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 20,719 461,338 SH   SOLE   461,338 0 0
ABRAXAS PETE CORP COM COM 003830106 1,009 951,793 SH   SOLE   951,793 0 0
AGREE REALTY CORP COM COM 008492100 2,604 76,614 SH   SOLE   76,614 0 0
ALASKA AIR GROUP INC COM COM 011659109 298 3,707 SH   SOLE   3,707 0 0
ALEXANDRIA REAL ESTATE EQ INC COM 015271109 17,249 190,887 SH   SOLE   190,887 0 0
ALLIANCE FIBER OPTIC PRODS INC COM 018680306 1,098 72,408 SH   SOLE   72,408 0 0
ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 951 39,856 SH   SOLE   39,856 0 0
AMERICAN EQTY INVT LIFE HLD CO COM 025676206 11,958 497,638 SH   SOLE   409,557 0 88,081
AMERICAN FINL GROUP INC OHIO C COM 025932104 341 4,732 SH   SOLE   4,732 0 0
AMERICAN INTL GROUP INC COM NE COM 026874784 21,204 342,172 SH   SOLE   342,172 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 1,083 106,429 SH   SOLE   106,429 0 0
ANALOG DEVICES INC COM COM 032654105 19,492 352,346 SH   SOLE   352,346 0 0
ANALOGIC CORP COM PAR $0.05 COM 032657207 15,782 191,069 SH   SOLE   155,509 0 35,560
ARK RESTAURANTS CORP COM COM 040712101 3,932 169,254 SH   SOLE   169,254 0 0
ARTESIAN RESOURCES CORP CL A COM 043113208 1,709 61,688 SH   SOLE   61,688 0 0
ASPEN INSURANCE HOLDINGS LTD S COM G05384105 367 7,589 SH   SOLE   7,589 0 0
ASSOCIATED BANC CORP COM COM 045487105 14,981 799,003 SH   SOLE   641,187 0 157,816
AT&T INC COM COM 00206R102 31,614 918,742 SH   SOLE   918,742 0 0
AVG TECHNOLOGIES N V SHS COM N07831105 14,008 698,657 SH   SOLE   560,154 0 138,503
AVISTA CORP COM COM 05379B107 19,773 559,025 SH   SOLE   448,808 0 110,217
BANKFINANCIAL CORP COM COM 06643P104 1,181 93,493 SH   SOLE   93,493 0 0
BARRETT BILL CORP COM COM 06846N104 171 43,510 SH   SOLE   43,510 0 0
BED BATH & BEYOND INC COM COM 075896100 14,990 310,666 SH   SOLE   310,666 0 0
BEST BUY INC COM COM 086516101 5,683 186,647 SH   SOLE   186,647 0 0
BIOMED REALTY TRUST INC COM COM 09063H107 20,178 851,752 SH   SOLE   676,454 0 175,298
BOULDER GROWTH & INCOME FD INC COM 101507101 1,112 143,722 SH   SOLE   143,722 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 23,498 1,720,202 SH   SOLE   1,379,373 0 340,829
CACI INTL INC CL A COM 127190304 12,466 134,360 SH   SOLE   105,930 0 28,430
CALIFORNIA WTR SVC GROUP COM COM 130788102 11,294 485,337 SH   SOLE   399,124 0 86,213
CAPITAL BK FINL CORP CL A COM COM 139794101 3,381 105,718 SH   SOLE   85,149 0 20,569
CASCADE BANCORP COM NEW COM 147154207 1,301 214,356 SH   SOLE   214,356 0 0
CASCADE MICROTECH INC COM COM 147322101 1,395 85,817 SH   SOLE   85,817 0 0
CATO CORP NEW CL A COM 149205106 11,780 319,942 SH   SOLE   262,621 0 57,321
CAVCO INDS INC DEL COM COM 149568107 1,787 21,450 SH   SOLE   21,450 0 0
CBIZ INC COM COM 124805102 1,155 117,148 SH   SOLE   117,148 0 0
CHARTER FINL CORP MD COM COM 16122W108 1,434 108,524 SH   SOLE   108,524 0 0
CHASE CORP COM COM 16150R104 1,596 39,179 SH   SOLE   39,179 0 0
CHECK POINT SOFTWARE TECH LTD COM M22465104 23,142 284,371 SH   SOLE   284,371 0 0
CHICOPEE BANCORP INC COM COM 168565109 1,104 63,691 SH   SOLE   63,691 0 0
CISCO SYS INC COM COM 17275R102 30,213 1,112,622 SH   SOLE   1,112,622 0 0
CIT GROUP INC COM NEW COM 125581801 20,330 512,080 SH   SOLE   512,080 0 0
CITIZENS FINL GROUP INC COM COM 174610105 296 11,309 SH   SOLE   11,309 0 0
CLEARWATER PAPER CORP COM COM 18538R103 10,402 228,475 SH   SOLE   184,376 0 44,099
COBIZ FINANCIAL INC COM COM 190897108 956 71,259 SH   SOLE   71,259 0 0
COLLECTORS UNIVERSE INC COM NE COM 19421R200 1,271 81,988 SH   SOLE   81,988 0 0
COLONY CAP INC CL A COM 19624R106 21,937 1,126,155 SH   SOLE   903,154 0 223,001
COMFORT SYS USA INC COM COM 199908104 1,217 42,812 SH   SOLE   42,812 0 0
COMMUNITY TR BANCORP INC COM COM 204149108 13,582 388,491 SH   SOLE   311,602 0 76,889
CONSOLIDATED EDISON INC COM COM 209115104 450 7,005 SH   SOLE   7,005 0 0
CONTINENTAL BLDG PRODS INC COM COM 211171103 1,249 71,529 SH   SOLE   71,529 0 0
COUSINS PPTYS INC COM COM 222795106 8,973 951,491 SH   SOLE   763,370 0 188,121
CRAWFORD & CO CL B COM 224633107 2,647 498,521 SH   SOLE   411,992 0 86,529
CROWN CRAFTS INC COM COM 228309100 1,767 208,115 SH   SOLE   208,115 0 0
CUTERA INC COM COM 232109108 1,333 104,240 SH   SOLE   104,240 0 0
DDR CORP COM COM 23317H102 285 16,920 SH   SOLE   16,920 0 0
DECKERS OUTDOOR CORP COM COM 243537107 15,579 330,073 SH   SOLE   269,812 0 60,261
DUKE REALTY CORP COM NEW COM 264411505 408 19,422 SH   SOLE   19,422 0 0
EASTMAN CHEM CO COM COM 277432100 16,346 242,130 SH   SOLE   242,130 0 0
EL PASO ELEC CO COM NEW COM 283677854 369 9,586 SH   SOLE   9,586 0 0
EMC INS GROUP INC COM COM 268664109 1,507 59,555 SH   SOLE   59,555 0 0
EMCOR GROUP INC COM COM 29084Q100 15,068 313,659 SH   SOLE   253,009 0 60,650
EMERSON ELEC CO COM COM 291011104 15,372 321,390 SH   SOLE   321,390 0 0
EMPIRE DIST ELEC CO COM COM 291641108 3,275 116,679 SH   SOLE   95,294 0 21,385
ENTRAVISION COMMUNICATIONS CP COM 29382R107 10,530 1,365,702 SH   SOLE   1,095,517 0 270,185
FELCOR LODGING TR INC COM COM 31430F101 2,155 295,265 SH   SOLE   295,265 0 0
FIRST AMERN FINL CORP COM COM 31847R102 12,425 346,112 SH   SOLE   277,896 0 68,216
FIRST CMNTY BANCSHARES INC NEV COM 31983A103 1,171 62,860 SH   SOLE   62,860 0 0
FIRST MIDWEST BANCORP DEL COM COM 320867104 17,287 937,986 SH   SOLE   752,221 0 185,765
FLUOR CORP NEW COM COM 343412102 22,559 477,750 SH   SOLE   477,750 0 0
FOREST CITY RLTY TR INC COM CL COM 345605109 383 17,462 SH   SOLE   17,462 0 0
FULTON FINL CORP PA COM COM 360271100 15,583 1,197,737 SH   SOLE   960,767 0 236,970
GASTAR EXPL INC NEW COM COM 36729W202 1,272 971,263 SH   SOLE   971,263 0 0
GENERAL MLS INC COM COM 370334104 19,429 336,954 SH   SOLE   336,954 0 0
GENESCO INC COM COM 371532102 11,580 203,766 SH   SOLE   164,130 0 39,636
GLATFELTER COM COM 377316104 15,307 830,081 SH   SOLE   830,081 0 0
GLOBAL BRASS & COPPR HLDGS INC COM 37953G103 17,274 810,978 SH   SOLE   650,294 0 160,684
GREAT PLAINS ENERGY INC COM COM 391164100 8,514 311,739 SH   SOLE   245,989 0 65,750
HALLIBURTON CO COM COM 406216101 25,217 740,793 SH   SOLE   740,793 0 0
HANCOCK HLDG CO COM COM 410120109 12,154 482,891 SH   SOLE   387,433 0 95,458
HERITAGE COMMERCE CORP COM COM 426927109 1,247 104,236 SH   SOLE   104,236 0 0
HERSHA HOSPITALITY TR PR SHS B COM 427825500 21,818 1,002,648 SH   SOLE   802,687 0 199,961
HESKA CORP COM RESTRC NEW COM 42805E306 1,532 39,598 SH   SOLE   39,598 0 0
HORACE MANN EDUCATORS CORP NEW COM 440327104 11,296 340,437 SH   SOLE   273,060 0 67,377
HURCO COMPANIES INC COM COM 447324104 2,095 78,864 SH   SOLE   78,864 0 0
ICF INTL INC COM COM 44925C103 2,794 78,565 SH   SOLE   78,565 0 0
INTERPUBLIC GROUP COS INC COM COM 460690100 302 12,954 SH   SOLE   12,954 0 0
INVESCO LTD SHS COM G491BT108 24,994 746,541 SH   SOLE   746,541 0 0
IXYS CORP COM COM 46600W106 1,653 130,858 SH   SOLE   130,858 0 0
JPMORGAN CHASE & CO COM COM 46625H100 32,569 493,251 SH   SOLE   493,251 0 0
KAISER ALUMINUM CORP COM PAR $ COM 483007704 13,344 159,502 SH   SOLE   125,932 0 33,570
KENNEDY-WILSON HLDGS INC COM COM 489398107 20,750 861,706 SH   SOLE   691,619 0 170,087
KINGSTONE COS INC COM COM 496719105 849 94,382 SH   SOLE   94,382 0 0
KIRKLANDS INC COM COM 497498105 5,915 407,897 SH   SOLE   326,019 0 81,878
KITE RLTY GROUP TR COM NEW COM 49803T300 19,099 736,564 SH   SOLE   590,765 0 145,799
KNIGHT TRANSN INC COM COM 499064103 20,262 836,218 SH   SOLE   681,969 0 154,249
KORN FERRY INTL COM NEW COM 500643200 14,380 433,390 SH   SOLE   349,456 0 83,934
LEAR CORP COM NEW COM 521865204 367 2,986 SH   SOLE   2,986 0 0
LIBERTY PPTY TR SH BEN INT COM 531172104 15,811 509,223 SH   SOLE   509,223 0 0
LINCOLN NATL CORP IND COM COM 534187109 19,894 395,824 SH   SOLE   395,824 0 0
LUXFER HLDGS PLC SPONSORED ADR COM 550678106 2,028 206,097 SH   SOLE   206,097 0 0
MAIDEN HOLDINGS LTD SHS COM G5753U112 11,914 799,084 SH   SOLE   652,611 0 146,473
MAINSOURCE FINANCIAL GP INC CO COM 56062Y102 1,717 75,025 SH   SOLE   75,025 0 0
MARLIN BUSINESS SVCS CORP COM COM 571157106 2,370 147,573 SH   SOLE   147,573 0 0
MARTEN TRANS LTD COM COM 573075108 1,659 93,750 SH   SOLE   93,750 0 0
MERIT MED SYS INC COM COM 589889104 13,387 720,095 SH   SOLE   577,671 0 142,424
MOLINA HEALTHCARE INC COM COM 60855R100 12,232 203,419 SH   SOLE   163,151 0 40,268
MTS SYS CORP COM COM 553777103 1,067 16,831 SH   SOLE   16,831 0 0
MUELLER INDS INC COM COM 624756102 12,388 457,125 SH   SOLE   370,547 0 86,578
NATIONAL BANKSHARES INC VA COM COM 634865109 1,638 46,080 SH   SOLE   46,080 0 0
NATIONAL PENN BANCSHARES INC C COM 637138108 17,930 1,454,168 SH   SOLE   1,166,760 0 287,408
NEENAH PAPER INC COM COM 640079109 1,340 21,463 SH   SOLE   21,463 0 0
NETSCOUT SYS INC COM COM 64115T104 13,223 430,712 SH   SOLE   345,423 0 85,289
NEWSTAR FINANCIAL INC COM COM 65251F105 470 52,342 SH   SOLE   52,342 0 0
NORTHERN TR CORP COM COM 665859104 385 5,335 SH   SOLE   5,335 0 0
NORTHRIM BANCORP INC COM COM 666762109 1,162 43,689 SH   SOLE   43,689 0 0
NUTRACEUTICAL INTL CORP COM COM 67060Y101 5,499 212,972 SH   SOLE   212,972 0 0
NXP SEMICONDUCTORS N V COM COM N6596X109 290 3,443 SH   SOLE   3,443 0 0
OLD DOMINION FGHT LINES INC CO COM 679580100 14,130 239,212 SH   SOLE   192,976 0 46,236
OLD NATL BANCORP IND COM COM 680033107 15,378 1,134,048 SH   SOLE   909,177 0 224,871
OMNICOM GROUP INC COM COM 681919106 18,727 247,514 SH   SOLE   247,514 0 0
ORION ENGINEERED CARBONS S A C COM L72967109 8,797 698,214 SH   SOLE   576,264 0 121,950
PACIFIC CONTINENTAL CORP COM COM 69412V108 1,147 77,114 SH   SOLE   77,114 0 0
PARK STERLING CORP COM COM 70086Y105 2,536 346,504 SH   SOLE   346,504 0 0
PATTERSON UTI ENERGY INC COM COM 703481101 16,964 1,124,909 SH   SOLE   957,399 0 167,510
PDC ENERGY INC COM COM 69327R101 38,665 724,342 SH   SOLE   669,468 0 54,874
PEGASYSTEMS INC COM COM 705573103 14,405 523,811 SH   SOLE   420,064 0 103,747
PFIZER INC COM COM 717081103 38,885 1,204,625 SH   SOLE   1,204,625 0 0
PHYSICIANS RLTY TR COM COM 71943U104 1,578 93,610 SH   SOLE   93,610 0 0
PIONEER ENERGY SVCS CORP COM COM 723664108 792 365,015 SH   SOLE   365,015 0 0
PNM RES INC COM COM 69349H107 379 12,403 SH   SOLE   12,403 0 0
PRECISION DRILLING CORP COM 20 COM 74022D308 9,283 2,356,107 SH   SOLE   1,899,507 0 456,600
PREFORMED LINE PRODS CO COM COM 740444104 2,070 49,175 SH   SOLE   49,175 0 0
PROVIDENT FINL SVCS INC COM COM 74386T105 18,292 907,767 SH   SOLE   728,026 0 179,741
PTC INC COM COM 69370C100 406 11,724 SH   SOLE   11,724 0 0
PTC INC COM COM 69370C100 14,810 427,676 SH   SOLE   342,172 0 85,504
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 26,642 688,602 SH   SOLE   688,602 0 0
RADIAN GROUP INC COM COM 750236101 18,575 1,387,236 SH   SOLE   1,123,988 0 263,248
RAMCO-GERSHENSON PPTYS TR COM COM 751452202 2,479 149,221 SH   SOLE   149,221 0 0
REGAL BELOIT CORP COM COM 758750103 18,254 311,924 SH   SOLE   311,924 0 0
REGAL ENTMT GROUP CL A COM 758766109 350 18,558 SH   SOLE   18,558 0 0
REGIONS FINL CORP NEW COM COM 7591EP100 18,838 1,962,321 SH   SOLE   1,962,321 0 0
RELIANCE STEEL & ALUMINUM CO C COM 759509102 5,988 103,407 SH   SOLE   103,407 0 0
RESOURCE CAP CORP COM NEW COM 76120W708 1,691 132,500 SH   SOLE   132,500 0 0
REXFORD INDL RLTY INC COM COM 76169C100 2,857 174,604 SH   SOLE   174,604 0 0
RGC RES INC COM COM 74955L103 1,829 85,806 SH   SOLE   85,806 0 0
S L INDS INC COM COM 784413106 3,292 103,247 SH   SOLE   103,247 0 0
SANDY SPRING BANCORP INC COM COM 800363103 17,925 664,860 SH   SOLE   543,024 0 121,836
SCHULMAN A INC COM COM 808194104 12,504 408,080 SH   SOLE   329,061 0 79,019
SCRIPPS E W CO OHIO CL A NEW COM 811054402 3,349 176,277 SH   SOLE   176,277 0 0
SERVICEMASTER GLOBAL HLDGS INC COM 81761R109 22,182 565,290 SH   SOLE   460,608 0 104,682
SOUTHWEST BANCORP INC OKLA COM COM 844767103 1,393 79,696 SH   SOLE   79,696 0 0
SP PLUS CORP COM COM 78469C103 1,499 62,737 SH   SOLE   62,737 0 0
ST JUDE MED INC COM COM 790849103 355 5,747 SH   SOLE   5,747 0 0
STAGE STORES INC COM NEW COM 85254C305 855 93,858 SH   SOLE   93,858 0 0
STANCORP FINL GROUP INC COM COM 852891100 446 3,919 SH   SOLE   3,919 0 0
STATE AUTO FINL CORP COM COM 855707105 1,397 67,847 SH   SOLE   67,847 0 0
STEELCASE INC CL A COM 858155203 10,589 710,678 SH   SOLE   573,671 0 137,007
STEWART INFORMATION SVCS CORP COM 860372101 1,312 35,156 SH   SOLE   35,156 0 0
SUN CMNTYS INC COM COM 866674104 9,097 132,740 SH   SOLE   106,424 0 26,316
SUNCOR ENERGY INC NEW COM COM 867224107 24,969 967,778 SH   SOLE   967,778 0 0
SUNTRUST BKS INC COM COM 867914103 21,586 503,878 SH   SOLE   503,878 0 0
SYNERON MEDICAL LTD ORD SHS COM M87245102 13,977 1,812,895 SH   SOLE   1,479,243 0 333,652
TERADYNE INC COM COM 880770102 1,214 58,742 SH   SOLE   58,742 0 0
TEXTRON INC COM COM 883203101 312 7,416 SH   SOLE   7,416 0 0
THOR INDS INC COM COM 885160101 41,774 743,974 SH   SOLE   687,229 0 56,745
TIME WARNER INC COM NEW COM 887317303 24,990 386,423 SH   SOLE   386,423 0 0
TOTAL SYS SVCS INC COM COM 891906109 271 5,447 SH   SOLE   5,447 0 0
TOWER INTL INC COM COM 891826109 15,941 557,973 SH   SOLE   447,254 0 110,719
TRANSCAT INC COM COM 893529107 1,492 150,097 SH   SOLE   150,097 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 2,188 186,047 SH   SOLE   186,047 0 0
TRUEBLUE INC COM COM 89785X101 13,145 510,284 SH   SOLE   411,697 0 98,587
U S PHYSICAL THERAPY INC COM COM 90337L108 1,412 26,297 SH   SOLE   26,297 0 0
UNION PAC CORP COM COM 907818108 21,618 276,446 SH   SOLE   276,446 0 0
UNITED FIRE GROUP INC COM COM 910340108 10,393 271,285 SH   SOLE   217,859 0 53,426
UNITED STATES LIME & MINERALS COM 911922102 950 17,294 SH   SOLE   17,294 0 0
UNIVERSAL HLTH SVCS INC CL B COM 913903100 957 8,010 SH   SOLE   8,010 0 0
VALSPAR CORP COM COM 920355104 363 4,379 SH   SOLE   4,379 0 0
VCA INC COM COM 918194101 397 7,213 SH   SOLE   7,213 0 0
VECTREN CORP COM COM 92240G101 16,614 391,654 SH   SOLE   314,013 0 77,641
WADDELL & REED FINL INC CL A COM 930059100 621 21,670 SH   SOLE   21,670 0 0
WCI CMNTYS INC COM PAR $0.01 COM 92923C807 2,448 109,864 SH   SOLE   109,864 0 0
WEC ENERGY GROUP INC COM COM 92939U106 23,926 466,304 SH   SOLE   466,304 0 0
WEIS MKTS INC COM COM 948849104 15,151 342,020 SH   SOLE   275,680 0 66,340
WESBANCO INC COM COM 950810101 10,749 358,058 SH   SOLE   287,570 0 70,488
XL GROUP PLC SHS COM G98290102 25,457 649,739 SH   SOLE   649,739 0 0