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 2,472 30,920 SH   SOLE   16,768 0 14,152
AGCO CORP COM COM 001084102 2,532 36,407 SH   SOLE   22,282 0 14,125
ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 1,475 51,070 SH   SOLE   51,070 0 0
ALLSTATE CORP COM COM 020002101 7,776 82,563 SH   SOLE   70,171 0 12,392
AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 27,036 1,219,504 SH   SOLE   836,582 0 382,922
AMERICAN SOFTWARE INC CL A COM 029683109 3,414 285,666 SH   SOLE   256,493 0 29,173
ANALOG DEVICES INC COM COM 032654105 2,371 22,527 SH   SOLE   12,158 0 10,369
ARK RESTAURANTS CORP COM COM 040712101 5,348 274,373 SH   SOLE   252,715 0 21,658
ARTESIAN RESOURCES CORP CL A COM 043113208 3,444 92,396 SH   SOLE   82,958 0 9,438
ASGN INC COM COM 00191U102 18,062 284,481 SH   SOLE   164,891 0 119,590
ASSOCIATED BANC CORP COM COM 045487105 14,525 680,343 SH   SOLE   394,256 0 286,087
ATKORE INTL GROUP INC COM COM 047649108 9,799 455,147 SH   SOLE   269,491 0 185,656
BANKFINANCIAL CORP COM COM 06643P104 2,468 165,966 SH   SOLE   148,999 0 16,967
BAXTER INTL INC COM COM 071813109 2,896 35,613 SH   SOLE   17,596 0 18,017
BED BATH & BEYOND INC COM COM 075896100 8,291 487,968 SH   SOLE   281,581 0 206,387
BERRY GLOBAL GROUP INC COM COM 08579W103 2,227 41,338 SH   SOLE   23,731 0 17,607
BONANZA CREEK ENERGY INC COM N COM 097793400 3,378 148,892 SH   SOLE   133,779 0 15,113
BOULDER GROWTH & INCOME FD INC COM 101507101 1,420 131,763 SH   SOLE   131,763 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 21,363 1,346,987 SH   SOLE   782,255 0 564,732
C&J ENERGY SVCS INC NEW COM COM 12674R100 12,212 786,874 SH   SOLE   438,390 0 348,484
CABLE ONE INC COM COM 12685J105 18,098 18,441 SH   SOLE   10,684 0 7,757
CABOT OIL & GAS CORP COM COM 127097103 1,025 39,264 SH   SOLE   7,039 0 32,225
CALERES INC COM COM 129500104 8,922 361,345 SH   SOLE   209,436 0 151,909
CAPITAL CITY BK GROUP INC COM COM 139674105 2,106 96,689 SH   SOLE   86,823 0 9,866
CATCHMARK TIMBER TR INC CL A COM 14912Y202 6,024 613,461 SH   SOLE   551,666 0 61,795
CBIZ INC COM COM 124805102 4,673 230,894 SH   SOLE   207,313 0 23,581
CENTRAL VALLEY CMNTY BANCORP C COM 155685100 3,044 155,694 SH   SOLE   139,787 0 15,907
CIENA CORP COM NEW COM 171779309 19,351 518,228 SH   SOLE   300,410 0 217,818
CISCO SYS INC COM COM 17275R102 7,773 143,969 SH   SOLE   124,624 0 19,345
CIT GROUP INC COM NEW COM 125581801 1,332 27,764 SH   SOLE   6,320 0 21,444
CITIZENS FINL GROUP INC COM COM 174610105 5,954 183,185 SH   SOLE   180,525 0 2,660
CITY OFFICE REIT INC COM COM 178587101 5,111 451,940 SH   SOLE   406,293 0 45,647
CNO FINL GROUP INC COM COM 12621E103 8,457 522,694 SH   SOLE   303,442 0 219,252
COLLECTORS UNIVERSE INC COM NE COM 19421R200 3,176 181,251 SH   SOLE   162,806 0 18,445
COMMERCIAL VEH GROUP INC COM COM 202608105 3,226 420,545 SH   SOLE   377,632 0 42,913
COMMUNITY TR BANCORP INC COM COM 204149108 18,268 444,900 SH   SOLE   279,706 0 165,194
COMPUTER PROGRAMS & SYS INC CO COM 205306103 4,139 139,397 SH   SOLE   125,517 0 13,880
CONOCOPHILLIPS COM COM 20825C104 1,908 28,588 SH   SOLE   14,150 0 14,438
CONTINENTAL BLDG PRODS INC COM COM 211171103 2,841 114,588 SH   SOLE   102,875 0 11,713
COUSINS PPTYS INC COM COM 222795502 20,691 2,141,883 SH   SOLE   1,245,892 0 895,991
CSX CORP COM COM 126408103 1,170 15,638 SH   SOLE   3,266 0 12,372
DRIL QUIP INC COM COM 262037104 10,939 238,584 SH   SOLE   131,785 0 106,799
DSW INC COM COM 23334L102 902 40,576 SH   SOLE   40,576 0 0
DUCOMMUN INC DEL COM COM 264147109 5,697 130,896 SH   SOLE   117,501 0 13,395
EASTMAN CHEMICAL CO COM COM 277432100 895 11,789 SH   SOLE   1,825 0 9,964
EMC INS GROUP INC COM COM 268664109 6,443 202,112 SH   SOLE   181,440 0 20,672
EMPLOYERS HOLDINGS INC COM COM 292218104 4,898 122,110 SH   SOLE   109,641 0 12,469
ENCOMPASS HEALTH CORP COM COM 29261A100 1,180 20,197 SH   SOLE   4,511 0 15,686
ENSIGN GROUP INC COM COM 29358P101 15,475 302,300 SH   SOLE   175,705 0 126,595
FBL FINL GROUP INC CL A COM 30239F106 11,606 185,052 SH   SOLE   107,340 0 77,712
FIRST BANCORP N C COM COM 318910106 3,110 89,457 SH   SOLE   80,320 0 9,137
FIRST CMNTY BANKSHARES INC NEV COM 31983A103 4,805 144,982 SH   SOLE   130,172 0 14,810
FIRST HAWAIIAN INC COM COM 32051X108 8,225 315,721 SH   SOLE   190,912 0 124,809
FIRST HORIZON NATL CORP COM COM 320517105 15,706 1,123,496 SH   SOLE   682,016 0 441,480
FORTRESS TRANS INFRST INVS LLC COM 34960P101 1,299 75,901 SH   SOLE   75,901 0 0
FORWARD AIR CORP COM COM 349853101 20,342 314,258 SH   SOLE   178,253 0 136,005
FOSTER L B CO COM COM 350060109 397 21,116 SH   SOLE   18,976 0 2,140
FOUNDATION BLDG MATLS INC COM COM 350392106 5,535 562,549 SH   SOLE   514,491 0 48,058
FULTON FINL CORP PA COM COM 360271100 13,607 879,019 SH   SOLE   513,802 0 365,217
GAP INC COM COM 364760108 972 37,120 SH   SOLE   7,755 0 29,365
GIBRALTAR INDS INC COM COM 374689107 17,672 435,152 SH   SOLE   247,175 0 187,977
GLOBAL BRASS & COPPR HLDGS INC COM 37953G103 12,173 353,464 SH   SOLE   235,271 0 118,193
GRAPHIC PACKAGING HLDG CO COM COM 388689101 11,523 912,375 SH   SOLE   517,974 0 394,401
GREENBRIER COS INC COM COM 393657101 16,716 518,646 SH   SOLE   334,143 0 184,503
GREENHILL & CO INC COM COM 395259104 15,108 702,393 SH   SOLE   459,939 0 242,454
HANCOCK WHITNEY CORPORATION CO COM 410120109 11,521 285,168 SH   SOLE   165,539 0 119,629
HARVARD BIOSCIENCE INC COM COM 416906105 381 88,369 SH   SOLE   79,389 0 8,980
HELIX ENERGY SOLUTIONS GRP INC COM 42330P107 1,442 182,240 SH   SOLE   166,780 0 15,460
HERSHA HOSPITALITY TR PR SHS B COM 427825500 20,585 1,200,982 SH   SOLE   777,098 0 423,884
HOMETRUST BANCSHARES INC COM COM 437872104 3,216 127,632 SH   SOLE   114,602 0 13,030
HOWARD HUGHES CORP COM COM 44267D107 1,189 10,807 SH   SOLE   3,197 0 7,610
HUNTSMAN CORP COM COM 447011107 6,038 268,477 SH   SOLE   264,473 0 4,004
HURCO COMPANIES INC COM COM 447324104 3,913 97,027 SH   SOLE   89,347 0 7,680
INDEPENDENCE RLTY TR INC COM COM 45378A106 4,565 423,082 SH   SOLE   380,099 0 42,983
INNOPHOS HOLDINGS INC COM COM 45774N108 2,897 96,112 SH   SOLE   86,289 0 9,823
ISTAR INC COM COM 45031U101 4,530 537,984 SH   SOLE   484,365 0 53,619
JPMORGAN CHASE & CO COM COM 46625H100 1,783 17,617 SH   SOLE   2,753 0 14,864
KAISER ALUMINUM CORP COM PAR $ COM 483007704 14,817 141,475 SH   SOLE   88,299 0 53,176
KENNAMETAL INC COM COM 489170100 9,723 264,573 SH   SOLE   162,740 0 101,833
KENNEDY-WILSON HLDGS INC COM COM 489398107 19,273 901,014 SH   SOLE   543,532 0 357,482
KIMBALL ELECTRONICS INC COM COM 49428J109 2,837 183,163 SH   SOLE   164,455 0 18,708
KITE RLTY GROUP TR COM NEW COM 49803T300 8,663 541,763 SH   SOLE   314,268 0 227,495
KOHLS CORP COM COM 500255104 1,960 28,494 SH   SOLE   17,449 0 11,045
KULICKE & SOFFA INDS INC COM COM 501242101 4,135 187,026 SH   SOLE   167,946 0 19,080
LIBERTY PPTY TR SH BEN INT COM 531172104 1,000 20,650 SH   SOLE   6,127 0 14,523
LYON WILLIAM HOMES CL A NEW COM 552074700 6,412 417,146 SH   SOLE   375,047 0 42,099
MARATHON OIL CORP COM COM 565849106 2,061 123,353 SH   SOLE   61,384 0 61,969
MARCUS CORP COM COM 566330106 5,141 128,371 SH   SOLE   115,262 0 13,109
MARTEN TRANS LTD COM COM 573075108 4,782 268,187 SH   SOLE   240,793 0 27,394
MASCO CORP COM COM 574599106 1,139 28,975 SH   SOLE   6,860 0 22,115
MASTERCRAFT BOAT HLDGS INC COM COM 57637H103 5,606 248,403 SH   SOLE   227,218 0 21,185
MOOG INC CL A COM 615394202 23,641 271,894 SH   SOLE   194,552 0 77,342
MTS SYS CORP COM COM 553777103 2,574 47,261 SH   SOLE   42,465 0 4,796
MUELLER INDS INC COM COM 624756102 7,145 227,985 SH   SOLE   129,914 0 98,071
NATIONAL BANKSHARES INC VA COM COM 634865109 3,660 85,420 SH   SOLE   76,760 0 8,660
NEENAH INC COM COM 640079109 2,702 41,990 SH   SOLE   37,710 0 4,280
NEWPARK RES INC COM PAR $.01NE COM 651718504 4,686 511,624 SH   SOLE   459,679 0 51,945
NEXSTAR MEDIA GROUP INC CL A COM 65336K103 24,029 221,734 SH   SOLE   153,260 0 68,474
NINE ENERGY SVC INC COM COM 65441V101 3,545 156,507 SH   SOLE   140,531 0 15,976
NORTHRIM BANCORP INC COM COM 666762109 2,997 87,078 SH   SOLE   78,181 0 8,897
NORTHWESTERN CORP COM NEW COM 668074305 17,287 245,525 SH   SOLE   142,249 0 103,276
OLD NATL BANCORP IND COM COM 680033107 5,477 333,940 SH   SOLE   192,955 0 140,985
ORION ENGINEERED CARBONS S A C COM L72967109 18,538 976,174 SH   SOLE   643,786 0 332,388
ORTHOFIX MED INC COM COM 68752M108 11,098 196,734 SH   SOLE   132,167 0 64,567
PACIFIC MERCANTILE BANCORP COM COM 694552100 2,528 331,744 SH   SOLE   298,132 0 33,612
PATTERSON UTI ENERGY INC COM COM 703481101 2,283 162,870 SH   SOLE   76,904 0 85,966
PNC FINL SVCS GROUP INC COM COM 693475105 1,065 8,682 SH   SOLE   1,836 0 6,846
POLYONE CORP COM COM 73179P106 12,129 413,830 SH   SOLE   234,507 0 179,323
PORTLAND GEN ELEC CO COM NEW COM 736508847 16,851 325,056 SH   SOLE   188,292 0 136,764
PREFORMED LINE PRODS CO COM COM 740444104 4,287 80,745 SH   SOLE   74,265 0 6,480
PRESTIGE CONSMR HEALTHCARE INC COM 74112D101 11,323 378,566 SH   SOLE   219,429 0 159,137
PROCTER & GAMBLE CO COM COM 742718109 1,693 16,268 SH   SOLE   3,439 0 12,829
PROGRESSIVE CORP OHIO COM COM 743315103 1,200 16,647 SH   SOLE   16,647 0 0
PROVIDENT FINL SVCS INC COM COM 74386T105 16,560 639,635 SH   SOLE   368,832 0 270,803
PRUDENTIAL FINL INC COM COM 744320102 8,398 91,404 SH   SOLE   79,268 0 12,136
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 2,883 48,530 SH   SOLE   30,664 0 17,866
QUANTA SVCS INC COM COM 74762E102 22,100 585,585 SH   SOLE   334,369 0 251,216
RADIAN GROUP INC COM COM 750236101 16,208 781,490 SH   SOLE   453,645 0 327,845
RADNET INC COM COM 750491102 14,434 1,164,954 SH   SOLE   804,645 0 360,309
REGAL BELOIT CORP COM COM 758750103 2,135 26,079 SH   SOLE   15,695 0 10,384
REGIONS FINL CORP NEW COM COM 7591EP100 961 67,905 SH   SOLE   14,349 0 53,556
RENAISSANCERE HOLDINGS LTD COM COM G7496G103 12,682 88,377 SH   SOLE   51,278 0 37,099
RGC RES INC COM COM 74955L103 3,512 132,491 SH   SOLE   118,950 0 13,541
ROCKY BRANDS INC COM COM 774515100 3,467 144,718 SH   SOLE   133,078 0 11,640
RUDOLPH TECHNOLOGIES INC COM COM 781270103 3,259 142,933 SH   SOLE   128,375 0 14,558
SANDY SPRING BANCORP INC COM COM 800363103 18,037 576,635 SH   SOLE   381,001 0 195,634
SERVICEMASTER GLOBAL HLDGS INC COM 81761R109 15,740 337,044 SH   SOLE   195,446 0 141,598
SLEEP NUMBER CORP COM COM 83125X103 14,115 300,322 SH   SOLE   174,214 0 126,108
SMITH & NEPHEW PLC SPDN ADR NE COM 83175M205 2,451 61,103 SH   SOLE   33,164 0 27,939
SMUCKER J M CO COM NEW COM 832696405 1,201 10,310 SH   SOLE   2,175 0 8,135
SOUTH ST CORP COM COM 840441109 13,179 192,840 SH   SOLE   129,380 0 63,460
SOUTHWEST GAS HOLDINGS INC COM COM 844895102 17,070 207,518 SH   SOLE   120,410 0 87,108
SP PLUS CORP COM COM 78469C103 5,487 160,827 SH   SOLE   144,415 0 16,412
STAG INDL INC COM COM 85254J102 16,965 572,191 SH   SOLE   333,135 0 239,056
STEEL PARTNERS HLDGS L P LTD P COM 85814R107 1,549 111,985 SH   SOLE   111,985 0 0
STEEL PARTNERS HLDGS L P PFD S COM 85814R206 4,260 196,965 SH   SOLE   182,157 0 14,808
STERLING CONSTRUCTION CO INC C COM 859241101 5,477 437,488 SH   SOLE   392,783 0 44,705
SUNTRUST BKS INC COM COM 867914103 1,181 19,934 SH   SOLE   4,765 0 15,169
TALOS ENERGY INC COM COM 87484T108 12,662 476,749 SH   SOLE   265,668 0 211,081
TERADYNE INC COM COM 880770102 19,123 479,993 SH   SOLE   288,925 0 191,068
TERRITORIAL BANCORP INC COM COM 88145X108 3,097 115,083 SH   SOLE   103,362 0 11,721
TORCHMARK CORP COM 891027AF1 1,388 16,942 SH   SOLE   3,917 0 13,025
TRANSCAT INC COM COM 893529107 5,330 231,937 SH   SOLE   208,243 0 23,694
TREEHOUSE FOODS INC COM COM 89469A104 11,629 180,153 SH   SOLE   104,560 0 75,593
TTM TECHNOLOGIES INC COM COM 87305R109 12,187 1,038,958 SH   SOLE   635,153 0 403,805
UNIFIRST CORP MASS COM COM 904708104 1,151 7,500 SH   SOLE   4,600 0 2,900
UNITED STATES LIME & MINERALS COM 911922102 4,478 58,060 SH   SOLE   52,129 0 5,931
UNITED TECHNOLOGIES CORP COM COM 913017109 1,366 10,599 SH   SOLE   2,198 0 8,401
UNITIL CORP COM COM 913259107 4,379 80,837 SH   SOLE   72,583 0 8,254
URBAN OUTFITTERS INC COM COM 917047102 7,193 242,664 SH   SOLE   140,656 0 102,008
VERA BRADLEY INC COM COM 92335C106 2,870 216,572 SH   SOLE   194,589 0 21,983
VERIZON COMMUNICATIONS INC COM COM 92343V104 8,447 142,855 SH   SOLE   119,388 0 23,467
WASHINGTON FED INC COM COM 938824109 14,572 504,389 SH   SOLE   292,783 0 211,606
WESBANCO INC COM COM 950810101 8,215 206,675 SH   SOLE   119,920 0 86,755
WESTERN NEW ENG BANCORP INC CO COM 958892101 2,649 286,947 SH   SOLE   257,646 0 29,301
WPX ENERGY INC COM COM 98212B103 13,307 1,015,061 SH   SOLE   643,766 0 371,295
XCEL ENERGY INC COM COM 98389B100 1,421 25,277 SH   SOLE   5,974 0 19,303
ZAGG INC COM COM 98884U108 1,729 190,670 SH   SOLE   171,289 0 19,381