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 2,758 11,719 SH   SOLE   0 0 11,719
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 8,513 218,955 SH   SOLE   0 0 218,955
AbbVie, Inc. COM 00287y109 1,251 12,934 SH   SOLE   0 0 12,934
Abbott Laboratories COM 002824100 3,381 59,249 SH   SOLE   0 0 59,249
Accenture Ltd COM g1151c101 27,213 177,757 SH   SOLE   0 0 177,757
AllState Corp. COM 020002101 819 7,826 SH   SOLE   0 0 7,826
Allergan PLC COM G0177J108 444 2,716 SH   SOLE   0 0 2,716
Alphabet Inc. Class A COM 02079k305 768 729 SH   SOLE   0 0 729
Alphabet Inc. Class C COM 02079k107 8,968 8,570 SH   SOLE   0 0 8,570
Altria Group, Inc. COM 02209s103 3,994 55,929 SH   SOLE   0 0 55,929
Amazon.com COM 023135106 12,144 10,384 SH   SOLE   0 0 10,384
American Airlines Grp COM 02376R102 1,808 34,754 SH   SOLE   0 0 34,754
American Express Co. COM 025816109 692 6,969 SH   SOLE   0 0 6,969
American Int'l Group COM 026874784 1,061 17,808 SH   SOLE   0 0 17,808
Amgen Inc. COM 031162100 5,830 33,524 SH   SOLE   0 0 33,524
Apache Corp. COM 037411105 3,559 84,307 SH   SOLE   0 0 84,307
Apple Computer COM 037833100 24,947 147,413 SH   SOLE   0 0 147,413
Automatic Data Processing COM 053015103 283 2,418 SH   SOLE   0 0 2,418
BP PLC COM 055622104 3,365 80,073 SH   SOLE   0 0 80,073
Banco LatinoAmericano COM P16994132 18,309 680,643 SH   SOLE   0 0 680,643
BankAmerica Corp. COM 060505104 842 28,519 SH   SOLE   0 0 28,519
Berkshire Hathaway 'A' COM 084670108 1,786 6 SH   SOLE   0 0 6
Berkshire Hathaway 'B' COM 084670702 112,315 566,617 SH   SOLE   0 0 566,617
Boardwalk Pipeline Prtnrs LP COM 096627104 5,999 464,643 SH   SOLE   0 0 464,643
Boeing Co. COM 097023105 732 2,480 SH   SOLE   0 0 2,480
Bristol Myers Squibb COM 110122108 2,778 45,338 SH   SOLE   0 0 45,338
Brookdale Sr Living Inc COM 112463104 10,943 1,128,174 SH   SOLE   0 0 1,128,174
Brookfield Pptys Part COM G16249107 377 17,000 SH   SOLE   0 0 17,000
CA Inc COM 12673p105 281 8,445 SH   SOLE   0 0 8,445
CSRA, Inc. COM 12650t104 812 27,155 SH   SOLE   0 0 27,155
CVS Health Corp. COM 126650100 2,884 39,781 SH   SOLE   0 0 39,781
Cable One Inc COM 12685j105 1,571 2,233 SH   SOLE   0 0 2,233
Cars.com Inc. COM 14575E105 4,892 169,635 SH   SOLE   0 0 169,635
Caterpillar Inc. COM 149123101 8,989 57,047 SH   SOLE   0 0 57,047
Celgene Corp. COM 151020104 1,122 10,751 SH   SOLE   0 0 10,751
CenturyLink Inc. COM 156700106 17,737 1,063,388 SH   SOLE   0 0 1,063,388
Chevron Corp. COM 166764100 2,226 17,783 SH   SOLE   0 0 17,783
Cisco Systems Inc. COM 17275R102 6,528 170,434 SH   SOLE   0 0 170,434
Coca Cola Co. COM 191216100 2,968 64,692 SH   SOLE   0 0 64,692
Colgate Palmolive Co. COM 194162103 244 3,236 SH   SOLE   0 0 3,236
Comcast Corp. - Class A COM 20030n101 5,737 143,247 SH   SOLE   0 0 143,247
ConocoPhillips COM 20825c104 292 5,316 SH   SOLE   0 0 5,316
CoreCivic, Inc. COM 21871N101 29,318 1,303,017 SH   SOLE   0 0 1,303,017
Cracker Barrel Old Country Sto COM 22410J106 211 1,330 SH   SOLE   0 0 1,330
DXC Technology Co. COM 23355l106 2,981 31,415 SH   SOLE   0 0 31,415
Danaher Corp. COM 235851102 384 4,142 SH   SOLE   0 0 4,142
Darden Restaurants, Inc. COM 237194105 618 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 6,192 110,575 SH   SOLE   0 0 110,575
Dentsply Sirona Inc. COM 24906P109 1,826 27,739 SH   SOLE   0 0 27,739
Diageo PLC COM 25243Q205 3,842 26,313 SH   SOLE   0 0 26,313
Dominion Resources, Inc. COM 25746u109 2,156 26,603 SH   SOLE   0 0 26,603
DowDuPont, Inc. COM 26078J100 447 6,279 SH   SOLE   0 0 6,279
Duke Energy Corp. COM 26441c204 4,069 48,376 SH   SOLE   0 0 48,376
Equity Cmmnwlth COM 294628102 10,071 330,100 SH   SOLE   0 0 330,100
Express Scripts, Inc. COM 30219g108 1,321 17,698 SH   SOLE   0 0 17,698
Exxon Mobil Corp. COM 30231G102 14,832 177,331 SH   SOLE   0 0 177,331
Facebook, Inc. COM 30303m102 383 2,173 SH   SOLE   0 0 2,173
Fairfax Financial Hld COM 303901102 86,918 163,892 SH   SOLE   0 0 163,892
FedEx Corp. COM 31428X106 13,222 52,987 SH   SOLE   0 0 52,987
First Data Corp. COM 32008D106 451 27,000 SH   SOLE   0 0 27,000
Gannett Co. Inc. COM 36473H104 2,311 199,434 SH   SOLE   0 0 199,434
General Electric Co. COM 369604103 5,078 291,006 SH   SOLE   0 0 291,006
General Mills Inc. COM 370334104 1,877 31,650 SH   SOLE   0 0 31,650
Goldman Sachs Group COM 38141g104 1,412 5,543 SH   SOLE   0 0 5,543
Graham Holdings Co COM 384637104 1,303 2,333 SH   SOLE   0 0 2,333
HCA Healthcare, Inc. COM 40412C101 32,114 365,602 SH   SOLE   0 0 365,602
HCP Inc COM 40414L109 2,909 111,535 SH   SOLE   0 0 111,535
HP Inc. COM 40434l105 252 11,995 SH   SOLE   0 0 11,995
Halliburton Inc. COM 406216101 10,015 204,936 SH   SOLE   0 0 204,936
HealthStream Inc. COM 42222n103 315 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 172 11,995 SH   SOLE   0 0 11,995
Home Depot Inc. COM 437076102 10,993 58,001 SH   SOLE   0 0 58,001
Honeywell Intl. COM 438516106 3,443 22,450 SH   SOLE   0 0 22,450
Intel Corp. COM 458140100 12,040 260,835 SH   SOLE   0 0 260,835
International Business Machine COM 459200101 4,059 26,454 SH   SOLE   0 0 26,454
J M Smucker Company COM 832696405 948 7,634 SH   SOLE   0 0 7,634
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,892 17,688 SH   SOLE   0 0 17,688
Johnson & Johnson COM 478160104 14,640 104,780 SH   SOLE   0 0 104,780
KKR & Company LP COM 48248M102 505 24,000 SH   SOLE   0 0 24,000
Kimberly-Clark Corp. COM 494368103 329 2,727 SH   SOLE   0 0 2,727
Kraft Heinz Company COM 500754106 4,876 62,702 SH   SOLE   0 0 62,702
L3 Technologies, Inc. COM 502413107 610 3,083 SH   SOLE   0 0 3,083
Leucadia Natl Corp COM 527288104 6,068 229,051 SH   SOLE   0 0 229,051
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 18,843 376,635 SH   SOLE   0 0 376,635
Lowes Companies COM 548661107 11,913 128,183 SH   SOLE   0 0 128,183
Marathon Petroleum Corp. COM 56585a102 253 3,840 SH   SOLE   0 0 3,840
McCormick COM 579780206 1,503 14,750 SH   SOLE   0 0 14,750
McDonalds Corp. COM 580135101 4,291 24,931 SH   SOLE   0 0 24,931
Medtronic PLC COM G5960L103 4,637 57,419 SH   SOLE   0 0 57,419
Merck & Company Inc. COM 58933y105 5,913 105,082 SH   SOLE   0 0 105,082
Microsoft Corp. COM 594918104 10,048 117,468 SH   SOLE   0 0 117,468
Mondelez Int'l Inc COM 609207105 14,595 341,009 SH   SOLE   0 0 341,009
Morgan Stanley COM 617446448 464 8,850 SH   SOLE   0 0 8,850
National Health Invstrs COM 63633d104 11,873 157,510 SH   SOLE   0 0 157,510
National Healthcare COM 635906100 441 7,243 SH   SOLE   0 0 7,243
Nestle SA Sponsored Reg COM 641069406 316 3,680 SH   SOLE   0 0 3,680
NextEra Energy, Inc. COM 65339f101 343 2,198 SH   SOLE   0 0 2,198
Nike COM 654106103 415 6,642 SH   SOLE   0 0 6,642
Norfolk Southern Corp. COM 655844108 332 2,290 SH   SOLE   0 0 2,290
Northwest Biotherapeutics, Inc COM 66737P600 5 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 812 9,673 SH   SOLE   0 0 9,673
Nvidia Corp COM 67066G104 244 1,260 SH   SOLE   0 0 1,260
Oracle COM 68389x105 3,700 78,265 SH   SOLE   0 0 78,265
Overstock COM 690370101 36,146 565,666 SH   SOLE   0 0 565,666
Owens Corning COM 690742101 1,403 15,257 SH   SOLE   0 0 15,257
Owens Illinois Inc New COM 690768403 10,761 485,395 SH   SOLE   0 0 485,395
Pan American Silver COM 697900108 156 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 15,038 804,160 SH   SOLE   0 0 804,160
PepsiCo Inc. COM 713448108 2,687 22,410 SH   SOLE   0 0 22,410
Pfizer Inc. COM 717081103 5,997 165,584 SH   SOLE   0 0 165,584
Philip Morris Intl COM 718172109 8,042 76,124 SH   SOLE   0 0 76,124
Phillips 66 COM 718546104 1,505 14,874 SH   SOLE   0 0 14,874
Pico Holdings COM 693366205 429 33,500 SH   SOLE   0 0 33,500
Pinnacle Financial Partners COM 72346q104 9,725 146,686 SH   SOLE   0 0 146,686
Procter & Gamble Co. COM 742718109 13,144 143,054 SH   SOLE   0 0 143,054
Raytheon Co. COM 755111507 252 1,340 SH   SOLE   0 0 1,340
Regions Financial Corp. COM 7591ep100 1,869 108,166 SH   SOLE   0 0 108,166
Republic Services Inc. COM 760759100 7,350 108,711 SH   SOLE   0 0 108,711
Roche Holdings COM 771195104 2,380 75,358 SH   SOLE   0 0 75,358
Royal Dutch Shell Cl B COM 780259107 1,024 14,992 SH   SOLE   0 0 14,992
Russell 2000 Index Fund COM 464287655 282 1,849 SH   SOLE   0 0 1,849
S & P 500 Index Depository Rec COM 78462F103 3,327 12,466 SH   SOLE   0 0 12,466
SPDR Gold Trust COM 78463V107 251 2,032 SH   SOLE   0 0 2,032
Schlumberger Ltd. COM 806857108 7,640 113,371 SH   SOLE   0 0 113,371
Scripps Networks Interactive, COM 811065101 2,571 30,112 SH   SOLE   0 0 30,112
Select Basic Materials Sector COM 81369y100 1,659 27,411 SH   SOLE   0 0 27,411
Seritage Growth Ppt COM 81752R100 8,578 212,000 SH   SOLE   0 0 212,000
Southwest Airlines Co. COM 844741108 5,972 91,242 SH   SOLE   0 0 91,242
Starbucks Corp. COM 855244109 3,640 63,375 SH   SOLE   0 0 63,375
Stryker COM 863667101 306 1,976 SH   SOLE   0 0 1,976
SunCoke Energy COM 86722A103 300 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 2,567 39,737 SH   SOLE   0 0 39,737
Sysco Corp. COM 871829107 9,839 162,019 SH   SOLE   0 0 162,019
TE Connectivity Ltd COM H84989104 359 3,782 SH   SOLE   0 0 3,782
TEGNA, Inc. COM 87901j105 8,357 593,502 SH   SOLE   0 0 593,502
TJX Companies, Inc. COM 872540109 774 10,123 SH   SOLE   0 0 10,123
Tapestry, Inc. COM 876030107 3,627 81,997 SH   SOLE   0 0 81,997
Tejon Ranch Co. COM 879080109 986 47,500 SH   SOLE   0 0 47,500
Total System Services COM 891906109 277 3,500 SH   SOLE   0 0 3,500
Travelers Inc. COM 89417e109 922 6,800 SH   SOLE   0 0 6,800
Twenty-First Cent Fox Inc. Cl COM 90130A101 3,358 97,263 SH   SOLE   0 0 97,263
Twenty-First Cent Fox Inc. Cl COM 90130A200 3,402 99,695 SH   SOLE   0 0 99,695
US Bancorp COM 902973304 664 12,398 SH   SOLE   0 0 12,398
Union Pacific Corp. COM 907818108 253 1,885 SH   SOLE   0 0 1,885
United Parcel Svc. Cl B COM 911312106 5,269 44,219 SH   SOLE   0 0 44,219
United Rentals, Inc. COM 911363109 5,040 29,317 SH   SOLE   0 0 29,317
United Technologies COM 913017109 12,254 96,060 SH   SOLE   0 0 96,060
Valero Energy Corp. COM 91913y100 1,670 18,165 SH   SOLE   0 0 18,165
Vanguard Emerging Markets ETF COM 922042858 2,885 62,833 SH   SOLE   0 0 62,833
Vanguard Large-Cap Exchanged T COM 922908637 953 7,775 SH   SOLE   0 0 7,775
Vanguard Mid-Cap Exchange Trad COM 922908629 443 2,865 SH   SOLE   0 0 2,865
Vanguard Small-Cap VIPERs COM 922908751 804 5,439 SH   SOLE   0 0 5,439
Verizon Comm. COM 92343v104 3,514 66,388 SH   SOLE   0 0 66,388
Vodafone Group PLC ADS COM 92857w308 616 19,324 SH   SOLE   0 0 19,324
Vulcan Materials COM 929160109 1,691 13,175 SH   SOLE   0 0 13,175
Wal-Mart Stores Inc. COM 931142103 10,358 104,888 SH   SOLE   0 0 104,888
Walgreens Boots Alliance, Inc. COM 931427108 240 3,301 SH   SOLE   0 0 3,301
Walt Disney Co. COM 254687106 11,873 110,435 SH   SOLE   0 0 110,435
Wells Fargo & Co. COM 949746101 5,482 90,357 SH   SOLE   0 0 90,357
Western Union COM 959802109 486 25,575 SH   SOLE   0 0 25,575
White Mountain Ins COM G9618E107 4,060 4,769 SH   SOLE   0 0 4,769
Zimmer Biomet Holdings, Inc. COM 98956p102 1,580 13,096 SH   SOLE   0 0 13,096
Zoetis, Inc. COM 98978v103 4,638 64,381 SH   SOLE   0 0 64,381
iShares DJ Select Dividend Ind COM 464287168 401 4,070 SH   SOLE   0 0 4,070
iShares FTSE China 25 Index Fu COM 464287184 2,165 46,900 SH   SOLE   0 0 46,900
iShares MSCI EAFE Index Fund COM 464287465 801 11,390 SH   SOLE   0 0 11,390
iShares MSCI Emerging Markets COM 464287234 1,186 25,175 SH   SOLE   0 0 25,175
iShares MSCI Pacific Rim COM 464286665 1,092 22,836 SH   SOLE   0 0 22,836
iShares MidCap 400 COM 464287507 417 2,195 SH   SOLE   0 0 2,195
iShares Russell 1000 Index ETF COM 464287622 1,018 6,850 SH   SOLE   0 0 6,850
iShares Russell Mid-Cap Index COM 464287499 434 2,083 SH   SOLE   0 0 2,083
iShares S&P 500 Core Index ETF COM 464287200 428 1,594 SH   SOLE   0 0 1,594
iShares S&P SmallCap 600 Index COM 464287804 3,720 48,430 SH   SOLE   0 0 48,430