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

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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 930 27,674 SH   SOLE 0 27,674 0 0
Abbott Laboratories COM 002824100 513 11,390 SH   SOLE 0 10,510 0 880
Abbvie Inc COM 00287Y109 745 11,390 SH   SOLE 0 10,510 0 880
Alliant Energy Corp COM 018802108 266 4,000 SH   SOLE 0 4,000 0 0
Anadarko Pete Corp COM 032511107 8,200 99,397 SH   SOLE 0 80,692 0 18,705
Automatic Data Processing Inc COM 053015103 589 7,060 SH   SOLE 0 7,060 0 0
Baxter International Inc COM 071813109 388 5,300 SH   SOLE 0 5,300 0 0
Becton Dickinson & Co COM 075887109 337 2,425 SH   SOLE 0 2,425 0 0
Berkshire Hathaway Inc Cl A COM 084670108 6,780 30 SH   SOLE 0 20 0 10
Berkshire Hathaway Inc Cl B COM 084670702 9,952 66,280 SH   SOLE 0 64,480 0 1,800
Boeing Co COM 097023105 8,954 68,887 SH   SOLE 0 55,100 0 13,787
Bristol-Myers Squibb COM 110122108 260 4,400 SH   SOLE 0 4,400 0 0
Canadian National Railway Co COM 136375102 3,883 56,345 SH   SOLE 0 55,920 0 425
Cato Corp Cl A COM 149205106 7,109 168,539 SH   SOLE 0 125,760 0 42,779
Cemex S A B DE C V Sponsor Adr COM 151290889 5,299 519,979 SH   SOLE 0 415,863 0 104,116
Chesapeake Energy Corp COM 165167107 6,608 337,683 SH   SOLE 0 277,550 0 60,133
Chevron Corp COM 166764100 5,810 51,792 SH   SOLE 0 38,502 0 13,290
Chicago Bridge & Iron Co COM 167250109 10,770 256,560 SH   SOLE 0 213,927 0 42,633
Cisco Systems Inc COM 17275R102 1,728 62,125 SH   SOLE 0 62,125 0 0
Coca Cola Co COM 191216100 917 21,710 SH   SOLE 0 21,710 0 0
Colgate Palmolive Co COM 194162103 543 7,850 SH   SOLE 0 6,100 0 1,750
Compass Minerals Intl Inc COM 20451N101 7,220 83,152 SH   SOLE 0 69,740 0 13,412
Conagra Foods Inc COM 205887102 7,279 200,633 SH   SOLE 0 163,599 0 37,034
ConocoPhillips COM 20825C104 8,161 118,177 SH   SOLE 0 101,427 0 16,750
Constellium N.V. COM N22035104 4,913 299,055 SH   SOLE 0 247,930 0 51,125
Costamare Inc COM Y1771G102 8,118 460,981 SH   SOLE 0 381,726 0 79,255
Directv Cl A COM 25490A309 12,955 149,420 SH   SOLE 0 122,045 0 27,375
Disney Walt COM 254687106 14,683 155,882 SH   SOLE 0 128,329 0 27,553
Dominion Res Inc Va COM 25746U109 1,763 22,925 SH   SOLE 0 22,025 0 900
Edison International COM 281020107 589 9,000 SH   SOLE 0 9,000 0 0
Exxon Mobil Corp COM 30231G102 1,200 12,975 SH   SOLE 0 12,975 0 0
First National Nebraska Inc COM 335720108 258 42 SH   SOLE 0 42 0 0
Freeport-McMoRan Inc COM 35671D857 3,310 141,698 SH   SOLE 0 109,354 0 32,344
GenCorp Inc COM 368682100 6,185 338,005 SH   SOLE 0 261,955 0 76,050
Graham Holdings Co COM 384637104 432 500 SH   SOLE 0 500 0 0
Intel Corp COM 458140100 1,220 33,615 SH   SOLE 0 33,615 0 0
Investors Real Estate Tr Sh Be COM 461730103 1,198 146,610 SH   SOLE 0 142,000 0 4,610
Johnson & Johnson COM 478160104 10,321 98,699 SH   SOLE 0 79,282 0 19,417
Kansas City Southern COM 485170302 7,200 59,003 SH   SOLE 0 47,798 0 11,205
L-3 Communications Hldgs Inc COM 502424104 4,595 36,405 SH   SOLE 0 36,095 0 310
Lee Enterprises COM 523768109 47 12,800 SH   SOLE 0 12,800 0 0
Leggett & Platt, Inc COM 524660107 422 9,900 SH   SOLE 0 9,900 0 0
Leucadia Natl Corp COM 527288104 4,808 214,455 SH   SOLE 0 169,530 0 44,925
Lincoln Electric Holdings Inc COM 533900106 12,860 186,129 SH   SOLE 0 152,525 0 33,604
McDonalds Corp COM 580135101 3,650 38,953 SH   SOLE 0 38,803 0 150
Medtronic Inc COM 585055106 1,541 21,338 SH   SOLE 0 21,338 0 0
Merck & Co Inc COM 58933Y105 705 12,415 SH   SOLE 0 12,415 0 0
Microsoft Corp COM 594918104 12,574 270,710 SH   SOLE 0 218,919 0 51,791
Nestle S.A. Spons ADR COM 641069406 3,981 54,230 SH   SOLE 0 44,230 0 10,000
Occidental Petroleum Corp COM 674599105 1,027 12,740 SH   SOLE 0 12,740 0 0
Oracle Corp COM 68389X105 979 21,765 SH   SOLE 0 21,765 0 0
Pacific Gas & Electric Co COM 69331C108 224 4,200 SH   SOLE 0 4,200 0 0
Pepsico Inc COM 713448108 2,144 22,675 SH   SOLE 0 22,675 0 0
Pfizer Inc COM 717081103 13,080 419,899 SH   SOLE 0 338,032 0 81,867
Phillips 66 COM 718546104 802 11,179 SH   SOLE 0 10,505 0 674
Plum Creek Timber Co Inc COM 729251108 6,223 145,436 SH   SOLE 0 116,970 0 28,466
Procter & Gamble Co COM 742718109 3,146 34,532 SH   SOLE 0 34,532 0 0
SPDR Gold Shs COM 78463V107 7,522 66,227 SH   SOLE 0 52,393 0 13,834
Smucker (J.M.) Co COM 832696405 541 5,355 SH   SOLE 0 5,355 0 0
St Joe Co COM 790148100 3,797 206,467 SH   SOLE 0 157,200 0 49,267
Symetra Financial Corp COM 87151Q106 11,198 485,830 SH   SOLE 0 405,055 0 80,775
Texas Pacific Land Tr COM 882610108 14,888 126,170 SH   SOLE 0 103,128 0 23,042
Thermo Fisher Corp COM 883556102 3,037 24,240 SH   SOLE 0 22,815 0 1,425
US Bancorp COM 902973304 427 9,496 SH   SOLE 0 9,496 0 0
Valeant Pharmaceuticals Inc COM 91911K102 1,096 7,660 SH   SOLE 0 7,660 0 0
Verizon Communications COM 92343V104 10,068 215,230 SH   SOLE 0 174,805 0 40,425
Vulcan Materials Co COM 929160109 9,061 137,854 SH   SOLE 0 111,580 0 26,274
Wal-Mart Stores Inc COM 931142103 1,746 20,335 SH   SOLE 0 20,119 0 216
Winnebago Industries COM 974637100 2,163 99,425 SH   SOLE 0 77,825 0 21,600
Yum! Brands Inc COM 988498101 510 7,000 SH   SOLE 0 7,000 0 0
SPDR S&P 500 COM 78462F103 971 4,725 SH   SOLE 0 4,625 0 100
Berkshire Hathaway Inc Cl A COM 084670108 904 4 SH   SOLE 0 0 0 4