We explore the possible particle-hole instabilities that can arise in a
system of massless Dirac fermions on both the honeycomb and pi-flux square
lattices with short range interactions. Through analytical and numerical
studies we show that these instabilities can result in a number of interesting
phases. In addition to the previously identified charge and spin density wave
phases and the exotic quantum anomalous Hall' (Haldane) phase, we establish the existence of the dimerized Kekule phase over a significant portion of the phase diagram and discuss the possibility of its spinful counterpart, the spin
Kekule’ phase. On the pi-flux square lattice we also find various stripe
phases, which do not occur on the honeycomb lattice. The Kekule phase is
described by a Z3 order parameter whose singly quantized vortices carry
fractional charge +/- e/2. On the pi-flux lattice the analogous dimerized phase
is described by a Z4 order parameter. We perform a fully self-consistent
calculation of the vortex structure inside the dimerized phase and find that
close to the core the vortex resembles a familiar superconducting U(1) vortex,
but at longer length scales a clear Z4 structure emerges with domain walls
along the lattice diagonals.

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