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) 773,000 shares
(b) 8.3%
(c) (i) Sole power to vote or direct the vote of all 773,000 shares
(iii) Sole power to dispose of or direct the disposition of all 773,000
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
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.
(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 (e) The filer is an Investment Adviser registered under Section
203 of the Investment Advisers Act of 1940.
Item 4 (a) 189,200 shares
(b) 2.0%
(c) (i) Sole power to vote or direct the vote of all 189,200 shares
(iii) Sole power to dispose of or direct the disposition of all
189,200 shares
Item 5 N/A
Item 6 N/A
Item 7 N/A
Item 8 N/A
Item 9 N/A
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) 583,800 shares
(b) 6.3%
(c) (i) Sole power to vote or direct the vote of all 583,800 shares
(iii) Sole power to dispose of or direct the disposition of all
583,800 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.
January 8, 1998
Signature
Charles vK. Carlson, President
Name/Title
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 5. Sole Voting Power
Shares 773,000
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 773,000
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
773,000
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
8.3%
12. Type Of Reporting Person
00- Group Consisting of IA and IV
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 5. Sole Voting Power
Shares 189,200
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 189,200
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
189,200
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
2.0%
12. Type Of Reporting Person
IA
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 5. Sole Voting Power
Shares 583,800
Beneficially 6. Shared Voting Power
Owned By
Each 7. Sole Dispositive Power
Reporting 583,800
Person With 8. Shared Dispositive Power
9. Aggregate Amount Beneficially Owned By Each Reporting Person
583,800
10. Check Box if the Aggregate Amount in Row (9) Excludes
Certain Shares [ ]
11. Percent Of Class Represented By Amount In Row 9
6.3%
12. Type Of Reporting Person
IV
