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 3,494 48,304 SH   SOLE   27,652 0 20,652
AGCO CORP COM COM 001084102 2,826 50,757 SH   SOLE   34,169 0 16,588
ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 1,395 51,070 SH   SOLE   51,070 0 0
ALLSCRIPTS HEALTHCARE SOLUTNS COM 01988P108 23,811 2,469,973 SH   SOLE   1,142,345 0 1,327,628
ALLSTATE CORP COM COM 020002101 8,524 103,157 SH   SOLE   90,043 0 13,114
AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 30,962 1,601,769 SH   SOLE   916,340 0 685,429
AMERICAN SOFTWARE INC CL A COM 029683109 2,934 280,739 SH   SOLE   249,828 0 30,911
ANALOG DEVICES INC COM COM 032654105 2,808 32,718 SH   SOLE   20,850 0 11,868
ARK RESTAURANTS CORP COM COM 040712101 5,064 275,798 SH   SOLE   250,009 0 25,789
ARTESIAN RESOURCES CORP CL A COM 043113208 3,200 91,775 SH   SOLE   81,775 0 10,000
ASGN INC COM COM 00191U102 18,217 334,252 SH   SOLE   148,268 0 185,984
ASSOCIATED BANC CORP COM COM 045487105 18,281 923,738 SH   SOLE   409,643 0 514,095
ATKORE INTL GROUP INC COM COM 047649108 12,938 652,102 SH   SOLE   299,436 0 352,666
BANKFINANCIAL CORP COM COM 06643P104 2,463 164,751 SH   SOLE   146,784 0 17,967
BOULDER GROWTH & INCOME FD INC COM 101507101 2,016 193,243 SH   SOLE   193,243 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 23,510 1,826,767 SH   SOLE   812,589 0 1,014,178
BROOKDALE SR LIVING INC COM COM 112463104 1,585 236,554 SH   SOLE   151,138 0 85,416
C&J ENERGY SVCS INC NEW COM COM 12674R100 12,028 890,976 SH   SOLE   381,093 0 509,883
CABLE ONE INC COM COM 12685J105 20,513 25,013 SH   SOLE   11,099 0 13,914
CABOT OIL & GAS CORP COM COM 127097103 1,841 82,389 SH   SOLE   48,133 0 34,256
CALERES INC COM COM 129500104 15,981 574,238 SH   SOLE   254,471 0 319,767
CAPITAL CITY BK GROUP INC COM COM 139674105 2,230 96,074 SH   SOLE   85,620 0 10,454
CATCHMARK TIMBER TR INC CL A COM 14912Y202 4,296 605,128 SH   SOLE   539,651 0 65,477
CBIZ INC COM COM 124805102 4,484 227,633 SH   SOLE   202,647 0 24,986
CENTRAL VALLEY CMNTY BANCORP C COM 155685100 2,889 153,121 SH   SOLE   136,266 0 16,855
CIENA CORP COM NEW COM 171779309 23,835 702,879 SH   SOLE   312,103 0 390,776
CISCO SYS INC COM COM 17275R102 8,514 196,481 SH   SOLE   175,814 0 20,667
CIT GROUP INC COM NEW COM 125581801 1,397 36,495 SH   SOLE   15,411 0 21,084
CITIZENS FINL GROUP INC COM COM 174610105 6,579 221,275 SH   SOLE   218,615 0 2,660
CITY OFFICE REIT INC COM COM 178587101 5,057 493,402 SH   SOLE   438,062 0 55,340
CNO FINL GROUP INC COM COM 12621E103 13,459 904,480 SH   SOLE   401,280 0 503,200
CNX RESOURCES CORPORATION COM COM 12653C108 11,199 980,662 SH   SOLE   422,046 0 558,616
COLLECTORS UNIVERSE INC COM NE COM 19421R200 1,489 131,051 SH   SOLE   116,651 0 14,400
COMMERCIAL VEH GROUP INC COM COM 202608105 2,364 414,731 SH   SOLE   369,261 0 45,470
COMMUNITY TR BANCORP INC COM COM 204149108 22,958 579,612 SH   SOLE   287,354 0 292,258
COMPUTER PROGRAMS & SYS INC CO COM 205306103 3,480 138,633 SH   SOLE   123,926 0 14,707
CONTINENTAL BLDG PRODS INC COM COM 211171103 17,247 677,692 SH   SOLE   347,707 0 329,985
COUSINS PPTYS INC COM COM 222795106 22,922 2,901,518 SH   SOLE   1,292,716 0 1,608,802
CSX CORP COM COM 126408103 2,416 38,885 SH   SOLE   25,235 0 13,650
DRIL-QUIP INC COM COM 262037104 9,459 314,992 SH   SOLE   136,800 0 178,192
DUCOMMUN INC DEL COM COM 264147109 4,726 130,113 SH   SOLE   115,919 0 14,194
EAGLE MATERIALS INC COM COM 26969P108 1,037 16,986 SH   SOLE   7,030 0 9,956
EASTMAN CHEM CO COM COM 277432100 2,174 29,736 SH   SOLE   19,765 0 9,971
EL PASO ELEC CO COM NEW COM 283677854 22,763 454,079 SH   SOLE   212,282 0 241,797
EMC INS GROUP INC COM COM 268664109 6,398 200,887 SH   SOLE   178,983 0 21,904
EMPLOYERS HOLDINGS INC COM COM 292218104 5,059 120,533 SH   SOLE   107,321 0 13,212
ENCOMPASS HEALTH CORP COM COM 29261A100 7,477 121,184 SH   SOLE   100,660 0 20,524
ENSIGN GROUP INC COM COM 29358P101 18,147 467,835 SH   SOLE   207,926 0 259,909
FBL FINL GROUP INC CL A COM 30239F106 16,506 251,430 SH   SOLE   111,523 0 139,907
FIRST BANCORP N C COM COM 318910106 2,896 88,664 SH   SOLE   78,983 0 9,681
FIRST CMNTY BANKSHARES INC NEV COM 31983A103 4,538 144,166 SH   SOLE   128,473 0 15,693
FIRST HORIZON NATL CORP COM COM 320517105 19,751 1,500,812 SH   SOLE   705,990 0 794,822
FLY LEASING LTD SPONSORED ADR COM 34407D109 2,719 257,524 SH   SOLE   226,952 0 30,572
FORTRESS TRANS INFRST INVS LLC COM 34960P101 1,088 75,901 SH   SOLE   75,901 0 0
FORWARD AIR CORP COM COM 349853101 23,247 423,826 SH   SOLE   185,196 0 238,630
FOUNDATION BLDG MATLS INC COM COM 350392106 4,623 556,346 SH   SOLE   505,424 0 50,922
FULTON FINL CORP PA COM COM 360271100 19,373 1,251,493 SH   SOLE   558,582 0 692,911
GAP INC DEL COM COM 364760108 1,500 58,223 SH   SOLE   24,098 0 34,125
GIBRALTAR INDS INC COM COM 374689107 20,938 588,323 SH   SOLE   257,126 0 331,197
GLOBAL BRASS & COPPR HLDGS INC COM 37953G103 11,908 473,494 SH   SOLE   242,815 0 230,679
GRAY TELEVISION INC COM COM 389375106 1,541 104,538 SH   SOLE   93,117 0 11,421
GREENBRIER COS INC COM COM 393657101 28,464 719,877 SH   SOLE   411,207 0 308,670
GREENHILL & CO INC COM COM 395259104 21,771 892,247 SH   SOLE   469,848 0 422,399
HANCOCK WHITNEY CORPORATION CO COM 410120109 13,422 387,361 SH   SOLE   171,916 0 215,445
HERSHA HOSPITALITY TR PR SHS B COM 427825500 26,950 1,536,516 SH   SOLE   792,057 0 744,459
HOMETRUST BANCSHARES INC COM COM 437872104 3,319 126,795 SH   SOLE   112,989 0 13,806
HORACE MANN EDUCATORS CORP NEW COM 440327104 17,687 472,277 SH   SOLE   209,805 0 262,472
HOWARD HUGHES CORP COM COM 44267D107 1,028 10,531 SH   SOLE   4,847 0 5,684
HURCO COMPANIES INC COM COM 447324104 3,441 96,398 SH   SOLE   88,260 0 8,138
INDEPENDENCE RLTY TR INC COM COM 45378A106 3,857 420,168 SH   SOLE   374,623 0 45,545
INNOPHOS HOLDINGS INC COM COM 45774N108 2,328 94,904 SH   SOLE   84,496 0 10,408
ISTAR INC COM COM 45031U101 4,348 474,122 SH   SOLE   423,008 0 51,114
JPMORGAN CHASE & CO COM COM 46625H100 2,506 25,666 SH   SOLE   9,895 0 15,771
KAISER ALUMINUM CORP COM PAR $ COM 483007704 17,504 196,032 SH   SOLE   91,709 0 104,323
KENNAMETAL INC COM COM 489170100 11,547 346,951 SH   SOLE   167,888 0 179,063
KENNEDY-WILSON HLDGS INC COM COM 489398107 21,871 1,203,674 SH   SOLE   562,566 0 641,108
KIMBALL ELECTRONICS INC COM COM 49428J109 2,821 182,144 SH   SOLE   162,322 0 19,822
KITE RLTY GROUP TR COM NEW COM 49803T300 10,130 718,958 SH   SOLE   332,010 0 386,948
KOHLS CORP COM COM 500255104 2,211 33,329 SH   SOLE   22,548 0 10,781
KULICKE & SOFFA INDS INC COM COM 501242101 3,724 183,706 SH   SOLE   163,489 0 20,217
LIBERTY PPTY TR SH BEN INT COM 531172104 1,342 32,049 SH   SOLE   14,566 0 17,483
LYON WILLIAM HOMES CL A NEW COM 552074700 4,398 411,439 SH   SOLE   366,831 0 44,608
MARATHON OIL CORP COM COM 565849106 1,893 132,019 SH   SOLE   78,021 0 53,998
MARCUS CORP COM COM 566330106 5,010 126,824 SH   SOLE   112,937 0 13,887
MARTEN TRANS LTD COM COM 573075108 4,314 266,472 SH   SOLE   237,445 0 29,027
MASCO CORP COM COM 574599106 1,196 40,912 SH   SOLE   17,391 0 23,521
MASTERCRAFT BOAT HLDGS INC COM COM 57637H103 4,610 246,543 SH   SOLE   224,096 0 22,447
MICRON TECHNOLOGY INC COM COM 595112103 1,572 49,554 SH   SOLE   32,172 0 17,382
MOOG INC CL A COM 615394202 28,286 365,072 SH   SOLE   215,757 0 149,315
MOVADO GROUP INC COM COM 624580106 1,731 54,759 SH   SOLE   48,761 0 5,998
MUELLER INDS INC COM COM 624756102 9,536 408,199 SH   SOLE   178,658 0 229,541
NATIONAL BANKSHARES INC VA COM COM 634865109 3,083 84,627 SH   SOLE   75,451 0 9,176
NATIONAL OILWELL VARCO INC COM COM 637071101 921 35,846 SH   SOLE   15,387 0 20,459
NEENAH INC COM COM 640079109 2,460 41,750 SH   SOLE   37,215 0 4,535
NEWPARK RES INC COM PAR $.01NE COM 651718504 4,365 635,385 SH   SOLE   565,699 0 69,686
NEXSTAR MEDIA GROUP INC CL A COM 65336K103 28,594 363,602 SH   SOLE   210,327 0 153,275
NINE ENERGY SVC INC COM COM 65441V101 2,850 126,455 SH   SOLE   112,580 0 13,875
NORTHRIM BANCORP INC COM COM 666762109 2,847 86,601 SH   SOLE   77,174 0 9,427
NORTHWESTERN CORP COM NEW COM 668074305 20,539 345,537 SH   SOLE   147,822 0 197,715
OLD NATL BANCORP IND COM COM 680033107 14,500 941,545 SH   SOLE   417,798 0 523,747
ORION ENGINEERED CARBONS S A C COM L72967109 29,703 1,174,945 SH   SOLE   635,932 0 539,013
PATTERSON UTI ENERGY INC COM COM 703481101 961 92,875 SH   SOLE   38,492 0 54,383
PNC FINL SVCS GROUP INC COM COM 693475105 1,453 12,426 SH   SOLE   5,146 0 7,280
POLYONE CORP COM COM 73179P106 15,964 558,184 SH   SOLE   243,697 0 314,487
PORTLAND GEN ELEC CO COM NEW COM 736508847 20,960 457,152 SH   SOLE   195,667 0 261,485
PREFORMED LINE PRODS CO COM COM 740444104 4,326 79,749 SH   SOLE   72,883 0 6,866
PRESTIGE CONSMR HEALTHCARE INC COM 74112D101 13,427 434,802 SH   SOLE   193,194 0 241,608
PROCTER AND GAMBLE CO COM COM 742718109 2,138 23,258 SH   SOLE   9,624 0 13,634
PROVIDENT FINL SVCS INC COM COM 74386T105 22,909 949,411 SH   SOLE   421,689 0 527,722
PRUDENTIAL FINL INC COM COM 744320102 8,857 108,611 SH   SOLE   97,115 0 11,496
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 2,793 53,662 SH   SOLE   37,421 0 16,241
QUANTA SVCS INC COM COM 74762E102 23,766 789,560 SH   SOLE   347,255 0 442,305
RADIAN GROUP INC COM COM 750236101 19,285 1,178,764 SH   SOLE   524,675 0 654,089
RADNET INC COM COM 750491102 3,359 330,250 SH   SOLE   301,246 0 29,004
RAMBUS INC DEL COM COM 750917106 11,152 1,454,039 SH   SOLE   645,097 0 808,942
REGAL BELOIT CORP COM COM 758750103 2,315 33,054 SH   SOLE   21,286 0 11,768
REGIONS FINL CORP NEW COM COM 7591EP100 1,298 97,021 SH   SOLE   40,131 0 56,890
RGC RES INC COM COM 74955L103 3,945 131,660 SH   SOLE   117,313 0 14,347
ROCKY BRANDS INC COM COM 774515100 3,721 143,101 SH   SOLE   130,768 0 12,333
RUDOLPH TECHNOLOGIES INC COM COM 781270103 2,906 141,979 SH   SOLE   126,554 0 15,425
SANDY SPRING BANCORP INC COM COM 800363103 23,042 735,241 SH   SOLE   389,683 0 345,558
SERVICEMASTER GLOBAL HLDGS INC COM 81761R109 20,551 559,356 SH   SOLE   248,402 0 310,954
SLEEP NUMBER CORP COM COM 83125X103 20,219 637,211 SH   SOLE   282,738 0 354,473
SMITH & NEPHEW PLC SPDN ADR NE COM 83175M205 3,213 85,966 SH   SOLE   50,739 0 35,227
SMUCKER J M CO COM NEW COM 832696405 1,376 14,720 SH   SOLE   6,098 0 8,622
SOUTH ST CORP COM COM 840441109 2,962 49,400 SH   SOLE   43,985 0 5,415
SP PLUS CORP COM COM 78469C103 4,689 158,726 SH   SOLE   141,336 0 17,390
STAG INDL INC COM COM 85254J102 19,311 776,168 SH   SOLE   346,005 0 430,163
STEEL PARTNERS HLDGS L P LTD P COM 85814R107 1,584 118,185 SH   SOLE   118,185 0 0
STEEL PARTNERS HLDGS L P PFD S COM 85814R206 4,762 224,389 SH   SOLE   206,847 0 17,542
STERLING CONSTRUCTION CO INC C COM 859241101 4,737 434,957 SH   SOLE   387,588 0 47,369
SUNCOR ENERGY INC NEW COM COM 867224107 1,180 42,171 SH   SOLE   16,360 0 25,811
SUNTRUST BKS INC COM COM 867914103 1,420 28,150 SH   SOLE   12,032 0 16,118
TERADYNE INC COM COM 880770102 20,144 641,927 SH   SOLE   299,149 0 342,778
TERRITORIAL BANCORP INC COM COM 88145X108 2,965 114,130 SH   SOLE   101,711 0 12,419
TORCHMARK CORP COM COM 891027104 1,703 22,844 SH   SOLE   9,715 0 13,129
TRANSCAT INC COM COM 893529107 4,375 230,031 SH   SOLE   204,925 0 25,106
TTM TECHNOLOGIES INC COM COM 87305R109 13,440 1,381,325 SH   SOLE   656,943 0 724,382
UNITED STATES LIME & MINERALS COM 911922102 4,063 57,229 SH   SOLE   50,945 0 6,284
UNITED TECHNOLOGIES CORP COM COM 913017109 1,374 12,907 SH   SOLE   5,342 0 7,565
UNITIL CORP COM COM 913259107 4,070 80,364 SH   SOLE   71,618 0 8,746
VERA BRADLEY INC COM COM 92335C106 3,340 389,674 SH   SOLE   356,739 0 32,935
VERIZON COMMUNICATIONS INC COM COM 92343V104 9,662 171,864 SH   SOLE   146,984 0 24,880
WASHINGTON FED INC COM COM 938824109 18,302 685,196 SH   SOLE   304,246 0 380,950
WESBANCO INC COM COM 950810101 10,316 281,165 SH   SOLE   124,451 0 156,714
WESTERN NEW ENG BANCORP INC CO COM 958892101 2,862 285,065 SH   SOLE   254,017 0 31,048
WPX ENERGY INC COM COM 98212B103 12,838 1,131,141 SH   SOLE   517,720 0 613,421
XCEL ENERGY INC COM COM 98389B100 1,753 35,587 SH   SOLE   15,105 0 20,482
ZAGG INC COM COM 98884U108 2,642 270,115 SH   SOLE   240,535 0 29,580