1ST CONSTITUTION BANCORP COM 31986N102 808 71219 SH SOLE 0 0 71219 AEROJET ROCKETDYNE HLDGS INC COM 7800105 314 15255 SH SOLE 0 0 15255 ALEXANDER & BALDWIN INC NEW COM 14491104 867 22000 SH SOLE 0 0 22000 AMERICAN INTL GROUP INC COM NEW 26874784 408 6600 SH SOLE 0 0 6600 API TECHNOLOGIES CORP COM NEW 00187E104 1664 663000 SH SOLE 0 0 663000 APPLE INC COM 37833100 913 7280 SH SOLE 0 0 7280 ARCH COAL INC COM 39380100 30 87166 SH SOLE 0 0 87166 ARLINGTON ASSET INVT CORP CL A NEW 41356205 234 11965 SH SOLE 0 0 11965 ASANKO GOLD INC COM 04341Y105 34 20000 SH SOLE 0 0 20000 AT&T INC COM 00206R102 5750 161867 SH SOLE 0 0 161867 BANC CALIF INC COM 05990K106 261 19000 SH SOLE 0 0 19000 BANCORP INC DEL COM 05969A105 456 49100 SH SOLE 0 0 49100 BANK OF THE ST JAMES FINL GP COM 470299108 929 81800 SH SOLE 0 0 81800 BANRO CORP COM 66800103 27 85000 SH SOLE 0 0 85000 BAR HBR BANKSHARES COM 66849100 542 15300 SH SOLE 0 0 15300 BAYLAKE CORP COM 72788102 1246 98500 SH SOLE 0 0 98500 BLACKHAWK NETWORK HLDGS INC COM 09238E104 3584 87000 SH SOLE 0 0 87000 BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 884 69800 SH SOLE 0 0 69800 BOB EVANS FARMS INC COM 96761101 2629 51500 SH SOLE 0 0 51500 BP PLC SPONSORED ADR 55622104 522 13059 SH SOLE 0 0 13059 BRINKS CO COM 109696104 1318 44780 SH SOLE 0 0 44780 CALPINE CORP COM NEW 131347304 4533 252000 SH SOLE 0 0 252000 CANADIAN PAC RY LTD COM 13645T100 1041 6500 SH SOLE 0 0 6500 CASELLA WASTE SYS INC CL A 147448104 1010 180000 SH SOLE 0 0 180000 CATERPILLAR INC DEL COM 149123101 619 7299 SH SOLE 0 0 7299 CENTENE CORP DEL COM 15135B101 1589 19765 SH SOLE 0 0 19765 CHANTICLEER HLDGS INC COM PAR $.0001 N 15930P404 74 30000 SH SOLE 0 0 30000 CHARTER COMMUNICATIONS INC D CL A NEW 16117M305 1490 8700 SH SOLE 0 0 8700 CHEMTURA CORP COM NEW 163893209 3029 107000 SH SOLE 0 0 107000 CHERRY HILL MTG INVT CORP COM 164651101 162 10000 SH SOLE 0 0 10000 CITIGROUP INC COM NEW 172967424 2161 39116 SH SOLE 0 0 39116 CITIZENS FINL GROUP INC COM 174610105 355 13000 SH SOLE 0 0 13000 CITY OFFICE REIT INC COM 178587101 124 10000 SH SOLE 0 0 10000 CLAYMORE EXCHANGE TRD FD TR GUGG INSDR SENT 18383M209 281 5596 SH SOLE 0 0 5596 COCA COLA CO COM 191216100 504 12838 SH SOLE 0 0 12838 CODORUS VY BANCORP INC COM 192025104 346 17122 SH SOLE 0 0 17122 COLONY BANKCORP INC COM 19623P101 196 25000 SH SOLE 0 0 25000 CONNECTONE BANCORP INC NEW COM 20786W107 1004 46650 SH SOLE 0 0 46650 CONTRAVIR PHARMACEUTICALS IN COM 21234W103 76 15000 SH SOLE 0 0 15000 CORNING INC COM 219350105 3836 194400 SH SOLE 0 0 194400 CST BRANDS INC COM 12646R105 2812 72000 SH SOLE 0 0 72000 CSX CORP COM 126408103 478 14640 SH SOLE 0 0 14640 CVS HEALTH CORP COM 126650100 262 2500 SH SOLE 0 0 2500 DAKOTA PLAINS HLDGS INC COM 234255107 71 60000 SH SOLE 0 0 60000 DELTA AIR LINES INC DEL COM NEW 247361702 4305 104794 SH SOLE 0 0 104794 DELTIC TIMBER CORP COM 247850100 1921 28400 SH SOLE 0 0 28400 DIREXION SHS ETF TR DLY SC BEAR3XNEW 25459Y488 120 12385 SH SOLE 0 0 12385 DNB FINL CORP COM 233237106 1060 41023 SH SOLE 0 0 41023 DOVER MOTORSPORTS INC COM 260174107 663 300000 SH SOLE 0 0 300000 EDGEWELL PERS CARE CO COM 28035Q102 3535 26870 SH SOLE 0 0 26870 ELDORADO GOLD CORP NEW COM 284902103 321 77650 SH SOLE 0 0 77650 ENERGIZER HLDGS INC NEW COM 29272W109 294 8660 SH SOLE 0 0 8660 ENERPLUS CORP COM 292766102 102 11600 SH SOLE 0 0 11600 EVANS BANCORP INC COM NEW 29911Q208 243 10000 SH SOLE 0 0 10000 EXXON MOBIL CORP COM 30231G102 464 5578 SH SOLE 0 0 5578 FEDERAL AGRIC MTG CORP CL C 313148306 1342 46164 SH SOLE 0 0 46164 FELCOR LODGING TR INC PFD CV A $1.95 31430F200 389 15755 SH SOLE 0 0 15755 FIRST BUS FINL SVCS INC WIS COM 319390100 962 20514 SH SOLE 0 0 20514 FIRST CAPITAL BANCORP VA COM 319438107 520 121567 SH SOLE 0 0 121567 FIRST SEC GROUP INC COM NEW 336312202 1069 436500 SH SOLE 0 0 436500 FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 363 20000 SH SOLE 0 0 20000 FRESH DEL MONTE PRODUCE INC ORD G36738105 5654 146250 SH SOLE 0 0 146250 FX ENERGY INC COM 302695101 23 25810 SH SOLE 0 0 25810 GENERAL MTRS CO COM 37045V100 1020 30600 SH SOLE 0 0 30600 GILEAD SCIENCES INC COM 375558103 211 1800 SH SOLE 0 0 1800 GLOBAL X FDS GBLX URANIUM NEW 37950E754 101 10936 SH SOLE 0 0 10936 GOLD RESOURCE CORP COM 38068T105 112 40700 SH SOLE 0 0 40700 GUARANTY FED BANCSHARES INC COM 40108P101 1713 116400 SH SOLE 0 0 116400 HARTE-HANKS INC COM 416196103 853 143076 SH SOLE 0 0 143076 HEXCEL CORP NEW COM 428291108 2564 51550 SH SOLE 0 0 51550 HOMETRUST BANCSHARES INC COM 437872104 251 15000 SH SOLE 0 0 15000 HORIZON BANCORP IND COM 440407104 3863 154774 SH SOLE 0 0 154774 HRG GROUP INC COM 40434J100 520 40000 SH SOLE 0 0 40000 I D SYSTEMS INC COM 449489103 322 52723 SH SOLE 0 0 52723 ICONIX BRAND GROUP INC COM 451055107 793 31740 SH SOLE 0 0 31740 INDEPENDENCE RLTY TR INC COM 45378A106 1267 168200 SH SOLE 0 0 168200 INVESCO SR INCOME TR COM 46131H107 133 29850 SH SOLE 0 0 29850 INVESTORS BANCORP INC NEW COM 46146L101 141 11500 SH SOLE 0 0 11500 IRIDIUM 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