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
180 DEGREE CAP CORP COM 68235B109 41 21,000 SH   SOLE   21,000 0 0
3M CO COM 88579Y101 3,833 16,283 SH   SOLE   16,283 0 0
A H BELO CORP COM CL A 001282102 5,350 1,114,620 SH   SOLE   1,114,620 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 5,513 36,013 SH   SOLE   36,013 0 0
ADDUS HOMECARE CORP COM 006739106 10,285 295,547 SH   SOLE   295,547 0 0
AGILYSYS INC COM 00847J105 4,874 396,880 SH   SOLE   396,880 0 0
ALAMO GROUP INC COM 011311107 6,261 55,473 SH   SOLE   55,473 0 0
ALLIANZGI CON INCM 2024 TARG COM 01883H102 3,346 367,715 SH   SOLE   367,715 0 0
ALLIED MOTION TECHNOLOGIES I COM 019330109 3,281 99,153 SH   SOLE   99,153 0 0
AMERCO COM 023586100 9,288 24,578 SH   SOLE   24,578 0 0
AMERIPRISE FINL INC COM 03076C106 6,183 36,483 SH   SOLE   36,483 0 0
ANTHEM INC COM 036752103 6,529 29,015 SH   SOLE   29,015 0 0
ARBOR RLTY TR INC COM 038923108 9,946 1,151,194 SH   SOLE   1,151,194 0 0
ARC DOCUMENT SOLUTIONS INC COM 00191G103 4,815 1,888,160 SH   SOLE   1,888,160 0 0
ARES CAP CORP COM 04010L103 6,551 416,757 SH   SOLE   416,757 0 0
ASTRONOVA INC COM 04638F108 4,837 349,220 SH   SOLE   349,220 0 0
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 2,526 122,903 SH   SOLE   122,903 0 0
AUTOWEB INC COM 05335B100 1,451 161,000 SH   SOLE   161,000 0 0
AWARE INC MASS COM 05453N100 3,187 708,218 SH   SOLE   708,218 0 0
B RILEY FINL INC COM 05580M108 23,130 1,277,888 SH   SOLE   1,277,888 0 0
BAR HBR BANKSHARES COM 066849100 13,006 481,521 SH   SOLE   481,521 0 0
BASSETT FURNITURE INDS INC COM 070203104 2,181 58,000 SH   SOLE   58,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 6,784 34,226 SH   SOLE   34,226 0 0
BG STAFFING INC COM 05544A109 1,857 116,477 SH   SOLE   116,477 0 0
BLACKROCK CAPITAL INVESTMENT COM 092533108 6,922 1,111,091 SH   SOLE   1,111,091 0 0
BLACKROCK ENERGY & RES TR COM 09250U101 7,589 535,225 SH   SOLE   535,225 0 0
BLACKROCK MUN 2030 TAR TERM COM SHS BEN IN 09257P105 4,392 196,587 SH   SOLE   196,587 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 1,404 143,698 SH   SOLE   143,698 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 6,788 210,948 SH   SOLE   210,948 0 0
BLUELINX HLDGS INC COM NEW 09624H208 1,464 150,000 SH   SOLE   150,000 0 0
BOEING CO COM 097023105 7,890 26,754 SH   SOLE   26,754 0 0
BOULDER GROWTH & INCOME FD I COM 101507101 3,026 272,859 SH   SOLE   272,859 0 0
BRUNSWICK CORP COM 117043109 5,297 95,919 SH   SOLE   95,919 0 0
BSB BANCORP INC MD COM 05573H108 5,802 198,362 SH   SOLE   198,362 0 0
CALLAWAY GOLF CO COM 131193104 16,082 1,154,508 SH   SOLE   1,154,508 0 0
CANTEL MEDICAL CORP COM 138098108 633 6,149 SH   SOLE   6,149 0 0
CAPITAL SOUTHWEST CORP COM 140501107 31,047 1,875,980 SH   SOLE   1,875,980 0 0
CARBONITE INC COM 141337105 8,200 326,698 SH   SOLE   326,698 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 957 72,865 SH   SOLE   72,865 0 0
CECO ENVIRONMENTAL CORP COM 125141101 2,169 422,881 SH   SOLE   422,881 0 0
CHEROKEE INC DEL NEW COM 16444H102 209 110,150 SH   SOLE   110,150 0 0
CHIMERA INVT CORP COM NEW 16934Q208 7,433 402,205 SH   SOLE   402,205 0 0
CINTAS CORP COM 172908105 4,874 31,278 SH   SOLE   31,278 0 0
COCA COLA CO COM 191216100 2,569 56,000 SH   SOLE   56,000 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 6,299 552,086 SH   SOLE   552,086 0 0
COLUMBUS MCKINNON CORP N Y COM 199333105 2,679 67,000 SH   SOLE   67,000 0 0
COMMERCEHUB INC COM SER A 20084V108 3,474 158,000 SH   SOLE   158,000 0 0
COMMERCEHUB INC COM SER C 20084V306 8,739 424,452 SH   SOLE   424,452 0 0
CORE MOLDING TECHNOLOGIES IN COM 218683100 7,392 340,635 SH   SOLE   340,635 0 0
CORENERGY INFRASTRUCTURE TR COM NEW 21870U502 6,870 179,847 SH   SOLE   179,847 0 0
CSW INDUSTRIALS INC COM 126402106 8,409 183,011 SH   SOLE   183,011 0 0
CULP INC COM 230215105 2,334 69,676 SH   SOLE   69,676 0 0
CVS HEALTH CORP COM 126650100 3,978 54,865 SH   SOLE   54,865 0 0
CYBEROPTICS CORP COM 232517102 939 62,568 SH   SOLE   62,568 0 0
DEERE & CO COM 244199105 4,537 28,990 SH   SOLE   28,990 0 0
DELUXE CORP COM 248019101 14,159 184,265 SH   SOLE   184,265 0 0
DESTINATION XL GROUP INC COM 25065K104 2,694 1,224,372 SH   SOLE   1,224,372 0 0
DEUTSCHE HIGH INCOME OPPORT COM 25158Y102 7,013 466,915 SH   SOLE   466,915 0 0
DIGI INTL INC COM 253798102 13,419 1,405,079 SH   SOLE   1,405,079 0 0
DIGIRAD CORP COM 253827109 2,607 1,012,493 SH   SOLE   1,012,493 0 0
DLH HLDGS CORP COM 23335Q100 2,303 373,900 SH   SOLE   373,900 0 0
DOUGLAS DYNAMICS INC COM 25960R105 15,236 403,071 SH   SOLE   403,071 0 0
DRIVE SHACK INC COM 262077100 14,752 2,667,609 SH   SOLE   2,667,609 0 0
DST SYS INC DEL COM 233326107 3,539 57,023 SH   SOLE   57,023 0 0
EASTERLY GOVT PPTYS INC COM 27616P103 5,854 274,337 SH   SOLE   274,337 0 0
EATON VANCE TX ADV GLBL DIV COM 27828S101 6,147 354,709 SH   SOLE   354,709 0 0
ENSTAR GROUP LIMITED SHS G3075P101 7,601 37,864 SH   SOLE   37,864 0 0
ENTEGRA FINL CORP COM 29363J108 6,501 222,250 SH   SOLE   222,250 0 0
ETSY INC COM 29786A106 7,927 387,641 SH   SOLE   387,641 0 0
EVOLUTION PETROLEUM CORP COM 30049A107 2,418 353,000 SH   SOLE   353,000 0 0
EXXON MOBIL CORP COM 30231G102 4,020 48,066 SH   SOLE   48,066 0 0
FARMER BROS CO COM 307675108 7,969 247,870 SH   SOLE   247,870 0 0
FARMERS NATL BANC CORP COM 309627107 3,264 221,271 SH   SOLE   221,271 0 0
FERRO CORP COM 315405100 15,238 645,960 SH   SOLE   645,960 0 0
FIBROGEN INC COM 31572Q808 952 20,081 SH   SOLE   20,081 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 4,846 349,860 SH   SOLE   349,860 0 0
FIRST NORTHWEST BANCORP COM 335834107 4,881 299,420 SH   SOLE   299,420 0 0
FIRST TR DYNAMIC EUROPE EQT COM SHS 33740D107 6,507 345,588 SH   SOLE   345,588 0 0
FIRST TR ENERGY INFRASTRCTR COM 33738C103 3,900 217,529 SH   SOLE   217,529 0 0
FISERV INC COM 337738108 6,000 45,755 SH   SOLE   45,755 0 0
FRANKLIN COVEY CO COM 353469109 8,658 417,260 SH   SOLE   417,260 0 0
GENTHERM INC COM 37253A103 4,859 153,026 SH   SOLE   153,026 0 0
GREEN BRICK PARTNERS INC COM 392709101 17,382 1,538,237 SH   SOLE   1,538,237 0 0
HACKETT GROUP INC COM 404609109 11,747 747,750 SH   SOLE   747,750 0 0
HERITAGE CRYSTAL CLEAN INC COM 42726M106 3,715 170,800 SH   SOLE   170,800 0 0
HOOKER FURNITURE CORP COM 439038100 12,456 293,424 SH   SOLE   293,424 0 0
HORACE MANN EDUCATORS CORP N COM 440327104 7,998 181,357 SH   SOLE   181,357 0 0
HORMEL FOODS CORP COM 440452100 3,993 109,726 SH   SOLE   109,726 0 0
HUTTIG BLDG PRODS INC COM 448451104 439 66,000 SH   SOLE   66,000 0 0
I D SYSTEMS INC COM 449489103 2,384 343,546 SH   SOLE   343,546 0 0
IEC ELECTRS CORP NEW COM 44949L105 1,801 437,200 SH   SOLE   437,200 0 0
INFORMATION SERVICES GROUP I COM 45675Y104 4,199 1,007,000 SH   SOLE   1,007,000 0 0
INTL FCSTONE INC COM 46116V105 23,192 545,314 SH   SOLE   545,314 0 0
INVESCO LTD SHS G491BT108 3,687 100,903 SH   SOLE   100,903 0 0
J & J SNACK FOODS CORP COM 466032109 5,471 36,033 SH   SOLE   36,033 0 0
JOHNSON & JOHNSON COM 478160104 5,311 38,009 SH   SOLE   38,009 0 0
JPMORGAN CHASE & CO COM 46625H100 7,855 73,450 SH   SOLE   73,450 0 0
KIMBALL INTL INC CL B 494274103 5,930 317,639 SH   SOLE   317,639 0 0
KINGSTONE COS INC COM 496719105 2,957 157,300 SH   SOLE   157,300 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 4,864 65,516 SH   SOLE   65,516 0 0
LAWSON PRODS INC COM 520776105 3,023 122,122 SH   SOLE   122,122 0 0
LEAF GROUP LTD COM 52177G102 6,122 618,400 SH   SOLE   618,400 0 0
LENDINGTREE INC NEW COM 52603B107 7,877 23,137 SH   SOLE   23,137 0 0
LITHIA MTRS INC CL A 536797103 11,170 98,337 SH   SOLE   98,337 0 0
LSC COMMUNICATIONS INC COM 50218P107 4,919 324,683 SH   SOLE   324,683 0 0
MACQUARIE INFRASTRUCTURE COR COM 55608B105 10,171 158,426 SH   SOLE   158,426 0 0
MADDEN STEVEN LTD COM 556269108 7,218 154,562 SH   SOLE   154,562 0 0
MADISON CVRED CALL & EQ STR COM 557437100 7,935 1,027,789 SH   SOLE   1,027,789 0 0
MALIBU BOATS INC COM CL A 56117J100 14,462 486,441 SH   SOLE   486,441 0 0
MCBC HLDGS INC COM 55276F107 3,656 164,550 SH   SOLE   164,550 0 0
MICROSOFT CORP COM 594918104 8,584 100,349 SH   SOLE   100,349 0 0
MVC CAPITAL INC COM 553829102 5,300 501,911 SH   SOLE   501,911 0 0
NATHANS FAMOUS INC NEW COM 632347100 1,699 22,500 SH   SOLE   22,500 0 0
NATIONAL CINEMEDIA INC COM 635309107 1,965 286,459 SH   SOLE   286,459 0 0
NATURAL GAS SERVICES GROUP COM 63886Q109 10,315 393,699 SH   SOLE   393,699 0 0
NAUTILUS INC COM 63910B102 10,818 810,365 SH   SOLE   810,365 0 0
NCR CORP NEW COM 62886E108 3,138 92,326 SH   SOLE   92,326 0 0
NEUBERGER BERMAN MLP INCOME COM 64129H104 12,664 1,350,131 SH   SOLE   1,350,131 0 0
NEUBERGER BERMAN RE ES SEC F COM 64190A103 5,364 969,904 SH   SOLE   969,904 0 0
NEW SR INVT GROUP INC COM 648691103 2,912 385,241 SH   SOLE   385,241 0 0
NORTHSTAR REALTY EUROPE CORP COM 66706L101 8,883 661,465 SH   SOLE   661,465 0 0
NOVANTA INC COM 67000B104 7,182 143,632 SH   SOLE   143,632 0 0
NOVARTIS A G SPONSORED ADR 66987V109 2,623 31,244 SH   SOLE   31,244 0 0
NUVEEN BUILD AMER BD FD COM 67074C103 11,562 526,039 SH   SOLE   526,039 0 0
NUVEEN INTER DURATION MN TMF COM 670671106 4,615 355,251 SH   SOLE   355,251 0 0
NUVEEN MTG OPPORTUNITY TERM COM 670735109 12,068 488,795 SH   SOLE   488,795 0 0
OAKTREE STRATEGIC INCOME COR COM 67402D104 1,204 143,360 SH   SOLE   143,360 0 0
OFS CAP CORP COM 67103B100 2,987 250,978 SH   SOLE   250,978 0 0
OUTFRONT MEDIA INC COM 69007J106 8,399 362,009 SH   SOLE   362,009 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 2,651 129,000 SH   SOLE   129,000 0 0
PAR PACIFIC HOLDINGS INC COM NEW 69888T207 7,059 366,107 SH   SOLE   366,107 0 0
PCSB FINL CORP COM 69324R104 2,515 132,000 SH   SOLE   132,000 0 0
PENNANTPARK FLOATING RATE CA COM 70806A106 10,320 752,204 SH   SOLE   752,204 0 0
PERCEPTRON INC COM 71361F100 4,767 491,414 SH   SOLE   491,414 0 0
PFSWEB INC COM NEW 717098206 2,370 319,000 SH   SOLE   319,000 0 0
PHILIP MORRIS INTL INC COM 718172109 203 1,920 SH   SOLE   1,920 0 0
PROCTER AND GAMBLE CO COM 742718109 3,886 42,297 SH   SOLE   42,297 0 0
PZENA INVESTMENT MGMT INC CLASS A 74731Q103 18,278 1,713,058 SH   SOLE   1,713,058 0 0
RED LION HOTELS CORP COM 756764106 7,102 721,000 SH   SOLE   721,000 0 0
REIS INC COM 75936P105 5,240 253,775 SH   SOLE   253,775 0 0
REPUBLIC SVCS INC COM 760759100 4,807 71,106 SH   SOLE   71,106 0 0
RIGNET INC COM 766582100 5,688 380,492 SH   SOLE   380,492 0 0
RIVERNORTH DOUBLELINE STRATE COM 76882G107 5,548 301,865 SH   SOLE   301,865 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 1,689 156,178 SH   SOLE   156,178 0 0
ROYCE MICRO-CAP TR INC COM 780915104 2,490 263,798 SH   SOLE   263,798 0 0
ROYCE VALUE TR INC COM 780910105 4,433 274,178 SH   SOLE   274,178 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 7,388 472,689 SH   SOLE   472,689 0 0
SEASPAN CORP SHS Y75638109 6,232 923,283 SH   SOLE   923,283 0 0
SILVERCREST ASSET MGMT GROUP CL A 828359109 8,744 544,800 SH   SOLE   544,800 0 0
SIMULATIONS PLUS INC COM 829214105 6,456 400,990 SH   SOLE   400,990 0 0
SLEEP NUMBER CORP COM 83125X103 5,775 153,623 SH   SOLE   153,623 0 0
SOLAR CAP LTD COM 83413U100 6,691 331,054 SH   SOLE   331,054 0 0
SP PLUS CORP COM 78469C103 8,408 226,643 SH   SOLE   226,643 0 0
SPOK HLDGS INC COM 84863T106 14,212 908,091 SH   SOLE   908,091 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 4,301 106,247 SH   SOLE   106,247 0 0
STEWARDSHIP FINL CORP COM 860326107 513 50,000 SH   SOLE   50,000 0 0
STONECASTLE FINL CORP COM 861780104 10,662 529,640 SH   SOLE   529,640 0 0
STRYKER CORP COM 863667101 229 1,482 SH   SOLE   1,482 0 0
SUPERIOR UNIFORM GP INC COM 868358102 6,220 232,875 SH   SOLE   232,875 0 0
TARGET CORP COM 87612E106 3,831 58,705 SH   SOLE   58,705 0 0
TECHTARGET INC COM 87874R100 12,562 902,455 SH   SOLE   902,455 0 0
TEKLA HEALTHCARE INVS SH BEN INT 87911J103 5,008 222,080 SH   SOLE   222,080 0 0
THESTREET INC COM 88368Q103 2,434 1,678,569 SH   SOLE   1,678,569 0 0
TRANSACT TECHNOLOGIES INC COM 892918103 3,723 281,000 SH   SOLE   281,000 0 0
TRANSCAT INC COM 893529107 4,950 347,400 SH   SOLE   347,400 0 0
UFP TECHNOLOGIES INC COM 902673102 4,948 178,000 SH   SOLE   178,000 0 0
UNITED FINL BANCORP INC NEW COM 910304104 6,719 380,881 SH   SOLE   380,881 0 0
UNITED TECHNOLOGIES CORP COM 913017109 3,101 24,307 SH   SOLE   24,307 0 0
U S PHYSICAL THERAPY INC COM 90337L108 5,367 74,341 SH   SOLE   74,341 0 0
U S G CORP COM NEW 903293405 3,785 98,171 SH   SOLE   98,171 0 0
VAREX IMAGING CORP COM 92214X106 5,351 133,199 SH   SOLE   133,199 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 5,397 101,966 SH   SOLE   101,966 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 1,609 423,482 SH   SOLE   423,482 0 0
WASTE MGMT INC DEL COM 94106L109 5,559 64,411 SH   SOLE   64,411 0 0
WESTERN ASSET HGH YLD DFNDFD COM 95768B107 2,505 165,675 SH   SOLE   165,675 0 0
WESTWOOD HLDGS GROUP INC COM 961765104 11,430 172,636 SH   SOLE   172,636 0 0
MESA LABS INC COM 59064R109 1,291 10,386 SH   SOLE   10,386 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 9,958 118,758 SH   SOLE   118,758 0 0
ISHARES INC CORE MSCI EMKT 46434G103 2,194 38,557 SH   SOLE   38,557 0 0
ISHARES TR CORE MSCI EURO 46434V738 11,251 224,260 SH   SOLE   224,260 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 16,924 110,784 SH   SOLE   110,784 0 0
ISHARES TR S&P 500 VAL ETF 464287408 5,548 48,567 SH   SOLE   48,567 0 0
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 13,346 201,334 SH   SOLE   201,334 0 0