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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 411 1,950 SH   SOLE   0 0 1,950
ALLEGHANY CORP DEL COM 017175100 3,766 4,710 SH   SOLE   0 0 4,710
ALPHABET INC CAP STK CL A 02079K305 536 400 SH   SOLE   0 0 400
ALPHABET INC CAP STK CL C 02079K107 10,127 7,574 SH   SOLE   0 0 7,574
AMERICAN EXPRESS CO COM 025816109 1,062 8,527 SH   SOLE   0 0 8,527
AMERICAN INTL GROUP INC COM NEW 026874784 1,535 29,900 SH   SOLE   0 0 29,900
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 36 3,500 SH   SOLE   0 0 3,500
APPLE INC COM 037833100 16,437 55,974 SH   SOLE   0 0 55,974
BANK AMER CORP COM 060505104 3,834 108,851 SH   SOLE   0 0 108,851
BERKSHIRE HATHAWAY INC DEL CL A 084670108 7,811 23 SH   SOLE   0 0 23
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 23,581 104,111 SH   SOLE   0 0 104,111
BLACKSTONE MTG TR INC COM CL A 09257W100 313 8,414 SH   SOLE   0 0 8,414
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 5,612 97,085 SH   SOLE   0 0 97,085
BUILDERS FIRSTSOURCE INC COM 12008R107 1,365 53,700 SH   SOLE   0 0 53,700
CANADIAN NATL RY CO COM 136375102 932 10,300 SH   SOLE   0 0 10,300
CARMAX INC COM 143130102 438 5,000 SH   SOLE   0 0 5,000
CASEYS GEN STORES INC COM 147528103 1,274 8,015 SH   SOLE   0 0 8,015
CIMAREX ENERGY CO COM 171798101 958 18,250 SH   SOLE   0 0 18,250
COSTCO WHSL CORP NEW COM 22160K105 3,459 11,770 SH   SOLE   0 0 11,770
DELTA AIR LINES INC DEL COM NEW 247361702 2,120 36,250 SH   SOLE   0 0 36,250
EASTERLY GOVT PPTYS INC COM 27616P103 237 10,000 SH   SOLE   0 0 10,000
FACEBOOK INC CL A 30303M102 323 1,575 SH   SOLE   0 0 1,575
FS BANCORP INC COM 30263Y104 270 4,240 SH   SOLE   0 0 4,240
GABELLI EQUITY TR INC COM 362397101 1,613 264,821 SH   SOLE   0 0 264,821
INDEPENDENT BANK CORP MASS COM 453836108 466 5,594 SH   SOLE   0 0 5,594
ISHARES TR 1 3 YR TREAS BD 464287457 95 1,127 SH   SOLE   0 0 1,127
ISHARES TR SHORT TREAS BD 464288679 220 1,990 SH   SOLE   0 0 1,990
JOHNSON & JOHNSON COM 478160104 4,185 28,690 SH   SOLE   0 0 28,690
LADDER CAP CORP CL A 505743104 290 16,100 SH   SOLE   0 0 16,100
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 7 245 SH   SOLE   0 0 245
LIBERTY MEDIA CORP DELAWARE COM A BRAVES GRP 531229706 4 122 SH   SOLE   0 0 122
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 5 115 SH   SOLE   0 0 115
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 4,142 94,607 SH   SOLE   0 0 94,607
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 7,503 155,209 SH   SOLE   0 0 155,209
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 23 468 SH   SOLE   0 0 468
MARKEL CORP COM 570535104 447 391 SH   SOLE   0 0 391
MASTERCARD INC CL A 57636Q104 2,692 9,015 SH   SOLE   0 0 9,015
MONDELEZ INTL INC CL A 609207105 1,383 25,100 SH   SOLE   0 0 25,100
MONMOUTH REAL ESTATE INVT CO CL A 609720107 322 22,250 SH   SOLE   0 0 22,250
OCCIDENTAL PETE CORP COM 674599105 1,434 34,800 SH   SOLE   0 0 34,800
PARK HOTELS RESORTS INC COM 700517105 448 17,326 SH   SOLE   0 0 17,326
PEPSICO INC COM 713448108 629 4,600 SH   SOLE   0 0 4,600
PRICESMART INC COM 741511109 535 7,530 SH   SOLE   0 0 7,530
QURATE RETAIL INC COM SER A 74915M100 387 45,925 SH   SOLE   0 0 45,925
RENN FD INC COM 759720105 141 86,065 SH   SOLE   0 0 86,065
ROYCE MICRO-CAP TR INC COM 780915104 385 45,073 SH   SOLE   0 0 45,073
SCHLUMBERGER LTD COM 806857108 808 20,100 SH   SOLE   0 0 20,100
SEASPAN CORP SHS Y75638109 5,431 382,200 SH   SOLE   0 0 382,200
SOURCE CAP INC COM 836144105 3,439 88,885 SH   SOLE   0 0 88,885
STORE CAP CORP COM 862121100 715 19,200 SH   SOLE   0 0 19,200
TANGER FACTORY OUTLET CTRS I COM 875465106 887 60,200 SH   SOLE   0 0 60,200
TCW STRATEGIC INCOME FUND IN COM 872340104 719 124,576 SH   SOLE   0 0 124,576
TEXAS PAC LD TR SUB CTF PROP I T 882610108 7,075 9,056 SH   SOLE   0 0 9,056
HOWARD HUGHES CORP COM 44267D107 2,582 20,360 SH   SOLE   0 0 20,360
DISNEY WALT CO COM DISNEY 254687106 3,978 27,504 SH   SOLE   0 0 27,504
TIDEWATER INC NEW COM 88642R109 184 9,564 SH   SOLE   0 0 9,564
TIDEWATER INC NEW *W EXP 07/31/202 88642R117 39 24,098 SH   SOLE   0 0 24,098
TIDEWATER INC NEW *W EXP 07/31/202 88642R125 24 20,646 SH   SOLE   0 0 20,646
UMH PPTYS INC COM 903002103 788 50,083 SH   SOLE   0 0 50,083
UNILEVER PLC SPON ADR NEW 904767704 343 6,000 SH   SOLE   0 0 6,000
UNION PACIFIC CORP COM 907818108 1,809 10,007 SH   SOLE   0 0 10,007
VERISK ANALYTICS INC COM 92345Y106 986 6,600 SH   SOLE   0 0 6,600
WELLS FARGO CO NEW COM 949746101 8,352 155,235 SH   SOLE   0 0 155,235
WHITE MTNS INS GROUP LTD COM G9618E107 3,301 2,959 SH   SOLE   0 0 2,959
WYNDHAM HOTELS & RESORTS INC COM 98311A105 1,606 25,575 SH   SOLE   0 0 25,575