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
VISTAPRINT N V SHS N93540107 3,599 73,125 SH   OTR 1 73,125 0 0
STARR BULK CARRIERS CORP SHS NEW Y8162K121 2,238 156,858 SH   OTR 1 156,858 0 0
STEALTHGAS INC SHS Y81669106 2,369 208,375 SH   OTR 1 208,375 0 0
ADVANCED ENERGY INDS COM 007973100 436 17,785 SH   SOLE N/A 17,785 0 0
ADVANCED ENERGY INDS COM 007973100 7,381 301,265 SH   OTR 1 301,265 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 216 17,625 SH   OTR 1 17,625 0 0
AMREP CORP NEW COM 032159105 26 4,130 SH   SOLE N/A 4,130 0 0
AMREP CORP NEW COM 032159105 4,410 697,833 SH   OTR 1 697,833 0 0
APPLE INC COM 037833100 440 820 SH   SOLE N/A 820 0 0
ATWOOD OCEANICS INC COM 050095108 1,208 23,967 SH   SOLE N/A 23,967 0 0
ATWOOD OCEANICS INC COM 050095108 12,394 245,953 SH   OTR 1 245,953 0 0
BPZ RESOURCES INC COM 055639108 1,196 376,035 SH   OTR 1 376,035 0 0
BALDWIN & LYONS INC CL A 057755100 1 45 SH   SOLE N/A 45 0 0
BALDWIN & LYONS INC CL A 057755100 563 22,656 SH   OTR 1 22,656 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 62 500 SH   SOLE N/A 500 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 1,030 8,239 SH   OTR 1 8,239 0 0
BLUELINX HLDGS INC COM 09624H109 125 96,212 SH   SOLE N/A 96,212 0 0
BLUELINX HLDGS INC COM 09624H109 182 140,291 SH   OTR 1 140,291 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 1,394 153,194 SH   SOLE N/A 153,194 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107 28,142 3,092,510 SH   OTR 1 3,092,510 0 0
CGG SPONS ADR 12531Q105 351 21,963 SH   SOLE N/A 21,963 0 0
CGG SPONS ADR 12531Q105 859 53,685 SH   OTR 1 53,685 0 0
CPI AEROSTRUCTURES INC COM NEW 125919308 2,806 215,825 SH   OTR 1 215,825 0 0
CAL MAINE FOODS INC COM NEW 128030202 376 5,990 SH   SOLE N/A 5,990 0 0
CAL MAINE FOODS INC COM NEW 128030202 6,365 101,383 SH   OTR 1 101,383 0 0
CANADIAN NAT RES LTD COM 136385101 274 7,150 SH   SOLE N/A 7,150 0 0
CANADIAN NAT RES LTD COM 136385101 10,743 279,980 SH   OTR 1 279,980 0 0
CAVCO INDS INC DEL COM 149568107 94 1,200 SH   SOLE N/A 1,200 0 0
CAVCO INDS INC DEL COM 149568107 15,289 194,892 SH   OTR 1 194,892 0 0
COAST DISTR SYS COM 190345108 138 36,770 SH   SOLE N/A 36,770 0 0
COAST DISTR SYS COM 190345108 1,444 383,989 SH   OTR 1 383,989 0 0
COTY INC COM CL A 222070203 1,723 115,000 SH   OTR 1 115,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 305 4,550 SH   OTR 1 4,550 0 0
DREW INDS INC COM NEW 26168L205 203 3,740 SH   SOLE N/A 3,740 0 0
DREW INDS INC COM NEW 26168L205 2,571 47,442 SH   OTR 1 47,442 0 0
ERA GROUP INC COM 26885G109 35 1,190 SH   SOLE N/A 1,190 0 0
ERA GROUP INC COM 26885G109 1,587 54,156 SH   OTR 1 54,156 0 0
GIBRALTAR INDS INC COM 374689107 5,731 303,734 SH   OTR 1 303,734 0 0
GLOBAL POWER EQUIPMENT GRP INC COM PAR $0.01 37941P306 10 500 SH   SOLE N/A 500 0 0
GLOBAL POWER EQUIPMENT GRP INC COM PAR $0.01 37941P306 1,028 51,664 SH   OTR 1 51,664 0 0
GRAFTECH INTL LTD COM 384313102 311 28,450 SH   SOLE N/A 28,450 0 0
GRAFTECH INTL LTD COM 384313102 3,687 337,600 SH   OTR 1 337,600 0 0
HALLADOR ENERGY COMPANY COM 40609P105 264 30,916 SH   SOLE N/A 30,916 0 0
HALLADOR ENERGY COMPANY COM 40609P105 305 35,626 SH   OTR 1 35,626 0 0
HELMERICH & PAYNE INC COM 423452101 97 900 SH   SOLE N/A 900 0 0
HELMERICH & PAYNE INC COM 423452101 8,869 82,452 SH   OTR 1 82,452 0 0
IFM INVTS LTD ADS CL A NEW 45172L209 609 380,708 SH   OTR 1 380,708 0 0
INTERGRATED ELECTRICAL SVC COM 45811E305 124 20,040 SH   SOLE N/A 20,040 0 0
JOY GLOBAL INC COM 481165108 3 53 SH   SOLE N/A 53 0 0
JOY GLOBAL INC COM 481165108 3,214 55,412 SH   OTR 1 55,412 0 0
LSB INDS INC COM 502160104 332 8,860 SH   SOLE N/A 8,860 0 0
LSB INDS INC COM 502160104 15,469 413,398 SH   OTR 1 413,398 0 0
LEUCADIA NATL CORP COM 527288104 661 23,592 SH   SOLE N/A 23,592 0 0
LEUCADIA NATL CORP COM 527288104 16,698 596,343 SH   OTR 1 596,343 0 0
LINCOLN ELEC HLDGS INC COM 533900106 25 350 SH   SOLE N/A 350 0 0
LINCOLN ELEC HLDGS INC COM 533900106 7,209 100,114 SH   OTR 1 100,114 0 0
MANHATTAN BRIDGE CAPITAL INC COM 562803106 20 10,000 SH   SOLE N/A 10,000 0 0
MERCK & CO INC NEW COM 58933Y105 227 4,000 SH   OTR 1 4,000 0 0
MOBILE MINI INC COM 60740F105 43 985 SH   SOLE N/A 985 0 0
MOBILE MINI INC COM 60740F105 1,296 29,882 SH   OTR 1 29,882 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 36 146 SH   SOLE N/A 146 0 0
NATIONAL WESTN LIFE INS CO CL A 638522102 481 1,967 SH   OTR 1 1,967 0 0
OMNOVA SOLUTIONS INC COM 682129101 144 13,850 SH   SOLE N/A 13,850 0 0
OMNOVA SOLUTIONS INC COM 682129101 14,381 1,385,442 SH   OTR 1 1,385,442 0 0
PHI INC COM VTG 69336T106 632 15,181 SH   OTR 1 15,181 0 0
PICO HLDGS INC COM NEW 693366205 243 9,365 SH   SOLE N/A 9,365 0 0
PICO HLDGS INC COM NEW 693366205 3,194 122,895 SH   OTR 1 122,895 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 2,744 62,930 SH   SOLE N/A 62,930 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 27,845 638,500 SH   OTR 1 638,500 0 0
PIONEER NAT RES CO COM 723787107 28 150 SH   SOLE N/A 150 0 0
PIONEER NAT RES CO COM 723787107 234 1,250 SH   OTR 1 1,250 0 0
PRICESMART INC COM 741511109 301 2,985 SH   SOLE N/A 2,985 0 0
PRICESMART INC COM 741511109 1,920 19,019 SH   OTR 1 19,019 0 0
RADNET INC COM 750491102 16 5,575 SH   SOLE N/A 5,575 0 0
RADNET INC COM 750491102 284 100,000 SH   OTR 1 100,000 0 0
RUBY TUESDAY INC COM 781182100 11 2,025 SH   SOLE N/A 2,025 0 0
RUBY TUESDAY INC COM 781182100 228 40,700 SH   OTR 1 40,700 0 0
SEACOR HOLDINGS INC COM 811904101 153 1,775 SH   SOLE N/A 1,775 0 0
SEACOR HOLDINGS INC COM 811904101 5,810 67,230 SH   OTR 1 67,230 0 0
SENECA FOODS CORP NEW CL A 817070501 178 5,660 SH   SOLE N/A 5,660 0 0
SENECA FOODS CORP NEW CL A 817070501 3,856 122,488 SH   OTR 1 122,488 0 0
SKECHERS U S A INC CL A 830566105 378 10,350 SH   SOLE N/A 10,350 0 0
SKECHERS U S A INC CL A 830566105 7,509 205,491 SH   OTR 1 205,491 0 0
SKYLINE CORP COM 830830105 2 250 SH   SOLE N/A 250 0 0
SKYLINE CORP COM 830830105 598 98,875 SH   OTR 1 98,875 0 0
SPARTAN MTRS INC COM 846819100 59 11,400 SH   OTR 1 11,400 0 0
STEEL PARTNERS HLDGS L P LTD PRTRSHIP U 85814R107 339 20,000 SH   OTR 1 20,000 0 0
STOCK BLDG SUPPLY HLDGS INC COM 86101X104 709 34,871 SH   OTR 1 34,871 0 0
TGC INDS INC COM NEW 872417308 25 4,160 SH   SOLE N/A 4,160 0 0
TGC INDS INC COM NEW 872417308 167 28,119 SH   OTR 1 28,119 0 0
TAL INTL GROUP INC COM 874083108 23 525 SH   SOLE N/A 525 0 0
TAL INTL GROUP INC COM 874083108 345 8,050 SH   OTR 1 8,050 0 0
TALISMAN ENERGY INC COM 87425E103 0 27 SH   SOLE N/A 27 0 0
TALISMAN ENERGY INC COM 87425E103 403 40,350 SH   OTR 1 40,350 0 0
TIMKEN CO COM 887389104 474 8,060 SH   OTR 1 8,060 0 0
TURQUOISE HILL RES LTD COM 900435108 167 50,211 SH   OTR 1 50,211 0 0
U M H PROPERTIES INC COM 903002103 18 1,850 SH   SOLE N/A 1,850 0 0
U M H PROPERTIES INC COM 903002103 6,658 680,759 SH   OTR 1 680,759 0 0
WESTLAKE SHEM CORP COM 960413102 1,324 20,000 SH   OTR 1 20,000 0 0
WPX ENERGY INC COM 98212B103 1,280 71,000 SH   OTR 1 71,000 0 0