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
AEGON N V NY REGISTRY SH COM 007924103 2,534 446,877 SH   SOLE   61,283 0 385,594
AEGON N V NY REGISTRY SH COM 007924103 54 9,575 SH   OTR   0 0 9,575
AEGON N V PERP CAP FLTG PREFERRED STOCKS 007924509 549 22,767 SH   SOLE   3,640 0 19,127
AEGON N V SUB NT 8%42 PREFERRED STOCKS 007924608 708 25,700 SH   SOLE   6,800 0 18,900
ALAMO GROUP INC COM COM 011311107 4,249 81,561 SH   SOLE   8,600 0 72,961
ALLIANT CORP COM COM 018802108 8,894 142,419 SH   SOLE   39,009 0 103,410
ALLIANT CORP COM COM 018802108 100 1,600 SH   OTR   0 0 1,600
AMERICAN WOODMARK CORP COM COM 030506109 4,657 58,231 SH   SOLE   3,800 0 54,431
APPLE COMPUTER INC COM COM 037833100 399 3,795 SH   SOLE   0 0 3,795
APPLIED INDL TECHNLGIES INC CO COM 03820C105 11,819 291,894 SH   SOLE   27,885 0 264,009
ARGO GROUP INTL HLDGS LTD COM COM G0464B107 10,112 168,980 SH   SOLE   20,250 0 148,730
ARGO GROUP US INC SR NT 42 PREFERRED STOCKS 040130205 1,254 49,264 SH   SOLE   18,993 0 30,271
ASIA FINANCIAL HOLDINGS LTD SH COM G0532X107 5,103 13,182,415 SH   SOLE   2,776,086 0 10,406,329
ASPEN INSURANCE HOLDINGS LTDSH COM G05384105 314 6,500 SH   SOLE   0 0 6,500
ASTRO-MED INC NEW COM COM 04638F108 1,784 123,436 SH   SOLE   52,950 0 70,486
ATMOS ENERGY CORP COM COM 049560105 1,437 22,800 SH   SOLE   2,500 0 20,300
BANG & OLUFSEN HLG ORD B COM K07774126 6,974 578,110 SH   SOLE   127,109 0 451,001
BERKLEY W R CORP COM COM 084423102 1,332 24,322 SH   SOLE   0 0 24,322
BLACKROCK MUNIHOLDINGS FD INCO MUTUAL FUNDS 09253N104 212 12,369 SH   SOLE   0 0 12,369
BLACKROCK NY INS MUN INC TR CO MUTUAL FUNDS 09249U105 235 17,147 SH   SOLE   17,147 0 0
BLUE RIDGE REAL ESTATE CO COM COM 096005301 146 17,406 SH   SOLE   14,772 0 2,634
BOART LONGYEAR LTD SYDNEY NSSH COM Q1645L104 1 17,250 SH   SOLE   17,250 0 0
BOEING CO COM 097023105 4,482 30,999 SH   SOLE   74 0 30,925
BOULDER GROWTH & INCOME FD ICO COM 101507101 167 21,560 SH   SOLE   10,560 0 11,000
BRISTOL MYERS SQUIBB CO COM 110122108 884 12,848 SH   SOLE   9,293 0 3,555
BROADWAY FINL CORP DEL COM COM 111444105 2,032 1,345,776 SH   SOLE   145,138 0 1,200,638
BROADWIND ENERGY INC COM NEW COM 11161T207 1,674 804,668 SH   SOLE   199,072 0 605,596
BRUNSWICK BANCORP INC COM COM 117030106 233 44,352 SH   SOLE   44,352 0 0
CALLAWAY GOLF CO COM COM 131193104 8,217 872,243 SH   SOLE   199,875 0 672,368
CALLAWAY GOLF CO COM COM 131193104 26 2,800 SH   OTR   0 0 2,800
CAPE BANCORP INC COM COM 139209100 1,970 158,481 SH   SOLE   19,607 0 138,874
CAPITAL SOUTHWEST CORP COM COM 140501107 1,839 132,528 SH   SOLE   0 0 132,528
CASTLE A M & CO COM 148411101 1,512 951,246 SH   SOLE   120,212 0 831,034
CHUBU NIPPON BROADCAST CO LTSH COM J06594105 2,331 418,937 SH   SOLE   33,000 0 385,937
CIMAREX ENERGY CO COM COM 171798101 2,067 23,131 SH   SOLE   3,300 0 19,831
CISCO SYS INC COM COM 17275R102 202 7,440 SH   SOLE   0 0 7,440
CLIFTON BANCORP INC COM COM 186873105 3,872 269,985 SH   SOLE   91,420 0 178,565
COCA COLA CO COM COM 191216100 304 7,066 SH   SOLE   0 0 7,066
CONSOLIDATED TOMOKA LD CO COM COM 210226106 1,994 37,834 SH   SOLE   7,550 0 30,284
CSW INDUSTRIALS INC COM COM 126402106 3,469 92,100 SH   SOLE   0 0 92,100
CURRENCYSHARES EURO TRUST COM 23130C108 628 5,900 SH   SOLE   1,700 0 4,200
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 3,970 1,147,293 SH   SOLE   189,769 0 957,524
DEVON ENERGY CORP NEW COM COM 25179M103 724 22,637 SH   SOLE   6,500 0 16,137
ECOLAB INC COM COM 278865100 732 6,400 SH   SOLE   0 0 6,400
EKORNES ASA ORD COM R20126109 5,192 459,936 SH   SOLE   135,964 0 323,972
EKORNES ASA ORD COM R20126109 61 5,400 SH   OTR   0 0 5,400
EMC INS GROUP INC COM 268664109 4,859 192,046 SH   SOLE   74,458 0 117,588
EMC INS GROUP INC COM 268664109 57 2,250 SH   OTR   0 0 2,250
ENERGY TRANSFER PRTNRS L P UNI COM 29273R109 1,541 45,686 SH   SOLE   7,821 0 37,865
ENERPLUS CORPORATION COM 292766102 2,873 840,092 SH   SOLE   229,984 0 610,107
EVEREST RE GROUP COM G3223R108 16,912 92,369 SH   SOLE   17,569 0 74,800
EXPRESS SCRIPTS HOLDING COMPAN COM 30219G108 1,922 21,985 SH   SOLE   17,416 0 4,569
EXXON MOBIL CORPORATION COM 30231G102 3,562 45,701 SH   SOLE   2,000 0 43,701
FAIRFAX FINL HLDGS LTD CONINGE WARRANT AND RIGH 303901110 0 41,000 SH   SOLE   0 0 41,000
FIBRIA CELULOSE S.A. SP ADR COM 31573A109 5,024 395,881 SH   SOLE   74,452 0 321,429
FIRST SOLAR INC COM COM 336433107 1,561 23,650 SH   SOLE   5,450 0 18,200
FOREST CITY ENTERPRISES CLASS COM 345550107 10,174 463,915 SH   SOLE   28,400 0 435,515
FOREST CITY ENTERPRISES CLASS COM 345550305 488 22,300 SH   SOLE   0 0 22,300
FREQUENCY ELECTRS INC COM COM 358010106 3,535 332,885 SH   SOLE   67,522 0 265,363
FRIEDMAN INDS INC COM 358435105 257 46,545 SH   SOLE   17,600 0 28,945
FUEL SYS SOLUTIONS INC COM COM 35952W103 3,290 672,783 SH   SOLE   68,226 0 604,557
FUEL TECH INC COM COM 359523107 1,575 833,094 SH   SOLE   118,819 0 714,275
GASFRAC ENERGY SVCS INC COM COM 367257201 0 742,800 SH   SOLE   0 0 742,800
GENERAL DYNAMICS CORP COM COM 369550108 2,747 20,000 SH   SOLE   0 0 20,000
GENERAL ELEC CO COM 369604103 793 25,453 SH   SOLE   0 0 25,453
GENESIS LAND DEV CORP COM COM 37183V102 751 380,300 SH   SOLE   4,500 0 375,800
GIVAUDAN AG GDR COM H3238Q102 468 257 SH   SOLE   0 0 257
GLOBAL TECH ADVANCED INNOVATIO COM G39320117 1,809 219,248 SH   SOLE   47,590 0 171,658
GORMAN RUPP CO COM 383082104 10,281 384,636 SH   SOLE   88,054 0 296,582
GORMAN RUPP CO COM 383082104 114 4,270 SH   OTR   0 0 4,270
HANOVER INS GROUP INC COM COM 410867105 2,631 32,350 SH   SOLE   7,000 0 25,350
HARDINGE INC COM COM 412324303 2,571 275,895 SH   SOLE   48,329 0 227,566
HELMERICH & PAYNE INC COM 423452101 8,201 153,145 SH   SOLE   18,600 0 134,545
HELMERICH & PAYNE INC COM 423452101 102 1,900 SH   OTR   0 0 1,900
HESKA CORP COM RESTRC NEW COM 42805E306 9,510 245,864 SH   SOLE   19,401 0 226,463
HMN FINL INC COM COM 40424G108 2,117 183,319 SH   SOLE   31,500 0 151,819
HOLMEN AB SHS B COM W4200N112 4,817 155,117 SH   SOLE   36,995 0 118,122
INGREDION INC COM COM 457187102 5,666 59,120 SH   SOLE   7,200 0 51,920
INVESTORS REAL ESTATE TR SH BE COM 461730103 5,804 835,141 SH   SOLE   204,043 0 631,098
INVESTORS REAL ESTATE TR SH BE COM 461730103 94 13,500 SH   OTR   0 0 13,500
JOHNSON & JOHNSON COM COM 478160104 5,727 55,754 SH   SOLE   0 0 55,754
JOHNSON & JOHNSON COM COM 478160104 82 800 SH   OTR   0 0 800
KEWEENAW LD ASSN LTD COM COM 493026108 357 4,403 SH   SOLE   473 0 3,930
KID BRANDS, INC. COM COM 49375T100 0 329,769 SH   SOLE   15,800 0 313,969
KIMBALL ELECTRONICS INC COM COM 49428J109 809 73,591 SH   SOLE   18,150 0 55,441
KIMBALL INTL INC CL B COM 494274103 944 96,672 SH   SOLE   24,200 0 72,472
KIMCO RLTY CORP COM COM 49446R109 2,104 79,502 SH   SOLE   1,400 0 78,102
LECHTERS INC 20010927 CONVERTIBLE BOND U52323AA7 0 385,000 PRN   SOLE   35,000 0 350,000
LUBYS CAFETERIAS INC COM COM 549282101 1,598 357,464 SH   SOLE   61,075 0 296,389
LYDALL INC COM COM 550819106 8,986 253,259 SH   SOLE   19,652 0 233,607
MAGAL SECURITY SYS LTD ORD COM M6786D104 4,995 1,176,563 SH   SOLE   234,579 0 941,984
MANULIFE FINL CORP COM COM 56501R106 3,558 237,500 SH   SOLE   45,450 0 192,050
MERCK & COMPANY COM 58933Y105 1,644 31,126 SH   SOLE   6,000 0 25,126
MERCK & COMPANY COM 58933Y105 55 1,033 SH   OTR   0 0 1,033
METLIFE INC COM COM 59156R108 964 20,000 SH   SOLE   0 0 20,000
MFS GOVT MKTS INCOME TR SH BEN MUTUAL FUNDS 552939100 335 63,230 SH   SOLE   11,756 0 51,474
MICROSOFT CORP COM COM 594918104 409 7,365 SH   SOLE   0 0 7,365
MICROSOFT CORP COM COM 594918104 67 1,200 SH   OTR   0 0 1,200
MOOG INC CL A COM 615394202 205 3,375 SH   SOLE   0 0 3,375
MS&AD INS GP HLDG (8725-JP) COM J4687C105 2,850 96,302 SH   SOLE   61,439 0 34,863
MURPHY OIL CORP COM COM 626717102 7,315 325,850 SH   SOLE   69,900 0 255,950
MURPHY OIL CORP COM COM 626717102 63 2,800 SH   OTR   0 0 2,800
NAUGATUCK VY FINL CORP COM 63906P107 4,136 377,673 SH   SOLE   97,857 0 279,816
NEW YORK & CO INC COM COM 649295102 1,030 449,739 SH   SOLE   60,600 0 389,139
NOVA LIFESTYLE INC COM COM 66979P102 87 48,100 SH   SOLE   28,100 0 20,000
NUCOR CORP COM 670346105 10,893 270,287 SH   SOLE   42,035 0 228,252
ORION ENERGY SYSTEMS INC COM COM 686275108 34 15,883 SH   SOLE   0 0 15,883
ORION MARINE GROUP INC COM COM 68628V308 3,052 731,783 SH   SOLE   97,490 0 634,293
ORYX INTERNATIONAL GROWTH FUND COM G6775Y108 334 34,964 SH   SOLE   0 0 34,964
PATTERSON-UTI ENERGY INC COM COM 703481101 1,802 119,500 SH   SOLE   5,900 0 113,600
PENGROWTH ENERGY CORPORATION COM 70706P104 2,298 3,133,928 SH   SOLE   844,676 0 2,289,252
PENGROWTH ENERGY CORPORATION COM 70706P104 28 38,000 SH   OTR   0 0 38,000
PENN WEST PETROLEUM LTD COM 707887105 1,036 1,239,020 SH   SOLE   544,260 0 694,760
PEPSICO INC COM 713448108 6,447 64,518 SH   SOLE   20,150 0 44,368
PFIZER INC COM COM 717081103 483 14,973 SH   SOLE   0 0 14,973
PHOENIX COMPANIES INC COM NEW COM 71902E604 8,721 235,445 SH   SOLE   18,870 0 216,575
PHOENIX COS INC NEW QUIBS 2032 PREFERRED STOCKS 71902E208 5,375 263,633 SH   SOLE   102,431 0 161,202
RAYONIER ADVANCED MATLS INC CO COM 75508B104 3,550 362,571 SH   SOLE   61,881 0 300,690
RAYONIER ADVANCED MATLS INC CO COM 75508B104 5 500 SH   OTR   0 0 500
RAYONIER INC COM COM 754907103 4,287 193,087 SH   SOLE   18,300 0 174,787
RAYONIER INC COM COM 754907103 78 3,500 SH   OTR   0 0 3,500
RENESOLA LTD SPONS ADS COM 75971T103 63 36,901 SH   SOLE   0 0 36,901
ROCHE HLDG LTD DIV RIGHTS CERT WARRANT AND RIGH H69293217 5,522 20,000 SH   SOLE   0 0 20,000
ROYAL DUTCH SHELL PLC SPONS AD COM 780259206 1,188 25,950 SH   SOLE   0 0 25,950
ROYCE GLOBAL VALUE TR INC COM COM 78081T104 225 30,141 SH   SOLE   27,559 0 2,582
ROYCE OTC MICRO-CAP FD INC COM COM 780915104 294 40,542 SH   SOLE   33,265 0 7,277
SCHULMAN A INC COM COM 808194104 2,516 82,110 SH   SOLE   25,100 0 57,010
SCHULMAN A INC COM COM 808194104 55 1,800 SH   OTR   0 0 1,800
SI FINANCIAL GROUP INC COM 78425V104 1,269 92,981 SH   SOLE   32,336 0 60,645
SIGNET JEWELERS LIMITED SHS COM G81276100 2,012 16,270 SH   SOLE   2,500 0 13,770
STATE AUTO FINL CORP COM 855707105 764 37,100 SH   SOLE   900 0 36,200
STEPAN CHEMICAL CO COM 858586100 8,400 169,058 SH   SOLE   27,356 0 141,702
SUMMIT HOTEL PPTYS INC COM COM 866082100 1,124 94,049 SH   SOLE   18,850 0 75,199
TETHYS PETROLEUM LIMITED USD O COM G87636109 2 30,000 SH   SOLE   0 0 30,000
TEXTAINER GROUP HOLDINGS LTDSH COM G8766E109 5,078 359,886 SH   SOLE   77,825 0 282,061
TEXTAINER GROUP HOLDINGS LTDSH COM G8766E109 55 3,900 SH   OTR   0 0 3,900
TITAN INTL INC ILL COM COM 88830M102 1,658 420,770 SH   SOLE   68,000 0 352,770
TOKIO MARINE HOLDINGS INC COM 889094108 2,201 56,195 SH   SOLE   25,670 0 30,525
TOKIO MARINE HOLDINGS INC SHS COM J86298106 235 6,000 SH   SOLE   0 0 6,000
TOURMALINE OIL CORP COM COM 89156V106 2,011 124,401 SH   SOLE   26,859 0 97,542
TUESDAY MORNING CORP COM NEW COM 899035505 3,427 527,183 SH   SOLE   20,600 0 506,583
TWIN DISC INC COM COM 901476101 1,658 157,584 SH   SOLE   22,953 0 134,631
TWIN DISC INC COM COM 901476101 38 3,600 SH   OTR   0 0 3,600
UNITED PARCEL SVC INC CL B COM 911312106 5,292 54,990 SH   SOLE   0 0 54,990
UNITED TECHNOLOGIES CORP COM 913017109 288 3,000 SH   SOLE   0 0 3,000
UNUMPROVIDENT CORP COM 91529Y106 19,146 575,141 SH   SOLE   63,695 0 511,446
UNUMPROVIDENT CORP COM 91529Y106 49 1,460 SH   OTR   0 0 1,460
URSTADT BIDDLE PPTYS INC CL A COM 917286205 3,701 192,377 SH   SOLE   37,829 0 154,548
URSTADT BIDDLE PPTYS INC CL A COM 917286205 38 2,000 SH   OTR   0 0 2,000
USA TRUCK INC COM COM 902925106 6,272 359,415 SH   SOLE   64,556 0 294,859
VECTREN CORP COM COM 92240G101 1,087 25,635 SH   SOLE   1,599 0 24,036
VESTAS WIND SYS AS UNSP ADR COM 925458101 1,200 51,100 SH   SOLE   25,600 0 25,500
WAL MART STORES INC COM 931142103 375 6,114 SH   SOLE   0 0 6,114
WASHINGTON REAL ESTATE INVT SH COM 939653101 2,210 81,660 SH   SOLE   41,760 0 39,900
WASHINGTON REAL ESTATE INVT SH COM 939653101 65 2,400 SH   OTR   0 0 2,400
WASHINGTONFIRST BANKSHARES ICO COM 940730104 2,438 107,706 SH   SOLE   21,791 0 85,915
WATSCO INC COM 942622200 6,729 57,450 SH   SOLE   22,350 0 35,100
WEST MARINE INC COM COM 954235107 382 44,999 SH   SOLE   6,338 0 38,661
WEST PHARMACEUTICAL SVCS INCCO COM 955306105 3,821 63,446 SH   SOLE   11,666 0 51,780
WESTERN ASSET CLYM INFL OPP CO MUTUAL FUNDS 95766R104 2,097 203,759 SH   SOLE   76,904 0 126,855
WESTERN ASSET CLYM INFL OPP CO MUTUAL FUNDS 95766R104 86 8,400 SH   OTR   0 0 8,400
WESTERN ASSET CLYM INFL SEC CO MUTUAL FUNDS 95766Q106 1,397 132,149 SH   SOLE   51,070 0 81,079
WESTPORT INNOVATIONS INC COM N COM 960908309 116 57,800 SH   SOLE   27,000 0 30,800
WESTROCK CO COM COM 96145D105 6,945 152,226 SH   SOLE   32,233 0 119,993
WESTROCK CO COM COM 96145D105 36 780 SH   OTR   0 0 780
WILLIAMS SONOMA INC COM COM 969904101 2,763 47,300 SH   SOLE   13,100 0 34,200