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

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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
AMERICAN TOWER CORP Common 03027X100 11,856 81,578 SH   SOLE   81,578 0 0
ANDEAVOR LOGISTICS LP MLP 03350F106 4,184 93,376 SH   SOLE   93,376 0 0
APPLE HOSPITALITY REIT INC Common 03784Y200 9,119 519,011 SH   SOLE   519,011 0 0
ALEXANDRIA REAL ESTATE EQUIT Common 015271109 12,659 101,361 SH   SOLE   101,361 0 0
AIRCASTLE LTD Common G0129K104 10,412 524,286 SH   SOLE   524,286 0 0
BLACKSTONE GROUP LP/THE MLP 09253U108 3,897 121,981 SH   SOLE   121,981 0 0
CATERPILLAR INC Common 149123101 12,026 81,602 SH   SOLE   81,602 0 0
CROWN CASTLE INTL CORP Common 22822V101 13,551 123,630 SH   SOLE   123,630 0 0
CELANESE CORP-SERIES A Common 150870103 14,868 148,368 SH   SOLE   148,368 0 0
CUMMINS INC Common 231021106 13,631 84,097 SH   SOLE   84,097 0 0
CISCO SYSTEMS INC Common 17275R102 16,968 395,626 SH   SOLE   395,626 0 0
DR HORTON INC Common 23331A109 6,504 148,361 SH   SOLE   148,361 0 0
ENTERPRISE PRODUCTS PARTNERS MLP 293792107 3,913 159,882 SH   SOLE   159,882 0 0
EPR PROPERTIES Common 26884U109 11,507 207,714 SH   SOLE   207,714 0 0
EQUINIX INC Common 29444U700 12,408 29,676 SH   SOLE   29,676 0 0
EQT MIDSTREAM PARTNERS LP MLP 26885B100 3,270 55,406 SH   SOLE   55,406 0 0
EATON CORP PLC Common G29183103 11,856 148,374 SH   SOLE   148,374 0 0
ENERGY TRANSFER PARTNERS LP MLP 29278N103 2,846 175,483 SH   SOLE   175,483 0 0
EATON VANCE TAX MAN GLBL BR Closed End Fund 27829C105 10,058 870,850 SH   SOLE   870,850 0 0
FORTUNE BRANDS HOME & SECURI Common 34964C106 6,551 111,247 SH   SOLE   111,247 0 0
FEDEX CORP Common 31428X106 7,127 29,683 SH   SOLE   29,683 0 0
CEDAR FAIR LP MLP 150185106 4,043 63,302 SH   SOLE   63,302 0 0
GAMING AND LEISURE PROPERTIE Common 36467J108 13,574 405,578 SH   SOLE   405,578 0 0
GRAMERCY PROPERTY TRUST Common 385002308 10,959 504,364 SH   SOLE   504,364 0 0
HUNTINGTON BANCSHARES INC Common 446150104 6,872 455,120 SH   SOLE   455,120 0 0
HOME DEPOT INC Common 437076102 11,889 66,706 SH   SOLE   66,706 0 0
HOLLY ENERGY PARTNERS LP MLP 435763107 3,359 121,862 SH   SOLE   121,862 0 0
HONEYWELL INTERNATIONAL INC Common 438516106 13,579 93,968 SH   SOLE   93,968 0 0
HOSPITALITY PROPERTIES TRUST Common 44106M102 11,653 459,892 SH   SOLE   459,892 0 0
INVITATION HOMES INC Common 46187W107 12,762 559,039 SH   SOLE   559,039 0 0
MAGELLAN MIDSTREAM PARTNERS MLP 559080106 1,571 26,939 SH   SOLE   26,939 0 0
MPLX LP MLP 55336V100 3,711 112,335 SH   SOLE   112,335 0 0
OUTFRONT MEDIA INC Common 69007J106 9,827 524,388 SH   SOLE   524,388 0 0
PFIZER INC Common 717081103 12,640 356,161 SH   SOLE   356,161 0 0
SPECTRA ENERGY PARTNERS LP MLP 84756N109 2,447 72,761 SH   SOLE   72,761 0 0
SIMON PROPERTY GROUP INC Common 828806109 9,921 64,278 SH   SOLE   64,278 0 0
TIMKEN CO Common 887389104 11,276 247,282 SH   SOLE   247,282 0 0
TRANSCANADA CORP Common 89353D107 11,035 267,135 SH   SOLE   267,135 0 0
UNITED PARCEL SERVICE-CL B Common 911312106 6,211 59,349 SH   SOLE   59,349 0 0
WILLIAMS COS INC MLP 969457100 3,186 128,161 SH   SOLE   128,161 0 0
FARMLAND PARTNERS INC Preferred Class B 31154R208 4,823 193,417 SH   SOLE   193,417 0 0
NUSTAR ENERGY LP Preferred Class A 67058H201 15,580 672,162 SH   SOLE   672,162 0 0
ETRACS Alerian MLP Index ETN 90267B682 18,868 1,251,235 SH   SOLE   1,251,235 0 0
Tortoise Energy Infrastructure Closed End Fund 89147L100 21,301 852,744 SH   SOLE   852,744 0 0
IShares S&P U.S.Preferred Stock Index ETF 464288687 12,522 333,392 SH   SOLE   333,392 0 0
JPMorgan Alerian MLP Index ETN 46625H365 15,235 634,791 SH   SOLE   634,791 0 0
AIR TRANSPORT SERVICES GROUP COM 00922R105 10,235 438,894 SH   SOLE   438,894 0 0
ARROWHEAD PHARMACEUTICALS IN COM 04280A100 5,221 724,228 SH   SOLE   724,228 0 0
BANCO LATINOAMERICANO COME-E COM P16994132 6,313 221,519 SH   SOLE   221,519 0 0
BLINK CHARGING CO COM 09354A100 2,021 735,000 SH   SOLE   735,000 0 0
CEVA INC COM 157210105 7,109 196,393 SH   SOLE   196,393 0 0
COMTECH TELECOMMUNICATIONS COM 205826209 5,411 181,043 SH   SOLE   181,043 0 0
CONDOR HOSPITALITY TRUST INC COM 20676Y403 4,925 492,538 SH   SOLE   492,538 0 0
CONSOLIDATED WATER CO-ORD SH COM G23773107 5,893 405,048 SH   SOLE   405,048 0 0
DMC GLOBAL INC COM 23291C103 15,021 561,543 SH   SOLE   561,543 0 0
DOUGLAS DYNAMICS INC COM 25960R105 10,399 239,904 SH   SOLE   239,904 0 0
EPLUS INC COM 294268107 9,059 116,594 SH   SOLE   116,594 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 4,929 214,786 SH   SOLE   214,786 0 0
EYENOVIA INC COM 30234E104 3,248 355,000 SH   SOLE   355,000 0 0
FARMLAND PARTNERS INC COM 31154R109 4,923 589,596 SH   SOLE   589,596 0 0
FLEXION THERAPEUTICS INC COM 33938J106 2,889 128,924 SH   SOLE   128,924 0 0
FLY LEASING LTD-ADR COM 34407D109 7,240 543,957 SH   SOLE   543,957 0 0
FREIGHTCAR AMERICA INC COM 357023100 3,206 239,284 SH   SOLE   239,284 0 0
FRESHPET INC COM 358039105 2,979 181,117 SH   SOLE   181,117 0 0
KRATON CORP COM 50077C106 13,027 273,062 SH   SOLE   273,062 0 0
MATERION CORP COM 576690101 9,252 181,238 SH   SOLE   181,238 0 0
MGP INGREDIENTS INC COM 55303J106 12,097 135,036 SH   SOLE   135,036 0 0
MISTRAS GROUP INC COM 60649T107 3,778 199,506 SH   SOLE   199,506 0 0
MONARCH CASINO & RESORT INC COM 609027107 8,306 196,424 SH   SOLE   196,424 0 0
NEOGENOMICS INC COM 64049M209 7,062 865,540 SH   SOLE   865,540 0 0
NEWMARK GROUP INC-CLASS A COM 65158N102 6,061 399,038 SH   SOLE   399,038 0 0
OIL-DRI CORP OF AMERICA COM 677864100 6,173 153,604 SH   SOLE   153,604 0 0
PARK CITY GROUP INC COM 700215304 5,262 601,385 SH   SOLE   601,385 0 0
PETMED EXPRESS INC COM 716382106 13,195 316,065 SH   SOLE   316,065 0 0
PSYCHEMEDICS CORP COM 744375205 4,123 193,064 SH   SOLE   193,064 0 0
SAGA COMMUNICATIONS INC-CL A COM 786598300 4,378 117,553 SH   SOLE   117,553 0 0
SIGMA DESIGNS INC COM 826565103 5,669 914,440 SH   SOLE   914,440 0 0
SOLARIS OILFIELD INFRAST-A COM 83418M103 6,758 408,093 SH   SOLE   408,093 0 0
SOTHERLY HOTELS INC COM 83600C103 4,278 618,217 SH   SOLE   618,217 0 0
SPORTSMAN'S WAREHOUSE HOLDIN COM 84920Y106 2,904 711,946 SH   SOLE   711,946 0 0
STRATTEC SECURITY CORP COM 863111100 4,907 132,816 SH   SOLE   132,816 0 0
SUNRUN INC COM 86771W105 12,387 1,387,136 SH   SOLE   1,387,136 0 0
TREX COMPANY INC COM 89531P105 14,682 134,984 SH   SOLE   134,984 0 0
UNIFI INC COM 904677200 6,571 181,280 SH   SOLE   181,280 0 0
US AUTO PARTS NETWORK INC COM 90343C100 3,034 1,480,000 SH   SOLE   1,480,000 0 0
VERITONE INC COM 92347M100 3,119 224,089 SH   SOLE   224,089 0 0
VISHAY PRECISION GROUP COM 92835K103 10,418 334,462 SH   SOLE   334,462 0 0
WATERSTONE FINANCIAL INC COM 94188P101 5,999 346,773 SH   SOLE   346,773 0 0
ZOE'S KITCHEN INC COM 98979J109 3,057 211,712 SH   SOLE   211,712 0 0
AMERICAN CAMPUS COMMUNITIES COM 024835100 15,428 400,000 SH   SOLE   400,000 0 0
AGREE REALTY CORP COM 008492100 30,825 642,200 SH   SOLE   642,200 0 0
APARTMENT INVT & MGMT CO -A COM 03748R101 35,735 875,862 SH   SOLE   875,862 0 0
AMERICAN TOWER CORP COM 03027X100 95,562 661,592 SH   SOLE   661,592 0 0
ALEXANDRIA REAL ESTATE EQUIT COM 015271109 70,376 566,953 SH   SOLE   566,953 0 0
AVALONBAY COMMUNITIES INC COM 053484101 37,346 226,657 SH   SOLE   226,657 0 0
BOSTON PROPERTIES INC COM 101121101 49,202 397,482 SH   SOLE   397,482 0 0
CROWN CASTLE INTL CORP COM 22822V101 80,666 730,343 SH   SOLE   730,343 0 0
CUBESMART COM 229663109 51,224 1,831,390 SH   SOLE   1,831,390 0 0
DIGITAL REALTY TRUST INC COM 253868103 28,880 273,873 SH   SOLE   273,873 0 0
PHYSICIANS REALTY TRUST COM 71943U104 14,136 911,411 SH   SOLE   911,411 0 0
EDUCATION REALTY TRUST INC COM 28140H203 31,798 963,004 SH   SOLE   963,004 0 0
EASTGROUP PROPERTIES INC COM 277276101 46,603 560,134 SH   SOLE   560,134 0 0
EQUITY LIFESTYLE PROPERTIES COM 29472R108 24,061 275,398 SH   SOLE   275,398 0 0
EPR PROPERTIES COM 26884U109 35,568 640,345 SH   SOLE   640,345 0 0
EQUINIX INC COM 29444U700 58,930 141,296 SH   SOLE   141,296 0 0
EXTRA SPACE STORAGE INC COM 30225T102 18,468 213,948 SH   SOLE   213,948 0 0
FIRST INDUSTRIAL REALTY TR COM 32054K103 43,016 1,473,150 SH   SOLE   1,473,150 0 0
FEDERAL REALTY INVS TRUST COM 313747206 46,360 397,803 SH   SOLE   397,803 0 0
GAMING AND LEISURE PROPERTIE COM 36467J108 29,883 888,851 SH   SOLE   888,851 0 0
GRAMERCY PROPERTY TRUST COM 385002308 30,278 1,392,110 SH   SOLE   1,392,110 0 0
HOSPITALITY PROPERTIES TRUST COM 44106M102 31,342 1,231,044 SH   SOLE   1,231,044 0 0
HOST HOTELS & RESORTS INC COM 44107P104 51,649 2,759,059 SH   SOLE   2,759,059 0 0
INVITATION HOMES INC COM 46187W107 31,828 1,402,458 SH   SOLE   1,402,458 0 0
INVESTORS REAL ESTATE TRUST COM 461730103 20,748 3,937,001 SH   SOLE   3,937,001 0 0
JERNIGAN CAPITAL INC COM 476405105 11,916 658,750 SH   SOLE   658,750 0 0
KITE REALTY GROUP TRUST COM 49803T300 17,647 1,154,921 SH   SOLE   1,154,921 0 0
LAMAR ADVERTISING CO-A COM 512816109 16,446 258,835 SH   SOLE   258,835 0 0
LTC PROPERTIES INC COM 502175102 27,968 735,206 SH   SOLE   735,206 0 0
OUTFRONT MEDIA INC COM 69007J106 26,113 1,404,757 SH   SOLE   1,404,757 0 0
PENN REAL ESTATE INVEST TST COM 709102107 14,196 1,453,101 SH   SOLE   1,453,101 0 0
SIMON PROPERTY GROUP INC COM 828806109 74,905 482,856 SH   SOLE   482,856 0 0
TERRENO REALTY CORP COM 88146M101 45,402 1,313,726 SH   SOLE   1,313,726 0 0
VORNADO REALTY TRUST COM 929042109 19,501 288,144 SH   SOLE   288,144 0 0
WELLTOWER INC COM 95040Q104 40,052 732,479 SH   SOLE   732,479 0 0
WEINGARTEN REALTY INVESTORS COM 948741103 29,898 1,057,601 SH   SOLE   1,057,601 0 0
WEYERHAEUSER CO COM 962166104 63,049 1,794,750 SH   SOLE   1,794,750 0 0
SACHEM CAPITAL CORP COM 78590A109 576 171,000 SH   SOLE   171,000 0 0
CLIPPER REALTY COM 18885T306 258 30,500 SH   SOLE   30,500 0 0