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
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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
ABM Industries Inc COM 000957100 21,427 745,547 SH   SOLE   745,547 0 0
Acadia Realty Trust COM SH BEN INT 004239109 528 19,999 SH   SOLE   19,999 0 0
Actuant Corp. CL A 00508X203 14,862 435,210 SH   SOLE   435,210 0 0
AK Steel Corp. COM 001547108 5,136 711,375 SH   SOLE   711,375 0 0
Alamo Group, Inc. COM 011311107 24,992 460,001 SH   SOLE   460,001 0 0
Alexander's, Inc. COM 014752109 1,805 5,000 SH   SOLE   5,000 0 0
Alico, Inc. COM 016230104 12,638 335,217 SH   SOLE   335,217 0 0
Alleghany Corp. COM 017175100 6,228 15,289 SH   OTR 1 15,289 0 0
Alleghany Corp. COM 017175100 85,547 209,992 SH   SOLE   209,992 0 0
Allied Nevada Gold COM 019344100 8,455 1,961,723 SH   SOLE   1,961,723 0 0
Allscripts Healthcare Sol., Inc. COM 01988P108 30,808 1,708,718 SH   SOLE   1,708,718 0 0
American Homes 4 Rent CL A 02665T306 14,717 880,720 SH   SOLE   880,720 0 0
Annaly Capital Mgmt, Inc. COM 035710409 145 13,215 SH   SOLE   13,215 0 0
Apache Corp COM 037411105 7,935 95,655 SH   OTR 1 95,655 0 0
Apache Corp COM 037411105 114,683 1,382,558 SH   SOLE   1,380,685 0 1,873
Arch Capital Group Ltd. ORD G0450A105 27,419 476,524 SH   SOLE   476,524 0 0
Ares Dynamic Cr Allocation Fd, Inc. COM 04014F102 5,962 329,003 SH   SOLE   329,003 0 0
Ascena Retail Group, Inc. COM 04351G101 8,247 477,260 SH   SOLE   477,260 0 0
AVX Corporation COM 002444107 17,197 1,304,789 SH   SOLE   1,304,789 0 0
Axiall Corporation COM 05463D100 56,052 1,247,819 SH   SOLE   1,247,819 0 0
Babson Cap Glb Sht Dur Hi Yd Fd COM 05617T100 2,014 84,032 SH   SOLE   84,032 0 0
Bank of NY Mellon Corp. COM 064058100 23,146 655,890 SH   OTR 1 655,890 0 0
Bank of NY Mellon Corp. COM 064058100 163,752 4,640,182 SH   SOLE   4,632,812 0 7,370
Barrick Gold Corp. COM 067901108 3,656 205,069 SH   SOLE   205,069 0 0
Big Lots, Inc. COM 089302103 20,703 546,692 SH   SOLE   546,692 0 0
BlackRock Corp Hi Yld Fd III Inc COM 09255P107 4,079 332,703 SH   SOLE   332,703 0 0
BlackRock Credit Allctn Inc Tr COM 092508100 13,942 1,031,228 SH   SOLE   1,031,228 0 0
Blucora, Inc. COM 095229100 15,260 775,011 SH   SOLE   775,011 0 0
Bristow Group Inc. COM 110394103 23,436 310,322 SH   SOLE   307,194 0 3,128
Broadridge Financial Sol. Inc. COM 11133T103 14,609 393,358 SH   SOLE   393,358 0 0
Brookdale Sr Living Inc. COM 112463104 345 10,299 SH   OTR 1 10,299 0 0
Brookdale Sr Living Inc. COM 112463104 62,884 1,876,566 SH   SOLE   1,876,566 0 0
Brookfield Asset Mgmt. CL A LTD VT SH 112585104 15,085 369,274 SH   OTR 1 369,274 0 0
Brookfield Asset Mgmt. CL A LTD VT SH 112585104 154,875 3,791,315 SH   SOLE   3,787,387 0 3,928
Brookfield Property Part. L.P UNIT LTD PARTN G16249107 499 26,692 SH   SOLE   26,692 0 0
Cal Maine Foods, Inc. COM 128030202 25,276 402,616 SH   SOLE   402,616 0 0
Capital One Financial W EXP 11/14/2018 14040H139 530 15,000 SH   SOLE   15,000 0 0
Capital Southwest COM 140501107 7,374 212,372 SH   SOLE   212,372 0 0
Capstead Mortgage Corp. COM NO PAR 14067E506 158 12,500 SH   SOLE   12,500 0 0
Cass Information Sys., Inc. COM 14808P109 5,005 97,070 SH   SOLE   97,070 0 0
Cavco Industries, Inc. COM 149568107 151,860 1,935,758 SH   SOLE   1,935,758 0 0
Cedar Shopping Centers Inc. COM 150602209 489 80,000 SH   SOLE   80,000 0 0
Chiquita Brands Int'l Inc. COM 170032809 3,040 244,155 SH   SOLE   244,155 0 0
City National Corp. COM 178566105 22,251 282,662 SH   SOLE   282,662 0 0
Cloud Peak Energy Inc. COM 18911Q102 9,848 465,868 SH   SOLE   465,868 0 0
Comerica Inc. W EXP 11/14/2018 200340115 2,915 130,000 SH   SOLE   130,000 0 0
Comerica Inc. COM 200340107 7,633 147,358 SH   OTR 1 147,358 0 0
Comerica Inc. COM 200340107 117,223 2,262,996 SH   SOLE   2,260,496 0 2,500
Commerce Bancshares, Inc. COM 200525103 21,520 463,588 SH   SOLE   463,588 0 0
CommonWealth REIT COM SH BEN INT 203233101 515 19,576 SH   OTR 1 19,576 0 0
CommonWealth REIT COM SH BEN INT 203233101 63,110 2,399,638 SH   SOLE   2,399,638 0 0
Compass Minerals Intl COM 20451N101 38,301 464,147 SH   SOLE   464,147 0 0
Consolidated Tomoka Ld Co. COM 210226106 519 12,875 SH   OTR 1 12,875 0 0
Consolidated Tomoka Ld Co. COM 210226106 20,971 520,621 SH   SOLE   520,621 0 0
Covanta Holding Corp. COM 22282E102 119,535 6,622,428 SH   SOLE   6,622,428 0 0
Cowen group Inc. CL A 223622101 3,202 726,106 SH   SOLE   726,106 0 0
CSG Sys. Int'l, Inc. COM 126349109 26,777 1,028,299 SH   SOLE   1,028,299 0 0
CST Brands, Inc COM 12646R105 15,420 493,587 SH   SOLE   493,587 0 0
Cubic, Corp. COM 229669106 21,092 413,011 SH   SOLE   413,011 0 0
Cullen Frost Bankers, Inc. COM 229899109 17,850 230,230 SH   SOLE   230,230 0 0
Darling Int'l Inc. COM 237266101 26,724 1,334,847 SH   SOLE   1,334,847 0 0
Denison Mines Corp. COM 248356107 1,839 1,245,100 SH   SOLE   1,245,100 0 0
Devon Energy Corp. COM 25179M103 18,079 270,116 SH   OTR 1 270,116 0 0
Devon Energy Corp. COM 25179M103 153,443 2,292,592 SH   SOLE   2,289,985 0 2,607
DWS High Inc Opp Fd Inc COM 23339M204 5,750 393,556 SH   SOLE   393,556 0 0
Electronics for Imaging Inc. COM 286082102 31,713 732,222 SH   SOLE   729,896 0 2,326
EMCOR Group, Inc. COM 29084Q100 43,816 936,449 SH   SOLE   936,449 0 0
Encana Corp. COM 292505104 11,500 537,895 SH   OTR 1 537,895 0 0
Encana Corp. COM 292505104 87,466 4,091,032 SH   SOLE   4,087,860 0 3,173
Encore Wire Corp. COM 292562105 17,469 360,115 SH   SOLE   360,115 0 0
EnerSys COM 29275Y102 39,702 572,989 SH   SOLE   572,989 0 0
ERA Group Inc. COM 26885G109 15,082 514,553 SH   SOLE   514,553 0 0
Excel Trust, Inc. COM 30068C109 13,475 1,062,676 SH   SOLE   1,062,676 0 0
ExlService Holdings Inc. COM 302081104 14,110 456,479 SH   SOLE   456,479 0 0
First Indust. Realty Tr, Inc. COM 32054K103 668 34,585 SH   OTR 1 34,585 0 0
First Indust. Realty Tr, Inc. COM 32054K103 82,383 4,264,126 SH   SOLE   4,264,126 0 0
First Trust Hi Inc Long/Sht Fd COM 33738E109 10,602 597,983 SH   SOLE   597,983 0 0
First Trust Strategic Hi IncFd II COM SHS NEW 337353304 2,932 184,032 SH   SOLE   184,032 0 0
Forest City Enter. Inc. CL A 345550107 941 49,269 SH   OTR 1 49,269 0 0
Forest City Enter. Inc. CL A 345550107 132,931 6,959,722 SH   SOLE   6,956,772 0 2,950
Forest Oil Corp. COM 346091705 7,640 4,000,000 SH   SOLE   4,000,000 0 0
FTI Consulting Inc. COM 302941109 32,311 969,135 SH   SOLE   969,135 0 0
General Motors Co. COM 37045V100 4,181 121,467 SH   SOLE   121,467 0 0
Genpact Ltd. COM G3922B107 37,453 2,149,998 SH   SOLE   2,149,998 0 0
Glatfelter P. H. Co. COM 377316104 24,338 894,140 SH   SOLE   894,140 0 0
HCC Insurance Holdings COM 404132102 56,162 1,234,598 SH   SOLE   1,234,598 0 0
Hersha Hospitality Trust SH BEN INT A 427825104 316 54,168 SH   OTR 1 54,168 0 0
Hersha Hospitality Trust SH BEN INT A 427825104 36,173 6,204,564 SH   SOLE   6,204,564 0 0
Hyatt Hotels Corp. CL A 448579102 256 4,750 SH   OTR 1 4,750 0 0
Hyatt Hotels Corp. CL A 448579102 24,678 458,613 SH   SOLE   458,613 0 0
ICF International, Inc. COM 44925C103 23,204 582,866 SH   SOLE   582,866 0 0
Ingram Micro Inc. CL A 457153104 15,292 517,330 SH   SOLE   517,330 0 0
Insight Enterprises, Inc. COM 45765U103 31,963 1,272,905 SH   SOLE   1,272,905 0 0
Insteel Industries Inc. COM 45774W108 10,006 508,683 SH   SOLE   508,683 0 0
Intel Corporation COM 458140100 84,054 3,256,638 SH   SOLE   3,256,638 0 0
Interdigital Inc. COM 45867G101 24,682 745,452 SH   SOLE   745,452 0 0
Kaiser Aluminum Corp. COM PAR $0.01 483007704 33,432 468,102 SH   SOLE   468,102 0 0
Kelly Services Inc. CL A 488152208 5,339 225,000 SH   SOLE   225,000 0 0
Kennametal Inc. COM 489170100 28,985 654,283 SH   SOLE   654,283 0 0
Keycorp COM 493267108 7,568 531,431 SH   OTR 1 531,431 0 0
Keycorp COM 493267108 115,511 8,111,710 SH   SOLE   8,100,758 0 10,952
Kimco Realty Corp COM 49446R109 570 26,045 SH   SOLE   26,045 0 0
Kinross Gold Corp. COM NO PAR 496902404 1,076 259,956 SH   SOLE   259,956 0 0
Legg Mason Inc. COM 524901105 42,880 874,388 SH   SOLE   874,388 0 0
Leucadia National Corp. COM 527288104 24,969 891,759 SH   OTR 1 891,759 0 0
Leucadia National Corp. COM 527288104 83,480 2,981,424 SH   SOLE   2,972,324 0 9,100
Liberty Media Corp. CL A 531229102 27,125 207,489 SH   SOLE   207,489 0 0
Lowe's Companies Inc. COM 548661107 750 15,340 SH   OTR 1 15,340 0 0
Lowe's Companies Inc. COM 548661107 88,872 1,817,417 SH   SOLE   1,817,417 0 0
LSB Industries Inc. COM 502160104 40,628 1,085,738 SH   SOLE   1,085,738 0 0
Madison Sq. Garden Inc. . CL A 55826P100 20,843 367,084 SH   SOLE   367,084 0 0
Mantech International Corp. CL A 564563104 25,400 863,640 SH   SOLE   860,090 0 3,550
MFS Intermediate Hi Inc Fd SH BEN INT 59318T109 1,549 524,984 SH   SOLE   524,984 0 0
Minerals Technologies Inc. COM 603158106 41,989 650,388 SH   SOLE   650,388 0 0
Multi-Color Corp. COM 625383104 28,933 826,659 SH   SOLE   826,659 0 0
Neuberger Berman Hi Yld Strat. Fd COM 64128C106 6,873 504,626 SH   SOLE   504,626 0 0
New America Hi Inc Fd, Inc COM 641876800 6,136 625,520 SH   SOLE   625,520 0 0
Noranda Aluminum Holding COM 65542W107 6,165 1,500,000 SH   SOLE   1,500,000 0 0
NVIDIA Corp COM 67066G104 62,911 3,512,635 SH   SOLE   3,505,191 0 7,444
Oshkosh Corp. COM 688239201 17,651 299,822 SH   SOLE   299,822 0 0
PHH Corp. COM 693320202 24,670 954,725 SH   SOLE   954,725 0 0
PIMCO Dynamic Credit Inc. Fd COM 72202D106 4,050 179,209 SH   SOLE   179,209 0 0
PNC Fin'l Serv. Gp W EXP 12/31/2018 693475121 30,285 1,283,250 SH   SOLE   1,283,250 0 0
Posco ADR 693483109 21,726 313,012 SH   OTR 1 313,012 0 0
Posco ADR 693483109 156,945 2,261,136 SH   SOLE   2,261,136 0 0
Post Properties Inc. COM 737464107 472 9,609 SH   OTR 1 9,609 0 0
Post Properties Inc. COM 737464107 83,102 1,692,506 SH   SOLE   1,692,506 0 0
Precision Drilling Corp, COM 74022D308 23,770 1,981,588 SH   SOLE   1,981,588 0 0
Progress Software Corp. COM 743312100 39,021 1,789,967 SH   SOLE   1,789,967 0 0
Prologis Inc. COM 74340W103 363 8,880 SH   SOLE   8,880 0 0
Prosperity Bancshares Inc. COM 743606105 21,523 325,374 SH   SOLE   325,374 0 0
Prudential Glb Sht Dur Hi Yld Fd COM SHS 74433A109 2,237 127,306 SH   SOLE   127,306 0 0
PS Business Parks, Inc. COM 69360J107 510 6,100 SH   SOLE   6,100 0 0
Radio One Inc. CL D NON VTG 75040P405 9,388 1,980,578 SH   SOLE   1,980,578 0 0
Rayonier Inc. COM 754907103 197 4,300 SH   OTR 1 4,300 0 0
Rayonier Inc. COM 754907103 24,641 536,723 SH   SOLE   536,723 0 0
Resolute Forest Prod., Inc. COM 76117W109 4,152 206,686 SH   SOLE   206,686 0 0
Rofin-Sinar Tech. Inc. COM 775043102 41,900 1,748,731 SH   SOLE   1,744,653 0 4,078
Sanofi-Aventis SPON ADR 80105N105 821 15,706 SH   SOLE   15,706 0 0
Seacor Holdings Inc. COM 811904101 8,919 103,211 SH   OTR 1 103,211 0 0
Seacor Holdings Inc. COM 811904101 26,912 311,405 SH   SOLE   311,405 0 0
Select Income REIT COM SH BEN INT 81618T100 1,211 40,000 SH   SOLE   40,000 0 0
SemGroup Corp. CL A 81663A105 38,523 586,529 SH   SOLE   586,529 0 0
Sensient Technologies Corp. COM 81725T100 34,897 618,625 SH   SOLE   618,625 0 0
Spanish Broadcasting Sys., Inc CL A 846425833 2,535 432,637 SH   SOLE   432,637 0 0
Stanley Furniture Co., Inc. COM 854305208 260 94,758 SH   SOLE   94,758 0 0
Starz- Liberty Capital COM SER A 85571Q102 11,460 355,012 SH   SOLE   355,012 0 0
Stepan Company COM 858586100 39,840 617,103 SH   SOLE   617,103 0 0
Suncoke Energy Inc. COM 86722A103 32,705 1,431,916 SH   SOLE   1,431,916 0 0
Susser Holdings Cor. COM 869233106 33,620 538,176 SH   SOLE   538,176 0 0
Symantec Corp COM 871503108 42,841 2,145,287 SH   SOLE   2,145,287 0 0
Syntel, Inc. COM 87162H103 28,617 318,315 SH   SOLE   318,315 0 0
Tanger Factory Out. Ctrs, Inc. COM 875465106 266 7,596 SH   OTR 1 7,596 0 0
Tanger Factory Out. Ctrs, Inc. COM 875465106 51,376 1,467,874 SH   SOLE   1,467,874 0 0
Teck Cominco CL B 878742204 7,788 360,260 SH   SOLE   360,260 0 0
Tejon Ranch Co. COM 879080109 382 11,282 SH   OTR 1 11,282 0 0
Tejon Ranch Co. COM 879080109 79,768 2,357,903 SH   SOLE   2,357,903 0 0
Tejon Ranch Co. W EXP 08/31/201 879080133 1,358 372,079 SH   SOLE   372,079 0 0
Telefex Inc. COM 879369106 39,646 369,692 SH   SOLE   369,692 0 0
Terreno Realty Corp. COM 88146M101 1,556 82,290 SH   SOLE   82,290 0 0
Tetra Tech, Inc. COM 88162G103 42,050 1,421,072 SH   SOLE   1,421,072 0 0
Texas Pacific Land Trust SUB CTF PROP I T 882610108 1,157 8,936 SH   SOLE   8,936 0 0
Tredegar Corp. COM 894650100 13,446 584,359 SH   SOLE   584,359 0 0
UMB Financial Corp. COM 902788108 32,600 503,860 SH   SOLE   503,860 0 0
UniFirst Corp. COM 904708104 42,276 384,535 SH   SOLE   384,535 0 0
Vail Resorts Inc. COM 91879Q109 20,095 288,312 SH   SOLE   288,312 0 0
Valley National Bancorp COM 919794107 14,412 1,384,409 SH   SOLE   1,384,409 0 0
VCA Antech Inc. COM 918194101 20,521 636,712 SH   SOLE   636,712 0 0
Verizon Comm. Corp. COM 92343V104 4,222 88,749 SH   OTR 1 88,749 0 0
Verizon Comm. Corp. COM 92343V104 3,636 76,440 SH   SOLE   75,549 0 891
Vodafone Group Plc ADR 92857W308 226 6,133 SH   SOLE   6,133 0 0
Vornado Realty Trust SH BEN INT 929042109 533 5,411 SH   OTR 1 5,411 0 0
Vornado Realty Trust SH BEN INT 929042109 64,280 652,191 SH   SOLE   652,191 0 0
Wells Fargo & Co. W EXP 10/28/2018 949746119 17,494 938,530 SH   SOLE   938,530 0 0
Wells Fargo Adv Inc Opp Fd COM SHS 94987B105 2,295 242,850 SH   SOLE   242,850 0 0
Western Asset Hi Inc Opp Fd COM 95766K109 1,086 179,449 SH   SOLE   179,449 0 0
Western Asset Hi Yld Def Opp Fd COM 95768B107 8,955 500,830 SH   SOLE   500,830 0 0
Western Asset Mgd Hi Inc Fd COM 95766L107 3,836 669,372 SH   SOLE   669,372 0 0
Westwood Holdings Grp Inc. COM 961765104 26,009 414,877 SH   SOLE   414,877 0 0
Weyerhaeuser Co. COM 962166104 22,120 753,666 SH   OTR 1 753,666 0 0
Weyerhaeuser Co. COM 962166104 169,771 5,784,349 SH   SOLE   5,775,033 0 9,316
White Mtns Insur. Grp COM G9618E107 16,731 27,890 SH   OTR 1 27,890 0 0
White Mtns Insur. Grp COM G9618E107 98,194 163,684 SH   SOLE   163,510 0 174
World Fuel Services Corp. COM 981475106 34,196 775,409 SH   SOLE   775,409 0 0