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
ACME UTD CORP COM 004816104 2,027 110,751 SH   SOLE   29,000 0 81,751
AEGION CORP COM 00770F104 7,806 400,104 SH   SOLE   79,750 0 320,354
FEDERAL AGRIC MTG CORP CL C 313148306 16,323 468,785 SH   SOLE   75,480 0 393,305
ANDERSONS INC COM 034164103 4,896 137,982 SH   SOLE   0 0 137,982
APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 17 15,000 SH   SOLE   15,000 0 0
ARI NETWORK SVCS INC COM NEW 001930205 1,618 385,169 SH   SOLE   381,844 0 3,325
AMERICAN WTR WKS CO INC NEW COM 030420103 6,735 79,690 SH   SOLE   11,300 0 68,390
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 3,895 70,816 SH   SOLE   0 0 70,816
BANK COMM HLDGS COM 06424J103 983 148,950 SH   SOLE   115,000 0 33,950
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 262 1,809 SH   SOLE   200 0 1,609
CAMTEK LTD ORD M20791105 858 408,515 SH   SOLE   41,000 0 367,515
CENTRAL GARDEN & PET CO COM 153527106 1,834 80,329 SH   SOLE   0 0 80,329
CHINA FD INC COM 169373107 1,243 85,945 SH   SOLE   439 0 85,506
CHINA CORD BLOOD CORP SHS G21107100 78 13,553 SH   SOLE   0 0 13,553
CRAWFORD & CO CL A 224633206 6,864 899,560 SH   SOLE   160,154 0 739,406
AMERICAS CAR MART INC COM 03062T105 419 14,845 SH   SOLE   7,600 0 7,245
CISCO SYS INC COM 17275R102 380 13,246 SH   SOLE   500 0 12,746
CASH AMER INTL INC COM 14754D100 8,555 200,720 SH   SOLE   29,450 0 171,270
CUSTOMERS BANCORP INC COM 23204G100 10,418 414,558 SH   SOLE   10,000 0 404,558
CUI GLOBAL INC COM NEW 126576206 2,863 567,025 SH   SOLE   0 0 567,025
CVS HEALTH CORP COM 126650100 522 5,450 SH   SOLE   0 0 5,450
CPI AEROSTRUCTURES INC COM NEW 125919308 188 30,500 SH   SOLE   0 0 30,500
DISCOVER FINL SVCS COM 254709108 1,207 22,517 SH   SOLE   0 0 22,517
DEVRY ED GROUP INC COM 251893103 1,243 69,691 SH   SOLE   0 0 69,691
ISHARES TR SELECT DIVID ETF 464287168 209 2,450 SH   SOLE   0 0 2,450
DAWSON GEOPHYSICAL CO NEW COM 239360100 4,862 596,586 SH   SOLE   0 0 596,586
DESTINATION XL GROUP INC COM 25065K104 1,095 239,624 SH   SOLE   26,300 0 213,324
US ECOLOGY INC COM 91732J102 395 8,600 SH   SOLE   0 0 8,600
EDUCATIONAL DEV CORP COM 281479105 445 38,292 SH   SOLE   38,292 0 0
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 157 17,500 SH   SOLE   17,500 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 9,711 144,600 SH   SOLE   300 0 144,300
ENOVA INTL INC COM 29357K103 2,960 402,178 SH   SOLE   26,946 0 375,232
EAST WEST BANCORP INC COM 27579R104 8,281 242,266 SH   SOLE   29,500 0 212,766
EZCORP INC CL A NON VTG 302301106 6,121 809,710 SH   SOLE   142,475 0 667,235
FARMERS NATL BANC CORP COM 309627107 734 83,399 SH   SOLE   0 0 83,399
FLEXIBLE SOLUTIONS INTL INC COM 33938T104 66 47,150 SH   SOLE   0 0 47,150
STEALTHGAS INC SHS Y81669106 1,865 493,261 SH   SOLE   50,000 0 443,261
ABERDEEN GTR CHINA FD INC COM 003031101 633 75,555 SH   SOLE   0 0 75,555
GENERAL ELECTRIC CO COM 369604103 2,958 93,975 SH   SOLE   0 0 93,975
GENERAL FIN CORP DEL COM 369822101 192 45,291 SH   SOLE   45,291 0 0
GENWORTH FINL INC COM CL A 37247D106 2,152 834,260 SH   SOLE   0 0 834,260
GENESEE & WYO INC CL A 371559105 286 4,850 SH   SOLE   0 0 4,850
HANMI FINL CORP COM NEW 410495204 401 17,058 SH   SOLE   0 0 17,058
HARDINGE INC COM 412324303 3,723 370,128 SH   SOLE   55,357 0 314,771
HOPFED BANCORP INC COM 439734104 314 27,117 SH   SOLE   20,832 0 6,285
HONEYWELL INTL INC COM 438516106 477 4,100 SH   SOLE   0 0 4,100
HORNBECK OFFSHORE SVCS INC N COM 440543106 92 11,050 SH   SOLE   0 0 11,050
HUNTSMAN CORP COM 447011107 6,979 518,898 SH   SOLE   0 0 518,898
ISHARES TR U.S. MED DVC ETF 464288810 251 1,850 SH   SOLE   0 0 1,850
INSTEEL INDUSTRIES INC COM 45774W108 2,192 76,685 SH   SOLE   0 0 76,685
ISHARES TR CORE S&P MCP ETF 464287507 500 3,350 SH   SOLE   0 0 3,350
INTEST CORP COM 461147100 726 190,645 SH   SOLE   43,100 0 147,545
INNOSPEC INC COM 45768S105 9,125 198,420 SH   SOLE   22,200 0 176,220
ISHARES TR CORE S&P500 ETF 464287200 674 3,200 SH   SOLE   0 0 3,200
JACOBS ENGR GROUP INC DEL COM 469814107 13,609 273,215 SH   SOLE   45,510 0 227,705
JOHNSON & JOHNSON COM 478160104 552 4,553 SH   SOLE   0 0 4,553
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1,741 178,029 SH   SOLE   12,800 0 165,229
KOREA EQUITY FD INC COM 50063B104 156 19,847 SH   SOLE   0 0 19,847
KRATON PERFORMANCE POLYMERS COM 50077C106 3,502 125,399 SH   SOLE   0 0 125,399
LIMONEIRA CO COM 532746104 1,638 92,980 SH   SOLE   23,017 0 69,963
LUNA INNOVATIONS COM 550351100 510 411,421 SH   SOLE   359,796 0 51,625
LSB INDS INC COM 502160104 2,669 220,984 SH   SOLE   64,746 0 156,238
MDU RES GROUP INC COM 552690109 1,817 75,727 SH   SOLE   750 0 74,977
MFRI INC COM 552721102 1,810 242,608 SH   SOLE   46,882 0 195,726
MOBILE MINI INC COM 60740F105 6,594 190,352 SH   SOLE   0 0 190,352
MILLER INDS INC TENN COM NEW 600551204 553 26,851 SH   SOLE   0 0 26,851
MANITEX INTL INC COM 563420108 3,830 552,609 SH   SOLE   279,820 0 272,789
ALTRIA GROUP INC COM 02209S103 414 6,000 SH   SOLE   0 0 6,000
MARATHON PETE CORP COM 56585A102 332 8,750 SH   SOLE   0 0 8,750
MICROSOFT CORP COM 594918104 632 12,350 SH   SOLE   0 0 12,350
MATRIX SVC CO COM 576853105 5,773 350,117 SH   SOLE   12,600 0 337,517
NATURES SUNSHINE PRODUCTS IN COM 639027101 7,350 771,262 SH   SOLE   176,557 0 594,705
ISHARES U S ETF TR SHT MAT BD ETF 46431W507 1,811 36,100 SH   SOLE   0 0 36,100
NORTHERN TECH INTL CORP COM 665809109 349 31,612 SH   SOLE   0 0 31,612
NUTRACEUTICAL INTL CORP COM 67060Y101 2,550 110,166 SH   SOLE   0 0 110,166
NV5 GLOBAL INC COM 62945V109 9,522 334,796 SH   SOLE   16,600 0 318,196
NATIONAL WESTN LIFE GROUP IN CL A 638517102 4,059 20,787 SH   SOLE   3,001 0 17,786
OWENS ILL INC COM NEW 690768403 5,683 315,550 SH   SOLE   16,400 0 299,150
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 140 19,500 SH   SOLE   14,000 0 5,500
PRO-DEX INC COLO COM NEW 74265M205 78 14,000 SH   SOLE   14,000 0 0
PFIZER INC COM 717081103 489 13,901 SH   SOLE   500 0 13,401
ISHARES TR U.S. PFD STK ETF 464288687 215 5,400 SH   SOLE   0 0 5,400
EPLUS INC COM 294268107 2,292 28,024 SH   SOLE   0 0 28,024
PATRIOT NATL INC COM 70338T102 331 40,485 SH   SOLE   0 0 40,485
POINTER TELOCATION LTD SHS M7946T104 141 25,000 SH   SOLE   25,000 0 0
PIONEER PWR SOLUTIONS INC COM NEW 723836300 1,614 301,710 SH   SOLE   75,000 0 226,710
PRGX GLOBAL INC COM NEW 69357C503 2,205 422,329 SH   SOLE   106,318 0 316,011
RENT A CTR INC NEW COM 76009N100 3,837 312,711 SH   SOLE   400 0 312,311
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,331 28,367 SH   SOLE   0 0 28,367
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 9,905 1,105,483 SH   SOLE   272,232 0 833,251
SERVICE CORP INTL COM 817565104 10,654 393,993 SH   SOLE   21,726 0 372,267
SPECTRA ENERGY CORP COM 847560109 521 14,225 SH   SOLE   250 0 13,975
ABERDEEN SINGAPORE FD INC COM 003244100 314 34,724 SH   SOLE   15,269 0 19,455
SILICOM LTD ORD M84116108 1,732 57,930 SH   SOLE   1,500 0 56,430
INVENTURE FOODS INC COM 461212102 3,815 488,498 SH   SOLE   215,926 0 272,572
SUPERCOM LTD NEW SHS NEW M87095119 1,511 397,740 SH   SOLE   10,000 0 387,740
ST JUDE MED INC COM 790849103 410 5,250 SH   SOLE   0 0 5,250
STERLING CONSTRUCTION CO INC COM 859241101 491 100,000 SH   SOLE   100,000 0 0
SYNALLOY CP DEL COM 871565107 547 71,364 SH   SOLE   0 0 71,364
TCP INTL HLDGS LTD COM H84689100 417 359,164 SH   SOLE   0 0 359,164
TOR MINERALS INTL INC COM NEW 890878309 448 103,913 SH   SOLE   103,913 0 0
TRAVELERS COMPANIES INC COM 89417E109 7,857 66,003 SH   SOLE   216 0 65,787
TETRA TECH INC NEW COM 88162G103 8,444 274,662 SH   SOLE   51,000 0 223,662
TUPPERWARE BRANDS CORP COM 899896104 4,534 80,561 SH   SOLE   14,350 0 66,211
UNIQUE FABRICATING INC COM 90915J103 2,346 175,200 SH   SOLE   113,325 0 61,875
USA TECHNOLOGIES INC COM NO PAR 90328S500 237 55,500 SH   SOLE   33,000 0 22,500
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 339 2,600 SH   SOLE   0 0 2,600
VIMPELCOM LTD SPONSORED ADR 92719A106 52 13,300 SH   SOLE   13,300 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 2,864 484,611 SH   SOLE   45,346 0 439,265
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 146 10,000 SH   SOLE   10,000 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 487 2,535 SH   SOLE   0 0 2,535
VOXX INTL CORP CL A 91829F104 906 324,789 SH   SOLE   0 0 324,789
WILLBROS GROUP INC DEL COM 969203108 1,025 405,106 SH   SOLE   0 0 405,106
WILSHIRE BANCORP INC COM 97186T108 7,462 716,109 SH   SOLE   110,000 0 606,109
WIDEPOINT CORP COM 967590100 560 948,871 SH   SOLE   551,724 0 397,147
EXXON MOBIL CORP COM 30231G102 476 5,076 SH   SOLE   0 0 5,076
BBCN BANCORP INC COM 073295107 484 32,471 SH   SOLE   2,427 0 30,044