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
3M Company COM 88579y101 2,249 12,595 SH   SOLE   0 0 12,595
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 10,751 252,791 SH   SOLE   0 0 252,791
AbbVie, Inc. COM 00287y109 928 14,817 SH   SOLE   0 0 14,817
Abbott Laboratories COM 002824100 2,226 57,958 SH   SOLE   0 0 57,958
Accenture Ltd COM g1151c101 21,614 184,529 SH   SOLE   0 0 184,529
AllState Corp. COM 020002101 576 7,774 SH   SOLE   0 0 7,774
Alphabet Inc. Class A COM 02079k305 534 674 SH   SOLE   0 0 674
Alphabet Inc. Class C COM 02079k107 4,798 6,216 SH   SOLE   0 0 6,216
Altria Group, Inc. COM 02209s103 3,762 55,636 SH   SOLE   0 0 55,636
Amazon.com COM 023135106 8,071 10,763 SH   SOLE   0 0 10,763
American Airlines Grp COM 02376R102 1,658 35,508 SH   SOLE   0 0 35,508
American Express Co. COM 025816109 616 8,314 SH   SOLE   0 0 8,314
American Int'l Group COM 026874784 1,145 17,526 SH   SOLE   0 0 17,526
Amgen Inc. COM 031162100 4,617 31,575 SH   SOLE   0 0 31,575
Apache Corp. COM 037411105 4,551 71,707 SH   SOLE   0 0 71,707
Apple Computer COM 037833100 17,983 155,271 SH   SOLE   0 0 155,271
Automatic Data Processing COM 053015103 302 2,937 SH   SOLE   0 0 2,937
BP PLC COM 055622104 1,734 46,400 SH   SOLE   0 0 46,400
Banco LatinoAmericano COM P16994132 20,793 706,288 SH   SOLE   0 0 706,288
BankAmerica Corp. COM 060505104 615 27,824 SH   SOLE   0 0 27,824
Berkshire Hathaway 'A' COM 084670108 1,465 6 SH   SOLE   0 0 6
Berkshire Hathaway 'B' COM 084670702 96,407 591,528 SH   SOLE   0 0 591,528
Boardwalk Pipeline Prtnrs LP COM 096627104 8,224 473,717 SH   SOLE   0 0 473,717
Boeing Co. COM 097023105 341 2,192 SH   SOLE   0 0 2,192
Bristol Myers Squibb COM 110122108 2,766 47,338 SH   SOLE   0 0 47,338
Brookdale Sr Living Inc COM 112463104 10,565 850,681 SH   SOLE   0 0 850,681
Brookfield Pptys Part COM G16249107 374 17,000 SH   SOLE   0 0 17,000
CA Inc COM 12673p105 268 8,445 SH   SOLE   0 0 8,445
CSRA, Inc. COM 12650t104 995 31,240 SH   SOLE   0 0 31,240
CVS Health Corp. COM 126650100 3,507 44,441 SH   SOLE   0 0 44,441
Cable One Inc COM 12685j105 1,398 2,249 SH   SOLE   0 0 2,249
Campbell Soup Co. COM 134429109 1,590 26,300 SH   SOLE   0 0 26,300
Caterpillar Inc. COM 149123101 5,441 58,672 SH   SOLE   0 0 58,672
Celgene Corp. COM 151020104 632 5,459 SH   SOLE   0 0 5,459
Chevron Corp. COM 166764100 2,093 17,780 SH   SOLE   0 0 17,780
Cisco Systems Inc. COM 17275R102 4,733 156,634 SH   SOLE   0 0 156,634
Coca Cola Co. COM 191216100 3,095 74,642 SH   SOLE   0 0 74,642
Colgate Palmolive Co. COM 194162103 218 3,336 SH   SOLE   0 0 3,336
Comcast Corp. - Class A COM 20030n101 3,371 48,823 SH   SOLE   0 0 48,823
Computer Sciences Corp. COM 205363104 1,792 30,160 SH   SOLE   0 0 30,160
ConocoPhillips COM 20825c104 316 6,312 SH   SOLE   0 0 6,312
CoreCivic, Inc. COM 21871N101 27,480 1,123,471 SH   SOLE   0 0 1,123,471
Cracker Barrel Old Country Sto COM 22410J106 305 1,826 SH   SOLE   0 0 1,826
Danaher Corp. COM 235851102 204 2,625 SH   SOLE   0 0 2,625
Darden Restaurants, Inc. COM 237194105 468 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 3,347 68,047 SH   SOLE   0 0 68,047
Dentsply Sirona Inc. COM 24906P109 1,606 27,819 SH   SOLE   0 0 27,819
Diageo PLC COM 25243Q205 2,836 27,284 SH   SOLE   0 0 27,284
Dominion Resources, Inc. COM 25746u109 1,947 25,425 SH   SOLE   0 0 25,425
Duke Energy Corp. COM 26441c204 4,510 58,107 SH   SOLE   0 0 58,107
E. I. Dupont de Nemours & Co. COM 263534109 334 4,551 SH   SOLE   0 0 4,551
Express Scripts, Inc. COM 30219g108 1,237 17,986 SH   SOLE   0 0 17,986
Exxon Mobil Corp. COM 30231G102 15,376 170,353 SH   SOLE   0 0 170,353
Facebook, Inc. COM 30303m102 219 1,907 SH   SOLE   0 0 1,907
Fairfax Financial Hld COM 303901102 80,684 165,777 SH   SOLE   0 0 165,777
FedEx Corp. COM 31428X106 9,986 53,632 SH   SOLE   0 0 53,632
Forestar Group COM 346233109 1,337 100,500 SH   SOLE   0 0 100,500
Gannett Co. Inc. COM 36473h104 2,772 285,467 SH   SOLE   0 0 285,467
General Electric Co. COM 369604103 10,953 346,611 SH   SOLE   0 0 346,611
General Mills Inc. COM 370334104 2,497 40,425 SH   SOLE   0 0 40,425
Goldman Sachs Group COM 38141g104 1,226 5,118 SH   SOLE   0 0 5,118
Graham Holdings Co COM 384637104 1,203 2,349 SH   SOLE   0 0 2,349
HCA Holdings, Inc. COM 40412C101 31,758 429,046 SH   SOLE   0 0 429,046
HCP Inc COM 40414L109 3,239 108,985 SH   SOLE   0 0 108,985
HP Inc. COM 40434l105 178 11,995 SH   SOLE   0 0 11,995
Halliburton Inc. COM 406216101 8,500 157,144 SH   SOLE   0 0 157,144
HealthStream Inc. COM 42222n103 341 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 278 11,995 SH   SOLE   0 0 11,995
Home Depot Inc. COM 437076102 8,384 62,526 SH   SOLE   0 0 62,526
Honeywell Intl. COM 438516106 2,720 23,478 SH   SOLE   0 0 23,478
Intel Corp. COM 458140100 10,894 300,370 SH   SOLE   0 0 300,370
International Business Machine COM 459200101 5,271 31,755 SH   SOLE   0 0 31,755
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,280 14,830 SH   SOLE   0 0 14,830
Johnson & Johnson COM 478160104 12,796 111,071 SH   SOLE   0 0 111,071
KKR & Company LP COM 48248M102 371 24,125 SH   SOLE   0 0 24,125
Kraft Heinz Company COM 500754106 4,940 56,571 SH   SOLE   0 0 56,571
L-3 Communications COM 502424104 502 3,300 SH   SOLE   0 0 3,300
Leucadia Natl Corp COM 527288104 5,709 245,551 SH   SOLE   0 0 245,551
Level 3 Commun COM 52729N308 32,871 583,228 SH   SOLE   0 0 583,228
Loews Corp. COM 540424108 18,873 403,013 SH   SOLE   0 0 403,013
Lowes Companies COM 548661107 7,114 100,027 SH   SOLE   0 0 100,027
Mannkind Corp. COM 56400p201 9 14,000 SH   SOLE   0 0 14,000
McCormick COM 579780206 1,429 15,315 SH   SOLE   0 0 15,315
McDonalds Corp. COM 580135101 3,226 26,500 SH   SOLE   0 0 26,500
Mead Johnson Nutrition COM 582839106 375 5,300 SH   SOLE   0 0 5,300
Medtronic PLC COM G5960L103 4,126 57,925 SH   SOLE   0 0 57,925
Merck & Company Inc. COM 58933y105 5,800 98,515 SH   SOLE   0 0 98,515
Microsoft Corp. COM 594918104 7,504 120,763 SH   SOLE   0 0 120,763
Mondelez Int'l Inc COM 609207105 14,298 322,535 SH   SOLE   0 0 322,535
Morgan Stanley COM 617446448 366 8,663 SH   SOLE   0 0 8,663
National Health Invstrs COM 63633d104 13,967 188,310 SH   SOLE   0 0 188,310
National Healthcare COM 635906100 567 7,479 SH   SOLE   0 0 7,479
Nestle SA Sponsored Reg COM 641069406 304 4,228 SH   SOLE   0 0 4,228
NextEra Energy, Inc. COM 65339f101 323 2,703 SH   SOLE   0 0 2,703
Nike COM 654106103 279 5,492 SH   SOLE   0 0 5,492
Norfolk Southern Corp. COM 655844108 247 2,285 SH   SOLE   0 0 2,285
Novartis AG COM 66987v109 716 9,825 SH   SOLE   0 0 9,825
Oracle COM 68389x105 2,280 59,298 SH   SOLE   0 0 59,298
Overstock COM 690370101 9,083 519,008 SH   SOLE   0 0 519,008
Owens Corning COM 690742101 838 16,255 SH   SOLE   0 0 16,255
Owens Illinois Inc New COM 690768403 8,402 482,587 SH   SOLE   0 0 482,587
Pan American Silver COM 697900108 151 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 16,283 841,082 SH   SOLE   0 0 841,082
PepsiCo Inc. COM 713448108 2,443 23,345 SH   SOLE   0 0 23,345
Pfizer Inc. COM 717081103 5,587 172,021 SH   SOLE   0 0 172,021
Philip Morris Intl COM 718172109 7,080 77,385 SH   SOLE   0 0 77,385
Phillips 66 COM 718546104 381 4,405 SH   SOLE   0 0 4,405
Pico Holdings COM 693366205 644 42,500 SH   SOLE   0 0 42,500
Pinnacle Financial Partners COM 72346q104 4,122 59,485 SH   SOLE   0 0 59,485
Procter & Gamble Co. COM 742718109 12,089 143,777 SH   SOLE   0 0 143,777
Quality Care Properties, Inc. COM 747545101 217 13,975 SH   SOLE   0 0 13,975
Regions Financial Corp. COM 7591ep100 1,688 117,538 SH   SOLE   0 0 117,538
Republic Services Inc. COM 760759100 6,757 118,447 SH   SOLE   0 0 118,447
Roche Holdings COM 771195104 2,542 89,097 SH   SOLE   0 0 89,097
Royal Dutch Shell Cl B COM 780259107 904 15,598 SH   SOLE   0 0 15,598
S & P 500 Index Depository Rec COM 78462F103 2,493 11,151 SH   SOLE   0 0 11,151
Schlumberger Ltd. COM 806857108 10,487 124,915 SH   SOLE   0 0 124,915
Scripps Networks Interactive, COM 811065101 2,165 30,339 SH   SOLE   0 0 30,339
Select Basic Materials Sector COM 81369y100 1,433 28,841 SH   SOLE   0 0 28,841
Southwest Airlines Co. COM 844741108 4,147 83,205 SH   SOLE   0 0 83,205
St. Jude Medical Inc. COM 790849103 463 5,775 SH   SOLE   0 0 5,775
Starbucks Corp. COM 855244109 2,861 51,525 SH   SOLE   0 0 51,525
Stryker COM 863667101 246 2,050 SH   SOLE   0 0 2,050
SunCoke Energy COM 86722A103 386 34,000 SH   SOLE   0 0 34,000
SunTrust Banks Inc. COM 867914103 2,213 40,341 SH   SOLE   0 0 40,341
Sysco Corp. COM 871829107 8,867 160,142 SH   SOLE   0 0 160,142
TE Connectivity Ltd COM H84989104 269 3,888 SH   SOLE   0 0 3,888
TEGNA, Inc. COM 87901j105 13,493 630,812 SH   SOLE   0 0 630,812
TJX Companies, Inc. COM 872540109 799 10,639 SH   SOLE   0 0 10,639
Tejon Ranch Co. COM 879080109 280 11,000 SH   SOLE   0 0 11,000
Transocean, Ltd COM H8817H100 148 10,032 SH   SOLE   0 0 10,032
Travelers Inc. COM 89417e109 802 6,550 SH   SOLE   0 0 6,550
Twenty-First Cent Fox Inc. Cl COM 90130a101 2,730 97,373 SH   SOLE   0 0 97,373
Twenty-First Cent Fox Inc. Cl COM 90130A200 2,940 107,905 SH   SOLE   0 0 107,905
US Bancorp COM 902973304 678 13,200 SH   SOLE   0 0 13,200
United Parcel Svc. Cl B COM 911312106 5,918 51,622 SH   SOLE   0 0 51,622
United Rentals, Inc. COM 911363109 2,004 18,985 SH   SOLE   0 0 18,985
United Technologies COM 913017109 9,857 89,919 SH   SOLE   0 0 89,919
Valero Energy Corp. COM 91913y100 764 11,179 SH   SOLE   0 0 11,179
Vanguard Emerging Markets ETF COM 922042858 1,822 50,915 SH   SOLE   0 0 50,915
Vanguard Large-Cap Exchanged T COM 922908637 508 4,965 SH   SOLE   0 0 4,965
Vanguard Mid-Cap Exchange Trad COM 922908629 296 2,245 SH   SOLE   0 0 2,245
Vanguard Small-Cap VIPERs COM 922908751 478 3,704 SH   SOLE   0 0 3,704
Verizon Comm. COM 92343v104 7,474 140,023 SH   SOLE   0 0 140,023
Vodafone Group PLC ADS COM 92857w308 536 21,950 SH   SOLE   0 0 21,950
Vulcan Materials COM 929160109 1,649 13,175 SH   SOLE   0 0 13,175
Wal-Mart Stores Inc. COM 931142103 5,807 84,013 SH   SOLE   0 0 84,013
Walt Disney Co. COM 254687106 11,205 107,509 SH   SOLE   0 0 107,509
Wells Fargo & Co. COM 949746101 4,644 84,272 SH   SOLE   0 0 84,272
Western Union COM 959802109 638 29,375 SH   SOLE   0 0 29,375
White Mountain Ins COM G9618E107 4,052 4,847 SH   SOLE   0 0 4,847
Whole Foods Market COM 966837106 1,114 36,215 SH   SOLE   0 0 36,215
Zimmer Biomet Holdings, Inc. COM 98956p102 1,125 10,906 SH   SOLE   0 0 10,906
Zoetis, Inc. COM 98978v103 3,394 63,405 SH   SOLE   0 0 63,405
iShares DJ Select Dividend Ind COM 464287168 394 4,445 SH   SOLE   0 0 4,445
iShares FTSE China 25 Index Fu COM 464287184 1,666 48,000 SH   SOLE   0 0 48,000
iShares MSCI EAFE Index Fund COM 464287465 253 4,375 SH   SOLE   0 0 4,375
iShares MSCI Emerging Markets COM 464287234 756 21,587 SH   SOLE   0 0 21,587
iShares MSCI Pacific Rim COM 464286665 882 22,286 SH   SOLE   0 0 22,286
iShares MidCap 400 COM 464287507 251 1,518 SH   SOLE   0 0 1,518
iShares Russell 1000 Index ETF COM 464287622 531 4,270 SH   SOLE   0 0 4,270
iShares Russell Mid-Cap Index COM 464287499 285 1,593 SH   SOLE   0 0 1,593
iShares S&P 500 Core Index ETF COM 464287200 401 1,783 SH   SOLE   0 0 1,783
iShares S&P SmallCap 600 Index COM 464287804 3,131 22,765 SH   SOLE   0 0 22,765