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
ABBOTT LABS COM COM 002824100 16,558 340,629 SH   SOLE   273,809 0 66,820
ABM INDS INC COM COM 000957100 12,234 294,659 SH   SOLE   142,957 0 151,702
AGCO CORP COM COM 001084102 12,178 180,707 SH   SOLE   146,346 0 34,361
AGREE REALTY CORP COM COM 008492100 1,373 29,935 SH   SOLE   28,557 0 1,378
ALLSCRIPTS HEALTHCARE SOLUTNS COM 01988P108 1,276 100,000 SH   SOLE   48,250 0 51,750
ALMOST FAMILY INC COM COM 020409108 2,581 41,867 SH   SOLE   39,962 0 1,905
AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 27,225 2,259,340 SH   SOLE   1,470,704 0 788,636
AMERICAN SOFTWARE INC CL A COM 029683109 1,853 180,066 SH   SOLE   171,752 0 8,314
ANALOG DEVICES INC COM COM 032654105 14,298 183,778 SH   SOLE   150,798 0 32,980
ARI NETWORK SVCS INC COM NEW COM 001930205 2,041 289,478 SH   SOLE   276,318 0 13,160
ARK RESTAURANTS CORP COM COM 040712101 5,012 206,666 SH   SOLE   201,005 0 5,661
ARTESIAN RESOURCES CORP CL A COM 043113208 2,820 74,911 SH   SOLE   71,439 0 3,472
ASPEN INSURANCE HOLDINGS LTD S COM G05384105 411 8,249 SH   SOLE   8,249 0 0
ASSOCIATED BANC CORP COM COM 045487105 20,372 808,428 SH   SOLE   397,225 0 411,203
ATKORE INTL GROUP INC COM COM 047649108 11,672 517,587 SH   SOLE   252,118 0 265,469
BANKFINANCIAL CORP COM COM 06643P104 1,500 100,566 SH   SOLE   95,515 0 5,051
BEST BUY INC COM COM 086516101 216 3,763 SH   SOLE   3,763 0 0
BIGLARI HLDGS INC COM COM 08986R101 3,210 8,029 SH   SOLE   7,802 0 227
BOULDER GROWTH & INCOME FD INC COM 101507101 2,029 208,982 SH   SOLE   208,982 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 28,598 1,631,358 SH   SOLE   797,574 0 833,784
BRIXMOR PPTY GROUP INC COM COM 11120U105 258 14,422 SH   SOLE   14,422 0 0
BROOKDALE SR LIVING INC COM COM 112463104 21,552 1,465,108 SH   SOLE   1,286,887 0 178,221
CABOT OIL & GAS CORP COM COM 127097103 15,016 598,736 SH   SOLE   488,998 0 109,738
CAPITAL BK FINL CORP CL A COM COM 139794101 13,387 351,372 SH   SOLE   171,528 0 179,844
CATCHMARK TIMBER TR INC CL A COM 14912Y202 3,488 306,802 SH   SOLE   292,518 0 14,284
CAVCO INDS INC DEL COM COM 149568107 1,528 11,785 SH   SOLE   11,237 0 548
CBIZ INC COM COM 124805102 1,968 131,193 SH   SOLE   125,085 0 6,108
CHECK POINT SOFTWARE TECH LTD COM M22465104 17,215 157,823 SH   SOLE   129,388 0 28,435
CISCO SYS INC COM COM 17275R102 21,420 684,341 SH   SOLE   593,602 0 90,739
CIT GROUP INC COM NEW COM 125581801 13,703 281,378 SH   SOLE   227,985 0 53,393
CITIZENS FINL GROUP INC COM COM 174610105 439 12,311 SH   SOLE   12,311 0 0
CITY OFFICE REIT INC COM COM 178587101 2,838 223,455 SH   SOLE   213,291 0 10,164
CNO FINL GROUP INC COM COM 12621E103 13,421 642,747 SH   SOLE   316,473 0 326,274
COBIZ FINANCIAL INC COM COM 190897108 1,259 72,357 SH   SOLE   68,736 0 3,621
COLLECTORS UNIVERSE INC COM NE COM 19421R200 1,463 58,874 SH   SOLE   56,190 0 2,684
COLONY NORTHSTAR INC CL A COM COM 19625W104 20,312 1,441,609 SH   SOLE   700,476 0 741,133
COMMUNITY TR BANCORP INC COM COM 204149108 19,474 445,111 SH   SOLE   218,233 0 226,878
CONSOLIDATED EDISON INC COM COM 209115104 363 4,486 SH   SOLE   4,486 0 0
CONTINENTAL BLDG PRODS INC COM COM 211171103 17,147 735,907 SH   SOLE   405,938 0 329,969
COOPER TIRE & RUBR CO COM COM 216831107 13,749 380,868 SH   SOLE   204,207 0 176,661
CORE MOLDING TECHNOLOGIES INC COM 218683100 2,453 113,509 SH   SOLE   108,253 0 5,256
COUSINS PPTYS INC COM COM 222795106 15,299 1,740,464 SH   SOLE   863,434 0 877,030
CUTERA INC COM COM 232109108 4,747 183,268 SH   SOLE   177,571 0 5,697
DEAN FOODS CO NEW COM NEW COM 242370203 12,900 758,846 SH   SOLE   373,530 0 385,316
DECKERS OUTDOOR CORP COM COM 243537107 13,554 198,563 SH   SOLE   105,502 0 93,061
DICKS SPORTING GOODS INC COM COM 253393102 18,095 454,309 SH   SOLE   285,057 0 169,252
DRIL-QUIP INC COM COM 262037104 21,714 444,949 SH   SOLE   283,188 0 161,761
EASTMAN CHEM CO COM COM 277432100 20,208 240,602 SH   SOLE   212,024 0 28,578
EDGEWELL PERS CARE CO COM COM 28035Q102 11,477 150,969 SH   SOLE   121,288 0 29,681
EDISON INTL COM COM 281020107 11,244 143,805 SH   SOLE   115,632 0 28,173
EL PASO ELEC CO COM NEW COM 283677854 20,143 389,610 SH   SOLE   208,305 0 181,305
EMC INS GROUP INC COM COM 268664109 2,363 85,045 SH   SOLE   81,173 0 3,872
EMCOR GROUP INC COM COM 29084Q100 16,006 244,811 SH   SOLE   119,251 0 125,560
EMPLOYERS HOLDINGS INC COM COM 292218104 26,183 618,992 SH   SOLE   344,516 0 274,476
ENERPLUS CORP COM COM 292766102 891 109,713 SH   SOLE   109,713 0 0
FELCOR LODGING TR INC COM COM 31430F101 3,350 464,670 SH   SOLE   443,322 0 21,348
FIRST BANCORP N C COM COM 318910106 2,193 70,154 SH   SOLE   66,648 0 3,506
FIRST CMNTY BANCSHARES INC NEV COM 31983A103 2,109 77,099 SH   SOLE   73,515 0 3,584
FIRST MIDWEST BANCORP DEL COM COM 320867104 19,149 821,497 SH   SOLE   403,778 0 417,719
FLY LEASING LTD SPONSORED ADR COM 34407D109 2,141 159,183 SH   SOLE   151,769 0 7,414
FORTRESS TRANS INFRST INVS LLC COM 34960P101 1,308 82,083 SH   SOLE   82,083 0 0
FORWARD AIR CORP COM COM 349853101 16,164 303,370 SH   SOLE   147,683 0 155,687
FRANCESCAS HLDGS CORP COM COM 351793104 3,176 290,333 SH   SOLE   281,801 0 8,532
FULTON FINL CORP PA COM COM 360271100 21,962 1,155,900 SH   SOLE   571,120 0 584,780
GAMESTOP CORP NEW CL A COM 36467W109 9,695 448,654 SH   SOLE   220,567 0 228,087
GLOBAL BRASS & COPPR HLDGS INC COM 37953G103 16,352 535,247 SH   SOLE   301,095 0 234,152
GRAPHIC PACKAGING HLDG CO COM COM 388689101 1,930 140,052 SH   SOLE   140,052 0 0
GREENBRIER COS INC COM COM 393657101 16,001 345,972 SH   SOLE   181,284 0 164,688
GREENHILL & CO INC COM COM 395259104 15,688 780,490 SH   SOLE   419,571 0 360,919
HANCOCK HLDG CO COM COM 410120109 21,963 448,234 SH   SOLE   220,106 0 228,128
HANDY & HARMAN LTD COM COM 410315105 4,349 138,488 SH   SOLE   134,720 0 3,768
HERSHA HOSPITALITY TR PR SHS B COM 427825500 18,017 973,383 SH   SOLE   472,896 0 500,487
HNI CORP COM COM 404251100 16,818 421,823 SH   SOLE   219,328 0 202,495
HOMETRUST BANCSHARES INC COM COM 437872104 1,531 62,742 SH   SOLE   59,599 0 3,143
HORACE MANN EDUCATORS CORP NEW COM 440327104 16,479 435,964 SH   SOLE   214,093 0 221,871
HOST HOTELS & RESORTS INC COM COM 44107P104 237 12,976 SH   SOLE   12,976 0 0
HURCO COMPANIES INC COM COM 447324104 3,095 89,051 SH   SOLE   86,622 0 2,429
HUTTIG BLDG PRODS INC COM COM 448451104 2,056 293,272 SH   SOLE   279,937 0 13,335
INNOPHOS HOLDINGS INC COM COM 45774N108 1,742 39,726 SH   SOLE   37,874 0 1,852
INTERPUBLIC GROUP COS INC COM COM 460690100 8,529 346,721 SH   SOLE   342,730 0 3,991
INVESCO LTD SHS COM G491BT108 21,959 624,014 SH   SOLE   548,028 0 75,986
INVITATION HOMES INC COM COM 46187W107 5,021 232,128 SH   SOLE   187,677 0 44,451
IPG PHOTONICS CORP COM COM 44980X109 28,477 196,256 SH   SOLE   96,521 0 99,735
JOHNSON OUTDOORS INC CL A COM 479167108 1,524 31,622 SH   SOLE   30,185 0 1,437
JPMORGAN CHASE & CO COM COM 46625H100 18,521 202,632 SH   SOLE   162,501 0 40,131
KAISER ALUMINUM CORP COM PAR $ COM 483007704 15,796 178,446 SH   SOLE   93,949 0 84,497
KENNEDY-WILSON HLDGS INC COM COM 489398107 24,163 1,268,387 SH   SOLE   660,917 0 607,470
KIMBALL ELECTRONICS INC COM COM 49428J109 1,683 93,261 SH   SOLE   89,013 0 4,248
KITE RLTY GROUP TR COM NEW COM 49803T300 14,890 786,596 SH   SOLE   385,640 0 400,956
KULICKE & SOFFA INDS INC COM COM 501242101 2,136 112,315 SH   SOLE   107,125 0 5,190
LHC GROUP INC COM COM 50187A107 3,223 47,477 SH   SOLE   46,076 0 1,401
LIBERTY PPTY TR SH BEN INT COM 531172104 8,500 208,800 SH   SOLE   164,609 0 44,191
MAINSOURCE FINANCIAL GP INC CO COM 56062Y102 2,559 76,376 SH   SOLE   72,533 0 3,843
MARCUS CORP COM COM 566330106 2,024 67,016 SH   SOLE   63,923 0 3,093
MARLIN BUSINESS SVCS CORP COM COM 571157106 2,485 98,799 SH   SOLE   94,235 0 4,564
MARTEN TRANS LTD COM COM 573075108 2,722 99,349 SH   SOLE   94,920 0 4,429
MERIT MED SYS INC COM COM 589889104 18,619 488,056 SH   SOLE   239,712 0 248,344
METLIFE INC COM COM 59156R108 22,807 415,122 SH   SOLE   363,977 0 51,145
MUELLER INDS INC COM COM 624756102 16,898 554,931 SH   SOLE   274,085 0 280,846
NATIONAL BANKSHARES INC VA COM COM 634865109 2,002 49,078 SH   SOLE   46,659 0 2,419
NATIONAL OILWELL VARCO INC COM COM 637071101 13,010 394,969 SH   SOLE   322,575 0 72,394
NAUTILUS INC COM COM 63910B102 1,759 91,877 SH   SOLE   87,696 0 4,181
NAVIGANT CONSULTING INC COM COM 63935N107 15,509 784,881 SH   SOLE   381,493 0 403,388
NCI INC CL A COM 62886K104 1,893 89,731 SH   SOLE   85,561 0 4,170
NEENAH PAPER INC COM COM 640079109 2,025 25,230 SH   SOLE   24,063 0 1,167
NETSCOUT SYS INC COM COM 64115T104 20,028 582,214 SH   SOLE   286,519 0 295,695
NEWPARK RES INC COM PAR $.01NE COM 651718504 2,527 343,847 SH   SOLE   327,592 0 16,255
NORTHERN TR CORP COM COM 665859104 571 5,875 SH   SOLE   5,875 0 0
NORTHRIM BANCORP INC COM COM 666762109 1,594 52,445 SH   SOLE   50,059 0 2,386
NUTRACEUTICAL INTL CORP COM COM 67060Y101 6,855 164,597 SH   SOLE   100,244 0 64,353
NXP SEMICONDUCTORS N V COM COM N6596X109 1,871 17,095 SH   SOLE   17,095 0 0
OLD DOMINION FGHT LINES INC CO COM 679580100 18,580 195,087 SH   SOLE   97,521 0 97,566
OLD NATL BANCORP IND COM COM 680033107 21,219 1,230,108 SH   SOLE   605,221 0 624,887
OMNICOM GROUP INC COM COM 681919106 11,358 137,003 SH   SOLE   110,090 0 26,913
ON ASSIGNMENT INC COM COM 682159108 12,223 225,727 SH   SOLE   109,447 0 116,280
ORION ENGINEERED CARBONS S A C COM L72967109 17,937 899,074 SH   SOLE   512,419 0 386,655
OWENS CORNING NEW COM COM 690742101 12,888 192,591 SH   SOLE   154,609 0 37,982
PACIFIC CONTINENTAL CORP COM COM 69412V108 1,298 50,816 SH   SOLE   48,259 0 2,557
PAREXEL INTL CORP COM COM 699462107 19,481 224,149 SH   SOLE   142,915 0 81,234
PARK STERLING CORP COM COM 70086Y105 2,009 169,143 SH   SOLE   161,327 0 7,816
PATTERSON UTI ENERGY INC COM COM 703481101 285 14,098 SH   SOLE   14,098 0 0
PNC FINL SVCS GROUP INC COM COM 693475105 14,919 119,475 SH   SOLE   98,108 0 21,367
PNM RES INC COM COM 69349H107 401 10,495 SH   SOLE   10,495 0 0
POLYONE CORP COM COM 73179P106 15,469 399,301 SH   SOLE   193,754 0 205,547
PORTLAND GEN ELEC CO COM NEW COM 736508847 14,052 307,542 SH   SOLE   144,482 0 163,060
PRECISION DRILLING CORP COM 20 COM 74022D308 19,635 5,758,072 SH   SOLE   3,628,677 0 2,129,395
PREFORMED LINE PRODS CO COM COM 740444104 3,814 82,160 SH   SOLE   80,130 0 2,030
PROVIDENT FINL SVCS INC COM COM 74386T105 20,039 789,558 SH   SOLE   388,326 0 401,232
PRUDENTIAL FINL INC COM COM 744320102 26,210 242,367 SH   SOLE   210,054 0 32,313
PTC INC COM COM 69370C100 8,460 153,480 SH   SOLE   75,549 0 77,931
QEP RES INC COM COM 74733V100 9,448 935,461 SH   SOLE   755,861 0 179,600
QUANTA SVCS INC COM COM 74762E102 20,268 615,660 SH   SOLE   319,800 0 295,860
RADIAN GROUP INC COM COM 750236101 23,200 1,418,952 SH   SOLE   697,014 0 721,938
RAMCO-GERSHENSON PPTYS TR COM COM 751452202 2,913 225,836 SH   SOLE   215,370 0 10,466
REGAL BELOIT CORP COM COM 758750103 13,917 170,662 SH   SOLE   141,503 0 29,159
REGAL ENTMT GROUP CL A COM 758766109 404 19,763 SH   SOLE   19,763 0 0
REGIONS FINL CORP NEW COM COM 7591EP100 10,716 731,961 SH   SOLE   588,197 0 143,764
RELIANCE STEEL & ALUMINUM CO C COM 759509102 278 3,814 SH   SOLE   3,814 0 0
RENAISSANCERE HOLDINGS LTD COM COM G7496G103 15,876 114,175 SH   SOLE   94,903 0 19,272
RGC RES INC COM COM 74955L103 3,962 139,868 SH   SOLE   133,399 0 6,469
RICE ENERGY INC COM COM 762760106 16,348 613,901 SH   SOLE   298,299 0 315,602
RING ENERGY INC COM COM 76680V108 2,185 168,086 SH   SOLE   159,564 0 8,522
RUDOLPH TECHNOLOGIES INC COM COM 781270103 1,802 78,854 SH   SOLE   75,210 0 3,644
SANDY SPRING BANCORP INC COM COM 800363103 24,573 604,344 SH   SOLE   318,689 0 285,655
SELECT COMFORT CORP COM COM 81616X103 20,462 576,557 SH   SOLE   283,538 0 293,019
SELECT SECTOR SPDR TR SBI INT- COM 81369Y605 1,444 58,552 SH   SOLE   58,552 0 0
SERVICEMASTER GLOBAL HLDGS INC COM 81761R109 21,064 537,480 SH   SOLE   264,493 0 272,987
SMITH & NEPHEW PLC SPDN ADR NE COM 83175M205 17,344 497,676 SH   SOLE   408,670 0 89,006
SOUTHWEST BANCORP INC OKLA COM COM 844767103 2,252 88,145 SH   SOLE   84,264 0 3,881
SP PLUS CORP COM COM 78469C103 2,359 77,217 SH   SOLE   73,706 0 3,511
STEEL PARTNERS HLDGS L P LTD P COM 85814R107 1,763 94,809 SH   SOLE   94,809 0 0
STERLING CONSTRUCTION CO INC C COM 859241101 4,524 346,173 SH   SOLE   334,982 0 11,191
SUNCOR ENERGY INC NEW COM COM 867224107 10,929 374,286 SH   SOLE   303,765 0 70,521
SUNTRUST BKS INC COM COM 867914103 14,018 247,139 SH   SOLE   200,234 0 46,905
SYNERON MEDICAL LTD ORD SHS COM M87245102 9,633 879,740 SH   SOLE   457,257 0 422,483
TERADYNE INC COM COM 880770102 19,931 663,705 SH   SOLE   357,210 0 306,495
TESCO CORP COM COM 88157K101 1,503 337,641 SH   SOLE   322,253 0 15,388
THOR INDS INC COM COM 885160101 10,927 104,548 SH   SOLE   83,894 0 20,654
TOTAL SYS SVCS INC COM COM 891906109 320 5,501 SH   SOLE   5,501 0 0
TRANSCAT INC COM COM 893529107 3,965 326,362 SH   SOLE   316,049 0 10,313
TTM TECHNOLOGIES INC COM COM 87305R109 15,548 895,639 SH   SOLE   440,690 0 454,949
TWENTY FIRST CENTY FOX INC CL COM 90130A200 19,572 702,255 SH   SOLE   618,647 0 83,608
TYSON FOODS INC CL A COM 902494103 450 7,178 SH   SOLE   7,178 0 0
UNION PAC CORP COM COM 907818108 11,728 107,684 SH   SOLE   86,434 0 21,250
UNITED STATES LIME & MINERALS COM 911922102 1,996 25,431 SH   SOLE   24,289 0 1,142
VCA INC COM COM 918194101 306 3,310 SH   SOLE   3,310 0 0
VECTREN CORP COM COM 92240G101 17,250 295,176 SH   SOLE   138,630 0 156,546
VIRTUS INVT PARTNERS INC COM COM 92828Q109 1,173 10,574 SH   SOLE   10,574 0 0
WASHINGTON PRIME GROUP NEW COM COM 93964W108 841 100,437 SH   SOLE   100,437 0 0
WEIS MKTS INC COM COM 948849104 11,784 241,881 SH   SOLE   119,407 0 122,474
WESBANCO INC COM COM 950810101 10,941 276,707 SH   SOLE   135,979 0 140,728
WESTERN NEW ENG BANCORP INC CO COM 958892101 1,761 173,518 SH   SOLE   164,845 0 8,673
WHIRLPOOL CORP COM COM 963320106 457 2,385 SH   SOLE   2,385 0 0
WPX ENERGY INC COM COM 98212B103 10,744 1,112,207 SH   SOLE   608,278 0 503,929
XCEL ENERGY INC COM COM 98389B100 12,505 272,563 SH   SOLE   220,728 0 51,835