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
AMERICAN CAP LTD COM 02503Y103 348 27,450 SH   SOLE 1 0 0 27,450
ACME UTD CORP COM 004816104 3,794 295,029 SH   SOLE 1 71,776 0 223,253
AEGION CORP COM 00770F104 14,369 638,348 SH   SOLE 1 87,750 0 550,598
FEDERAL AGRIC MTG CORP CL C 313148306 26,636 922,288 SH   SOLE 1 108,263 0 814,025
ARLINGTON ASSET INVT CORP CL A NEW 041356205 311 11,614 SH   SOLE 1 0 0 11,614
ANDERSONS INC COM 034164103 3,862 72,610 SH   SOLE 1 0 0 72,610
ASTA FDG INC COM 046220109 4,006 463,102 SH   SOLE 1 77,469 0 385,633
ATLANTIC TELE NETWORK INC COM NEW 049079205 11,131 224,136 SH   SOLE 1 6,150 0 217,986
AMERICAN WTR WKS CO INC NEW COM 030420103 32,234 781,800 SH   SOLE 1 154,600 0 627,200
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 4,728 103,281 SH   SOLE 1 0 0 103,281
BANK OF AMERICA CORPORATION COM 060505104 318 24,734 SH   SOLE 1 0 0 24,734
BBCN BANCORP INC COM 073295107 3,029 213,038 SH   SOLE 1 140,089 0 72,949
BANK COMM HLDGS COM 06424J103 1,109 220,000 SH   SOLE 1 220,000 0 0
BOFI HLDG INC COM 05566U108 3,515 76,714 SH   SOLE 1 57,344 0 19,370
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 510 4,554 SH   SOLE 1 200 0 4,354
CENTRAL GARDEN & PET CO COM 153527106 1,437 202,364 SH   SOLE 1 14,100 0 188,264
CHINDEX INTERNATIONAL INC COM 169467107 5,340 329,199 SH   SOLE 1 116,157 0 213,042
CHINA HOUSING & LAND DEV INC COM 16939V103 24 13,581 SH   SOLE 1 9,020 0 4,561
CHINA FD INC COM 169373107 2,121 106,155 SH   SOLE 1 439 0 105,716
CLECO CORP NEW COM 12561W105 255 5,500 SH   SOLE 1 0 0 5,500
CHINA CORD BLOOD CORP SHS G21107100 553 196,830 SH   SOLE 1 0 0 196,830
CHINA PHARMA HLDGS INC COM 16941T104 318 1,514,422 SH   SOLE 1 772,900 0 741,522
CRAWFORD & CO CL A 224633206 7,271 1,434,104 SH   SOLE 1 160,154 0 1,273,950
AMERICAS CAR MART INC COM 03062T105 1,973 45,633 SH   SOLE 1 7,600 0 38,033
CISCO SYS INC COM 17275R102 209 8,600 SH   SOLE 1 500 0 8,100
CASH AMER INTL INC COM 14754D100 15,940 350,636 SH   SOLE 1 29,450 0 321,186
CARRIAGE SVCS INC COM 143905107 16,968 1,001,060 SH   SOLE 1 94,199 0 906,861
CENTURYLINK INC COM 156700106 2,154 60,943 SH   SOLE 1 7,800 0 53,143
CVS CAREMARK CORPORATION COM 126650100 286 5,000 SH   SOLE 1 0 0 5,000
DISCOVER FINL SVCS COM 254709108 2,396 50,292 SH   SOLE 1 6,500 0 43,792
DEVRY INC DEL COM 251893103 8,754 282,209 SH   SOLE 1 56,200 0 226,009
DESTINATION XL GROUP INC COM 25065K104 4,175 658,526 SH   SOLE 1 48,300 0 610,226
US ECOLOGY INC COM 91732J102 239 8,700 SH   SOLE 1 0 0 8,700
EXCEED COMPANY LTD SHS G32335104 857 758,579 SH   SOLE 1 206,750 0 551,829
EDUCATIONAL DEV CORP COM 281479105 182 58,292 SH   SOLE 1 58,292 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 10,655 207,103 SH   SOLE 1 4,300 0 202,803
ESSEX RENT CORP COM 297187106 640 148,150 SH   SOLE 1 0 0 148,150
EAST WEST BANCORP INC COM 27579R104 13,446 488,950 SH   SOLE 1 33,500 0 455,450
FARMERS CAP BK CORP COM 309562106 1,049 48,365 SH   SOLE 1 48,365 0 0
FARMERS NATL BANC CORP COM 309627107 2,280 363,005 SH   SOLE 1 31,300 0 331,705
FEDERATED NATL HLDG CO COM 31422T101 342 35,093 SH   SOLE 1 0 0 35,093
FLEXIBLE SOLUTIONS INTL INC COM 33938T104 28 35,550 SH   SOLE 1 0 0 35,550
FMC TECHNOLOGIES INC COM 30249U101 264 4,750 SH   SOLE 1 0 0 4,750
FRONTIER COMMUNICATIONS CORP COM 35906A108 1,414 349,246 SH   SOLE 1 14,800 0 334,446
GIANT INTERACTIVE GROUP INC ADR 374511103 3,694 461,183 SH   SOLE 1 21,100 0 440,083
LE GAGA HLDGS LTD SPONSORED ADR 521168104 3,735 1,012,069 SH   SOLE 1 214,610 0 797,459
STEALTHGAS INC SHS Y81669106 7,058 641,662 SH   SOLE 1 0 0 641,662
GREATER CHINA FD INC COM 39167B102 349 31,863 SH   SOLE 1 0 0 31,863
GENERAL ELECTRIC CO COM 369604103 2,919 125,883 SH   SOLE 1 3,200 0 122,683
GENERAL FIN CORP DEL COM 369822101 211 45,291 SH   SOLE 1 45,291 0 0
GATX CORP COM 361448103 558 11,760 SH   SOLE 1 0 0 11,760
GENWORTH FINL INC COM CL A 37247D106 11,500 1,007,850 SH   SOLE 1 22,600 0 985,250
GP STRATEGIES CORP COM 36225V104 289 12,131 SH   SOLE 1 0 0 12,131
GENESEE & WYO INC CL A 371559105 416 4,900 SH   SOLE 1 0 0 4,900
HANMI FINL CORP COM NEW 410495204 454 25,695 SH   SOLE 1 0 0 25,695
HEALTHCARE SVCS GRP INC COM 421906108 402 16,395 SH   SOLE 1 645 0 15,750
HELEN OF TROY CORP LTD COM G4388N106 3,395 88,482 SH   SOLE 1 4,100 0 84,382
HOPFED BANCORP INC COM 439734104 1,490 137,962 SH   SOLE 1 40,132 0 97,830
HONEYWELL INTL INC COM 438516106 325 4,100 SH   SOLE 1 0 0 4,100
HORNBECK OFFSHORE SVCS INC N COM 440543106 324 6,050 SH   SOLE 1 0 0 6,050
HUMANA INC COM 444859102 1,798 21,313 SH   SOLE 1 0 0 21,313
IMAX CORP COM 45245E109 15,271 614,267 SH   SOLE 1 151,300 0 462,967
INTEST CORP COM 461147100 2,003 528,466 SH   SOLE 1 47,900 0 480,566
INNOSPEC INC COM 45768S105 18,265 454,570 SH   SOLE 1 71,200 0 383,370
NEW IRELAND FUND INC COM 645673104 242 23,304 SH   SOLE 1 10,100 0 13,204
SANFILIPPO JOHN B & SON INC COM 800422107 3,662 181,666 SH   SOLE 1 13,668 0 167,998
JAPAN EQUITY FD INC COM 471057109 1,055 163,251 SH   SOLE 1 5,212 0 158,039
JOHNSON & JOHNSON COM 478160104 391 4,550 SH   SOLE 1 0 0 4,550
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 3,992 465,761 SH   SOLE 1 26,910 0 438,851
JINPAN INTL LTD ORD G5138L100 6,954 1,419,224 SH   SOLE 1 190,442 0 1,228,782
KOREA EQUITY FD INC COM 50063B104 190 24,284 SH   SOLE 1 887 0 23,397
KIRBY CORP COM 497266106 247 3,100 SH   SOLE 1 0 0 3,100
KOREA FD COM NEW 500634209 244 7,068 SH   SOLE 1 0 0 7,068
KRATON PERFORMANCE POLYMERS COM 50077C106 2,888 136,225 SH   SOLE 1 0 0 136,225
LGL GROUP INC COM 50186A108 379 58,019 SH   SOLE 1 7,620 0 50,399
LIMONEIRA CO COM 532746104 1,504 72,572 SH   SOLE 1 23,017 0 49,555
LSB INDS INC COM 502160104 9,436 310,290 SH   SOLE 1 58,050 0 252,240
MCG CAPITAL CORP COM 58047P107 1,321 253,472 SH   SOLE 1 1,142 0 252,330
MDU RES GROUP INC COM 552690109 4,150 160,170 SH   SOLE 1 30,150 0 130,020
METHANEX CORP COM 59151K108 3,566 83,245 SH   SOLE 1 20,000 0 63,245
METLIFE INC COM 59156R108 286 6,250 SH   SOLE 1 0 0 6,250
MICROFINANCIAL INC COM 595072109 591 75,250 SH   SOLE 1 0 0 75,250
MFRI INC COM 552721102 3,303 290,544 SH   SOLE 1 46,882 0 243,662
MOBILE MINI INC COM 60740F105 16,678 503,096 SH   SOLE 1 8,800 0 494,296
MILLER INDS INC TENN COM NEW 600551204 686 44,603 SH   SOLE 1 4,400 0 40,203
MANITEX INTL INC COM 563420108 9,950 908,664 SH   SOLE 1 301,970 0 606,694
MARATHON PETE CORP COM 56585A102 254 3,575 SH   SOLE 1 0 0 3,575
MICROSOFT CORP COM 594918104 390 11,300 SH   SOLE 1 0 0 11,300
MATRIX SVC CO COM 576853105 10,294 660,727 SH   SOLE 1 12,600 0 648,127
NATURES SUNSHINE PRODUCTS IN COM 639027101 22,307 1,364,360 SH   SOLE 1 245,632 0 1,118,728
NORTHERN TECH INTL CORP COM 665809109 508 45,318 SH   SOLE 1 0 0 45,318
NUTRACEUTICAL INTL CORP COM 67060Y101 5,296 259,116 SH   SOLE 1 9,697 0 249,419
NV5 HLDGS INC UNIT 99/99/99993 UNIT 99/99/99993 62945V208 3,020 369,658 SH   SOLE 1 8,300 0 361,358
NATIONAL WESTN LIFE INS CO CL A 638522102 8,371 44,094 SH   SOLE 1 3,001 0 41,093
OVERHILL FARMS INC COM 690212105 822 166,057 SH   SOLE 1 156,657 0 9,400
OWENS ILL INC COM NEW 690768403 19,239 692,295 SH   SOLE 1 16,400 0 675,895
PRO-DEX INC COLO COM NEW 74265M205 394 207,312 SH   SOLE 1 666 0 206,646
PFIZER INC COM 717081103 6,353 226,803 SH   SOLE 1 4,369 0 222,434
EPLUS INC COM 294268107 3,075 51,350 SH   SOLE 1 0 0 51,350
PRGX GLOBAL INC COM NEW 69357C503 710 129,268 SH   SOLE 1 0 0 129,268
RENT A CTR INC NEW COM 76009N100 29,083 774,501 SH   SOLE 1 126,401 0 648,100
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,370 38,824 SH   SOLE 1 0 0 38,824
RRSAT GLOBAL COMM NTWRK LTD SHS M8183P102 1,384 171,499 SH   SOLE 1 17,688 0 153,811
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 21,524 2,067,616 SH   SOLE 1 356,232 0 1,711,384
SERVICE CORP INTL COM 817565104 11,004 610,304 SH   SOLE 1 33,226 0 577,078
SPECTRA ENERGY CORP COM 847560109 612 17,750 SH   SOLE 1 250 0 17,500
SINGAPORE FD INC COM 82929L109 433 33,452 SH   SOLE 1 10,490 0 22,962
INVENTURE FOODS INC COM 461212102 8,812 1,054,014 SH   SOLE 1 290,726 0 763,288
SPAN AMER MED SYS INC COM 846396109 1,206 59,096 SH   SOLE 1 48,108 0 10,988
SUTRON CORP COM 869380105 709 124,469 SH   SOLE 1 5,600 0 118,869
SEAGATE TECHNOLOGY PLC SHS G7945M107 9,629 214,781 SH   SOLE 1 500 0 214,281
TOP IMAGE SYSTEMS LTD ORD M87896102 75 26,522 SH   SOLE 1 26,522 0 0
TITAN MACHY INC COM 88830R101 5,424 276,310 SH   SOLE 1 5,600 0 270,710
TRAVELERS COMPANIES INC COM 89417E109 8,080 101,106 SH   SOLE 1 3,596 0 97,510
TUPPERWARE BRANDS CORP COM 899896104 24,301 312,790 SH   SOLE 1 46,450 0 266,340
UNIVERSAL POWER GROUP INC COM 913788105 118 79,651 SH   SOLE 1 0 0 79,651
UNITIL CORP COM 913259107 1,639 56,750 SH   SOLE 1 0 0 56,750
WILSHIRE BANCORP INC COM 97186T108 13,146 1,985,775 SH   SOLE 1 652,155 0 1,333,620
WINDSTREAM CORP COM 97381W104 4,760 617,417 SH   SOLE 1 171,759 0 445,658
EXXON MOBIL CORP COM 30231G102 433 4,791 SH   SOLE 1 0 0 4,791
YONGYE INTL INC COM 98607B106 521 97,311 SH   SOLE 1 100 0 97,211
ZOETIS INC CL A 98978V103 612 19,817 SH   SOLE 1 525 0 19,292