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
LGL GROUP INC W EXP 08/06/2018 50186A116 1 98,350 SH   SOLE   38,100 0 60,250
ACME UTD CORP COM 004816104 3,553 196,317 SH   SOLE   32,351 0 163,966
AEGION CORP COM 00770F104 9,841 519,604 SH   SOLE   79,750 0 439,854
FEDERAL AGRIC MTG CORP CL C 313148306 20,114 692,148 SH   SOLE   85,958 0 606,190
ANDERSONS INC COM 034164103 3,674 94,211 SH   SOLE   0 0 94,211
ARI NETWORK SVCS INC COM NEW 001930205 1,493 476,844 SH   SOLE   476,844 0 0
ASTA FDG INC COM 046220109 928 110,756 SH   SOLE   55,853 0 54,903
AMERICAN WTR WKS CO INC NEW COM 030420103 22,259 457,717 SH   SOLE   38,700 0 419,017
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 4,340 81,311 SH   SOLE   0 0 81,311
BBCN BANCORP INC COM 073295107 1,237 83,608 SH   SOLE   35,089 0 48,519
BANK COMM HLDGS COM 06424J103 1,506 262,750 SH   SOLE   220,000 0 42,750
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 505 3,709 SH   SOLE   200 0 3,509
CAMBRIDGE CAP ACQUISITION CO W EXP 12/23/2018 13215Q114 8 50,000 SH   SOLE   50,000 0 0
CAMTEK LTD ORD M20791105 646 235,065 SH   SOLE   33,000 0 202,065
CENTRAL GARDEN & PET CO COM 153527106 1,049 99,329 SH   SOLE   0 0 99,329
CHINA FD INC COM 169373107 2,986 150,290 SH   SOLE   439 0 149,851
CHINA CORD BLOOD CORP SHS G21107100 1,160 188,330 SH   SOLE   0 0 188,330
CHINA PHARMA HLDGS INC COM 16941T104 179 496,785 SH   SOLE   224,909 0 271,876
CRAWFORD & CO CL A 224633206 8,450 1,110,363 SH   SOLE   160,154 0 950,209
AMERICAS CAR MART INC COM 03062T105 1,233 24,995 SH   SOLE   7,600 0 17,395
CISCO SYS INC COM 17275R102 364 13,246 SH   SOLE   500 0 12,746
CASH AMER INTL INC COM 14754D100 7,477 285,476 SH   SOLE   29,450 0 256,026
CUSTOMERS BANCORP INC COM 23204G100 13,404 498,482 SH   SOLE   0 0 498,482
CVS HEALTH CORP COM 126650100 572 5,450 SH   SOLE   0 0 5,450
CPI AEROSTRUCTURES INC COM NEW 125919308 322 32,125 SH   SOLE   0 0 32,125
DISCOVER FINL SVCS COM 254709108 1,745 30,292 SH   SOLE   0 0 30,292
DEVRY ED GROUP INC COM 251893103 4,052 135,142 SH   SOLE   0 0 135,142
DAWSON GEOPHYSICAL CO NEW COM 239360100 2,038 433,609 SH   SOLE   0 0 433,609
DESTINATION XL GROUP INC COM 25065K104 2,122 423,607 SH   SOLE   48,300 0 375,307
US ECOLOGY INC COM 91732J102 419 8,600 SH   SOLE   0 0 8,600
EDUCATIONAL DEV CORP COM 281479105 286 58,292 SH   SOLE   58,292 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 11,283 171,731 SH   SOLE   4,300 0 167,431
ENOVA INTL INC COM 29357K103 4,857 260,007 SH   SOLE   26,946 0 233,061
ESSEX RENT CORP COM 297187106 782 965,571 SH   SOLE   0 0 965,571
EAST WEST BANCORP INC COM 27579R104 16,148 360,292 SH   SOLE   33,500 0 326,792
EZCORP INC CL A NON VTG 302301106 7,701 1,036,525 SH   SOLE   142,475 0 894,050
FARMERS NATL BANC CORP COM 309627107 1,216 147,349 SH   SOLE   16,300 0 131,049
FLEXIBLE SOLUTIONS INTL INC COM 33938T104 97 47,150 SH   SOLE   0 0 47,150
STEALTHGAS INC SHS Y81669106 3,343 495,326 SH   SOLE   0 0 495,326
ABERDEEN GTR CHINA FD INC COM 003031101 1,247 123,084 SH   SOLE   0 0 123,084
GENERAL ELECTRIC CO COM 369604103 2,779 104,581 SH   SOLE   0 0 104,581
GENERAL FIN CORP DEL COM 369822101 236 45,291 SH   SOLE   45,291 0 0
GATX CORP COM 361448103 308 5,790 SH   SOLE   0 0 5,790
GENWORTH FINL INC COM CL A 37247D106 5,540 731,867 SH   SOLE   0 0 731,867
GENESEE & WYO INC CL A 371559105 392 5,150 SH   SOLE   0 0 5,150
HANMI FINL CORP COM NEW 410495204 490 19,724 SH   SOLE   0 0 19,724
CLAYMORE EXCHANGE TRD FD TR GUGG CHN SML CAP 18383Q853 252 8,000 SH   SOLE   8,000 0 0
HARDINGE INC COM 412324303 4,597 466,669 SH   SOLE   55,357 0 411,312
HOPFED BANCORP INC COM 439734104 1,170 98,903 SH   SOLE   20,832 0 78,071
HONEYWELL INTL INC COM 438516106 418 4,100 SH   SOLE   0 0 4,100
HORNBECK OFFSHORE SVCS INC N COM 440543106 247 12,050 SH   SOLE   0 0 12,050
ISHARES TR CORE S&P MCP ETF 464287507 420 2,800 SH   SOLE   0 0 2,800
INTEST CORP COM 461147100 1,339 307,215 SH   SOLE   43,100 0 264,115
INNOSPEC INC COM 45768S105 14,547 322,983 SH   SOLE   40,200 0 282,783
NEW IRELAND FUND INC COM 645673104 237 17,204 SH   SOLE   10,100 0 7,104
ISHARES TR CORE S&P500 ETF 464287200 393 1,900 SH   SOLE   0 0 1,900
JACOBS ENGR GROUP INC DEL COM 469814107 14,558 358,405 SH   SOLE   45,510 0 312,895
JOHNSON & JOHNSON COM 478160104 463 4,753 SH   SOLE   0 0 4,753
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 3,656 338,799 SH   SOLE   19,800 0 318,999
JINPAN INTL LTD ORD G5138L100 5,060 1,056,454 SH   SOLE   190,442 0 866,012
KOREA EQUITY FD INC COM 50063B104 158 19,847 SH   SOLE   0 0 19,847
KIRBY CORP COM 497266106 238 3,100 SH   SOLE   0 0 3,100
KOREA FD COM NEW 500634209 261 6,424 SH   SOLE   0 0 6,424
KRATON PERFORMANCE POLYMERS COM 50077C106 2,259 94,589 SH   SOLE   0 0 94,589
LIMONEIRA CO COM 532746104 2,113 95,059 SH   SOLE   23,017 0 72,042
LUNA INNOVATIONS COM 550351100 371 359,796 SH   SOLE   359,796 0 0
LSB INDS INC COM 502160104 11,113 272,104 SH   SOLE   64,746 0 207,358
MCDERMOTT INTL INC COM 580037109 59 11,000 SH   SOLE   0 0 11,000
MDU RES GROUP INC COM 552690109 1,859 95,177 SH   SOLE   750 0 94,427
MFRI INC COM 552721102 1,572 259,758 SH   SOLE   46,882 0 212,876
MOBILE MINI INC COM 60740F105 9,546 227,059 SH   SOLE   0 0 227,059
MILLER INDS INC TENN COM NEW 600551204 562 28,176 SH   SOLE   0 0 28,176
MANITEX INTL INC COM 563420108 5,939 777,356 SH   SOLE   279,820 0 497,536
MARATHON PETE CORP COM 56585A102 458 8,750 SH   SOLE   0 0 8,750
MICROSOFT CORP COM 594918104 567 12,850 SH   SOLE   0 0 12,850
MATRIX SVC CO COM 576853105 9,202 503,385 SH   SOLE   12,600 0 490,785
NATURES SUNSHINE PRODUCTS IN COM 639027101 14,548 1,058,022 SH   SOLE   197,796 0 860,226
ISHARES U S ETF TR SHT MAT BD ETF 46431W507 316 6,309 SH   SOLE   0 0 6,309
NORTHERN TECH INTL CORP COM 665809109 609 37,812 SH   SOLE   0 0 37,812
NUTRACEUTICAL INTL CORP COM 67060Y101 4,108 166,030 SH   SOLE   9,139 0 156,891
NV5 HLDGS INC COM 62945V109 14,428 594,715 SH   SOLE   16,600 0 578,115
NATIONAL WESTN LIFE INS CO CL A 638522102 7,890 32,943 SH   SOLE   3,001 0 29,942
OWENS ILL INC COM NEW 690768403 11,212 488,741 SH   SOLE   16,400 0 472,341
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 176 19,500 SH   SOLE   14,000 0 5,500
PFIZER INC COM 717081103 537 16,026 SH   SOLE   500 0 15,526
EPLUS INC COM 294268107 2,394 31,234 SH   SOLE   0 0 31,234
POINTER TELOCATION LTD SHS M7946T104 217 25,000 SH   SOLE   25,000 0 0
PRGX GLOBAL INC COM NEW 69357C503 2,389 544,269 SH   SOLE   106,318 0 437,951
RENT A CTR INC NEW COM 76009N100 12,470 439,867 SH   SOLE   400 0 439,467
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,287 32,376 SH   SOLE   0 0 32,376
RR MEDIA LTD SHS M8183P102 963 128,013 SH   SOLE   17,688 0 110,325
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 8,311 1,604,422 SH   SOLE   321,232 0 1,283,190
SERVICE CORP INTL COM 817565104 15,094 512,881 SH   SOLE   21,726 0 491,155
SPECTRA ENERGY CORP COM 847560109 526 16,125 SH   SOLE   250 0 15,875
SWIFT ENERGY CO COM 870738101 877 431,915 SH   SOLE   77,000 0 354,915
ABERDEEN SINGAPORE FD INC COM 003244100 361 32,672 SH   SOLE   11,509 0 21,163
SILICOM LTD ORD M84116108 1,134 30,760 SH   SOLE   0 0 30,760
INVENTURE FOODS INC COM 461212102 7,572 746,036 SH   SOLE   255,926 0 490,110
ST JUDE MED INC COM 790849103 391 5,350 SH   SOLE   0 0 5,350
TCP INTL HLDGS LTD COM H84689100 3,213 763,112 SH   SOLE   0 0 763,112
TITAN MACHY INC COM 88830R101 1,320 89,643 SH   SOLE   0 0 89,643
TOR MINERALS INTL INC COM NEW 890878309 653 104,511 SH   SOLE   104,511 0 0
TRAVELERS COMPANIES INC COM 89417E109 7,583 78,447 SH   SOLE   216 0 78,231
TETRA TECH INC NEW COM 88162G103 9,310 363,102 SH   SOLE   51,000 0 312,102
TUPPERWARE BRANDS CORP COM 899896104 12,774 197,926 SH   SOLE   22,950 0 174,976
USA TECHNOLOGIES INC COM NO PAR 90328S500 244 90,500 SH   SOLE   58,000 0 32,500
UNITIL CORP COM 913259107 1,511 45,750 SH   SOLE   0 0 45,750
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 458 3,275 SH   SOLE   0 0 3,275
VIMPELCOM LTD SPONSORED ADR 92719A106 51 10,300 SH   SOLE   10,300 0 0
VOLT INFORMATION SCIENCES IN COM 928703107 5,199 535,445 SH   SOLE   45,346 0 490,099
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 272 1,440 SH   SOLE   0 0 1,440
VOXX INTL CORP CL A 91829F104 3,983 481,012 SH   SOLE   0 0 481,012
WILLBROS GROUP INC DEL COM 969203108 572 447,156 SH   SOLE   0 0 447,156
WILSHIRE BANCORP INC COM 97186T108 14,791 1,171,138 SH   SOLE   180,421 0 990,717
WIDEPOINT CORP COM 967590100 1,038 621,371 SH   SOLE   551,724 0 69,647
EXXON MOBIL CORP COM 30231G102 409 4,916 SH   SOLE   0 0 4,916
HORSEHEAD HLDG CORP COM 440694305 2,949 251,600 SH   SOLE   0 0 251,600
CHINA ZENIX AUTO INTL LTD ADS 16951E104 34 29,902 SH   SOLE   29,902 0 0
SUTRON CORP COM 869380105 335 39,649 SH   SOLE   0 0 39,649