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 2,510 29,848 SH   SOLE   15,696 0 14,152
AGCO CORP COM COM 001084102 2,035 26,230 SH   SOLE   15,550 0 10,680
AKAMAI TECHNOLOGIES INC COM COM 00971T101 968 12,079 SH   SOLE   2,243 0 9,836
ALLIANCEBERNSTEIN HOLDING LP U COM 01881G106 1,454 48,907 SH   SOLE   48,907 0 0
ALLSTATE CORP COM COM 020002101 8,297 81,594 SH   SOLE   69,202 0 12,392
AMERICAN EAGLE OUTFITTERS NEW COM 02553E106 22,114 1,308,497 SH   SOLE   860,511 0 447,986
AMERICAN SOFTWARE INC CL A COM 029683109 3,750 285,147 SH   SOLE   255,974 0 29,173
ANALOG DEVICES INC COM COM 032654105 1,977 17,517 SH   SOLE   9,520 0 7,997
ARK RESTAURANTS CORP COM COM 040712101 5,493 268,588 SH   SOLE   247,550 0 21,038
ARTESIAN RESOURCES CORP CL A COM 043113208 3,428 92,228 SH   SOLE   82,790 0 9,438
ASSOCIATED BANC CORP COM COM 045487105 15,205 719,255 SH   SOLE   389,646 0 329,609
ATKORE INTL GROUP INC COM COM 047649108 13,103 506,496 SH   SOLE   297,846 0 208,650
BANKFINANCIAL CORP COM COM 06643P104 2,318 165,664 SH   SOLE   148,697 0 16,967
BAXTER INTL INC COM COM 071813109 2,820 34,434 SH   SOLE   16,417 0 18,017
BED BATH & BEYOND INC COM COM 075896100 5,592 481,212 SH   SOLE   274,329 0 206,883
BERRY GLOBAL GROUP INC COM COM 08579W103 2,099 39,916 SH   SOLE   22,309 0 17,607
BONANZA CREEK ENERGY INC COM N COM 097793400 3,103 148,622 SH   SOLE   133,509 0 15,113
BOULDER GROWTH & INCOME FD INC COM 101507101 1,423 126,578 SH   SOLE   126,578 0 0
BRANDYWINE RLTY TR SH BEN INT COM 105368203 18,948 1,323,179 SH   SOLE   752,838 0 570,341
C&J ENERGY SVCS INC NEW COM COM 12674R100 9,008 764,697 SH   SOLE   421,144 0 343,553
CABLE ONE INC COM COM 12685J105 17,271 14,749 SH   SOLE   8,420 0 6,329
CABOT OIL & GAS CORP COM COM 127097103 849 36,958 SH   SOLE   7,670 0 29,288
CALERES INC COM COM 129500104 8,678 435,624 SH   SOLE   248,875 0 186,749
CAPITAL CITY BK GROUP INC COM COM 139674105 2,398 96,513 SH   SOLE   86,647 0 9,866
CATCHMARK TIMBER TR INC CL A COM 14912Y202 6,394 611,823 SH   SOLE   550,028 0 61,795
CATO CORP NEW CL A COM 149205106 3,666 297,578 SH   SOLE   272,661 0 24,917
CBIZ INC COM COM 124805102 4,876 248,907 SH   SOLE   223,501 0 25,406
CENTRAL VALLEY CMNTY BANCORP C COM 155685100 3,574 166,448 SH   SOLE   149,451 0 16,997
CIENA CORP COM NEW COM 171779309 14,976 364,121 SH   SOLE   208,025 0 156,096
CISCO SYS INC COM COM 17275R102 7,705 140,783 SH   SOLE   121,476 0 19,307
CIT GROUP INC COM NEW COM 125581801 1,417 26,962 SH   SOLE   5,518 0 21,444
CITIZENS FINL GROUP INC COM COM 174610105 6,426 181,722 SH   SOLE   179,062 0 2,660
CITY OFFICE REIT INC COM COM 178587101 5,354 446,547 SH   SOLE   400,900 0 45,647
COLLECTORS UNIVERSE INC COM NE COM 19421R200 3,861 180,921 SH   SOLE   162,476 0 18,445
COMMERCIAL VEH GROUP INC COM COM 202608105 2,944 367,078 SH   SOLE   329,785 0 37,293
COMMUNITY TR BANCORP INC COM COM 204149108 18,785 444,204 SH   SOLE   276,259 0 167,945
CONOCOPHILLIPS COM COM 20825C104 6,575 107,793 SH   SOLE   91,934 0 15,859
CONTINENTAL BLDG PRODS INC COM COM 211171103 3,552 133,681 SH   SOLE   120,036 0 13,645
COUSINS PPTYS INC COM COM 222795502 19,007 525,503 SH   SOLE   299,311 0 226,192
CSX CORP COM COM 126408103 1,175 15,182 SH   SOLE   2,810 0 12,372
DESIGNER BRANDS INC CL A COM 250565108 747 38,990 SH   SOLE   38,990 0 0
DUCOMMUN INC DEL COM COM 264147109 5,889 130,657 SH   SOLE   117,262 0 13,395
EASTMAN CHEMICAL CO COM COM 277432100 901 11,572 SH   SOLE   1,608 0 9,964
EMC INS GROUP INC COM COM 268664109 4,856 134,781 SH   SOLE   121,848 0 12,933
EMPLOYERS HOLDINGS INC COM COM 292218104 5,152 121,888 SH   SOLE   109,419 0 12,469
ENCOMPASS HEALTH CORP COM COM 29261A100 1,247 19,686 SH   SOLE   4,000 0 15,686
ENSIGN GROUP INC COM COM 29358P101 10,240 179,896 SH   SOLE   102,906 0 76,990
EXPEDIA GROUP INC COM NEW COM 30212P303 1,133 8,519 SH   SOLE   1,572 0 6,947
FABRINET SHS COM G3323L100 8,258 166,255 SH   SOLE   94,684 0 71,571
FBL FINL GROUP INC CL A COM 30239F106 12,819 200,924 SH   SOLE   114,652 0 86,272
FIRST BANCORP N C COM COM 318910106 3,252 89,294 SH   SOLE   80,157 0 9,137
FIRST CMNTY BANKSHARES INC NEV COM 31983A103 4,886 144,719 SH   SOLE   129,909 0 14,810
FIRST HAWAIIAN INC COM COM 32051X108 8,228 318,034 SH   SOLE   193,225 0 124,809
FIRST HORIZON NATL CORP COM COM 320517105 16,367 1,096,255 SH   SOLE   653,542 0 442,713
FORTRESS TRANS INFRST INVS LLC COM 34960P101 1,311 86,826 SH   SOLE   86,826 0 0
FORWARD AIR CORP COM COM 349853101 18,116 306,269 SH   SOLE   171,180 0 135,089
FOSTER L B CO COM COM 350060109 4,592 167,973 SH   SOLE   154,652 0 13,321
FOUNDATION BLDG MATLS INC COM COM 350392106 8,125 456,999 SH   SOLE   416,315 0 40,684
FULTON FINL CORP PA COM COM 360271100 13,940 851,529 SH   SOLE   487,058 0 364,471
GIBRALTAR INDS INC COM COM 374689107 19,915 493,439 SH   SOLE   277,426 0 216,013
GRAPHIC PACKAGING HLDG CO COM COM 388689101 14,664 1,048,924 SH   SOLE   589,312 0 459,612
GREENBRIER COS INC COM COM 393657101 16,618 546,652 SH   SOLE   325,797 0 220,855
GREENHILL & CO INC COM COM 395259104 10,433 767,728 SH   SOLE   499,931 0 267,797
HANCOCK WHITNEY CORPORATION CO COM 410120109 11,235 280,447 SH   SOLE   159,012 0 121,435
HANGER INC COM NEW COM 41043F208 3,013 157,349 SH   SOLE   141,283 0 16,066
HARVARD BIOSCIENCE INC COM COM 416906105 2,311 1,155,376 SH   SOLE   1,037,630 0 117,746
HELIX ENERGY SOLUTIONS GRP INC COM 42330P107 4,700 544,619 SH   SOLE   497,921 0 46,698
HERSHA HOSPITALITY TR PR SHS B COM 427825500 19,979 1,207,909 SH   SOLE   779,713 0 428,196
HOMETRUST BANCSHARES INC COM COM 437872104 3,203 127,400 SH   SOLE   114,370 0 13,030
HOWARD HUGHES CORP COM COM 44267D107 1,486 11,997 SH   SOLE   3,345 0 8,652
HUB GROUP INC CL A COM 443320106 12,506 297,905 SH   SOLE   167,635 0 130,270
HUNT J B TRANS SVCS INC COM COM 445658107 976 10,675 SH   SOLE   10,675 0 0
HUNTSMAN CORP COM COM 447011107 5,451 266,670 SH   SOLE   262,666 0 4,004
HURCO COMPANIES INC COM COM 447324104 3,114 87,558 SH   SOLE   80,418 0 7,140
INDEPENDENCE RLTY TR INC COM COM 45378A106 5,227 451,765 SH   SOLE   406,195 0 45,570
INNOPHOS HOLDINGS INC COM COM 45774N108 2,793 95,937 SH   SOLE   86,114 0 9,823
INTEGER HLDGS CORP COM COM 45826H109 13,240 157,775 SH   SOLE   90,018 0 67,757
ISTAR INC COM COM 45031U101 7,913 637,087 SH   SOLE   578,937 0 58,150
JPMORGAN CHASE & CO COM COM 46625H100 1,857 16,611 SH   SOLE   2,300 0 14,311
KAISER ALUMINUM CORP COM PAR $ COM 483007704 13,606 139,395 SH   SOLE   84,818 0 54,577
KENNAMETAL INC COM COM 489170100 10,791 291,732 SH   SOLE   176,563 0 115,169
KENNEDY-WILSON HLDGS INC COM COM 489398107 17,682 859,592 SH   SOLE   500,029 0 359,563
KIMBALL ELECTRONICS INC COM COM 49428J109 2,969 182,829 SH   SOLE   164,121 0 18,708
KITE RLTY GROUP TR COM NEW COM 49803T300 7,986 527,801 SH   SOLE   300,271 0 227,530
KOHLS CORP COM COM 500255104 1,707 35,903 SH   SOLE   20,970 0 14,933
KULICKE & SOFFA INDS INC COM COM 501242101 4,511 200,054 SH   SOLE   179,644 0 20,410
LIBERTY PPTY TR SH BEN INT COM 531172104 991 19,800 SH   SOLE   5,277 0 14,523
LYON WILLIAM HOMES CL A NEW COM 552074700 5,965 327,203 SH   SOLE   294,605 0 32,598
MARATHON OIL CORP COM COM 565849106 1,695 119,296 SH   SOLE   57,327 0 61,969
MARCUS CORP COM COM 566330106 4,552 138,118 SH   SOLE   124,020 0 14,098
MARTEN TRANS LTD COM COM 573075108 4,859 267,700 SH   SOLE   240,306 0 27,394
MASCO CORP COM COM 574599106 1,104 28,128 SH   SOLE   6,013 0 22,115
MASTERCRAFT BOAT HLDGS INC COM COM 57637H103 4,824 246,257 SH   SOLE   225,072 0 21,185
MERITAGE HOMES CORP COM COM 59001A102 9,919 193,210 SH   SOLE   110,340 0 82,870
MONDELEZ INTL INC CL A COM 609207105 1,130 20,973 SH   SOLE   3,868 0 17,105
MOOG INC CL A COM 615394202 24,681 263,658 SH   SOLE   185,639 0 78,019
MTS SYS CORP COM COM 553777103 3,021 51,615 SH   SOLE   46,347 0 5,268
NATIONAL BANKSHARES INC VA COM COM 634865109 3,319 85,266 SH   SOLE   76,606 0 8,660
NEWPARK RES INC COM PAR $.01NE COM 651718504 3,789 510,698 SH   SOLE   458,753 0 51,945
NEXSTAR MEDIA GROUP INC CL A COM 65336K103 21,793 215,771 SH   SOLE   147,201 0 68,570
NIC INC COM COM 62914B100 3,071 191,444 SH   SOLE   171,944 0 19,500
NORTHRIM BANCORP INC COM COM 666762109 3,100 86,920 SH   SOLE   78,023 0 8,897
NORTHWESTERN CORP COM NEW COM 668074305 18,371 254,624 SH   SOLE   145,206 0 109,418
OCEANEERING INTL INC COM COM 675232102 14,565 714,311 SH   SOLE   395,235 0 319,076
OLD NATL BANCORP IND COM COM 680033107 5,371 323,761 SH   SOLE   182,798 0 140,963
ORION ENGINEERED CARBONS S A C COM L72967109 22,123 1,033,307 SH   SOLE   674,719 0 358,588
ORTHOFIX MED INC COM COM 68752M108 15,986 302,309 SH   SOLE   197,479 0 104,830
PACIFIC MERCANTILE BANCORP COM COM 694552100 2,962 359,009 SH   SOLE   322,341 0 36,668
PATTERSON UTI ENERGY INC COM COM 703481101 2,149 186,735 SH   SOLE   92,749 0 93,986
PNC FINL SVCS GROUP INC COM COM 693475105 1,156 8,424 SH   SOLE   1,578 0 6,846
PORTLAND GEN ELEC CO COM NEW COM 736508847 19,156 353,623 SH   SOLE   201,634 0 151,989
PREFORMED LINE PRODS CO COM COM 740444104 4,139 74,546 SH   SOLE   68,577 0 5,969
PRESTIGE CONSMR HEALTHCARE INC COM 74112D101 11,744 370,719 SH   SOLE   211,166 0 159,553
PRICE T ROWE GROUP INC COM COM 74144T108 1,551 14,140 SH   SOLE   14,140 0 0
PROCTER & GAMBLE CO COM COM 742718109 1,536 14,004 SH   SOLE   2,586 0 11,418
PROGRESSIVE CORP OHIO COM COM 743315103 1,278 15,992 SH   SOLE   15,992 0 0
PROVIDENT FINL SVCS INC COM COM 74386T105 15,078 621,767 SH   SOLE   354,314 0 267,453
PRUDENTIAL FINL INC COM COM 744320102 8,853 87,650 SH   SOLE   75,514 0 12,136
PUBLIC SVC ENTERPRISE GROUP CO COM 744573106 2,751 46,768 SH   SOLE   28,902 0 17,866
QUANTA SVCS INC COM COM 74762E102 21,758 569,732 SH   SOLE   321,569 0 248,163
RADIAN GROUP INC COM COM 750236101 9,898 433,167 SH   SOLE   247,460 0 185,707
RADNET INC COM COM 750491102 16,653 1,207,609 SH   SOLE   821,065 0 386,544
REGAL BELOIT CORP COM COM 758750103 1,967 24,070 SH   SOLE   13,686 0 10,384
REGIONS FINL CORP NEW COM COM 7591EP100 984 65,883 SH   SOLE   12,327 0 53,556
RENAISSANCERE HOLDINGS LTD COM COM G7496G103 15,367 86,324 SH   SOLE   49,191 0 37,133
RGC RES INC COM COM 74955L103 4,036 132,250 SH   SOLE   118,709 0 13,541
ROCKY BRANDS INC COM COM 774515100 4,526 165,901 SH   SOLE   152,157 0 13,744
RUDOLPH TECHNOLOGIES INC COM COM 781270103 4,244 153,602 SH   SOLE   137,922 0 15,680
SANDY SPRING BANCORP INC COM COM 800363103 19,838 568,761 SH   SOLE   369,265 0 199,496
SLEEP NUMBER CORP COM COM 83125X103 8,932 221,145 SH   SOLE   126,049 0 95,096
SMITH & NEPHEW PLC SPDN ADR NE COM 83175M205 2,570 59,023 SH   SOLE   31,084 0 27,939
SOUTH ST CORP COM COM 840441109 14,368 195,038 SH   SOLE   129,278 0 65,760
SOUTHWEST GAS HOLDINGS INC COM COM 844895102 18,185 202,908 SH   SOLE   115,642 0 87,266
SP PLUS CORP COM COM 78469C103 5,126 160,535 SH   SOLE   144,123 0 16,412
SPX FLOW INC COM COM 78469X107 9,802 234,151 SH   SOLE   132,502 0 101,649
STAG INDL INC COM COM 85254J102 16,912 559,271 SH   SOLE   319,317 0 239,954
STEEL PARTNERS HLDGS L P LTD P COM 85814R107 1,501 107,242 SH   SOLE   107,242 0 0
STEEL PARTNERS HLDGS L P PFD S COM 85814R206 3,489 166,040 SH   SOLE   153,622 0 12,418
STERLING CONSTRUCTION CO INC C COM 859241101 8,208 611,588 SH   SOLE   556,726 0 54,862
TALOS ENERGY INC COM COM 87484T108 11,150 463,619 SH   SOLE   255,063 0 208,556
TERADYNE INC COM COM 880770102 22,505 469,729 SH   SOLE   277,521 0 192,208
TERRITORIAL BANCORP INC COM COM 88145X108 3,550 114,874 SH   SOLE   103,153 0 11,721
TORCHMARK CORP COM 891027AF1 1,472 16,455 SH   SOLE   3,430 0 13,025
TRANSCAT INC COM COM 893529107 5,924 231,515 SH   SOLE   207,821 0 23,694
TREEHOUSE FOODS INC COM COM 89469A104 10,239 189,264 SH   SOLE   107,742 0 81,522
TTM TECHNOLOGIES INC COM COM 87305R109 7,803 765,008 SH   SOLE   453,851 0 311,157
UNIFIRST CORP MASS COM COM 904708104 19,873 105,386 SH   SOLE   59,204 0 46,182
UNITED STATES LIME & MINERALS COM 911922102 4,636 57,955 SH   SOLE   52,024 0 5,931
UNITED TECHNOLOGIES CORP COM COM 913017109 1,340 10,290 SH   SOLE   1,889 0 8,401
UNITIL CORP COM COM 913259107 4,833 80,690 SH   SOLE   72,436 0 8,254
URBAN OUTFITTERS INC COM COM 917047102 8,565 376,466 SH   SOLE   215,065 0 161,401
VERA BRADLEY INC COM COM 92335C106 3,446 287,186 SH   SOLE   257,891 0 29,295
VERIZON COMMUNICATIONS INC COM COM 92343V104 7,747 135,601 SH   SOLE   112,152 0 23,449
WASHINGTON FED INC COM COM 938824109 17,218 492,919 SH   SOLE   280,561 0 212,358
WESBANCO INC COM COM 950810101 7,860 203,896 SH   SOLE   115,157 0 88,739
WESTERN NEW ENG BANCORP INC CO COM 958892101 2,675 286,425 SH   SOLE   257,124 0 29,301
WPX ENERGY INC COM COM 98212B103 11,410 991,336 SH   SOLE   618,410 0 372,926
XCEL ENERGY INC COM COM 98389B100 1,460 24,540 SH   SOLE   5,237 0 19,303