Schedule 13 G
Item 1 (a) EQK Realty Investors
(b) 5775 Peachtree Dunwoody Rd., Suite 200D
Atlanta, GA 30342
Item 2 (a) Corbyn Investment Management, Inc., et al.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Shares of Beneficial Interest
(e) 268820107
Item 3 (h) The filer is a group consisting of an Investment Adviser
registered under Section 203 of the Investment Advisers Act of
1940 and an Investment Company registered under Section
8 of the Investment Company Act.
Item 4 (a) 648,500 shares
(b) 7.00%
(c) (i) Sole power to vote or direct the vote of all 648,500 shares
(iii) Sole power to dispose of or direct the disposition of all
648,500 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 (a) The group consists of an Investment Adviser registered under
Section 203 of the Investment Advisers Act of 1940 (IA) and an
Investment Company registered under Section 8 of the
Investment Company Act (IV).
Item 9 N/A
<PAGE>
Schedule 13 G
Ite (a) EQK Realty Investors
(b) 5775 Peachtree Dunwoody Rd. Suite 200D
Atlanta, GA 30342
Item 2 (a) Corbyn Investment Management, Inc.
(b) Suite 108
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Shares of Beneficial Interest
(e) 268820107
Ite (e) The filer is an Investment Adviser registered under Section 203
of the Investment Advisers Act of 1940.
Item 4 (a) 167,500 shares
(b) 1.81%
(c) (i) Sole power to vote or direct the vote of all 167,500 shares
(iii) Sole power to dispose of or direct the disposition of all
167,500 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
<PAGE>
Schedule 13 G
Item 1 (a) EQK Realty Investors
(b) 5775 Peachtree Dunwoody Rd., Suite 200D
Atlanta, GA 30342
Item 2 (a) Greenspring Fund, Inc.
(b) Suite 110
2330 W. Joppa Road
Lutherville, Maryland 21093
(c) Incorporated in the State of Maryland
(d) Shares of Beneficial Interest
(e) 268820107
Item 3 (d) The filer is an Investment Company registered under Section 8 of
the Investment Company Act.
Item 4 (a) 481,000 shares
(b) 5.19%
(c) (i) Sole power to vote or direct the vote of all 481,000 shares
(iii) Sole power to dispose of or direct the disposition of all
481,000 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
Item 10 By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired in the ordinary
course of business and were not acquired for the purpose of and do not have
the effect of changing or influencing the control of the issuer of such
securities and were not acquired in connection with or as a participant in
any transaction having such purposes or effect.
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date February 20, 1997
Signature: Charles vK Carlson, President
Name/Title: Charles vK Carlson, President
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CUSIP No. 268820107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc. et al
n/a
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number of Shares Beneficially Owned By Each Reporting Person With
5. Sole Voting Power
648,500
6. Shared Voting Power
7. Sole Dispositive Power
648,500
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
648,500
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
7.0%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
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CUSIP No. 268820107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Corbyn Investment Management, Inc.
52-0964322
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 108 2330 W. Joppa Rd.
Lutherville, MD 21093
Number of Shares Beneficially Owned By Each Reporting Person With
5. Sole Voting Power
167,500
6. Shared Voting Power
7. Sole Dispositive Power
167,500
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
167,500
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
1.81%
12. Type Of Reporting Person
IA
<PAGE>
CUSIP No. 268820107 13G
1. Name of Reporting Person
SS Identification No. of Above Person
Greenspring Fund, Inc.
52-1267740
2. Check The Appropriate Box If A Member Of A Control Group (a) [x]
(b) [ ]
3. SEC Use Only
4. Citizenship or Place of Organization
Suite 110 2330 W. Joppa Rd.
Lutherville, MD 21093
Number Of Shares Beneficially Owned By Each Reporting Person With
5. Sole Voting Power
481,000
6. Shared Voting Power
7. Sole Dispositive Power
481,000
8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
481,000
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
5.19%
12. Type Of Reporting Person
IV
