The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
CAESARS ENTERTAINMENT CORPORATION COM 127686103 653 55,249 SH   SOLE 1 55,249 0 0
CLEAR CHANNEL OUTDOOR HLDGS COM 18453H106 590 124,986 SH   SOLE 1 124,986 0 0
HALCON RESOURCES CORP *W EXP 09/09/202 40537Q118 0 69,898 SH   SOLE   69,898 0 0
HALCON RESOURCES CORP COM 40537Q605 46 257,323 SH   SOLE   257,323 0 0
ING SPDR BLOOMBERG BARCLAYS LONG TERM ET PORTFOLIO LN COR 78464A367 6,016 209,250 SH   SOLE   209,250 0 0
ISHARES CORE INTL AGGREGATE BND ET CORE INTL AGGR 46435G672 15,602 286,400 SH   SOLE   286,400 0 0
ISHARES CORE S&P TOTAL U.S. STOCK CORE S&P TTL STK 464287150 3,038 45,600 SH   SOLE   45,600 0 0
ISHARES CORE US AGGREGATE BOND ETF CORE US AGGBD ET 464287226 3,207 28,800 SH   SOLE   28,800 0 0
ISHARES IBOXX INVESTMENT GRADE IBOXX INV CP ETF 464287242 19,849 159,600 SH   SOLE   159,600 0 0
ISHARES LONG TERM CORPORATE ETF LNG TR CRPRT BD 464289511 19,029 298,500 SH   SOLE   298,500 0 0
ISHARES MSCI ACWI ETF MSCI ACWI ETF 464288257 8,197 111,200 SH   SOLE   111,200 0 0
ISHARES MSCI TOTAL INTL STOCK ETF CORE MSCI TOTAL 46432F834 1,941 33,100 SH   SOLE   33,100 0 0
PACIFIC DRILLING SA COM L7257P205 1,887 149,735 SH   SOLE 1 149,735 0 0
SCHWAB US AGGREGATE BOND ETF US AGGREGATE B 808524839 3,207 60,500 SH   SOLE   60,500 0 0
SCHWAB US BROAD MARKET ETF US BRD MKT ETF 808524102 3,026 42,900 SH   SOLE   42,900 0 0
SPDR PORTFOLIO AGGREGATE BOND ETF PORTFOLIO AGRGTE 78464A649 3,209 110,000 SH   SOLE   110,000 0 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 171 7,584 SH   SOLE   7,584 0 0
TIDEWATER INC COM 88642R109 22,790 970,612 SH   SOLE   970,612 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,580 246,531 SH   SOLE   246,531 0 0
TRANSOCEAN LTD REG SHS H8817H100 1,117 174,307 SH   SOLE 1 174,307 0 0
VANGUARD FTSE ALL-WORLD EX-US INDE ALLWRLD EX US 922042775 2,912 57,100 SH   SOLE   57,100 0 0
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 9,857 109,700 SH   SOLE   109,700 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 9,929 102,300 SH   SOLE   102,300 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 35,067 362,000 SH   SOLE   362,000 0 0
VANGUARD TOTAL BOND MARKET INDEX F TOTAL BND MRKT 921937835 3,207 38,600 SH   SOLE   38,600 0 0
VANGUARD TOTAL INTERNATIONAL BOND INTL BD IDX ETF 92203J407 3,902 68,100 SH   SOLE   68,100 0 0
VANGUARD TOTAL WORLD STOCK INDEX F TT WRLD ST ETF 922042742 8,185 108,900 SH   SOLE   108,900 0 0