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
3M CO COM COM 88579Y101 19,252 124,771 SH   SOLE   124,771 0 0
ABBOTT LABS COM COM 002824100 24,818 505,658 SH   SOLE   505,658 0 0
ABRAXAS PETE CORP COM COM 003830106 1,360 461,045 SH   SOLE   461,045 0 0
ACE LTD SHS COM H0023R105 20,607 202,661 SH   SOLE   202,661 0 0
AGREE REALTY CORP COM COM 008492100 2,020 69,251 SH   SOLE   69,251 0 0
ALASKA AIR GROUP INC COM COM 011659109 364 5,647 SH   SOLE   5,647 0 0
ALEXANDRIA REAL ESTATE EQ INC COM 015271109 19,897 227,495 SH   SOLE   227,495 0 0
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 1,433 77,235 SH   SOLE   77,235 0 0
ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 1,161 39,326 SH   SOLE   39,326 0 0
ALLSTATE CORP COM COM 020002101 22,426 345,714 SH   SOLE   345,714 0 0
AMERICAN EQTY INVT LIFE HLD CO COM 025676206 12,280 455,138 SH   SOLE   367,057 0 88,081
AMERICAN FINL GROUP INC OHIO C COM 025932104 376 5,779 SH   SOLE   5,779 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 1,038 109,255 SH   SOLE   109,255 0 0
ANALOG DEVICES INC COM COM 032654105 23,273 362,586 SH   SOLE   362,586 0 0
ANALOGIC CORP COM PAR $0.05 COM 032657207 12,666 160,527 SH   SOLE   128,337 0 32,190
ARK RESTAURANTS CORP COM COM 040712101 3,382 135,120 SH   SOLE   135,120 0 0
ARTESIAN RESOURCES CORP CL A COM 043113208 1,325 62,844 SH   SOLE   62,844 0 0
ASPEN INSURANCE HOLDINGS LTD S COM G05384105 444 9,269 SH   SOLE   9,269 0 0
ASSOCIATED BANC CORP COM COM 045487105 14,864 733,321 SH   SOLE   575,505 0 157,816
AT&T INC COM COM 00206R102 21,702 610,974 SH   SOLE   610,974 0 0
AVG TECHNOLOGIES N V SHS COM N07831105 17,489 642,746 SH   SOLE   504,243 0 138,503
AVISTA CORP COM COM 05379B107 15,707 512,477 SH   SOLE   402,260 0 110,217
BAKER HUGHES INC COM COM 057224107 15,765 255,516 SH   SOLE   255,516 0 0
BANKFINANCIAL CORP COM COM 06643P104 1,133 96,151 SH   SOLE   96,151 0 0
BARRETT BILL CORP COM COM 06846N104 180 20,980 SH   SOLE   20,980 0 0
BED BATH & BEYOND INC COM COM 075896100 18,874 273,615 SH   SOLE   273,615 0 0
BEST BUY INC COM COM 086516101 1,324 40,595 SH   SOLE   40,595 0 0
BIOMED REALTY TRUST INC COM COM 09063H107 13,862 716,766 SH   SOLE   561,948 0 154,818
BOULDER GROWTH & INCOME FD INC COM 101507101 1,197 141,795 SH   SOLE   141,795 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 13,661 1,028,710 SH   SOLE   806,635 0 222,075
CACI INTL INC CL A COM 127190304 11,118 137,442 SH   SOLE   106,062 0 31,380
CAPITAL BK FINL CORP CL A COM COM 139794101 2,794 96,110 SH   SOLE   75,541 0 20,569
CASCADE BANCORP COM NEW COM 147154207 1,142 220,402 SH   SOLE   220,402 0 0
CASCADE MICROTECH INC COM COM 147322101 1,344 88,292 SH   SOLE   88,292 0 0
CATO CORP NEW CL A COM 149205106 11,498 296,649 SH   SOLE   239,328 0 57,321
CAVCO INDS INC DEL COM COM 149568107 1,375 18,230 SH   SOLE   18,230 0 0
CBIZ INC COM COM 124805102 1,433 148,633 SH   SOLE   148,633 0 0
CHARTER FINL CORP MD COM COM 16122W108 2,420 195,027 SH   SOLE   195,027 0 0
CHASE CORP COM COM 16150R104 1,604 40,354 SH   SOLE   40,354 0 0
CHECK POINT SOFTWARE TECH LTD COM M22465104 26,659 335,124 SH   SOLE   335,124 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 1,242 23,063 SH   SOLE   23,063 0 0
CHICOPEE BANCORP INC COM COM 168565109 1,100 64,334 SH   SOLE   64,334 0 0
CHICOS FAS INC COM COM 168615102 8,439 507,450 SH   SOLE   399,062 0 108,388
CISCO SYS INC COM COM 17275R102 33,684 1,226,662 SH   SOLE   1,226,662 0 0
CIT GROUP INC COM NEW COM 125581801 28,401 610,907 SH   SOLE   610,907 0 0
CLEARWATER PAPER CORP COM COM 18538R103 12,049 210,287 SH   SOLE   166,188 0 44,099
COBIZ FINANCIAL INC COM COM 190897108 1,276 97,613 SH   SOLE   97,613 0 0
COLLECTORS UNIVERSE INC COM NE COM 19421R200 1,681 84,315 SH   SOLE   84,315 0 0
COLONY CAP INC CL A COM 19624R106 13,071 577,092 SH   SOLE   452,627 0 124,465
COMFORT SYS USA INC COM COM 199908104 1,522 66,321 SH   SOLE   66,321 0 0
CONSOLIDATED EDISON INC COM COM 209115104 475 8,213 SH   SOLE   8,213 0 0
CORE MOLDING TECHNOLOGIES INC COM 218683100 1,628 71,290 SH   SOLE   71,290 0 0
COUSINS PPTYS INC COM COM 222795106 9,036 870,525 SH   SOLE   682,404 0 188,121
CRAWFORD & CO CL B COM 224633107 9,777 1,159,766 SH   SOLE   959,672 0 200,094
CROWN CRAFTS INC COM COM 228309100 1,588 198,474 SH   SOLE   198,474 0 0
CULP INC COM COM 230215105 1,571 50,679 SH   SOLE   50,679 0 0
CUTERA INC COM COM 232109108 1,631 105,335 SH   SOLE   105,335 0 0
CYTEC INDS INC COM COM 232820100 13,477 222,654 SH   SOLE   177,408 0 45,246
DIRECTV COM COM 25490A309 23,561 253,918 SH   SOLE   253,918 0 0
DTS INC COM COM 23335C101 1,371 44,974 SH   SOLE   44,974 0 0
DUKE REALTY CORP COM NEW COM 264411505 419 22,538 SH   SOLE   22,538 0 0
EASTMAN CHEM CO COM COM 277432100 23,291 284,659 SH   SOLE   284,659 0 0
EL PASO ELEC CO COM NEW COM 283677854 372 10,742 SH   SOLE   10,742 0 0
EMC INS GROUP INC COM COM 268664109 7,136 284,654 SH   SOLE   284,654 0 0
EMCOR GROUP INC COM COM 29084Q100 13,801 288,896 SH   SOLE   228,246 0 60,650
ENTRAVISION COMMUNICATIONS CP COM 29382R107 22,511 2,735,244 SH   SOLE   2,151,529 0 583,715
EXACTECH INC COM COM 30064E109 1,101 52,864 SH   SOLE   52,864 0 0
FIRST AMERN FINL CORP COM COM 31847R102 11,804 317,224 SH   SOLE   249,008 0 68,216
FIRST CMNTY BANCSHARES INC NEV COM 31983A103 1,169 64,133 SH   SOLE   64,133 0 0
FIRST MIDWEST BANCORP DEL COM COM 320867104 16,329 860,781 SH   SOLE   675,016 0 185,765
FOREST CITY ENTERPRISES INC CL COM 345550107 399 18,032 SH   SOLE   18,032 0 0
FOSTER L B CO COM COM 350060109 16,947 489,650 SH   SOLE   391,441 0 98,209
FULTON FINL CORP PA COM COM 360271100 12,805 980,442 SH   SOLE   769,602 0 210,840
GAMCO INVESTORS INC COM COM 361438104 1,952 28,415 SH   SOLE   21,506 0 6,909
GASTAR EXPL INC NEW COM COM 36729W202 1,661 537,483 SH   SOLE   537,483 0 0
GENERAL MLS INC COM COM 370334104 22,268 399,646 SH   SOLE   399,646 0 0
GENESCO INC COM COM 371532102 10,119 153,254 SH   SOLE   117,838 0 35,416
GLATFELTER COM COM 377316104 18,642 847,740 SH   SOLE   847,740 0 0
GLOBAL BRASS & COPPR HLDGS INC COM 37953G103 16,521 971,265 SH   SOLE   758,868 0 212,397
HALLIBURTON CO COM COM 406216101 25,402 589,781 SH   SOLE   589,781 0 0
HANCOCK HLDG CO COM COM 410120109 14,142 443,190 SH   SOLE   347,732 0 95,458
HERITAGE COMMERCE CORP COM COM 426927109 1,040 108,212 SH   SOLE   108,212 0 0
HERSHA HOSPITALITY TR PR SHS B COM 427825500 14,423 562,509 SH   SOLE   441,247 0 121,262
HESKA CORP COM RESTRC NEW COM 42805E306 1,698 57,183 SH   SOLE   57,183 0 0
HORACE MANN EDUCATORS CORP NEW COM 440327104 9,135 251,111 SH   SOLE   198,174 0 52,937
HYATT HOTELS CORP COM CL A COM 448579102 331 5,842 SH   SOLE   5,842 0 0
ICF INTL INC COM COM 44925C103 2,259 64,799 SH   SOLE   64,799 0 0
ICON PLC SHS COM G4705A100 8,902 132,277 SH   SOLE   102,245 0 30,032
INNOSPEC INC COM COM 45768S105 1,285 28,538 SH   SOLE   28,538 0 0
INTERPUBLIC GROUP COS INC COM COM 460690100 344 17,854 SH   SOLE   17,854 0 0
INVESCO LTD SHS COM G491BT108 30,887 823,879 SH   SOLE   823,879 0 0
IXYS CORP COM COM 46600W106 1,759 114,986 SH   SOLE   114,986 0 0
JPMORGAN CHASE & CO COM COM 46625H100 39,620 584,706 SH   SOLE   584,706 0 0
KAISER ALUMINUM CORP COM PAR $ COM 483007704 12,066 145,235 SH   SOLE   111,665 0 33,570
KENNEDY-WILSON HLDGS INC COM COM 489398107 12,999 528,648 SH   SOLE   415,124 0 113,524
KEYCORP NEW COM COM 493267108 25,525 1,699,398 SH   SOLE   1,699,398 0 0
KINGSTONE COS INC COM COM 496719105 707 93,070 SH   SOLE   93,070 0 0
KIRKLANDS INC COM COM 497498105 13,636 489,256 SH   SOLE   392,137 0 97,119
KITE RLTY GROUP TR COM NEW COM 49803T300 12,433 508,089 SH   SOLE   398,540 0 109,549
KOHLS CORP COM COM 500255104 20,376 325,451 SH   SOLE   325,451 0 0
KORN FERRY INTL COM NEW COM 500643200 17,667 508,110 SH   SOLE   401,657 0 106,453
LEAR CORP COM NEW COM 521865204 494 4,404 SH   SOLE   4,404 0 0
LINCOLN NATL CORP IND COM COM 534187109 27,597 466,005 SH   SOLE   466,005 0 0
LUXFER HLDGS PLC SPONSORED ADR COM 550678106 1,335 102,666 SH   SOLE   102,666 0 0
LYDALL INC DEL COM COM 550819106 1,072 36,256 SH   SOLE   36,256 0 0
MAIDEN HOLDINGS LTD SHS COM G5753U112 2,367 150,000 SH   SOLE   118,500 0 31,500
MAINSOURCE FINANCIAL GP INC CO COM 56062Y102 1,692 77,075 SH   SOLE   77,075 0 0
MANPOWERGROUP INC COM COM 56418H100 24,261 271,442 SH   SOLE   271,442 0 0
MARLIN BUSINESS SVCS CORP COM COM 571157106 1,589 94,125 SH   SOLE   94,125 0 0
MARTEN TRANS LTD COM COM 573075108 1,311 60,424 SH   SOLE   60,424 0 0
MERIT MED SYS INC COM COM 589889104 14,043 651,941 SH   SOLE   511,103 0 140,838
MID-AMER APT CMNTYS INC COM COM 59522J103 13,572 186,399 SH   SOLE   186,399 0 0
MOLINA HEALTHCARE INC COM COM 60855R100 13,145 186,991 SH   SOLE   146,723 0 40,268
MTS SYS CORP COM COM 553777103 1,194 17,324 SH   SOLE   17,324 0 0
MUELLER INDS INC COM COM 624756102 14,681 422,830 SH   SOLE   336,252 0 86,578
NATIONAL BANKSHARES INC VA COM COM 634865109 1,387 47,419 SH   SOLE   47,419 0 0
NATIONAL PENN BANCSHARES INC C COM 637138108 15,057 1,334,813 SH   SOLE   1,047,405 0 287,408
NEENAH PAPER INC COM COM 640079109 1,302 22,079 SH   SOLE   22,079 0 0
NETSCOUT SYS INC COM COM 64115T104 11,411 311,189 SH   SOLE   244,210 0 66,979
NEWSTAR FINANCIAL INC COM COM 65251F105 2,356 214,142 SH   SOLE   214,142 0 0
NN INC COM COM 629337106 940 36,841 SH   SOLE   36,841 0 0
NORTHERN TR CORP COM COM 665859104 319 4,169 SH   SOLE   4,169 0 0
NORTHRIM BANCORP INC COM COM 666762109 1,218 47,509 SH   SOLE   47,509 0 0
NUTRACEUTICAL INTL CORP COM COM 67060Y101 6,403 258,812 SH   SOLE   258,812 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 413 4,208 SH   SOLE   4,208 0 0
OLD DOMINION FGHT LINES INC CO COM 679580100 23,066 336,211 SH   SOLE   282,722 0 53,489
OLD NATL BANCORP IND COM COM 680033107 15,058 1,041,363 SH   SOLE   816,492 0 224,871
ORION ENGINEERED CARBONS S A C COM L72967109 8,303 449,801 SH   SOLE   352,061 0 97,740
PACIFIC CONTINENTAL CORP COM COM 69412V108 1,160 85,749 SH   SOLE   85,749 0 0
PARK STERLING CORP COM COM 70086Y105 2,522 350,227 SH   SOLE   350,227 0 0
PATTERSON UTI ENERGY INC COM COM 703481101 13,960 741,974 SH   SOLE   630,014 0 111,960
PDC ENERGY INC COM COM 69327R101 35,712 665,767 SH   SOLE   616,833 0 48,934
PEGASYSTEMS INC COM COM 705573103 14,378 628,114 SH   SOLE   492,895 0 135,219
PFIZER INC COM COM 717081103 48,598 1,449,390 SH   SOLE   1,449,390 0 0
PHYSICIANS RLTY TR COM COM 71943U104 1,953 127,172 SH   SOLE   127,172 0 0
PIONEER ENERGY SVCS CORP COM COM 723664108 1,225 193,277 SH   SOLE   193,277 0 0
PIPER JAFFRAY COS COM COM 724078100 1,142 26,177 SH   SOLE   26,177 0 0
PNM RES INC COM COM 69349H107 339 13,762 SH   SOLE   13,762 0 0
PORTLAND GEN ELEC CO COM NEW COM 736508847 17,598 530,687 SH   SOLE   423,970 0 106,717
PRECISION DRILLING CORP COM 20 COM 74022D308 9,808 1,459,559 SH   SOLE   1,152,749 0 306,810
PROVIDENT FINL SVCS INC COM COM 74386T105 15,536 818,090 SH   SOLE   638,349 0 179,741
PTC INC COM COM 69370C100 545 13,288 SH   SOLE   13,288 0 0
PTC INC COM COM 69370C100 16,123 393,051 SH   SOLE   307,547 0 85,504
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 25,957 660,811 SH   SOLE   660,811 0 0
RADIAN GROUP INC COM COM 750236101 24,194 1,289,671 SH   SOLE   1,026,423 0 263,248
RAMCO-GERSHENSON PPTYS TR COM COM 751452202 1,926 118,005 SH   SOLE   118,005 0 0
RANGE RES CORP COM COM 75281A109 28,157 570,207 SH   SOLE   570,207 0 0
REGAL BELOIT CORP COM COM 758750103 26,877 370,254 SH   SOLE   370,254 0 0
REGAL ENTMT GROUP CL A COM 758766109 430 20,579 SH   SOLE   20,579 0 0
REGIONS FINL CORP NEW COM COM 7591EP100 23,930 2,309,848 SH   SOLE   2,309,848 0 0
RELIANCE STEEL & ALUMINUM CO C COM 759509102 5,734 94,802 SH   SOLE   94,802 0 0
RESOURCE CAP CORP COM COM 76120W302 1,614 416,944 SH   SOLE   416,944 0 0
REXFORD INDL RLTY INC COM COM 76169C100 2,028 139,124 SH   SOLE   139,124 0 0
RGC RES INC COM COM 74955L103 1,748 87,387 SH   SOLE   87,387 0 0
RING ENERGY INC COM COM 76680V108 124 11,043 SH   SOLE   11,043 0 0
S L INDS INC COM COM 784413106 3,282 85,008 SH   SOLE   85,008 0 0
SANDY SPRING BANCORP INC COM COM 800363103 16,038 573,189 SH   SOLE   451,353 0 121,836
SCHULMAN A INC COM COM 808194104 15,331 350,673 SH   SOLE   277,224 0 73,449
SCRIPPS E W CO OHIO CL A NEW COM 811054402 4,111 179,910 SH   SOLE   179,910 0 0
SERVICEMASTER GLOBAL HLDGS INC COM 81761R109 17,931 495,744 SH   SOLE   391,062 0 104,682
SOUTHWEST BANCORP INC OKLA COM COM 844767103 1,512 81,234 SH   SOLE   81,234 0 0
SP PLUS CORP COM COM 78469C103 1,671 63,986 SH   SOLE   63,986 0 0
ST JUDE MED INC COM COM 790849103 6,606 90,411 SH   SOLE   90,411 0 0
STAGE STORES INC COM NEW COM 85254C305 1,693 96,569 SH   SOLE   96,569 0 0
STANCORP FINL GROUP INC COM COM 852891100 368 4,871 SH   SOLE   4,871 0 0
STATE AUTO FINL CORP COM COM 855707105 1,407 58,744 SH   SOLE   58,744 0 0
STEELCASE INC CL A COM 858155203 13,824 731,024 SH   SOLE   578,558 0 152,466
STEWART INFORMATION SVCS CORP COM 860372101 1,951 49,011 SH   SOLE   49,011 0 0
STRYKER CORP COM COM 863667101 25,728 269,204 SH   SOLE   269,204 0 0
SUN CMNTYS INC COM COM 866674104 14,955 241,867 SH   SOLE   189,671 0 52,196
SUNCOR ENERGY INC NEW COM COM 867224107 18,452 670,496 SH   SOLE   670,496 0 0
SUNTRUST BKS INC COM COM 867914103 25,646 596,130 SH   SOLE   596,130 0 0
SWIFT TRANSN CO CL A COM 87074U101 10,560 465,807 SH   SOLE   357,997 0 107,810
SYNERON MEDICAL LTD ORD SHS COM M87245102 12,155 1,144,504 SH   SOLE   918,512 0 225,992
TERADYNE INC COM COM 880770102 1,518 78,715 SH   SOLE   78,715 0 0
TEXTRON INC COM COM 883203101 369 8,260 SH   SOLE   8,260 0 0
THOR INDS INC COM COM 885160101 36,856 654,867 SH   SOLE   601,701 0 53,166
TIME WARNER INC COM NEW COM 887317303 29,609 338,741 SH   SOLE   338,741 0 0
TOTAL SYS SVCS INC COM COM 891906109 408 9,777 SH   SOLE   9,777 0 0
TOWER INTL INC COM COM 891826109 13,081 502,148 SH   SOLE   391,779 0 110,369
TRANSCAT INC COM COM 893529107 1,300 137,558 SH   SOLE   137,558 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 2,654 146,982 SH   SOLE   146,982 0 0
TRUEBLUE INC COM COM 89785X101 14,099 471,543 SH   SOLE   372,656 0 98,887
U S PHYSICAL THERAPY INC COM COM 90337L108 2,045 37,339 SH   SOLE   37,339 0 0
UFP TECHNOLOGIES INC COM COM 902673102 1,119 53,474 SH   SOLE   53,474 0 0
UNION PAC CORP COM COM 907818108 20,407 213,975 SH   SOLE   213,975 0 0
UNITED FIRE GROUP INC COM COM 910340108 13,575 414,376 SH   SOLE   322,603 0 91,773
UNITED STATES LIME & MINERALS COM 911922102 1,034 17,792 SH   SOLE   17,792 0 0
UNITIL CORP COM COM 913259107 1,769 53,577 SH   SOLE   53,577 0 0
VALSPAR CORP COM COM 920355104 423 5,175 SH   SOLE   5,175 0 0
VCA INC COM COM 918194101 445 8,187 SH   SOLE   8,187 0 0
VECTREN CORP COM COM 92240G101 15,836 411,550 SH   SOLE   322,921 0 88,629
WADDELL & REED FINL INC CL A COM 930059100 1,012 21,382 SH   SOLE   21,382 0 0
WASHINGTON TR BANCORP COM COM 940610108 879 22,253 SH   SOLE   22,253 0 0
WCI CMNTYS INC COM PAR $0.01 COM 92923C807 2,426 99,477 SH   SOLE   99,477 0 0
WEC ENERGY GROUP INC COM COM 92939U106 24,812 551,755 SH   SOLE   551,755 0 0
WEIS MKTS INC COM COM 948849104 13,317 315,953 SH   SOLE   249,613 0 66,340
WESBANCO INC COM COM 950810101 11,192 328,993 SH   SOLE   258,505 0 70,488
YAHOO INC COM COM 984332106 1,186 30,190 SH   SOLE   30,190 0 0