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
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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
Laboratory Corporation of America Hldgs COM 50540r409 30,058 173,063 SH   SOLE   0 0 173,063
Lamar Advertising Co. COM 512815101 27,461 352,970 SH   SOLE   0 0 352,970
Berkshire Hathaway, Inc. - Class B COM CLASS B 084670702 26,597 124,219 SH   SOLE   0 0 124,219
Casey's General Stores, Inc. COM 147528103 22,938 177,665 SH   SOLE   0 0 177,665
Johnson & Johnson COM 478160104 21,247 153,776 SH   SOLE   0 0 153,776
Kansas City Southern COM 485170302 17,503 154,120 SH   SOLE   0 0 154,120
Cohen & Steers Inc COM 19247A100 17,221 424,050 SH   SOLE   0 0 424,050
Equity Lifestyle Properties Inc. COM 29472r108 17,089 176,348 SH   SOLE   0 0 176,348
Merck & Co., Inc. COM 58933Y105 15,668 219,940 SH   SOLE   0 0 219,940
Plains Group Holdings COM 72651a108 13,304 542,367 SH   SOLE   0 0 542,367
RenaissanceRe Holdings Ltd. COM g7496g103 13,249 99,182 SH   SOLE   0 0 99,182
Sun Communities COM 866674104 11,926 116,779 SH   SOLE   0 0 116,779
Omnicell, Inc. COM 68213n109 11,739 163,262 SH   SOLE   0 0 163,262
Weyerhaeuser Co. COM 962166104 10,771 333,783 SH   SOLE   0 0 333,783
First Horizon Natl COM 320517105 10,230 589,351 SH   SOLE   0 0 589,351
Occidental Petroleum Corp. COM 674599105 10,013 120,961 SH   SOLE   0 0 120,961
Compass Minerals International Inc COM 20451N101 9,517 141,625 SH   SOLE   0 0 141,625
Pinnacle Finl Partners Inc COM 72346Q104 8,975 149,204 SH   SOLE   0 0 149,204
Graphic Packaging Holding Co COM 388689101 8,467 601,900 SH   SOLE   0 0 601,900
Kroger Co. COM 501044101 8,216 282,250 SH   SOLE   0 0 282,250
Cedar Fair -L.P. COM 150185106 7,508 144,167 SH   SOLE   0 0 144,167
Newmarket Corp COM 651587107 7,376 18,130 SH   SOLE   0 0 18,130
Stryker Corp. COM 863667101 4,723 26,583 SH   SOLE   0 0 26,583
Prosperity Bancshares, Inc COM 743606105 4,720 67,775 SH   SOLE   0 0 67,775
Synopsys, Inc. COM 871607107 3,881 39,362 SH   SOLE   0 0 39,362
1/100 Berkshire Htwy Cla COM CLASS A 846701108 3,520 3,520 PRN   SOLE   0 0 3,520
First Community Corp COM 319835104 3,505 144,850 SH   SOLE   0 0 144,850
Check Point Software Technologies COM m22465104 2,901 24,650 SH   SOLE   0 0 24,650
Vertu Motors Plc Ord ORD G9337V109 2,565 4,485,000 SH   SOLE   0 0 4,485,000
Thermon Group Hldgs COM 88362T103 2,191 85,000 SH   SOLE   0 0 85,000
Alphabet Inc COM 02079K305 2,139 1,772 SH   SOLE   0 0 1,772
AbbVie, Inc. COM 00287Y109 2,128 22,500 SH   SOLE   0 0 22,500
Irish Continental Group PLC COM G49406179 2,108 346,350 SH   SOLE   0 0 346,350
Oceanfirst Financial Corp COM 675234108 1,827 67,137 SH   SOLE   0 0 67,137
Ball Corp. COM 058498106 1,760 40,000 SH   SOLE   0 0 40,000
Keane Group Inc COM 48669A108 1,710 138,226 SH   SOLE   0 0 138,226
U.S. Bancorp. COM 902973304 1,702 32,103 SH   SOLE   0 0 32,103
Kaisar Aluminum Corp COM 483007704 1,636 15,000 SH   SOLE   0 0 15,000
Bank of South Carolina Corp COM 065066102 1,433 70,575 SH   SOLE   0 0 70,575
Eastgroup Properties COM 277276101 1,389 14,420 SH   SOLE   0 0 14,420
Equity Commonwealth COM 294628102 1,280 39,873 SH   SOLE   0 0 39,873
Wolverine World Wide, Inc. COM 978097103 1,256 32,100 SH   SOLE   0 0 32,100
Thermo Fisher Scientific Inc COM 883556102 1,220 5,000 SH   SOLE   0 0 5,000
Waste Connections, Inc. COM 941053100 1,145 14,350 SH   SOLE   0 0 14,350
Costco Wholesale Corporation COM 22160k105 940 4,000 SH   SOLE   0 0 4,000
ICON plc COM G4705A100 923 6,000 SH   SOLE   0 0 6,000
CSX Corp. COM 126408103 889 12,000 SH   SOLE   0 0 12,000
Walgreens Boots Allianc COM 931427108 846 11,600 SH   SOLE   0 0 11,600
Calavo Growers, Inc. COM 128246105 837 8,669 SH   SOLE   0 0 8,669
First Choice Bancorp COM 31948P104 763 28,150 SH   SOLE   0 0 28,150
Eplus Inc COM 294268107 695 7,500 SH   SOLE   0 0 7,500
United States Lime&M COM 911922102 632 8,000 SH   SOLE   0 0 8,000
Holly Energy Partner Lp COM 435763107 629 20,000 SH   SOLE   0 0 20,000
Potlatch Corp. COM 737630103 614 15,000 SH   SOLE   0 0 15,000
J&J Snack Foods Corp COM 466032109 605 4,000 SH   SOLE   0 0 4,000
Google Inc. COM 38259p508 597 500 SH   SOLE   0 0 500
Canadian Tire Ltd COM 136681202 586 5,000 SH   SOLE   0 0 5,000
Fifth Third Bancorp. COM 316773100 528 18,800 SH   SOLE   0 0 18,800
Dentsply International Inc. COM 249030107 472 12,500 SH   SOLE   0 0 12,500
Hormel Foods Corp. COM 440452100 394 10,000 SH   SOLE   0 0 10,000
Amazon.Com Inc. COM 023135106 300 150 SH   SOLE   0 0 150
Nanophase Technologies Corp COM 630079101 294 389,838 SH   SOLE   0 0 389,838
Universal Health Realty Income Trust COM 913903100 294 3,950 SH   SOLE   0 0 3,950
Landmark Infrastruct Lp COM 51508J108 283 20,409 SH   SOLE   0 0 20,409
First Bancorp COM 318910106 280 6,900 SH   SOLE   0 0 6,900
Agilent Technologies, Inc. COM 00846u101 257 3,650 SH   SOLE   0 0 3,650
State Street Corp. COM 857477103 253 3,000 SH   SOLE   0 0 3,000
Total System Services COM 891906109 222 2,250 SH   SOLE   0 0 2,250
Select Bancorp Inc COM 81617L108 197 15,900 SH   SOLE   0 0 15,900
Ovascience Inc COM 69014Q101 12 16,300 SH   SOLE   0 0 16,300
FalconStor Software Inc. COM 306137100 1 11,000 SH   SOLE   0 0 11,000
RMR Real Estate Fd Fractional Shares COM HGK70B105 0 174,077 SH   SOLE   0 0 174,077
UFood Restaurant Group Inc. COM 903508109 0 11,000 SH   SOLE   0 0 11,000
Tradeshow Marketing Co. COM 892652108 0 27,900 SH   SOLE   0 0 27,900