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
ABAXIS INC COM 002567105 1,457 28,300 SH   SOLE   2,300 0 26,000
ACACIA RESH CORP ACACIA TCH COM 003881307 177 20,215 SH   SOLE   0 0 20,215
ACME UTD CORP COM 004816104 2,944 162,668 SH   SOLE   4,000 0 158,668
ADAMIS PHARMACEUTICALS CORP COM NEW 00547W208 742 176,575 SH   SOLE   7,000 0 169,575
ADVANTAGE OIL & GAS LTD COM 00765F101 443 70,110 SH   SOLE   0 0 70,110
AIR INDS GROUP COM NEW 00912N205 962 94,750 SH   SOLE   5,000 0 89,750
AKERS BIOSCIENCES INC COM 00973E102 375 86,100 SH   SOLE   5,000 0 81,100
APPLE INC COM 037833100 252 2,008 SH   SOLE   0 0 2,008
ARC LOGISTICS PARTNERS LP COM UT REP LPN 03879N101 1,350 76,860 PRN   SOLE   0 0 76,860
ARLINGTON ASSET INVT CORP CL A NEW 041356205 1,551 79,285 SH   SOLE   0 0 79,285
ASURE SOFTWARE INC COM 04649U102 755 124,555 SH   SOLE   10,000 0 114,555
ATLANTIC COAST FINL CORP COM 048426100 582 130,850 SH   SOLE   10,000 0 120,850
AZURE MIDSTREAM PARTNERS LP COM UNIT LTD PAR 05501X100 221 18,625 SH   SOLE   0 0 18,625
BACTERIN INTL HLDGS INC COM NEW 05644R200 544 155,551 SH   SOLE   9,500 0 146,051
BALCHEM CORP COM 057665200 3,213 57,669 SH   SOLE   4,500 0 53,169
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,217 8,943 SH   SOLE   0 0 8,943
BLUEROCK RESIDENT GR REIT I COM CL A 09627J102 1,888 149,145 SH   SOLE   0 0 149,145
BOSTON BEER INC CL A 100557107 684 2,950 SH   SOLE   0 0 2,950
BOWL AMER INC CL A 102565108 526 36,845 SH   SOLE   0 0 36,845
BRIDGELINE DIGITAL INC COM NEW 10807Q304 65 36,250 SH   SOLE   0 0 36,250
BURCON NUTRASCIENCE CORP COM 120831102 237 108,429 SH   SOLE   17,959 0 90,470
CPI AEROSTRUCTURES INC COM NEW 125919308 1,181 117,975 SH   SOLE   5,000 0 112,975
CALAMOS GLOBAL TOTAL RETURN COM SH BEN INT 128118106 258 19,250 SH   SOLE   0 0 19,250
CAMDEN PPTY TR SH BEN INT 133131102 204 2,750 SH   SOLE   0 0 2,750
CAMPUS CREST CMNTYS INC COM 13466Y105 76 13,800 SH   SOLE   0 0 13,800
CARETRUST REIT INC COM 14174T107 1,197 94,456 SH   SOLE   2,000 0 92,456
CARRIAGE SVCS INC COM 143905107 4,587 192,077 SH   SOLE   5,000 0 187,077
CEDAR FAIR L P DEPOSITRY UNIT 150185106 1,978 36,295 PRN   SOLE   0 0 36,295
CELADON GROUP INC COM 150838100 854 41,305 SH   SOLE   5,000 0 36,305
CELLECTAR BIOSCIENCES INC *W EXP 08/19/201 15117F112 23 30,000 PRN   SOLE   5,000 0 25,000
CELLECTAR BIOSCIENCES INC COM NEW 15117F203 124 43,000 SH   SOLE   5,000 0 38,000
CITY OFFICE REIT INC COM 178587101 1,463 118,010 SH   SOLE   0 0 118,010
COGENTIX MED INC COM 19243A104 344 212,429 SH   SOLE   10,899 0 201,530
CORENERGY INFRASTRUCTURE TR COM 21870U205 2,268 358,910 SH   SOLE   8,500 0 350,410
CORENERGY INFRASTRUCTURE TR DEP SHS REPSTG 21870U304 1,546 64,035 SH   SOLE   0 0 64,035
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 625 26,550 SH   SOLE   0 0 26,550
CUMBERLAND PHARMACEUTICALS COM 230770109 590 82,490 SH   SOLE   0 0 82,490
DAKOTA PLAINS HLDGS INC COM 234255107 20 16,800 SH   SOLE   0 0 16,800
DAKTRONICS INC COM 234264109 1,933 162,970 SH   SOLE   9,000 0 153,970
DESTINATION XL GROUP INC COM 25065K104 512 102,223 SH   SOLE   5,000 0 97,223
DEUTSCHE BK AG LDN BRH DB AGRIC LNG ETN 25154H533 323 25,405 SH   SOLE   0 0 25,405
DHX MEDIA LTD SHS VAR VTG 252406608 6,741 913,475 SH   SOLE   60,000 0 853,475
DORCHESTER MINERALS LP COM UNIT 25820R105 1,738 81,245 PRN   SOLE   0 0 81,245
EAGLE PT CR CO LLC COM 269808101 2,242 110,825 SH   SOLE   0 0 110,825
ENSIGN GROUP INC COM 29358P101 3,597 70,445 SH   SOLE   3,500 0 66,945
ENSERVCO CORP COM 29358Y102 15 10,000 SH   SOLE   0 0 10,000
ENVIROSTAR INC COM 29414M100 2,120 474,279 SH   SOLE   35,000 0 439,279
EVOLUTION PETROLEUM CORP COM 30049A107 3,141 476,675 SH   SOLE   30,400 0 446,275
FARMLAND PARTNERS INC COM 31154R109 1,468 123,340 SH   SOLE   0 0 123,340
FIDUCIARY CLAYMORE MLP OPP COM 31647Q106 364 16,357 SH   SOLE   0 0 16,357
FIRST MAJESTIC SILVER CORP COM 32076V103 1,185 245,374 SH   SOLE   10,760 0 234,614
FIRST POTOMAC RLTY TR COM 33610F109 541 52,530 PRN   SOLE   0 0 52,530
FLAHERTY&CRMN PFD SEC INCOM COM 338478100 731 39,200 SH   SOLE   0 0 39,200
FRANCO NEVADA CORP COM 351858105 679 14,254 SH   SOLE   1,046 0 13,208
GP STRATEGIES CORP COM 36225V104 337 10,150 SH   SOLE   0 0 10,150
GSE SYS INC COM 36227K106 672 433,265 SH   SOLE   20,000 0 413,265
GENERAL FIN CORP DEL COM 369822101 991 189,800 SH   SOLE   10,000 0 179,800
GLADSTONE CAPITAL CORP COM 376535100 236 29,850 SH   SOLE   0 0 29,850
GLADSTONE COML CORP COM 376536108 1,342 81,064 PRN   SOLE   0 0 81,064
GLADSTONE LD CORP COM 376549101 1,555 150,400 SH   SOLE   3,000 0 147,400
GOLDCORP INC NEW COM 380956409 689 42,546 SH   SOLE   4,000 0 38,546
GRAMERCY PPTY TR INC COM NEW 38489R605 2,044 87,446 PRN   SOLE   0 0 87,446
GRAN TIERRA ENERGY INC COM 38500T101 134 45,003 SH   SOLE   0 0 45,003
GREAT AJAX CORP COM 38983D300 2,932 206,775 SH   SOLE   0 0 206,775
HAIN CELESTIAL GROUP INC COM 405217100 1,818 27,600 SH   SOLE   4,000 0 23,600
HARVARD BIOSCIENCE INC COM 416906105 2,191 384,425 SH   SOLE   10,000 0 374,425
HEALTH CARE REIT INC COM 42217K106 1,834 27,946 PRN   SOLE   0 0 27,946
HENRY JACK & ASSOC INC COM 426281101 974 15,050 SH   SOLE   0 0 15,050
HUDSON TECHNOLOGIES INC COM 444144109 2,274 651,450 SH   SOLE   20,000 0 631,450
I D SYSTEMS INC COM 449489103 938 153,750 SH   SOLE   7,000 0 146,750
IDEX CORP COM 45167R104 1,195 15,205 SH   SOLE   0 0 15,205
IMAGE SENSING SYS INC COM 45244C104 111 32,110 SH   SOLE   0 0 32,110
INDEPENDENCE RLTY TR INC COM 45378A106 1,625 215,825 SH   SOLE   0 0 215,825
INTEST CORP COM 461147100 1,669 382,735 SH   SOLE   15,000 0 367,735
INVENTURE FOODS INC COM 461212102 167 16,500 SH   SOLE   0 0 16,500
ISHARES TR TIPS BD ETF 464287176 633 5,650 SH   SOLE   0 0 5,650
ISHARES SILVER TRUST ISHARES 46428Q109 492 32,755 SH   SOLE   0 0 32,755
JAPAN SMALLER CAPTLZTN FD I COM 47109U104 337 31,222 SH   SOLE   0 0 31,222
JOINT CORP COM 47973J102 706 69,400 SH   SOLE   4,000 0 65,400
KMG CHEMICALS INC COM 482564101 3,046 119,735 SH   SOLE   4,500 0 115,235
KAYNE ANDERSON MLP INVT CO COM 486606106 1,048 34,145 SH   SOLE   0 0 34,145
KAYNE ANDERSON MDSTM ENERGY COM 48661E108 275 9,305 SH   SOLE   0 0 9,305
KRATOS DEFENSE & SEC SOLUTI COM NEW 50077B207 973 154,455 SH   SOLE   4,873 0 149,582
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 499 14,080 PRN   SOLE   0 0 14,080
LAYNE CHRISTENSEN CO COM 521050104 172 19,255 SH   SOLE   0 0 19,255
LEXINGTON REALTY TRUST COM 529043101 441 51,953 PRN   SOLE   0 0 51,953
MAGNUM HUNTER RES CORP DEL COM 55973B102 442 236,360 SH   SOLE   11,964 0 224,396
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 188 10,565 SH   SOLE   0 0 10,565
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 1,118 46,296 SH   SOLE   0 0 46,296
MARTEN TRANS LTD COM 573075108 1,027 47,337 SH   SOLE   0 0 47,337
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 1,105 35,700 PRN   SOLE   0 0 35,700
MEDICAL PPTYS TRUST INC COM 58463J304 1,451 110,665 PRN   SOLE   0 0 110,665
MEDLEY MGMT INC CL A COM 58503T106 314 26,500 SH   SOLE   2,000 0 24,500
MICRONET ENERTEC TECH INC COM 595117102 506 164,210 SH   SOLE   6,000 0 158,210
MICRONET ENERTEC TECH INC *W EXP 04/15/2018 595117110 21 46,475 PRN   SOLE   3,000 0 43,475
MILLER INDS INC TENN COM NEW 600551204 839 42,060 SH   SOLE   0 0 42,060
MOCON INC COM 607494101 1,630 102,207 SH   SOLE   4,000 0 98,207
MONMOUTH REAL ESTATE INVT C CL A 609720107 1,560 160,530 PRN   SOLE   0 0 160,530
MONROE CAP CORP COM 610335101 1,921 128,943 SH   SOLE   0 0 128,943
NEOGENOMICS INC COM NEW 64049M209 2,496 461,450 SH   SOLE   45,000 0 416,450
NEWTEK BUSINESS SVCS CORP COM NEW 652526203 1,830 103,250 SH   SOLE   0 0 103,250
NORTHERN OIL & GAS INC NEV COM 665531109 532 78,550 SH   SOLE   2,000 0 76,550
OCI PARTNERS LP COM UNIT REP LP 67091N108 1,905 113,060 SH   SOLE   0 0 113,060
OHA INVT CORP COM 67091U102 245 43,015 SH   SOLE   0 0 43,015
OXFORD LANE CAP CORP COM 691543102 1,425 100,261 SH   SOLE   0 0 100,261
PICO HLDGS INC COM NEW 693366205 1,792 121,731 SH   SOLE   5,000 0 116,731
PEAK RESORTS INC COM 70469L100 1,064 148,600 SH   SOLE   2,000 0 146,600
PEMBINA PIPELINE CORP COM 706327103 2,163 66,975 SH   SOLE   0 0 66,975
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 511 21,882 SH   SOLE   0 0 21,882
POWERSHARES ETF TR II S&P SMCP UTI P 73937B837 2,426 65,890 SH   SOLE   0 0 65,890
PREFERRED APT CMNTYS INC COM 74039L103 1,665 167,320 SH   SOLE   0 0 167,320
PRIVATEBANCORP INC COM 742962103 203 5,100 SH   SOLE   0 0 5,100
PROFESSIONAL DIVERSITY NET COM 74312Y103 134 64,550 SH   SOLE   0 0 64,550
PROSHARES TR PSHS ULTRUSS2000 74347R842 234 2,400 SH   SOLE   0 0 2,400
PSIVIDA CORP COM 74440J101 274 72,809 SH   SOLE   20,000 0 52,809
PURECYCLE CORP COM NEW 746228303 538 103,500 SH   SOLE   0 0 103,500
QUAKER CHEM CORP COM 747316107 2,943 33,130 SH   SOLE   1,700 0 31,430
QUALSTAR CORP COM 74758R109 155 134,007 SH   SOLE   0 0 134,007
RAIT FINANCIAL TRUST COM NEW 749227609 61 10,000 SH   SOLE   0 0 10,000
RCM TECHNOLOGIES INC COM NEW 749360400 488 86,145 SH   SOLE   10,000 0 76,145
RAND LOGISTICS INC COM 752182105 638 196,831 SH   SOLE   10,000 0 186,831
RICEBRAN TECHNOLOGIES *W EXP 12/18/2018 762831113 47 45,200 PRN   SOLE   5,000 0 40,200
RICEBRAN TECHNOLOGIES COM NEW 762831204 225 66,225 SH   SOLE   5,000 0 61,225
ROYAL GOLD INC COM 780287108 1,231 19,995 SH   SOLE   1,500 0 18,495
ROYCE MICRO-CAP TR INC COM 780915104 1,859 201,573 SH   SOLE   0 0 201,573
SL GREEN RLTY CORP COM 78440X101 225 2,050 PRN   SOLE   0 0 2,050
SMTP INC COM NEW 784589202 1,729 296,548 SH   SOLE   15,310 0 281,238
SPDR GOLD TRUST GOLD SHS 78463V107 201 1,786 SH   SOLE   0 0 1,786
SP PLUS CORP COM 78469C103 2,523 96,630 SH   SOLE   4,000 0 92,630
S&W SEED CO COM 785135104 1,631 334,275 SH   SOLE   20,000 0 314,275
SAJAN INC COM NEW 79379T202 533 100,750 SH   SOLE   3,000 0 97,750
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 880 81,945 SH   SOLE   0 0 81,945
SANDSTORM GOLD LTD COM NEW 80013R206 1,019 346,729 SH   SOLE   4,700 0 342,029
SEABRIDGE GOLD INC COM 811916105 246 40,305 SH   SOLE   0 0 40,305
SENIOR HSG PPTYS TR SH BEN INT 81721M109 322 18,350 PRN   SOLE   0 0 18,350
SIGNATURE BK NEW YORK N Y COM 82669G104 395 2,700 SH   SOLE   325 0 2,375
SILVER WHEATON CORP COM 828336107 1,373 79,171 SH   SOLE   1,850 0 77,321
SILVERCREST MINES INC COM 828365106 59 59,100 SH   SOLE   15,000 0 44,100
SMARTPROS LTD COM 83171G103 254 145,275 SH   SOLE   0 0 145,275
SOTHERLY HOTELS INC COM 83600C103 361 51,000 SH   SOLE   0 0 51,000
SPARK ENERGY INC CL A COM 846511103 1,789 113,517 SH   SOLE   3,000 0 110,517
SPARTON CORP COM 847235108 4,144 151,700 SH   SOLE   7,000 0 144,700
SPECTRUM PHARMACEUTICALS IN COM 84763A108 1,294 189,160 SH   SOLE   0 0 189,160
STERICYCLE INC COM 858912108 5,792 43,250 SH   SOLE   3,000 0 40,250
STRATEGIC HOTELS & RESORTS COM 86272T106 160 13,200 PRN   SOLE   0 0 13,200
SUNOPTA INC COM 8676EP108 1,714 159,702 SH   SOLE   10,000 0 149,702
SUPERCONDUCTOR TECHNOLOGIES COM PAR $0.001 867931404 223 212,788 SH   SOLE   5,000 0 207,788
SUPERIOR DRILLING PRODS INC COM 868153107 272 98,400 SH   SOLE   10,000 0 88,400
TARGA RESOURCES PARTNERS LP COM UNIT 87611X105 3,144 81,447 PRN   SOLE   0 0 81,447
TARGA RES CORP COM 87612G101 272 3,054 SH   SOLE   0 0 3,054
TEAM INC COM 878155100 3,602 89,495 SH   SOLE   5,500 0 83,995
TECOGEN INC NEW COM NEW 87876P201 2,418 589,750 SH   SOLE   25,000 0 564,750
TEVA PHARMACEUTICAL INDS LT ADR 881624209 218 3,684 SH   SOLE   0 0 3,684
TORTOISE MLP FD INC COM 89148B101 1,906 89,737 SH   SOLE   0 0 89,737
TRECORA RES COM 894648104 1,811 119,930 SH   SOLE   6,400 0 113,530
TRUETT-HURST INC CL A 897871109 534 234,200 SH   SOLE   8,000 0 226,200
II VI INC COM 902104108 4,734 249,444 SH   SOLE   7,800 0 241,644
TYLER TECHNOLOGIES INC COM 902252105 5,757 44,500 SH   SOLE   3,000 0 41,500
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 423 22,075 SH   SOLE   0 0 22,075
U M H PROPERTIES INC COM 903002103 674 68,750 PRN   SOLE   0 0 68,750
U S PHYSICAL THERAPY INC COM 90337L108 4,853 88,623 SH   SOLE   3,500 0 85,123
VENAXIS INC COM 92262A107 183 408,400 SH   SOLE   20,000 0 388,400
WAVE SYSTEMS CORP CL A PAR $0.01 943526400 24 41,655 SH   SOLE   0 0 41,655
WILLDAN GROUP INC COM 96924N100 2,748 245,794 SH   SOLE   14,000 0 231,794
XG TECHNOLOGY INC COM PAR$.00001 98372A309 112 398,200 SH   SOLE   10,000 0 388,200
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700 1,102 189,975 SH   SOLE   5,000 0 184,975
YAMANA GOLD INC COM 98462Y100 188 62,734 SH   SOLE   4,470 0 58,264
ICON PLC SHS G4705A100 626 9,300 SH   SOLE   0 0 9,300
CHECK CAP LTD SHS M2361E112 134 38,400 SH   SOLE   0 0 38,400
CHECK CAP LTD *W EXP 02/28/202 M2361E120 34 19,200 PRN   SOLE   0 0 19,200
SEASPAN CORP SHS Y75638109 537 28,457 SH   SOLE   3,000 0 25,457