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 1,682 29,600 SH   SOLE   3,000 0 26,600
ACACIA RESH CORP ACACIA TCH COM 003881307 395 23,315 SH   SOLE   1,500 0 21,815
ACME UTD CORP COM 004816104 3,390 169,568 SH   SOLE   4,000 0 165,568
ADAMIS PHARMACEUTICALS CORP COM NEW 00547W208 1,121 181,675 SH   SOLE   7,000 0 174,675
ADVANTAGE OIL & GAS LTD COM 00765F101 349 72,960 SH   SOLE   0 0 72,960
AIR INDS GROUP COM NEW 00912N205 1,038 98,700 SH   SOLE   5,000 0 93,700
AKERS BIOSCIENCES INC COM 00973E102 362 90,700 SH   SOLE   5,000 0 85,700
AMERICAN EAGLE ENERGY CORP COM NEW 02554F300 58 93,315 SH   SOLE   0 0 93,315
APPLE INC COM 037833100 260 2,358 SH   SOLE   0 0 2,358
ARC LOGISTICS PARTNERS LP COM UT REP LPN 03879N101 1,392 81,610 PRN   SOLE   0 0 81,610
ARLINGTON ASSET INVT CORP CL A NEW 041356205 2,212 83,120 SH   SOLE   0 0 83,120
ASURE SOFTWARE INC COM 04649U102 705 125,305 SH   SOLE   10,000 0 115,305
ATLANTIC COAST FINL CORP COM 048426100 592 149,100 SH   SOLE   17,400 0 131,700
ATLAS ENERGY LP COM UNITS LP 04930A104 547 17,575 PRN   SOLE   0 0 17,575
ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 1,552 56,940 PRN   SOLE   0 0 56,940
BACTERIN INTL HLDGS INC COM NEW 05644R200 497 164,151 SH   SOLE   9,500 0 154,651
BALCHEM CORP COM 057665200 3,996 59,969 SH   SOLE   5,000 0 54,969
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2,101 13,991 SH   SOLE   0 0 13,991
BLUEROCK RESIDENT GR REIT IN COM CL A 09627J102 1,979 159,245 SH   SOLE   0 0 159,245
BOSTON BEER INC CL A 100557107 970 3,350 SH   SOLE   0 0 3,350
BOWL AMER INC CL A 102565108 606 42,295 SH   SOLE   0 0 42,295
BRIDGELINE DIGITAL INC COM 10807Q205 107 235,450 SH   SOLE   30,000 0 205,450
BURCON NUTRASCIENCE CORP COM 120831102 264 114,620 SH   SOLE   17,959 0 96,661
CALAMOS GLOBAL TOTAL RETURN COM SH BEN INT 128118106 254 19,250 SH   SOLE   0 0 19,250
CAMDEN PPTY TR SH BEN INT 133131102 203 2,750 SH   SOLE   0 0 2,750
CAMPUS CREST CMNTYS INC COM 13466Y105 101 13,800 SH   SOLE   0 0 13,800
CARETRUST REIT INC COM 14174T107 1,261 102,232 SH   SOLE   2,691 0 99,541
CARRIAGE SVCS INC COM 143905107 4,487 214,177 SH   SOLE   6,000 0 208,177
CEDAR FAIR L P DEPOSITRY UNIT 150185106 1,865 38,995 PRN   SOLE   0 0 38,995
CELADON GROUP INC COM 150838100 1,069 47,117 SH   SOLE   6,000 0 41,117
CELLECTAR BIOSCIENCES INC COM NEW 15117F203 133 43,000 SH   SOLE   5,000 0 38,000
CELLECTAR BIOSCIENCES INC *W EXP 08/19/201 15117F112 24 30,000 PRN   SOLE   5,000 0 25,000
CITY OFFICE REIT INC COM 178587101 1,600 125,035 SH   SOLE   0 0 125,035
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 404 13,822 SH   SOLE   0 0 13,822
CORENERGY INFRASTRUCTURE TR COM 21870U205 2,460 379,635 SH   SOLE   8,500 0 371,135
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 798 28,125 SH   SOLE   0 0 28,125
CPI AEROSTRUCTURES INC COM NEW 125919308 1,267 124,125 SH   SOLE   5,000 0 119,125
CUMBERLAND PHARMACEUTICALS I COM 230770109 531 88,740 SH   SOLE   0 0 88,740
DAKOTA PLAINS HLDGS INC COM 234255107 33 18,800 SH   SOLE   0 0 18,800
DAKTRONICS INC COM 234264109 2,114 169,020 SH   SOLE   9,700 0 159,320
DESTINATION XL GROUP INC COM 25065K104 630 115,315 SH   SOLE   10,000 0 105,315
DEUTSCHE BK AG LDN BRH PS AGRI LG ETN 25154H533 382 27,315 SH   SOLE   0 0 27,315
DORCHESTER MINERALS LP COM UNIT 25820R105 2,160 84,595 PRN   SOLE   0 0 84,595
EAGLE PT CR CO LLC COM 269808101 2,390 118,925 SH   SOLE   0 0 118,925
ENSERVCO CORP COM 29358Y102 16 10,000 SH   SOLE   0 0 10,000
ENSIGN GROUP INC COM 29358P101 3,312 74,620 SH   SOLE   4,000 0 70,620
ENVIROSTAR INC COM 29414M100 1,362 495,279 SH   SOLE   35,000 0 460,279
EVOLUTION PETROLEUM CORP COM 30049A107 3,642 490,175 SH   SOLE   30,400 0 459,775
FARMLAND PARTNERS INC COM 31154R109 1,351 129,790 SH   SOLE   0 0 129,790
FIDUCIARY CLAYMORE MLP OPP F COM 31647Q106 426 16,324 SH   SOLE   0 0 16,324
FIRST MAJESTIC SILVER CORP COM 32076V103 1,289 256,844 SH   SOLE   12,180 0 244,664
FIRST POTOMAC RLTY TR COM 33610F109 716 57,930 PRN   SOLE   0 0 57,930
FLAHERTY&CRMN PFD SEC INCOM COM 338478100 891 46,775 SH   SOLE   0 0 46,775
FRANCO NEVADA CORP COM 351858105 744 15,122 SH   SOLE   1,046 0 14,076
GENERAL FIN CORP DEL COM 369822101 1,956 198,400 SH   SOLE   10,000 0 188,400
GLADSTONE CAPITAL CORP COM 376535100 253 30,550 SH   SOLE   0 0 30,550
GLADSTONE COML CORP COM 376536108 1,488 86,664 PRN   SOLE   0 0 86,664
GLADSTONE LD CORP COM 376549101 1,688 157,750 SH   SOLE   3,000 0 154,750
GOLDCORP INC NEW COM 380956409 815 43,996 SH   SOLE   4,300 0 39,696
GP STRATEGIES CORP COM 36225V104 397 11,700 SH   SOLE   0 0 11,700
GRAMERCY PPTY TR INC COM 38489R100 2,557 370,600 PRN   SOLE   0 0 370,600
GRAN TIERRA ENERGY INC COM 38500T101 181 46,953 SH   SOLE   0 0 46,953
GSE SYS INC COM 36227K106 750 471,965 SH   SOLE   30,000 0 441,965
HAIN CELESTIAL GROUP INC COM 405217100 1,976 33,900 SH   SOLE   4,000 0 29,900
HARVARD APPARATUS REGENER TE COM 41690A106 49 15,552 SH   SOLE   2,500 0 13,052
HARVARD BIOSCIENCE INC COM 416906105 2,276 401,325 SH   SOLE   10,000 0 391,325
HEALTH CARE REIT INC COM 42217K106 2,240 29,598 PRN   SOLE   0 0 29,598
HENRY JACK & ASSOC INC COM 426281101 948 15,250 SH   SOLE   0 0 15,250
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 2,160 69,625 PRN   SOLE   0 0 69,625
HUDSON TECHNOLOGIES INC COM 444144109 2,608 691,850 SH   SOLE   20,000 0 671,850
I D SYSTEMS INC COM 449489103 1,119 167,200 SH   SOLE   7,000 0 160,200
ICON PLC SHS G4705A100 500 9,800 SH   SOLE   0 0 9,800
IDEX CORP COM 45167R104 1,230 15,805 SH   SOLE   0 0 15,805
II VI INC COM 902104108 3,526 258,344 SH   SOLE   7,800 0 250,544
IMAGE SENSING SYS INC COM 45244C104 96 35,910 SH   SOLE   0 0 35,910
IMPRIMIS PHARMACEUTICALS INC COM NEW 45323A201 571 76,128 SH   SOLE   3,950 0 72,178
INDEPENDENCE RLTY TR INC COM 45378A106 2,119 227,625 SH   SOLE   0 0 227,625
INTEST CORP COM 461147100 1,699 399,735 SH   SOLE   15,000 0 384,735
INVENTURE FOODS INC COM 461212102 261 20,500 SH   SOLE   0 0 20,500
ISHARES SILVER TRUST ISHARES 46428Q109 540 35,880 SH   SOLE   0 0 35,880
ISHARES TR TIPS BD ETF 464287176 697 6,225 SH   SOLE   0 0 6,225
J & J SNACK FOODS CORP COM 466032109 218 2,000 SH   SOLE   2,000 0 0
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 355 39,557 SH   SOLE   0 0 39,557
JOINT CORP COM 47973J102 457 71,600 SH   SOLE   4,000 0 67,600
KAYNE ANDERSON MDSTM ENERGY COM 48661E108 317 9,305 SH   SOLE   0 0 9,305
KAYNE ANDERSON MLP INVT CO COM 486606106 1,334 34,945 SH   SOLE   0 0 34,945
KMG CHEMICALS INC COM 482564101 2,581 129,060 SH   SOLE   5,000 0 124,060
KRATOS DEFENSE & SEC SOLUTIO COM NEW 50077B207 834 166,224 SH   SOLE   4,873 0 161,351
LASALLE HOTEL PPTYS COM SH BEN INT 517942108 612 15,130 PRN   SOLE   0 0 15,130
LAYNE CHRISTENSEN CO COM 521050104 192 20,105 SH   SOLE   0 0 20,105
LEXINGTON REALTY TRUST COM 529043101 601 54,739 PRN   SOLE   0 0 54,739
MAGNUM HUNTER RES CORP DEL COM 55973B102 783 249,518 SH   SOLE   11,964 0 237,554
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 1,165 48,683 SH   SOLE   0 0 48,683
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 196 10,665 SH   SOLE   0 0 10,665
MARLIN MIDSTREAM PARTNERS LP COM UTLTD PTN IN 57118V100 339 18,625 PRN   SOLE   0 0 18,625
MARTEN TRANS LTD COM 573075108 1,044 47,737 SH   SOLE   0 0 47,737
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 1,012 37,665 PRN   SOLE   0 0 37,665
MEDICAL PPTYS TRUST INC COM 58463J304 1,659 120,365 PRN   SOLE   0 0 120,365
MEDLEY MGMT INC CL A COM 58503T106 419 28,500 SH   SOLE   2,000 0 26,500
MICRONET ENERTEC TECH INC COM 595117102 611 171,770 SH   SOLE   6,000 0 165,770
MICRONET ENERTEC TECH INC *W EXP 04/15/201 595117110 28 47,855 SH   SOLE   3,000 0 44,855
MILLER INDS INC TENN COM NEW 600551204 965 46,410 SH   SOLE   0 0 46,410
MOCON INC COM 607494101 1,961 109,642 SH   SOLE   5,000 0 104,642
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,960 177,055 PRN   SOLE   0 0 177,055
MONROE CAP CORP COM 610335101 1,986 137,375 SH   SOLE   0 0 137,375
NEOGENOMICS INC COM NEW 64049M209 2,048 491,100 SH   SOLE   50,000 0 441,100
NEWTEK BUSINESS SVCS CORP COM NEW 652526203 1,642 111,225 SH   SOLE   0 0 111,225
NORTHERN OIL & GAS INC NEV COM 665531109 478 84,550 SH   SOLE   3,000 0 81,550
OCI PARTNERS LP COM UNIT REP LP 67091N108 1,921 120,035 SH   SOLE   0 0 120,035
OHA INVT CORP COM 67091U102 208 44,315 SH   SOLE   0 0 44,315
OXFORD LANE CAP CORP COM 691543102 1,580 105,665 SH   SOLE   0 0 105,665
PEAK RESORTS INC COM 70469L100 1,259 157,400 SH   SOLE   2,000 0 155,400
PEMBINA PIPELINE CORP COM 706327103 2,531 69,525 SH   SOLE   0 0 69,525
PICO HLDGS INC COM NEW 693366205 2,411 127,896 SH   SOLE   5,000 0 122,896
POWERSHARES ETF TR II S&P SMCP UTI P 73937B837 2,770 68,990 SH   SOLE   0 0 68,990
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 578 23,207 SH   SOLE   0 0 23,207
PREFERRED APT CMNTYS INC COM 74039L103 1,644 180,645 SH   SOLE   0 0 180,645
PROFESSIONAL DIVERSITY NET I COM 74312Y103 327 67,150 SH   SOLE   0 0 67,150
PROSHARES TR PSHS ULTRUSS2000 74347R842 244 2,700 SH   SOLE   0 0 2,700
PSIVIDA CORP COM 74440J101 310 75,509 SH   SOLE   20,000 0 55,509
PURECYCLE CORP COM NEW 746228303 442 110,400 SH   SOLE   0 0 110,400
QUAKER CHEM CORP COM 747316107 3,293 35,780 SH   SOLE   2,000 0 33,780
QUALSTAR CORP COM 74758R109 206 155,770 SH   SOLE   0 0 155,770
RAIT FINANCIAL TRUST COM NEW 749227609 77 10,000 SH   SOLE   0 0 10,000
RAND LOGISTICS INC COM 752182105 888 224,856 SH   SOLE   20,000 0 204,856
RCM TECHNOLOGIES INC COM NEW 749360400 628 89,645 SH   SOLE   10,000 0 79,645
RICEBRAN TECHNOLOGIES COM NEW 762831204 287 68,925 SH   SOLE   5,000 0 63,925
RICEBRAN TECHNOLOGIES *W EXP 12/18/201 762831113 46 46,300 SH   SOLE   5,000 0 41,300
RIO ALTO MNG LTD NEW COM 76689T104 64 26,200 SH   SOLE   6,000 0 20,200
ROYAL GOLD INC COM 780287108 1,310 20,895 SH   SOLE   1,500 0 19,395
ROYCE MICRO-CAP TR INC COM 780915104 2,205 218,702 SH   SOLE   0 0 218,702
S&W SEED CO COM 785135104 1,364 340,925 SH   SOLE   25,000 0 315,925
SAJAN INC COM NEW 79379T202 590 104,450 SH   SOLE   3,000 0 101,450
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,300 91,195 SH   SOLE   0 0 91,195
SANDSTORM GOLD LTD COM NEW 80013R206 1,213 356,689 SH   SOLE   4,700 0 351,989
SEABRIDGE GOLD INC COM 811916105 325 43,055 SH   SOLE   0 0 43,055
SEASPAN CORP SHS Y75638109 539 29,925 SH   SOLE   3,000 0 26,925
SENIOR HSG PPTYS TR SH BEN INT 81721M109 469 21,215 PRN   SOLE   0 0 21,215
SIGNATURE BK NEW YORK N Y COM 82669G104 340 2,700 SH   SOLE   325 0 2,375
SILVER WHEATON CORP COM 828336107 1,671 82,171 SH   SOLE   1,850 0 80,321
SILVERCREST MINES INC COM 828365106 75 59,100 SH   SOLE   15,000 0 44,100
SL GREEN RLTY CORP COM 78440X101 244 2,050 PRN   SOLE   0 0 2,050
SMARTPROS LTD COM 83171G103 257 161,925 SH   SOLE   5,000 0 156,925
SMTP INC COM NEW 784589202 1,309 215,340 SH   SOLE   11,000 0 204,340
SP PLUS CORP COM 78469C103 2,592 102,730 SH   SOLE   4,000 0 98,730
SPARK ENERGY INC CL A COM 846511103 1,688 119,767 SH   SOLE   3,000 0 116,767
SPARTON CORP COM 847235108 4,566 161,125 SH   SOLE   7,000 0 154,125
SPDR GOLD TRUST GOLD SHS 78463V107 245 2,161 SH   SOLE   0 0 2,161
SPECTRUM PHARMACEUTICALS INC COM 84763A108 1,559 225,000 SH   SOLE   3,500 0 221,500
STERICYCLE INC COM 858912108 5,944 45,350 SH   SOLE   3,200 0 42,150
STRATEGIC HOTELS & RESORTS I COM 86272T106 175 13,200 PRN   SOLE   0 0 13,200
SUNOPTA INC COM 8676EP108 2,052 173,152 SH   SOLE   10,000 0 163,152
SUPERCONDUCTOR TECHNOLOGIES COM PAR $0.001 867931404 621 224,035 SH   SOLE   5,000 0 219,035
SUPERIOR DRILLING PRODS INC COM 868153107 464 111,600 SH   SOLE   10,000 0 101,600
TARGA RESOURCES PARTNERS LP COM UNIT 87611X105 2,575 53,790 PRN   SOLE   0 0 53,790
TEAM INC COM 878155100 3,884 95,995 SH   SOLE   6,000 0 89,995
TECOGEN INC NEW COM NEW 87876P201 3,139 601,400 SH   SOLE   25,000 0 576,400
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 212 3,684 SH   SOLE   0 0 3,684
TORTOISE MLP FD INC COM 89148B101 2,652 94,962 SH   SOLE   0 0 94,962
TRAVELCENTERS OF AMERICA LLC COM 894174101 126 10,000 SH   SOLE   10,000 0 0
TRIANGLE PETE CORP COM NEW 89600B201 2,120 443,550 SH   SOLE   19,000 0 424,550
TRUETT-HURST INC CL A 897871109 972 245,200 SH   SOLE   8,000 0 237,200
TYLER TECHNOLOGIES INC COM 902252105 6,413 58,600 SH   SOLE   3,000 0 55,600
U M H PROPERTIES INC COM 903002103 731 76,575 PRN   SOLE   0 0 76,575
U S PHYSICAL THERAPY INC COM 90337L108 3,989 95,073 SH   SOLE   4,000 0 91,073
UROPLASTY INC COM NEW 917277204 626 303,831 SH   SOLE   15,000 0 288,831
USA COMPRESSION PARTNERS LP COMUNIT LTDPAR 90290N109 385 23,225 SH   SOLE   0 0 23,225
VANGUARD NAT RES LLC COM UNIT 92205F106 446 29,620 SH   SOLE   0 0 29,620
VENAXIS INC COM 92262A107 834 471,050 SH   SOLE   30,500 0 440,550
WAVE SYSTEMS CORP CL A PAR $0.01 943526400 42 52,905 SH   SOLE   0 0 52,905
WILLDAN GROUP INC COM 96924N100 3,571 264,694 SH   SOLE   15,000 0 249,694
XG TECHNOLOGY INC COM PAR$.00001 98372A309 214 420,000 SH   SOLE   10,000 0 410,000
XPLORE TECHNOLOGIES CORP COM PAR $0.001 983950700 1,326 197,575 SH   SOLE   5,000 0 192,575
YAMANA GOLD INC COM 98462Y100 268 66,774 SH   SOLE   4,470 0 62,304