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
ABERDEEN ASIA PAC INCM COM COM 003009107 68 13,609 SH   SOLE   13,609 0 0
ABM Industries, Inc. COM 000957100 25,479 613,646 SH   SOLE   590,391 0 23,255
AMERICAN CAP SR FLOATING LTD C COM 02504d108 281 21,849 SH   SOLE   21,849 0 0
AVX Corp COM 002444107 2,141 131,005 SH   SOLE   131,005 0 0
Abbott Labs COM 002824100 2,331 47,960 SH   SOLE   47,960 0 0
Aceto Corp. COM 004446100 1,012 65,520 SH   SOLE   65,520 0 0
AerCap Holdings N.V. COM n00985106 2,912 62,725 SH   SOLE   35,725 0 27,000
Agilent Technologies COM 00846u101 1,319 22,231 SH   SOLE   22,231 0 0
Air Lease Corp COM 00912x302 56,251 1,505,642 SH   SOLE   1,346,077 0 159,565
Allete Inc COM 018522300 31,109 433,998 SH   SOLE   418,888 0 15,110
Alon USA Energy, Inc. COM 020520102 2,265 170,050 SH   SOLE   170,050 0 0
Altria Group, Inc. COM 02209s103 456 6,120 SH   SOLE   6,120 0 0
American Eagle Outfitters COM 02553e106 964 80,016 SH   SOLE   80,016 0 0
American Water Works COM 030420103 6,146 78,846 SH   SOLE   52,385 0 26,461
Ameriprise Financial COM 03076c106 1,856 14,577 SH   SOLE   14,577 0 0
AmerisourceBergen COM 03073e105 2,999 31,725 SH   SOLE   31,725 0 0
Amgen Inc COM 031162100 207 1,200 SH   SOLE   1,200 0 0
Arthur J. Gallagher & Co. COM 363576109 1,621 28,317 SH   SOLE   28,317 0 0
Ashland Global Holdings Inc. COM 044186104 6,601 100,148 SH   SOLE   61,806 0 38,342
Associated Banc Corp COM 045487105 1,804 71,573 SH   SOLE   71,573 0 0
Athene Holding Ltd. COM G0684D107 1,746 35,188 SH   SOLE   35,188 0 0
Atlantica Yield PLC COM g0751n103 1,898 88,863 SH   SOLE   88,863 0 0
Autoliv Inc COM 052800109 1,792 16,321 SH   SOLE   16,321 0 0
Azz Incorporated COM 002474104 1,639 29,376 SH   SOLE   29,376 0 0
BERKSHIRE HATHAWAY INC CL A COM 084670108 509 2 SH   SOLE   2 0 0
BLACKROCK NY MUNI 2018 TERM COM 09248k108 679 45,476 SH   SOLE   45,476 0 0
BLUE HILLS BANCORP INC COM 095573101 420 23,439 SH   SOLE   23,439 0 0
BOK Financial Corp COM 05561q201 48,179 572,668 SH   SOLE   508,103 0 64,565
BWX Technologies, Inc COM 05605H100 1,323 27,144 SH   SOLE   27,144 0 0
BancorpSouth, Inc. COM 059692103 23,354 765,711 SH   SOLE   740,891 0 24,820
Bank of America COM 060505104 1,174 48,390 SH   SOLE   48,390 0 0
Basic Energy Services COM 06985p209 9,653 387,662 SH   SOLE   373,027 0 14,635
Baxter International Inc. COM 071813109 1,300 21,474 SH   SOLE   21,474 0 0
Berkshire Hathaway Cl B COM 084670702 550 3,250 SH   SOLE   3,250 0 0
Berkshire Hills Bancorp Inc COM 084680107 2,564 72,950 SH   SOLE   72,950 0 0
Black Hills Corp. COM 092113109 34,192 506,769 SH   SOLE   490,044 0 16,725
Bloomin' Brands Inc. COM 094235108 16,704 786,790 SH   SOLE   757,295 0 29,495
Brixmor Property Group Inc. COM 11120u105 1,391 77,787 SH   SOLE   77,787 0 0
Broadridge Fincl Sol COM 11133t103 4,110 54,399 SH   SOLE   32,909 0 21,490
Brunswick Corp. COM 117043109 773 12,315 SH   SOLE   12,315 0 0
C I T Group COM 125581801 1,013 20,794 SH   SOLE   20,794 0 0
CBRE Group, Inc. COM 12504l109 205 5,626 SH   SOLE   5,626 0 0
CDK Global, Inc. COM 12508E101 4,709 75,871 SH   SOLE   42,935 0 32,936
CECO Environmental Corp. COM 125141101 1,979 215,592 SH   SOLE   215,592 0 0
CSRA Inc. COM 12650t104 10,823 340,870 SH   SOLE   225,505 0 115,365
Cabot Oil & Gas COM 127097103 2,161 86,150 SH   SOLE   86,150 0 0
Cal Atlantic Group, Inc. COM 128195104 1,577 44,609 SH   SOLE   44,609 0 0
California Water Service Group COM 130788102 1,259 34,215 SH   SOLE   34,215 0 0
CareTrust REIT Inc. COM 14174t107 33,457 1,804,590 SH   SOLE   1,606,176 0 198,414
Carriage Services Inc. COM 143905107 6,315 234,240 SH   SOLE   143,602 0 90,638
CenterState Banks, Inc. COM 15201P109 728 29,266 SH   SOLE   29,266 0 0
Chemed Corporation COM 16359r103 2,709 13,245 SH   SOLE   13,245 0 0
Cigna Corp COM 125509109 2,528 15,103 SH   SOLE   15,103 0 0
Citigroup Inc. COM 172967424 1,459 21,814 SH   SOLE   21,814 0 0
City Office Reit, Inc. COM 178587101 2,549 200,734 SH   SOLE   200,734 0 0
Columbia Banking System, Inc. COM 197236102 18,857 473,195 SH   SOLE   457,743 0 15,452
Comerica COM 200340107 4,487 61,262 SH   SOLE   61,262 0 0
Commercial Metals Co COM 201723103 30,229 1,555,807 SH   SOLE   1,372,909 0 182,898
Compass Diversified Tr SH BEN COM 20451q104 178 10,182 SH   SOLE   10,182 0 0
Conagra Foods, Inc. COM 205887102 1,833 51,251 SH   SOLE   51,251 0 0
Copart Inc. COM 217204106 5,544 174,400 SH   SOLE   98,580 0 75,820
Corenergy Infrastructure Trust COM 21870u502 1,486 44,236 SH   SOLE   44,236 0 0
Corning Inc COM 219350105 231 7,697 SH   SOLE   7,697 0 0
Covanta Holding Corp. COM 22282e102 1,356 102,718 SH   SOLE   102,718 0 0
Culp, Inc. COM 230215105 1,365 42,010 SH   SOLE   42,010 0 0
Cypress Semi COM 232806109 2,857 209,325 SH   SOLE   209,325 0 0
DDR CORP COM COM 23317h102 1,057 116,507 SH   SOLE   116,507 0 0
DXC Technology Company COM 23355L106 3,020 39,361 SH   SOLE   39,361 0 0
Daktronics Inc COM 234264109 1,333 138,390 SH   SOLE   138,390 0 0
Del Taco Restaurants, Inc. COM 245496104 9,872 717,960 SH   SOLE   473,103 0 244,857
Delek US Holdings COM 246647101 15,213 575,361 SH   SOLE   556,521 0 18,840
Delphi Automotive PLC COM g27823106 5,166 58,942 SH   SOLE   33,400 0 25,542
Deluxe Corp. COM 248019101 1,695 24,490 SH   SOLE   24,490 0 0
Denny's Corporation COM 24869p104 31,604 2,685,170 SH   SOLE   2,450,750 0 234,420
Diamonds Trust Ser I Unit COM 78467x109 222 1,042 SH   SOLE   1,042 0 0
Diebold Nixdorf COM 253651103 24,074 859,794 SH   SOLE   830,669 0 29,125
Discover Financial Svc COM 254709108 4,483 72,090 SH   SOLE   72,090 0 0
Disney Co. COM 254687106 395 3,717 SH   SOLE   3,717 0 0
Dolby Laboratories Inc. COM 25659T107 3,990 81,491 SH   SOLE   81,491 0 0
Donnelley Financial Solutions COM 25787G100 14,184 617,790 SH   SOLE   595,035 0 22,755
Dow Chemical COM 260543103 251 3,973 SH   SOLE   3,973 0 0
Dun & Bradstreet COM 26483e100 2,197 20,316 SH   SOLE   20,316 0 0
EOG Resources Inc COM 26875p101 2,813 31,077 SH   SOLE   31,077 0 0
EPR Properties COM 26884u109 1,895 26,369 SH   SOLE   26,369 0 0
EQT Corporation COM 26884L109 1,536 26,217 SH   SOLE   26,217 0 0
Eastgroup Pptys Inc COM 277276101 255 3,046 SH   SOLE   3,046 0 0
Eaton Vance Tax Mged Buy Write COM 27828y108 385 25,278 SH   SOLE   25,278 0 0
Eaton Vance Tax Mged Gbl buy W COM 27829c105 249 21,854 SH   SOLE   21,854 0 0
El Paso Electric Co. COM 283677854 1,425 27,570 SH   SOLE   27,570 0 0
Energen Corp COM 29265N108 8,147 165,012 SH   SOLE   102,396 0 62,616
Ensign Group Inc. COM 29358P101 30,205 1,387,465 SH   SOLE   1,340,185 0 47,280
Entegra Financial Corp. COM 29363j108 1,186 52,150 SH   SOLE   52,150 0 0
Enterprise Products Partners COM 293792107 288 10,618 SH   SOLE   10,618 0 0
Equity Commonwealth COM 294628102 10,002 316,525 SH   SOLE   225,100 0 91,425
Equity Lifestyles Properties, COM 29472R108 1,581 18,312 SH   SOLE   18,312 0 0
Equity Residential Properties COM 29476l107 419 6,372 SH   SOLE   6,372 0 0
Esco Technologies, Inc. COM 296315104 34,772 582,933 SH   SOLE   510,638 0 72,295
Extended Stay America, Inc. COM 30224p200 671 34,655 SH   SOLE   34,655 0 0
Exxon Corp COM 30231G102 554 6,862 SH   SOLE   6,862 0 0
F.N.B. Corporation COM 302520101 8,976 633,904 SH   SOLE   448,904 0 185,000
FARMLAND PARTNERS INC COM COM 31154r109 439 49,148 SH   SOLE   49,148 0 0
FBL Financial Group COM 30239f106 2,568 41,749 SH   SOLE   41,749 0 0
FMC Corp. COM 302491303 2,799 38,320 SH   SOLE   38,320 0 0
Federated Investors, Inc. COM 314211103 1,372 48,568 SH   SOLE   48,568 0 0
Fidelity National Financial In COM 31620R303 6,645 148,229 SH   SOLE   84,257 0 63,972
Fidelity National Info COM 31620m106 4,530 53,048 SH   SOLE   53,048 0 0
Foot Locker, Inc. COM 344849104 1,643 33,337 SH   SOLE   33,337 0 0
Fortune Brands Home Security COM 34964c106 5,937 91,002 SH   SOLE   53,217 0 37,785
GLADSTONE LD CORP COM COM 376549101 439 37,624 SH   SOLE   37,624 0 0
Gaming and Leisure Properties, COM 36467J108 6,021 159,848 SH   SOLE   90,390 0 69,458
Generac Holdings, Inc. COM 368736104 20,233 559,995 SH   SOLE   479,925 0 80,070
General Electric Co COM 369604103 412 15,249 SH   SOLE   15,249 0 0
Glacier Bancorp Inc COM 37637q105 1,936 52,885 SH   SOLE   52,885 0 0
Gramercy Property Trust, Inc. COM 385002308 2,190 73,717 SH   SOLE   73,717 0 0
Guaranty Bancorp COM 40075T607 1,639 60,246 SH   SOLE   60,246 0 0
HANNON ARMSTRONG SUST COM COM 41068x100 1,403 61,347 SH   SOLE   61,347 0 0
HSN Inc COM 404303109 1,852 58,070 SH   SOLE   58,070 0 0
Hanmi Financial Corp COM 410495204 13,290 467,149 SH   SOLE   316,490 0 150,659
Hanover Insurance Group Inc COM 410867105 977 11,028 SH   SOLE   11,028 0 0
Harris Corp COM 413875105 1,343 12,314 SH   SOLE   12,314 0 0
Hawkins, Inc. COM 420261109 1,559 33,640 SH   SOLE   33,640 0 0
Healthcare Realty Trust COM 421946104 1,131 33,107 SH   SOLE   33,107 0 0
Healthcare Trust of America, I COM 42225p501 2,502 80,440 SH   SOLE   80,440 0 0
Hewlett Packard Enterprise Com COM 42824c109 742 44,722 SH   SOLE   44,722 0 0
Hilltop Holdings Inc. COM 432748101 36,610 1,396,792 SH   SOLE   1,345,642 0 51,150
HollyFontier Corp. COM 436106108 2,160 78,632 SH   SOLE   78,632 0 0
Hospitality Properties trust COM 44106m102 501 17,175 SH   SOLE   17,175 0 0
Howard Hughes Corporation COM 44267d107 10,254 83,474 SH   SOLE   55,529 0 27,945
Huntsman Corp COM 447011107 9,138 353,626 SH   SOLE   238,992 0 114,634
ISHARES TR DJ US UTILS COM 464287697 270 2,075 SH   SOLE   2,075 0 0
ISHARES TR IBOXX INV CP ETF COM 464287242 556 4,611 SH   SOLE   4,611 0 0
ISHARES TR S&P 500 INDEX COM 464287200 12,564 51,615 SH   SOLE   51,615 0 0
IShares Inc MSCI Australia Ind COM 464286103 258 11,899 SH   SOLE   11,899 0 0
IShares Select Dividend COM 464287168 1,058 11,479 SH   SOLE   11,479 0 0
IShares TR FTSE Xinhua HK Chin COM 464287184 635 15,987 SH   SOLE   15,987 0 0
IShares Tr Dow Jones US Finl S COM 464287788 762 7,083 SH   SOLE   7,083 0 0
IShares Tr MSCI EAFE Index Fun COM 464287465 1,193 18,294 SH   SOLE   18,294 0 0
IShares US Real Estate ETF COM 464287739 373 4,675 SH   SOLE   4,675 0 0
ITT Inc. COM 45073v108 36,747 914,570 SH   SOLE   801,912 0 112,658
IXYS Corporation COM 46600W106 1,179 71,662 SH   SOLE   71,662 0 0
Iberiabank Corp. COM 450828108 29,600 363,190 SH   SOLE   350,650 0 12,540
Illinois Tool Works COM 452308109 633 4,422 SH   SOLE   4,422 0 0
Intel Corp. COM 458140100 1,854 54,935 SH   SOLE   54,935 0 0
Invacare Corp. COM 461203101 311 23,560 SH   SOLE   23,090 0 470
Investor Bancorp Inc. COM 46146L101 134 10,000 SH   SOLE   10,000 0 0
Iron Mountain, Inc. COM 46284V101 9,367 272,603 SH   SOLE   201,846 0 70,757
John Bean Tech, Corp. COM 477839104 47,090 480,511 SH   SOLE   418,401 0 62,110
Johnson Controls Int'l Plc COM g51502105 1,932 44,562 SH   SOLE   44,562 0 0
KBR Inc. COM 48242w106 19,680 1,293,054 SH   SOLE   1,249,989 0 43,065
Kaiser Aluminum Corp COM 483007704 30,050 339,467 SH   SOLE   307,065 0 32,402
Kapstone Paper and Packaging COM 48562P103 13,384 648,751 SH   SOLE   624,206 0 24,545
Kearney Financial Corp. COM 48716P108 27,207 1,832,105 SH   SOLE   1,763,025 0 69,080
Kennedy Wilson Holdings COM 489398107 31,937 1,676,470 SH   SOLE   1,618,740 0 57,730
Knowles Corp. COM 49926D109 25,292 1,494,805 SH   SOLE   1,264,564 0 230,241
Laboratory Corp. of America Ho COM 50540r409 5,851 37,961 SH   SOLE   21,480 0 16,481
Lamar Advertising Co Cl A COM 512816109 8,789 119,465 SH   SOLE   81,656 0 37,809
Lamb Weston Holdings, Inc. COM 513272104 6,486 147,265 SH   SOLE   97,835 0 49,430
LegacyTexas Financial Group, I COM 52471Y106 2,213 58,046 SH   SOLE   58,046 0 0
Lincoln National Corp. COM 534187109 3,334 49,338 SH   SOLE   49,338 0 0
Littelfuse Inc. COM 537008104 416 2,524 SH   SOLE   2,524 0 0
Lockheed Martin COM 539830109 272 978 SH   SOLE   978 0 0
MDU Resource Group COM 552690109 10,560 403,065 SH   SOLE   280,395 0 122,670
Macquarie Global Infrastrcture COM 55608d101 678 27,182 SH   SOLE   27,182 0 0
Macquarie Infrastructure COM 55608b105 3,885 49,556 SH   SOLE   49,556 0 0
Marriott Vacations COM 57164y107 7,697 65,370 SH   SOLE   48,259 0 17,111
Medical Properties Trust, Inc. COM 58463j304 963 74,807 SH   SOLE   74,807 0 0
Mercer International COM 588056101 2,141 186,180 SH   SOLE   186,180 0 0
Microchip Technology Inc COM 595017104 216 2,793 SH   SOLE   2,793 0 0
Mid-Amer Apt Cmntys Inc COM 59522j103 621 5,891 SH   SOLE   5,891 0 0
Mitel Networks Corporation COM 60671q104 29,712 4,042,481 SH   SOLE   3,544,170 0 498,311
Molson Coors Brewing Co COM 60871R209 2,561 29,664 SH   SOLE   29,664 0 0
Mondelez International Inc. COM 609207105 2,883 66,756 SH   SOLE   66,756 0 0
NCR Corp COM 62886e108 258 6,323 SH   SOLE   6,323 0 0
NRG Energy Inc COM 629377508 16,056 932,431 SH   SOLE   685,963 0 246,468
Nacco Industries, Inc. COM 629579103 2,275 32,116 SH   SOLE   32,116 0 0
National Fuel & Gas Co COM 636180101 1,797 32,180 SH   SOLE   32,180 0 0
National Storage Affiliates Tr COM 637870106 1,435 62,110 SH   SOLE   62,110 0 0
Nexstar Media Group COM 65336K103 39,983 668,618 SH   SOLE   646,318 0 22,300
Northern Trust Corp. COM 665859104 215 2,208 SH   SOLE   2,208 0 0
Nuveen Mun Value Fd. COM 670928100 229 22,972 SH   SOLE   22,972 0 0
OGE Energy Corp. COM 670837103 1,869 53,724 SH   SOLE   53,724 0 0
OM Asset Management PLC COM g67506108 6,721 452,303 SH   SOLE   257,329 0 194,974
Occidental Petroleum COM 674599105 677 11,315 SH   SOLE   11,315 0 0
Oceanfirst Financial Corporati COM 675234108 18,176 670,202 SH   SOLE   647,782 0 22,420
Opus Bank COM 684000102 34,349 1,419,375 SH   SOLE   1,366,830 0 52,545
Orbital ATK, Inc. COM 68557N103 8,761 89,066 SH   SOLE   50,312 0 38,754
Oritani Financial Corp. COM 68633d103 1,339 78,530 SH   SOLE   78,530 0 0
Oshkosh Corporation COM 688239201 2,401 34,851 SH   SOLE   34,851 0 0
Outfront Media, Inc. COM 69007J106 40,466 1,750,268 SH   SOLE   1,687,978 0 62,290
Owens & Minor Inc. COM 690732102 1,065 33,090 SH   SOLE   33,090 0 0
PPL Corporation COM 69351T106 2,033 52,598 SH   SOLE   52,598 0 0
PVH Corp. COM 693656100 6,509 56,847 SH   SOLE   32,155 0 24,692
Parsley Energy, Inc. COM 701877102 24,508 883,156 SH   SOLE   776,956 0 106,200
Patterson Uti Energy COM 703481101 8,402 416,137 SH   SOLE   335,037 0 81,100
Paypal Inc. COM 70450y103 1,259 23,450 SH   SOLE   23,450 0 0
Penske Automotive COM 70959w103 22,526 512,993 SH   SOLE   442,048 0 70,945
Pfizer Inc. COM 717081103 1,490 44,349 SH   SOLE   44,349 0 0
Plantronics Inc. COM 727493108 1,887 36,080 SH   SOLE   36,080 0 0
Potlatch Corp COM 737630103 1,093 23,926 SH   SOLE   23,926 0 0
Powershares QQQ Trust COM 73935a104 529 3,840 SH   SOLE   3,840 0 0
Primoris Services Corp COM 74164f103 2,346 94,051 SH   SOLE   94,051 0 0
Proctor & Gamble COM 742718109 374 4,297 SH   SOLE   4,297 0 0
Provident Financial COM 74386t105 27,641 1,089,074 SH   SOLE   1,051,089 0 37,985
RPM International Inc. COM 749685103 1,804 33,069 SH   SOLE   33,069 0 0
Raytheon Co COM 755111507 236 1,459 SH   SOLE   1,459 0 0
Regal Beloit Corp. COM 758750103 1,782 21,850 SH   SOLE   21,850 0 0
Reinsurance Group of America COM 759351604 1,508 11,746 SH   SOLE   11,746 0 0
Ritchie Bros. Auctioneers COM 767744105 17,410 605,788 SH   SOLE   584,258 0 21,530
Ryder Systems COM 783549108 10,007 139,030 SH   SOLE   91,650 0 47,380
Ryman Hospitality Properties COM 78377T107 34,343 536,523 SH   SOLE   482,629 0 53,894
S&P MidCap 400 Spdrs COM 78467y107 525 1,652 SH   SOLE   1,652 0 0
SM Energy Company COM 78454l100 4,817 291,397 SH   SOLE   205,907 0 85,490
SPDR S&P 500 ETF COM 78462f103 4,458 18,437 SH   SOLE   18,437 0 0
SPDR SERIES TRUST S&P 400 MDCP COM 78464a821 516 3,602 SH   SOLE   3,602 0 0
SRC Energy Inc. COM 78470v108 15,013 2,230,770 SH   SOLE   2,146,690 0 84,080
Sabra Health Care REIT COM 78573L106 33,617 1,394,892 SH   SOLE   1,255,706 0 139,186
Sanderson Farms, Inc. COM 800013104 1,370 11,847 SH   SOLE   11,847 0 0
Scripps Networks Interactive COM 811065101 2,257 33,039 SH   SOLE   33,039 0 0
SemGroup Corporation COM 81663A105 1,923 71,210 SH   SOLE   71,210 0 0
Sensient Technologies Corp COM 81725t100 27,964 347,244 SH   SOLE   334,134 0 13,110
Seritage Growth Properties COM 81752R100 14,035 334,566 SH   SOLE   323,671 0 10,895
Shire PLC COM 82481r106 3,045 18,427 SH   SOLE   18,427 0 0
Silvercrest Asset Management G COM 828359109 2,841 211,255 SH   SOLE   211,255 0 0
Smith A O Corp COM 831865209 7,277 129,185 SH   SOLE   72,955 0 56,230
Snap On Inc COM 833034101 2,393 15,144 SH   SOLE   15,144 0 0
Solar Capital Ltd. COM 83413U100 2,120 96,954 SH   SOLE   96,954 0 0
South Jersey Inds Inc. COM 838518108 16,846 493,003 SH   SOLE   477,698 0 15,305
Spectrum Brands Holdings Inc. COM 84763r101 7,586 60,671 SH   SOLE   36,506 0 24,165
Spirit Realty Capital Inc COM 84860w102 700 94,402 SH   SOLE   94,402 0 0
Stag Industrial Inc. COM 85254j102 1,468 53,175 SH   SOLE   53,175 0 0
Stamps.com Inc. COM 852857200 230 1,487 SH   SOLE   1,487 0 0
State Bank Financial Corporati COM 856190103 19,016 701,163 SH   SOLE   678,041 0 23,122
Steris Plc COM g84720104 1,254 15,389 SH   SOLE   15,389 0 0
Synovus Financial Corp COM 87161C501 26,761 604,900 SH   SOLE   530,940 0 73,960
TEGNA Inc. COM 87901J105 965 66,963 SH   SOLE   66,963 0 0
TRI Pointe Group, Inc. COM 87265H109 25,644 1,944,216 SH   SOLE   1,723,891 0 220,325
Teva Pharmaceutial Inds COM 881624209 552 16,603 SH   SOLE   16,603 0 0
Time Inc. COM 887228104 12,847 895,245 SH   SOLE   865,455 0 29,790
Total System Services, Inc. COM 891906109 2,428 41,685 SH   SOLE   41,685 0 0
Tribune Media Company COM 896047503 3,809 93,429 SH   SOLE   53,365 0 40,064
UGI Corp. COM 902681105 1,468 30,331 SH   SOLE   30,331 0 0
UMB Financial Corp COM 902788108 33,304 444,885 SH   SOLE   375,043 0 69,842
Umpqua Holdings COM 904214103 2,135 116,286 SH   SOLE   116,286 0 0
Unilever NV COM 904784709 304 5,500 SH   SOLE   5,500 0 0
Union Bankshares Corporation COM 90539J109 1,110 32,745 SH   SOLE   32,745 0 0
United Health Care COM 91324P102 232 1,254 SH   SOLE   1,254 0 0
United Technlogies COM 913017109 968 7,926 SH   SOLE   7,926 0 0
Urban Edge Properties COM 91704f104 12,331 519,622 SH   SOLE   499,262 0 20,360
VANGUARD INTL EQTY IDX EMR MKT COM 922042858 1,366 33,446 SH   SOLE   33,446 0 0
Vail Resorts Inc. COM 91879q109 24,419 120,389 SH   SOLE   115,863 0 4,526
Valvoline Inc. COM 92047W101 4,627 195,049 SH   SOLE   124,915 0 70,134
Vanguard Dividend Appreciation COM 921908844 513 5,540 SH   SOLE   5,540 0 0
Vanguard FTSE Europe ETF COM 922042874 953 17,280 SH   SOLE   17,280 0 0
Vanguard Financials ETF COM 92204a405 4,314 68,966 SH   SOLE   68,966 0 0
Vanguard Total Stk Mkt Vipers COM 922908769 1,784 14,337 SH   SOLE   14,337 0 0
Ventas Inc. COM 92276F100 705 10,140 SH   SOLE   10,140 0 0
Verint Systems Inc. COM 92343X100 25,747 632,598 SH   SOLE   560,621 0 71,977
Versum Materials Inc. COM 92532w103 26,962 829,600 SH   SOLE   800,210 0 29,390
Virtu Financial, Inc. COM 928254101 2,685 152,116 SH   SOLE   152,116 0 0
Vista Outdoor Inc. COM 928377100 13,546 601,797 SH   SOLE   580,217 0 21,580
Visteon Corp. COM 92839U206 19,835 194,350 SH   SOLE   188,010 0 6,340
Voya Financial,Inc. COM 929089100 16,379 443,992 SH   SOLE   314,512 0 129,480
Vulcan Material Co. COM 929160109 3,076 24,278 SH   SOLE   24,278 0 0
WEX, Inc. COM 96208t104 20,867 200,128 SH   SOLE   172,780 0 27,348
Walgreens Boots Alliance, Inc. COM 931427108 255 3,251 SH   SOLE   3,251 0 0
Waterstone Financial, Inc COM 94188p101 320 17,000 SH   SOLE   17,000 0 0
Welbilt, Inc. COM 949090104 18,747 994,519 SH   SOLE   957,159 0 37,360
Westbury Bancorp Inc COM 95727p106 1,192 57,174 SH   SOLE   57,174 0 0
Westrock Company COM 96145D105 681 12,021 SH   SOLE   12,021 0 0
Weyerhauser COM 962166104 433 12,931 SH   SOLE   12,931 0 0
Winnebago Inds COM 974637100 3,218 91,955 SH   SOLE   91,955 0 0
Wintrust Financial Corp COM 97650W108 3,073 40,195 SH   SOLE   40,195 0 0
WisdomTree India Earnings Fund COM 97717w422 238 9,729 SH   SOLE   9,729 0 0
World Fuel Services Corp. COM 981475106 1,583 41,180 SH   SOLE   41,180 0 0
Wright Medical Group, Inc. COM n96617118 27,425 997,621 SH   SOLE   880,275 0 117,346
Wyndham Worldwide COM 98310w108 2,655 26,446 SH   SOLE   26,446 0 0
Zoetis Inc. CL A COM 98978v103 2,886 46,265 SH   SOLE   46,265 0 0
iShares Core S&P Total US Stoc COM 464287150 3,658 66,000 SH   SOLE   66,000 0 0
iShares Residential Rel Est Ca COM 464288562 1,610 24,739 SH   SOLE   24,739 0 0