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
ABBVIE INC COM 00287Y109 1,630 28,533 SH   SOLE 20,742 0 7,791
ALLETE INC COM NEW 018522300 1,156 20,613 SH   SOLE 19,629 0 984
ALLIANT ENERGY CORP COM 018802108 1,193 16,059 SH   SOLE 14,944 0 1,115
ALLISON TRANSMISSION HLDGS I COM 01973R101 3,453 127,994 SH   SOLE 114,590 0 13,404
ALPHABET INC CAP STK CL A 02079K305 2,078 2,724 SH   SOLE 2,010 0 714
AMDOCS LTD SHS G02602103 1,266 20,958 SH   SOLE 19,503 0 1,455
AMERICAN EXPRESS CO COM 025816109 1,063 17,312 SH   SOLE 13,398 0 3,914
AMERICAN FINL GROUP INC OHIO COM 025932104 1,854 26,347 SH   SOLE 24,965 0 1,382
AMERICAN INTL GROUP INC COM NEW 026874784 928 17,171 SH   SOLE 12,177 0 4,994
AMGEN INC COM 031162100 837 5,581 SH   SOLE 3,959 0 1,622
ANTHEM INC COM 036752103 1,520 10,935 SH   SOLE 8,437 0 2,498
APPLE INC COM 037833100 1,549 14,209 SH   SOLE 10,624 0 3,585
ASTRONICS CORP COM 046433108 319 8,374 SH   SOLE 8,374 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 279 15,373 SH   SOLE 15,373 0 0
B & G FOODS INC NEW COM 05508R106 245 7,031 SH   SOLE 7,031 0 0
BANCORPSOUTH INC COM 059692103 1,772 83,136 SH   SOLE 78,562 0 4,574
BANK AMER CORP COM 060505104 1,684 124,562 SH   SOLE 96,564 0 27,998
BANNER CORP COM NEW 06652V208 2,102 49,991 SH   SOLE 47,608 0 2,383
BELDEN INC COM 077454106 1,418 23,095 SH   SOLE 21,908 0 1,187
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,570 11,066 SH   SOLE 8,354 0 2,712
BLACKROCK INC COM 09247X101 1,653 4,853 SH   SOLE 3,744 0 1,109
BLUEROCK RESIDENTIAL GRW REI COM CL A 09627J102 489 44,909 SH   SOLE 44,909 0 0
BOEING CO COM 097023105 1,203 9,478 SH   SOLE 6,991 0 2,487
BRISTOL MYERS SQUIBB CO COM 110122108 251 3,927 SH   SOLE 3,927 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 2,267 201,180 SH   SOLE 191,620 0 9,560
CALIFORNIA WTR SVC GROUP COM 130788102 217 8,103 SH   SOLE 8,103 0 0
CALLON PETE CO DEL COM 13123X102 2,230 251,989 SH   SOLE 240,468 0 11,521
CAMBREX CORP COM 132011107 366 8,327 SH   SOLE 8,327 0 0
CAPITAL ONE FINL CORP COM 14040H105 1,204 17,365 SH   SOLE 13,030 0 4,335
CARDINAL HEALTH INC COM 14149Y108 930 11,349 SH   SOLE 8,535 0 2,814
CARRIZO OIL & GAS INC COM 144577103 1,067 34,523 SH   SOLE 32,623 0 1,900
CASCADE BANCORP COM NEW 147154207 365 63,847 SH   SOLE 63,847 0 0
CATALENT INC COM 148806102 2,107 78,995 SH   SOLE 74,653 0 4,342
CATERPILLAR INC DEL COM 149123101 557 7,271 SH   SOLE 5,609 0 1,662
CBS CORP NEW CL B 124857202 1,445 26,237 SH   SOLE 20,072 0 6,165
CDW CORP COM 12514G108 1,503 36,217 SH   SOLE 33,710 0 2,507
CENTURY CASINOS INC COM 156492100 199 32,349 SH   SOLE 32,349 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 2,043 77,205 SH   SOLE 73,618 0 3,587
CHEVRON CORP NEW COM 166764100 1,059 11,105 SH   SOLE 7,861 0 3,244
CISCO SYS INC COM 17275R102 1,343 47,183 SH   SOLE 37,256 0 9,927
CITIGROUP INC COM NEW 172967424 1,872 44,847 SH   SOLE 34,706 0 10,141
CITY OFFICE REIT INC COM 178587101 270 23,688 SH   SOLE 23,688 0 0
CLUBCORP HLDGS INC COM 18948M108 1,988 141,627 SH   SOLE 134,942 0 6,685
CMS ENERGY CORP COM 125896100 1,014 23,891 SH   SOLE 22,237 0 1,654
COLUMBIA BKG SYS INC COM 197236102 1,934 64,634 SH   SOLE 61,097 0 3,537
COMCAST CORP NEW CL A 20030N101 1,595 26,106 SH   SOLE 18,964 0 7,142
CONCHO RES INC COM 20605P101 1,595 15,786 SH   SOLE 14,694 0 1,092
CONNECTICUT WTR SVC INC COM 207797101 254 5,627 SH   SOLE 5,627 0 0
CONOCOPHILLIPS COM 20825C104 871 21,626 SH   SOLE 17,691 0 3,935
CONSTELLATION BRANDS INC CL A 21036P108 1,702 11,267 SH   SOLE 10,488 0 779
COWEN GROUP INC NEW CL A 223622101 189 49,502 SH   SOLE 49,502 0 0
CU BANCORP CALIF COM 126534106 305 14,420 SH   SOLE 14,420 0 0
CURTISS WRIGHT CORP COM 231561101 2,555 33,769 SH   SOLE 31,898 0 1,871
CVS HEALTH CORP COM 126650100 1,478 14,252 SH   SOLE 11,093 0 3,159
DELTA AIR LINES INC DEL COM NEW 247361702 1,657 34,047 SH   SOLE 25,997 0 8,050
DISCOVER FINL SVCS COM 254709108 1,381 27,119 SH   SOLE 19,747 0 7,372
DST SYS INC DEL COM 233326107 1,777 15,760 SH   SOLE 14,966 0 794
ENTERPRISE PRODS PARTNERS L COM 293792107 1,075 43,655 SH   SOLE 33,294 0 10,361
EOG RES INC COM 26875P101 1,007 13,875 SH   SOLE 10,165 0 3,710
EPR PPTYS COM SH BEN INT 26884U109 865 12,982 SH   SOLE 12,395 0 587
EXXON MOBIL CORP COM 30231G102 2,042 24,427 SH   SOLE 18,522 0 5,905
FEI CO COM 30241L109 2,604 29,255 SH   SOLE 27,653 0 1,602
FIRST REP BK SAN FRANCISCO C COM 33616C100 1,131 16,969 SH   SOLE 15,798 0 1,171
FLUOR CORP NEW COM 343412102 728 13,552 SH   SOLE 10,242 0 3,310
FOOT LOCKER INC COM 344849104 1,364 21,154 SH   SOLE 19,689 0 1,465
G & K SVCS INC CL A 361268105 2,765 37,745 SH   SOLE 35,935 0 1,810
GENERAL ELECTRIC CO COM 369604103 2,526 79,458 SH   SOLE 62,059 0 17,399
GERMAN AMERN BANCORP INC COM 373865104 366 11,355 SH   SOLE 11,355 0 0
GILEAD SCIENCES INC COM 375558103 1,334 14,517 SH   SOLE 10,696 0 3,821
GLACIER BANCORP INC NEW COM 37637Q105 1,291 50,801 SH   SOLE 47,914 0 2,887
GP STRATEGIES CORP COM 36225V104 291 10,625 SH   SOLE 10,625 0 0
GRACO INC COM 384109104 1,948 23,202 SH   SOLE 21,573 0 1,629
GRAMERCY PPTY TR COM 385002100 2,414 285,691 SH   SOLE 271,018 0 14,673
GREAT WESTN BANCORP INC COM 391416104 3,498 128,286 SH   SOLE 122,356 0 5,930
GREENBRIER COS INC COM 393657101 1,334 48,276 SH   SOLE 46,204 0 2,072
GRIFFON CORP COM 398433102 183 11,823 SH   SOLE 11,823 0 0
GSI GROUP INC CDA NEW COM NEW 36191C205 187 13,229 SH   SOLE 13,229 0 0
HARLEY DAVIDSON INC COM 412822108 1,032 20,111 SH   SOLE 15,269 0 4,842
HEALTHCARE SVCS GRP INC COM 421906108 314 8,524 SH   SOLE 8,524 0 0
HELEN OF TROY CORP LTD COM G4388N106 1,965 18,954 SH   SOLE 17,904 0 1,050
HERITAGE FINL CORP WASH COM 42722X106 459 26,107 SH   SOLE 26,107 0 0
HESS CORP COM 42809H107 1,231 23,379 SH   SOLE 17,001 0 6,378
HOME BANCSHARES INC COM 436893200 2,450 59,835 SH   SOLE 56,588 0 3,247
HP INC COM 40434L105 725 58,871 SH   SOLE 48,833 0 10,038
INDEPENDENCE HLDG CO NEW COM NEW 453440307 328 20,623 SH   SOLE 20,623 0 0
INTEL CORP COM 458140100 207 6,386 SH   SOLE 6,386 0 0
INTRAWEST RESORTS HLDGS INC COM 46090K109 194 22,635 SH   SOLE 22,635 0 0
INVENTURE FOODS INC COM 461212102 1,168 206,814 SH   SOLE 197,213 0 9,601
JARDEN CORP COM 471109108 2,753 46,706 SH   SOLE 43,469 0 3,237
JOHNSON & JOHNSON COM 478160104 1,546 14,290 SH   SOLE 10,773 0 3,517
JOHNSON OUTDOORS INC CL A 479167108 265 11,914 SH   SOLE 11,914 0 0
JPMORGAN CHASE & CO COM 46625H100 2,728 46,070 SH   SOLE 34,242 0 11,828
KADANT INC COM 48282T104 581 12,875 SH   SOLE 12,875 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 725 52,355 SH   SOLE 49,316 0 3,039
KILROY RLTY CORP COM 49427F108 1,788 28,900 SH   SOLE 27,351 0 1,549
KIRKLANDS INC COM 497498105 238 13,576 SH   SOLE 13,576 0 0
LIFEPOINT HEALTH INC COM 53219L109 1,744 25,191 SH   SOLE 23,806 0 1,385
LIFETIME BRANDS INC COM 53222Q103 194 12,884 SH   SOLE 12,884 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 1,050 47,058 SH   SOLE 44,505 0 2,553
LYON WILLIAM HOMES CL A NEW 552074700 235 16,218 SH   SOLE 16,218 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 685 9,959 SH   SOLE 8,044 0 1,915
MAINSOURCE FINANCIAL GP INC COM 56062Y102 356 16,879 SH   SOLE 16,879 0 0
MARKEL CORP COM 570535104 1,613 1,809 SH   SOLE 1,684 0 125
MASTEC INC COM 576323109 2,586 127,754 SH   SOLE 120,724 0 7,030
MEDNAX INC COM 58502B106 904 13,988 SH   SOLE 13,021 0 967
MENTOR GRAPHICS CORP COM 587200106 229 11,268 SH   SOLE 11,268 0 0
MERCK & CO INC NEW COM 58933Y105 1,029 19,450 SH   SOLE 13,803 0 5,647
METLIFE INC COM 59156R108 1,127 25,651 SH   SOLE 19,121 0 6,530
MICROSOFT CORP COM 594918104 1,830 33,141 SH   SOLE 25,026 0 8,115
MINERALS TECHNOLOGIES INC COM 603158106 1,637 28,795 SH   SOLE 27,268 0 1,527
MKS INSTRUMENT INC COM 55306N104 1,636 43,463 SH   SOLE 41,305 0 2,158
MODINE MFG CO COM 607828100 183 16,657 SH   SOLE 16,657 0 0
MORGAN STANLEY COM NEW 617446448 1,151 46,029 SH   SOLE 33,425 0 12,604
MULTI COLOR CORP COM 625383104 325 6,099 SH   SOLE 6,099 0 0
NATIONAL BK HLDGS CORP CL A 633707104 2,248 110,273 SH   SOLE 105,374 0 4,899
NATIONAL RETAIL PPTYS INC COM 637417106 1,849 40,024 SH   SOLE 37,667 0 2,357
NAUTILUS INC COM 63910B102 2,558 132,376 SH   SOLE 126,438 0 5,938
NEENAH PAPER INC COM 640079109 321 5,044 SH   SOLE 5,044 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 181 10,872 SH   SOLE 10,872 0 0
NORDSTROM INC COM 655664100 412 7,209 SH   SOLE 5,117 0 2,092
OAKTREE CAP GROUP LLC UNIT CL A 674001201 1,248 25,293 SH   SOLE 18,697 0 6,596
ONE LIBERTY PPTYS INC COM 682406103 446 19,906 SH   SOLE 19,906 0 0
ORACLE CORP COM 68389X105 1,042 25,474 SH   SOLE 19,250 0 6,224
PARK STERLING CORP COM 70086Y105 342 51,279 SH   SOLE 51,279 0 0
PATRICK INDS INC COM 703343103 1,468 32,340 SH   SOLE 31,428 0 912
PDC ENERGY INC COM 69327R101 1,286 21,625 SH   SOLE 20,433 0 1,192
PENNEY J C INC COM 708160106 941 85,064 SH   SOLE 80,409 0 4,655
PEPSICO INC COM 713448108 1,906 18,595 SH   SOLE 13,728 0 4,867
PFIZER INC COM 717081103 1,880 63,415 SH   SOLE 49,436 0 13,979
PHILLIPS 66 COM 718546104 1,505 17,386 SH   SOLE 12,455 0 4,931
PHOTRONICS INC COM 719405102 189 18,127 SH   SOLE 18,127 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 1,887 38,465 SH   SOLE 36,630 0 1,835
PIONEER NAT RES CO COM 723787107 1,066 7,573 SH   SOLE 4,909 0 2,664
PLATFORM SPECIALTY PRODS COR COM 72766Q105 1,154 134,233 SH   SOLE 127,004 0 7,229
PNC FINL SVCS GROUP INC COM 693475105 1,262 14,919 SH   SOLE 10,911 0 4,008
PNM RES INC COM 69349H107 1,044 30,968 SH   SOLE 29,828 0 1,140
PORTLAND GEN ELEC CO COM NEW 736508847 1,235 31,286 SH   SOLE 29,550 0 1,736
PRIMERICA INC COM 74164M108 2,129 47,802 SH   SOLE 45,364 0 2,438
PRUDENTIAL FINL INC COM 744320102 1,016 14,074 SH   SOLE 9,987 0 4,087
RAYMOND JAMES FINANCIAL INC COM 754730109 1,223 25,694 SH   SOLE 23,910 0 1,784
RED LION HOTELS CORP COM 756764106 283 33,583 SH   SOLE 33,583 0 0
RENASANT CORP COM 75970E107 960 29,166 SH   SOLE 29,166 0 0
RLJ LODGING TR COM 74965L101 1,053 46,035 SH   SOLE 43,533 0 2,502
SCHLUMBERGER LTD COM 806857108 1,242 16,845 SH   SOLE 12,294 0 4,551
SCHULMAN A INC COM 808194104 230 8,465 SH   SOLE 8,465 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 2,039 32,133 SH   SOLE 30,374 0 1,759
SERVISFIRST BANCSHARES INC COM 81768T108 419 9,438 SH   SOLE 9,438 0 0
SILGAN HOLDINGS INC COM 827048109 273 5,132 SH   SOLE 5,132 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,440 6,935 SH   SOLE 5,609 0 1,326
SONIC CORP COM 835451105 2,402 68,327 SH   SOLE 64,552 0 3,775
SOUTH ST CORP COM 840441109 2,535 39,472 SH   SOLE 37,532 0 1,940
SPARTON CORP COM 847235108 271 15,051 SH   SOLE 15,051 0 0
STAG INDL INC COM 85254J102 2,195 107,795 SH   SOLE 102,314 0 5,481
STANDEX INTL CORP COM 854231107 1,567 20,140 SH   SOLE 19,448 0 692
STATE BK FINL CORP COM 856190103 404 20,424 SH   SOLE 20,424 0 0
STONEGATE BK FT LAUDERDALE F COM 861811107 322 10,764 SH   SOLE 10,764 0 0
SYNERGY RES CORP COM 87164P103 2,774 356,977 SH   SOLE 339,679 0 17,298
SYNOPSYS INC COM 871607107 818 16,885 SH   SOLE 11,980 0 4,905
TELEFLEX INC COM 879369106 3,379 21,523 SH   SOLE 20,338 0 1,185
TIME WARNER INC COM NEW 887317303 885 12,195 SH   SOLE 8,224 0 3,971
TRC COS INC COM 872625108 194 26,825 SH   SOLE 26,825 0 0
TRISTATE CAP HLDGS INC COM 89678F100 202 16,058 SH   SOLE 16,058 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 1,610 57,735 SH   SOLE 43,250 0 14,485
UNION PAC CORP COM 907818108 990 12,440 SH   SOLE 9,943 0 2,497
UNITEDHEALTH GROUP INC COM 91324P102 2,166 16,803 SH   SOLE 12,396 0 4,407
UNITIL CORP COM 913259107 233 5,486 SH   SOLE 5,486 0 0
UNIVERSAL HEALTH RLTY INCM T SH BEN INT 91359E105 364 6,471 SH   SOLE 6,471 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 1,872 34,621 SH   SOLE 24,273 0 10,348
WABTEC CORP COM 929740108 1,719 21,681 SH   SOLE 20,593 0 1,088
WELLS FARGO & CO NEW COM 949746101 2,069 42,778 SH   SOLE 31,558 0 11,220
WESTAR ENERGY INC COM 95709T100 1,349 27,192 SH   SOLE 25,302 0 1,890
WESTERN ALLIANCE BANCORP COM 957638109 2,639 79,073 SH   SOLE 74,720 0 4,353
WEYERHAEUSER CO COM 962166104 1,028 33,167 SH   SOLE 24,414 0 8,753
WHITING PETE CORP NEW COM 966387102 115 14,387 SH   SOLE 13,391 0 996
WINTRUST FINL CORP COM 97650W108 725 16,342 SH   SOLE 15,611 0 731
WOODWARD INC COM 980745103 2,006 38,561 SH   SOLE 36,463 0 2,098
XERIUM TECHNOLOGIES INC COM NEW 98416J118 146 27,975 SH   SOLE 27,975 0 0