13F-HR 1 inftable.txt 13F AS OF DECEMBER 31, 2009 FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 12522 231938.00SH SOLE 218088.00 13850.00 ALEXANDER & BALDWIN INC COM 014482103 7300 213277.00SH SOLE 195177.00 18100.00 ALLIANCE BERNSTEIN HOLDING LP COM 01881g106 8134 289450.00SH SOLE 289450.00 AMERICAN TOWER CORP COM 029912201 9648 223279.00SH SOLE 210592.00 12687.00 APACHE CORP COM 037411105 248 2400.00 SH SOLE 2400.00 APPLE COMPUTER INC COM 037833100 695 3300.00 SH SOLE 3300.00 AT&T INC COM 00206r102 221 7892.00 SH SOLE 7892.00 AVON PRODUCTS INC COM 054303102 7925 251600.00SH SOLE 235900.00 15700.00 BANK OF HAWAII COM 062540109 720 15308.00 SH SOLE 15308.00 BERKSHIRE HATHAWAY COM 084670702 11636 3541.00 SH SOLE 3341.00 200.00 BP PLC SPONSORED ADR COM 055622104 610 10517.00 SH SOLE 10517.00 CATERPILLAR COM 149123101 612 10745.00 SH SOLE 10745.00 CHEVRON CORP COM 166764100 12259 159230.00SH SOLE 150230.00 9000.00 CISCO SYSTEMS INC COM 17275R102 241 10065.00 SH SOLE 10065.00 CROWN CASTLE INTL CORP COM 228227104 9471 242600.00SH SOLE 232700.00 9900.00 DISCOVERY COMMUNICATIONS INC COM 25470f302 13274 500535.00SH SOLE 500285.00 250.00 DISCOVERY HOLDING COMPANY COM 25470F104 4299 140155.00SH SOLE 116405.00 23750.00 ELECTR FOR IMAGING INC COM 286082102 10430 804200.00SH SOLE 746700.00 57500.00 EXXON MOBIL CORP COM 30231G102 13353 195825.00SH SOLE 185425.00 10400.00 GENERAL ELEC CO COM 369604103 11364 751113.00SH SOLE 704913.00 46200.00 HEWLETT PACKARD CO COM 550 10678.00 SH SOLE 10678.00 HIGHBURY FINANCIAL INC COM 42982Y109 6602 1189635.00SH SOLE 1189635.00 INTEL CORP COM 458140100 11128 545502.00SH SOLE 509102.00 36400.00 INTERNATIONAL BUSINESS MACHINE COM 459200101 223 1700.00 SH SOLE 1700.00 JOHNSON & JOHNSON COM 478160104 15955 247703.00SH SOLE 235653.00 12050.00 LAMAR ADVERTISING CO-CL A COM 512815101 12151 390846.00SH SOLE 372646.00 18200.00 LIBERTY GLOBAL INC COM 530555101 9986 456184.00SH SOLE 445142.00 11042.00 LIBERTY GLOBAL SERIES C COM 530555309 7910 361854.00SH SOLE 337524.00 24330.00 LIBERTY MEDIA INTERACTIVE SERI COM 53071m104 16037 1479384.00SH SOLE 1424881.00 54503.00 LOWES COS INC COM 548661107 10686 456850.00SH SOLE 421250.00 35600.00 MAC-GRAY CORP CMN COM 554153106 7773 754650.00SH SOLE 754650.00 MAGELLAN MIDSTREAM PARTNERS COM 559080106 18226 420634.00SH SOLE 420634.00 MERCK & CO INC COM 58933y105 337 9228.00 SH SOLE 9228.00 MICROSOFT CORP COM 594918104 6139 201421.00SH SOLE 185121.00 16300.00 PROCTER & GAMBLE COM 742718109 1645 27134.00 SH SOLE 27134.00 REDWOOD TRUST INC COM 758075402 12829 887205.00SH SOLE 839505.00 47700.00 SEASPAN CORP COM Y75638109 14793 1604407.00SH SOLE 1544507.00 59900.00 SYSCO CORP COM 871829107 12732 455707.00SH SOLE 427107.00 28600.00 THE DIRECT TV GROUP COM 25490A101 322 9660.00 SH SOLE 9660.00 TRAILER BRIDGE INC CMN COM 892782103 2087 434785.00SH SOLE 434785.00 UNITED PARCEL SERVICE COM 911312106 6767 117950.00SH SOLE 111850.00 6100.00 WAL-MART STORES INC COM 931142103 13669 255728.00SH SOLE 248128.00 7600.00 WELLS FARGO & CO NEW COM 949746101 375 13886.00 SH SOLE 13886.00