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
Estimated average burden
hours per response: 23.8
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
180 DEGREE CAP CORP COM 68235B109 188 101,000 SH   SOLE   101,000 0 0
3M CO COM 88579Y101 3,575 16,285 SH   SOLE   16,285 0 0
A H BELO CORP COM CL A 001282102 5,738 1,114,142 SH   SOLE   1,114,142 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 5,467 35,613 SH   SOLE   35,613 0 0
ADDUS HOMECARE CORP COM 006739106 13,787 283,390 SH   SOLE   283,390 0 0
AGILYSYS INC COM 00847J105 4,914 412,210 SH   SOLE   412,210 0 0
ALAMO GROUP INC COM 011311107 6,122 55,705 SH   SOLE   55,705 0 0
ALCENTRA CAP CORP COM 01374T102 74 10,565 SH   SOLE   10,565 0 0
ALLIANZGI CON INCM 2024 TARG COM 01883H102 7,349 797,103 SH   SOLE   797,103 0 0
ALLIED MOTION TECHNOLOGIES I COM 019330109 3,941 99,153 SH   SOLE   99,153 0 0
AMERCO COM 023586100 8,358 24,219 SH   SOLE   24,219 0 0
AMERIPRISE FINL INC COM 03076C106 5,334 36,057 SH   SOLE   36,057 0 0
ANTHEM INC COM 036752103 6,282 28,592 SH   SOLE   28,592 0 0
ARBOR RLTY TR INC COM 038923108 9,976 1,131,024 SH   SOLE   1,131,024 0 0
ARC DOCUMENT SOLUTIONS INC COM 00191G103 4,685 2,129,569 SH   SOLE   2,129,569 0 0
ARES CAP CORP COM 04010L103 6,423 404,750 SH   SOLE   404,750 0 0
ASTRONOVA INC COM 04638F108 5,533 356,960 SH   SOLE   356,960 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 2,039 197,000 SH   SOLE   197,000 0 0
AWARE INC MASS COM 05453N100 3,212 773,925 SH   SOLE   773,925 0 0
B RILEY FINL INC COM 05580M108 25,053 1,284,783 SH   SOLE   1,284,783 0 0
BAR HBR BANKSHARES COM 066849100 13,864 500,139 SH   SOLE   500,139 0 0
BASSETT FURNITURE INDS INC COM 070203104 1,760 58,000 SH   SOLE   58,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 299 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 7,024 35,213 SH   SOLE   35,213 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 5,546 919,765 SH   SOLE   919,765 0 0
BLACKROCK ENERGY & RES TR COM 09250U101 6,993 528,968 SH   SOLE   528,968 0 0
BLACKROCK MUN 2030 TAR TERM COM SHS BEN IN 09257P105 4,134 193,986 SH   SOLE   193,986 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 1,289 145,165 SH   SOLE   145,165 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 3,715 118,227 SH   SOLE   118,227 0 0
BLUELINX HLDGS INC COM NEW 09624H208 4,530 139,000 SH   SOLE   139,000 0 0
BOEING CO COM 097023105 7,767 23,688 SH   SOLE   23,688 0 0
BOSTON SCIENTIFIC CORP COM 101137107 312 11,411 SH   SOLE   11,411 0 0
BOULDER GROWTH & INCOME FD I COM 101507101 4,356 404,044 SH   SOLE   404,044 0 0
BRUNSWICK CORP COM 117043109 5,606 94,385 SH   SOLE   94,385 0 0
BSB BANCORP INC MD COM 05573H108 6,070 198,362 SH   SOLE   198,362 0 0
CALLAWAY GOLF CO COM 131193104 18,869 1,153,349 SH   SOLE   1,153,349 0 0
CANTEL MEDICAL CORP COM 138098108 686 6,154 SH   SOLE   6,154 0 0
CAPITAL SOUTHWEST CORP COM 140501107 31,855 1,871,615 SH   SOLE   1,871,615 0 0
CARBONITE INC COM 141337105 9,346 324,504 SH   SOLE   324,504 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 125 10,000 SH   SOLE   10,000 0 0
CELCUITY INC COM 15102K100 218 13,223 SH   SOLE   13,223 0 0
CHIMERA INVT CORP COM NEW 16934Q208 7,387 424,307 SH   SOLE   424,307 0 0
CINTAS CORP COM 172908105 4,431 25,977 SH   SOLE   25,977 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 3,022 537,811 SH   SOLE   537,811 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 4,172 116,400 SH   SOLE   116,400 0 0
COMMERCEHUB INC COM SER C 20084V306 2,551 113,450 SH   SOLE   113,450 0 0
COMMERCIAL VEH GROUP INC COM 202608105 1,217 157,000 SH   SOLE   157,000 0 0
CORE MOLDING TECHNOLOGIES IN COM 218683100 6,540 366,783 SH   SOLE   366,783 0 0
CORENERGY INFRASTRUCTURE TR COM NEW 21870U502 3,877 103,277 SH   SOLE   103,277 0 0
CSW INDUSTRIALS INC COM 126402106 8,208 182,193 SH   SOLE   182,193 0 0
CULP INC COM 230215105 2,129 69,676 SH   SOLE   69,676 0 0
CVS HEALTH CORP COM 126650100 3,361 54,022 SH   SOLE   54,022 0 0
CYBEROPTICS CORP COM 232517102 1,126 62,568 SH   SOLE   62,568 0 0
DEERE & CO COM 244199105 4,444 28,610 SH   SOLE   28,610 0 0
DELUXE CORP COM 248019101 13,585 183,559 SH   SOLE   183,559 0 0
DESTINATION XL GROUP INC COM 25065K104 3,101 1,772,222 SH   SOLE   1,772,222 0 0
DIGI INTL INC COM 253798102 12,530 1,216,495 SH   SOLE   1,216,495 0 0
DIGIRAD CORP COM 253827109 1,282 826,824 SH   SOLE   826,824 0 0
DLH HLDGS CORP COM 23335Q100 2,184 373,900 SH   SOLE   373,900 0 0
DOUGLAS DYNAMICS INC COM 25960R105 13,574 313,119 SH   SOLE   313,119 0 0
DRIVE SHACK INC COM 262077100 14,526 3,038,889 SH   SOLE   3,038,889 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 5,428 266,065 SH   SOLE   266,065 0 0
EATON VANCE TX ADV GLBL DIV COM 27828S101 7,926 474,310 SH   SOLE   474,310 0 0
ENSTAR GROUP LIMITED SHS G3075P101 7,958 37,848 SH   SOLE   37,848 0 0
ENTEGRA FINL CORP COM 29363J108 6,445 222,250 SH   SOLE   222,250 0 0
ETSY INC COM 29786A106 10,786 384,398 SH   SOLE   384,398 0 0
EVOLUTION PETROLEUM CORP COM 30049A107 2,842 353,000 SH   SOLE   353,000 0 0
EXXON MOBIL CORP COM 30231G102 3,535 47,382 SH   SOLE   47,382 0 0
FARMER BROS CO COM 307675108 10,300 341,061 SH   SOLE   341,061 0 0
FARMERS NATL BANC CORP COM 309627107 3,065 221,271 SH   SOLE   221,271 0 0
FERRO CORP COM 315405100 14,805 637,593 SH   SOLE   637,593 0 0
FIBROGEN INC COM 31572Q808 416 9,000 SH   SOLE   9,000 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 5,038 349,860 SH   SOLE   349,860 0 0
FIRST NORTHWEST BANCORP COM 335834107 5,057 299,420 SH   SOLE   299,420 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 5,992 333,234 SH   SOLE   333,234 0 0
FIRST TR ENERGY INFRASTRCTR COM 33738C103 4,395 292,981 SH   SOLE   292,981 0 0
FISERV INC COM 337738108 6,394 89,662 SH   SOLE   89,662 0 0
FRANKLIN COVEY CO COM 353469109 9,329 346,816 SH   SOLE   346,816 0 0
GENTHERM INC COM 37253A103 5,192 152,926 SH   SOLE   152,926 0 0
GLADSTONE LD CORP COM 376549101 3,664 303,310 SH   SOLE   303,310 0 0
GREEN BRICK PARTNERS INC COM 392709101 16,751 1,536,766 SH   SOLE   1,536,766 0 0
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 12,760 197,491 SH   SOLE   197,491 0 0
HACKETT GROUP INC COM 404609109 12,894 802,882 SH   SOLE   802,882 0 0
HERITAGE CRYSTAL CLEAN INC COM 42726M106 3,952 167,800 SH   SOLE   167,800 0 0
HOOKER FURNITURE CORP COM 439038100 12,041 328,103 SH   SOLE   328,103 0 0
HORACE MANN EDUCATORS CORP N COM 440327104 7,635 178,586 SH   SOLE   178,586 0 0
HORMEL FOODS CORP COM 440452100 3,706 107,977 SH   SOLE   107,977 0 0
I D SYSTEMS INC COM 449489103 2,280 366,546 SH   SOLE   366,546 0 0
IEC ELECTRS CORP NEW COM 44949L105 1,987 442,200 SH   SOLE   442,200 0 0
INFORMATION SERVICES GROUP I COM 45675Y104 4,209 1,007,000 SH   SOLE   1,007,000 0 0
INTL FCSTONE INC COM 46116V105 23,221 544,066 SH   SOLE   544,066 0 0
INVESCO LTD SHS G491BT108 3,180 99,350 SH   SOLE   99,350 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 7,970 95,380 SH   SOLE   95,380 0 0
ISHARES INC CORE MSCI EMKT 46434G103 2,270 38,878 SH   SOLE   38,878 0 0
ISHARES TR CORE MSCI EURO 46434V738 10,912 219,640 SH   SOLE   219,640 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 17,038 109,871 SH   SOLE   109,871 0 0
ISHARES TR S&P 500 VAL ETF 464287408 5,322 48,671 SH   SOLE   48,671 0 0
J & J SNACK FOODS CORP COM 466032109 4,915 35,989 SH   SOLE   35,989 0 0
JOHNSON & JOHNSON COM 478160104 4,882 38,092 SH   SOLE   38,092 0 0
JPMORGAN CHASE & CO COM 46625H100 7,885 71,702 SH   SOLE   71,702 0 0
KIMBALL ELECTRONICS INC COM 49428J109 1,211 75,000 SH   SOLE   75,000 0 0
KIMBALL INTL INC CL B 494274103 10,140 595,050 SH   SOLE   595,050 0 0
KINGSTONE COS INC COM 496719105 2,849 169,600 SH   SOLE   169,600 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 3,964 62,269 SH   SOLE   62,269 0 0
LAWSON PRODS INC COM 520776105 3,084 122,122 SH   SOLE   122,122 0 0
LEAF GROUP LTD COM 52177G102 5,065 718,400 SH   SOLE   718,400 0 0
LENDINGTREE INC NEW COM 52603B107 5,468 16,662 SH   SOLE   16,662 0 0
LITHIA MTRS INC CL A 536797103 9,819 97,685 SH   SOLE   97,685 0 0
LSC COMMUNICATIONS INC COM 50218P107 5,696 326,421 SH   SOLE   326,421 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 5,741 155,443 SH   SOLE   155,443 0 0
MADDEN STEVEN LTD COM 556269108 6,779 154,421 SH   SOLE   154,421 0 0
MADISON CVRED CALL & EQ STR COM 557437100 6,993 963,196 SH   SOLE   963,196 0 0
MALIBU BOATS INC COM CL A 56117J100 16,103 484,891 SH   SOLE   484,891 0 0
MCBC HLDGS INC COM 55276F107 4,147 164,550 SH   SOLE   164,550 0 0
MICROSOFT CORP COM 594918104 9,064 99,306 SH   SOLE   99,306 0 0
MVC CAPITAL INC COM 553829102 4,985 502,029 SH   SOLE   502,029 0 0
NATHANS FAMOUS INC NEW COM 632347100 1,663 22,500 SH   SOLE   22,500 0 0
NATIONAL CINEMEDIA INC COM 635309107 586 112,920 SH   SOLE   112,920 0 0
NATURAL GAS SERVICES GROUP COM 63886Q109 9,406 394,394 SH   SOLE   394,394 0 0
NAUTILUS INC COM 63910B102 10,323 767,486 SH   SOLE   767,486 0 0
NCR CORP NEW COM 62886E108 2,861 90,783 SH   SOLE   90,783 0 0
NEUBERGER BERMAN MLP INCOME COM 64129H104 10,565 1,294,698 SH   SOLE   1,294,698 0 0
NORTHSTAR REALTY EUROPE CORP COM 66706L101 8,239 632,794 SH   SOLE   632,794 0 0
NOVANTA INC COM 67000B104 7,471 143,264 SH   SOLE   143,264 0 0
NOVARTIS A G SPONSORED ADR 66987V109 2,456 30,377 SH   SOLE   30,377 0 0
NUVEEN BUILD AMER BD FD COM 67074C103 10,507 505,388 SH   SOLE   505,388 0 0
NUVEEN INTER DURATION MN TMF COM 670671106 4,860 386,906 SH   SOLE   386,906 0 0
NUVEEN MTG OPPORTUNITY TERM COM 670735109 10,255 431,776 SH   SOLE   431,776 0 0
NUVEEN PFD & INCOME TERM FD COM 67075A106 2,405 101,415 SH   SOLE   101,415 0 0
OAKTREE STRATEGIC INCOME COR COM 67402D104 1,896 240,329 SH   SOLE   240,329 0 0
OFS CAP CORP COM 67103B100 2,870 255,753 SH   SOLE   255,753 0 0
OUTFRONT MEDIA INC COM 69007J106 6,621 353,334 SH   SOLE   353,334 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 2,839 147,110 SH   SOLE   147,110 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 8,058 469,298 SH   SOLE   469,298 0 0
PAYPAL HLDGS INC COM 70450Y103 235 3,092 SH   SOLE   3,092 0 0
PCSB FINL CORP COM 69324R104 2,769 132,000 SH   SOLE   132,000 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 10,363 791,644 SH   SOLE   791,644 0 0
PERCEPTRON INC COM 71361F100 4,310 492,540 SH   SOLE   492,540 0 0
PFSWEB INC COM NEW 717098206 2,788 319,000 SH   SOLE   319,000 0 0
PRGX GLOBAL INC COM NEW 69357C503 1,049 111,000 SH   SOLE   111,000 0 0
PROCTER AND GAMBLE CO COM 742718109 3,269 41,235 SH   SOLE   41,235 0 0
PZENA INVESTMENT MGMT INC CLASS A 74731Q103 19,041 1,710,747 SH   SOLE   1,710,747 0 0
REAVES UTIL INCOME FD COM SH BEN INT 756158101 4,950 175,347 SH   SOLE   175,347 0 0
RED LION HOTELS CORP COM 756764106 6,786 696,000 SH   SOLE   696,000 0 0
REIS INC COM 75936P105 5,421 252,725 SH   SOLE   252,725 0 0
REPUBLIC SVCS INC COM 760759100 4,717 71,214 SH   SOLE   71,214 0 0
RIGNET INC COM 766582100 6,543 481,101 SH   SOLE   481,101 0 0
RIVERNORTH DOUBLELINE STRATE COM 76882G107 6,283 352,789 SH   SOLE   352,789 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,692 154,217 SH   SOLE   154,217 0 0
ROYCE MICRO-CAP TR INC COM 780915104 2,286 244,260 SH   SOLE   244,260 0 0
ROYCE VALUE TR INC COM 780910105 2,957 190,036 SH   SOLE   190,036 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 5,664 472,378 SH   SOLE   472,378 0 0
SEASPAN CORP SHS Y75638109 6,038 903,856 SH   SOLE   903,856 0 0
SILVERCREST ASSET MGMT GROUP CL A 828359109 8,284 545,000 SH   SOLE   545,000 0 0
SIMULATIONS PLUS INC COM 829214105 5,734 388,765 SH   SOLE   388,765 0 0
SLEEP NUMBER CORP COM 83125X103 5,394 153,453 SH   SOLE   153,453 0 0
SOLAR CAP LTD COM 83413U100 6,518 320,902 SH   SOLE   320,902 0 0
SP PLUS CORP COM 78469C103 8,024 225,402 SH   SOLE   225,402 0 0
SPOK HLDGS INC COM 84863T106 13,555 906,673 SH   SOLE   906,673 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 5,612 104,631 SH   SOLE   104,631 0 0
STEWARDSHIP FINL CORP COM 860326107 550 50,000 SH   SOLE   50,000 0 0
STONECASTLE FINL CORP COM 861780104 9,194 422,716 SH   SOLE   422,716 0 0
STRYKER CORP COM 863667101 238 1,482 SH   SOLE   1,482 0 0
SUPERIOR UNIFORM GP INC COM 868358102 6,118 232,875 SH   SOLE   232,875 0 0
TARGET CORP COM 87612E106 4,007 57,719 SH   SOLE   57,719 0 0
TCP CAP CORP COM 87238Q103 151 10,587 SH   SOLE   10,587 0 0
TECHTARGET INC COM 87874R100 15,528 781,084 SH   SOLE   781,084 0 0
TEKLA HEALTHCARE INVS SH BEN INT 87911J103 4,716 219,044 SH   SOLE   219,044 0 0
THESTREET INC COM 88368Q103 3,005 1,678,569 SH   SOLE   1,678,569 0 0
TRANSACT TECHNOLOGIES INC COM 892918103 4,059 311,000 SH   SOLE   311,000 0 0
TRANSCAT INC COM 893529107 5,437 347,400 SH   SOLE   347,400 0 0
UFP TECHNOLOGIES INC COM 902673102 5,251 178,000 SH   SOLE   178,000 0 0
UNITED FINL BANCORP INC NEW COM 910304104 6,164 380,522 SH   SOLE   380,522 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,380 34,808 SH   SOLE   34,808 0 0
UNITEDHEALTH GROUP INC COM 91324P102 8,177 38,211 SH   SOLE   38,211 0 0
U S PHYSICAL THERAPY INC COM 90337L108 5,992 73,701 SH   SOLE   73,701 0 0
U S G CORP COM NEW 903293405 3,932 97,284 SH   SOLE   97,284 0 0
VAREX IMAGING CORP COM 92214X106 7,712 215,533 SH   SOLE   215,533 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 4,779 99,932 SH   SOLE   99,932 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 1,752 574,482 SH   SOLE   574,482 0 0
WASTE MGMT INC DEL COM 94106L109 5,309 63,114 SH   SOLE   63,114 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 3,637 249,143 SH   SOLE   249,143 0 0
WESTWOOD HLDGS GROUP INC COM 961765104 7,097 125,629 SH   SOLE   125,629 0 0