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
BLOCK H & R INC COM 093671105 9,390 355,419 SH   SOLE   355,419 0 0
BUCKLE INC COM 118440106 1,324 39,081 SH   SOLE   39,081 0 0
CASH AMER INTL INC COM 14754D100 6,107 158,040 SH   SOLE   158,040 0 0
CHECKPOINT SYS INC COM 162825103 16,314 1,612,046 SH   SOLE   1,612,046 0 0
DAKOTA PLAINS HLDGS INC COM 234255107 288 3,166,347 SH   SOLE   3,166,347 0 0
DST SYS INC DEL COM 233326107 7,072 62,716 SH   SOLE   62,716 0 0
EMERGENT CAP INC COM 29102N105 6,917 1,720,698 SH   SOLE   1,720,698 0 0
FREQUENCY ELECTRS INC COM 358010106 6,329 634,201 SH   SOLE   634,201 0 0
GEO GROUP INC NEW COM 36162J106 7,971 229,918 SH   SOLE   229,918 0 0
KIRKLANDS INC COM 497498105 1,146 65,457 SH   SOLE   65,457 0 0
NATURAL GAS SERVICES GROUP COM 63886Q109 1,785 82,545 SH   SOLE   82,545 0 0
PRGX GLOBAL INC COM 69357C503 3,532 748,254 SH   SOLE   748,254 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 8,002 398,305 SH   SOLE   398,305 0 0
STATE BK FINL CORP COM 856190103 5,571 281,911 SH   SOLE   281,911 0 0
TILLYS INC CL A 886885102 4,297 642,358 SH   SOLE   642,358 0 0
WHEELER REAL ESTATE INVT TR COM 963025101 4,336 3,468,993 SH   SOLE   3,468,993 0 0
XO GROUP INC COM 983772104 3,114 194,006 SH   SOLE   194,006 0 0