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
BLUEROCK RESIDENTIAL GRW REI COM CL A 09627J102 820 75,400 SH   SOLE   75,400 0 0
CABLE ONE INC COM 12685J105 2,860 6,542 SH   SOLE   6,542 0 0
COLONY CAP INC CL A 19624R106 1,258 75,000 SH   SOLE   75,000 0 0
FUEL SYS SOLUTIONS INC COM 35952W103 8,438 1,525,919 SH   SOLE   1,525,919 0 0
FUEL SYS SOLUTIONS INC COM 35952W103 2,039 368,646 SH   OTR   0 368,646 0
HIGHER ONE HLDGS INC COM 42983D104 4,197 1,073,450 SH   SOLE   1,073,450 0 0
HUDSON TECHNOLOGIES INC COM 444144109 6,090 1,856,650 SH   SOLE   1,856,650 0 0
INTEVAC INC COM 461148108 3,509 779,801 SH   SOLE   779,801 0 0
LIMELIGHT NETWORKS INC COM 53261M104 1,591 878,906 SH   SOLE   878,906 0 0
PRGX GLOBAL INC COM NEW 69357C503 5,087 1,077,828 SH   SOLE   1,077,828 0 0
PRGX GLOBAL INC COM NEW 69357C503 156 33,080 SH   OTR   0 33,080 0
RESOURCE AMERICA INC CL A 761195205 902 156,357 SH   SOLE   156,357 0 0
STONECASTLE FINL CORP COM 861780104 1,933 111,649 SH   SOLE   111,649 0 0
XO GROUP INC COM 983772104 4,565 284,400 SH   SOLE   284,400 0 0
XURA INC COM 98420V107 22,910 1,164,705 SH   SOLE   1,164,705 0 0
XURA INC COM 98420V107 5,561 282,738 SH   OTR   0 282,738 0