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
AT&T Inc COM 00206R102 989 28,074 SH   SOLE 0 28,074 0 0
Abbott Laboratories COM 002824100 474 11,390 SH   SOLE 0 10,510 0 880
Abbvie Inc COM 00287Y109 658 11,390 SH   SOLE 0 10,510 0 880
Alliant Energy Corp COM 018802108 222 4,000 SH   SOLE 0 4,000 0 0
Anadarko Pete Corp COM 032511107 9,361 92,277 SH   SOLE 0 75,572 0 16,705
Automatic Data Processing Inc COM 053015103 587 7,060 SH   SOLE 0 7,060 0 0
Baxter International Inc COM 071813109 380 5,300 SH   SOLE 0 5,300 0 0
Becton Dickinson & Co COM 075887109 276 2,425 SH   SOLE 0 2,425 0 0
Berkshire Hathaway Inc Cl A COM 084670108 6,207 30 SH   SOLE 0 20 0 10
Berkshire Hathaway Inc Cl B COM 084670702 9,113 65,970 SH   SOLE 0 64,170 0 1,800
Boeing Co COM 097023105 8,704 68,332 SH   SOLE 0 54,545 0 13,787
Bristol-Myers Squibb COM 110122108 239 4,667 SH   SOLE 0 4,667 0 0
Canadian National Railway Co COM 136375102 4,023 56,695 SH   SOLE 0 56,270 0 425
Cato Corp Cl A COM 149205106 5,809 168,559 SH   SOLE 0 125,780 0 42,779
Cemex S A B DE C V Sponsor Adr COM 151290889 6,680 512,270 SH   SOLE 0 408,154 0 104,116
Chesapeake Energy Corp COM 165167107 7,783 338,558 SH   SOLE 0 278,425 0 60,133
Chevron Corp COM 166764100 6,120 51,292 SH   SOLE 0 38,002 0 13,290
Chicago Bridge & Iron Co COM 167250109 14,414 249,155 SH   SOLE 0 206,647 0 42,508
Cisco Systems Inc COM 17275R102 1,564 62,125 SH   SOLE 0 62,125 0 0
Coca Cola Co COM 191216100 858 20,110 SH   SOLE 0 20,110 0 0
Colgate Palmolive Co COM 194162103 512 7,850 SH   SOLE 0 6,100 0 1,750
Compass Minerals Intl Inc COM 20451N101 6,995 82,992 SH   SOLE 0 69,580 0 13,412
Conagra Foods Inc COM 205887102 6,630 200,668 SH   SOLE 0 163,634 0 37,034
ConocoPhillips COM 20825C104 8,851 115,672 SH   SOLE 0 98,922 0 16,750
Constellium N.V. COM N22035104 5,953 241,895 SH   SOLE 0 198,920 0 42,975
Costamare Inc COM Y1771G102 10,125 461,056 SH   SOLE 0 381,801 0 79,255
Directv Cl A COM 25490A309 12,988 150,115 SH   SOLE 0 122,740 0 27,375
Disney Walt COM 254687106 13,854 155,607 SH   SOLE 0 128,054 0 27,553
Dominion Res Inc Va COM 25746U109 1,593 23,050 SH   SOLE 0 22,150 0 900
Edison International COM 281020107 503 9,000 SH   SOLE 0 9,000 0 0
Exxon Mobil Corp COM 30231G102 1,220 12,975 SH   SOLE 0 12,975 0 0
First National Nebraska Inc COM 335720108 248 42 SH   SOLE 0 42 0 0
Freeport-McMoRan Inc COM 35671D857 5,216 159,747 SH   SOLE 0 127,403 0 32,344
GenCorp Inc COM 368682100 5,414 339,025 SH   SOLE 0 262,975 0 76,050
Graham Holdings Co COM 384637104 350 500 SH   SOLE 0 500 0 0
Intel Corp COM 458140100 1,150 33,025 SH   SOLE 0 33,025 0 0
Investors Real Estate Tr Sh Be COM 461730103 1,172 152,160 SH   SOLE 0 147,550 0 4,610
Johnson & Johnson COM 478160104 10,533 98,819 SH   SOLE 0 79,402 0 19,417
Kansas City Southern COM 485170302 7,157 59,050 SH   SOLE 0 47,845 0 11,205
L-3 Communications Hldgs Inc COM 502424104 4,330 36,415 SH   SOLE 0 36,105 0 310
Lee Enterprises COM 523768109 43 12,800 SH   SOLE 0 12,800 0 0
Leggett & Platt, Inc COM 524660107 363 10,400 SH   SOLE 0 10,400 0 0
Leucadia Natl Corp COM 527288104 5,601 234,960 SH   SOLE 0 190,035 0 44,925
Lincoln Electric Holdings Inc COM 533900106 12,910 186,739 SH   SOLE 0 153,135 0 33,604
McDonalds Corp COM 580135101 2,169 22,878 SH   SOLE 0 22,878 0 0
Medtronic Inc COM 585055106 1,336 21,563 SH   SOLE 0 21,563 0 0
Merck & Co Inc COM 58933Y105 736 12,415 SH   SOLE 0 12,415 0 0
Microsoft Corp COM 594918104 12,482 269,235 SH   SOLE 0 217,444 0 51,791
Nestle S.A. Spons ADR COM 641069406 3,895 52,980 SH   SOLE 0 42,980 0 10,000
Occidental Petroleum Corp COM 674599105 1,225 12,740 SH   SOLE 0 12,740 0 0
Oracle Corp COM 68389X105 629 16,425 SH   SOLE 0 16,425 0 0
Pepsico Inc COM 713448108 2,106 22,625 SH   SOLE 0 22,625 0 0
Pfizer Inc COM 717081103 12,417 419,924 SH   SOLE 0 338,057 0 81,867
Phillips 66 COM 718546104 923 11,354 SH   SOLE 0 10,680 0 674
Plum Creek Timber Co Inc COM 729251108 5,682 145,661 SH   SOLE 0 117,195 0 28,466
Procter & Gamble Co COM 742718109 2,846 33,982 SH   SOLE 0 33,982 0 0
SPDR Gold Shs COM 78463V107 7,700 66,257 SH   SOLE 0 52,423 0 13,834
Seventy Seven Energy, Inc COM 818097107 499 21,038 SH   SOLE 0 17,302 0 3,736
Smucker (J.M.) Co COM 832696405 530 5,355 SH   SOLE 0 5,355 0 0
St Joe Co COM 790148100 4,174 209,422 SH   SOLE 0 160,155 0 49,267
Symetra Financial Corp COM 87151Q106 11,337 485,950 SH   SOLE 0 405,175 0 80,775
Texas Pacific Land Tr COM 882610108 23,495 122,090 SH   SOLE 0 99,048 0 23,042
Thermo Fisher Corp COM 883556102 2,948 24,220 SH   SOLE 0 22,795 0 1,425
US Bancorp COM 902973304 397 9,496 SH   SOLE 0 9,496 0 0
Valeant Pharmaceuticals Inc COM 91911K102 1,005 7,660 SH   SOLE 0 7,660 0 0
Verizon Communications COM 92343V104 10,510 210,237 SH   SOLE 0 169,812 0 40,425
Vulcan Materials Co COM 929160109 8,345 138,554 SH   SOLE 0 112,280 0 26,274
Wal-Mart Stores Inc COM 931142103 1,557 20,355 SH   SOLE 0 20,139 0 216
Winnebago Industries COM 974637100 2,143 98,450 SH   SOLE 0 76,850 0 21,600
Yamana Gold Inc COM 98462Y100 2,944 490,610 SH   SOLE 0 387,585 0 103,025
Yum! Brands Inc COM 988498101 504 7,000 SH   SOLE 0 7,000 0 0
SPDR S&P 500 COM 78462F103 1,081 5,485 SH   SOLE 0 5,385 0 100
Berkshire Hathaway Inc Cl A COM 084670108 828 4 SH   SOLE 0 0 0 0