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
3M Company COM 88579y101 2,505 11,798 SH   SOLE   0 0 11,798
ADT, Inc. COM 00090Q103 1,738 192,910 SH   SOLE   0 0 192,910
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 6,106 190,985 SH   SOLE   0 0 190,985
AbbVie, Inc. COM 00287y109 1,308 14,186 SH   SOLE   0 0 14,186
Abbott Laboratories COM 002824100 3,803 58,028 SH   SOLE   0 0 58,028
Accenture Ltd COM g1151c101 27,276 171,193 SH   SOLE   0 0 171,193
AllState Corp. COM 020002101 743 7,815 SH   SOLE   0 0 7,815
Alphabet Inc. Class A COM 02079k305 727 592 SH   SOLE   0 0 592
Alphabet Inc. Class C COM 02079k107 10,772 8,849 SH   SOLE   0 0 8,849
Altria Group, Inc. COM 02209s103 3,203 54,589 SH   SOLE   0 0 54,589
Amazon.com COM 023135106 16,779 9,440 SH   SOLE   0 0 9,440
American Airlines Grp COM 02376R102 1,343 33,970 SH   SOLE   0 0 33,970
American Express Co. COM 025816109 738 7,419 SH   SOLE   0 0 7,419
American Int'l Group COM 026874784 2,647 47,936 SH   SOLE   0 0 47,936
Amgen Inc. COM 031162100 7,027 35,751 SH   SOLE   0 0 35,751
Apache Corp. COM 037411105 4,072 88,522 SH   SOLE   0 0 88,522
Apple Computer COM 037833100 27,492 144,476 SH   SOLE   0 0 144,476
BP PLC COM 055622104 3,326 73,768 SH   SOLE   0 0 73,768
Banco LatinoAmericano COM P16994132 14,773 621,497 SH   SOLE   0 0 621,497
BankAmerica Corp. COM 060505104 1,252 40,559 SH   SOLE   0 0 40,559
Berkshire Hathaway 'A' COM 084670108 1,508 5 SH   SOLE   0 0 5
Berkshire Hathaway 'B' COM 084670702 102,528 518,156 SH   SOLE   0 0 518,156
Boeing Co. COM 097023105 843 2,366 SH   SOLE   0 0 2,366
Bristol Myers Squibb COM 110122108 2,664 45,341 SH   SOLE   0 0 45,341
Brookdale Sr Living Inc COM 112463104 9,157 954,885 SH   SOLE   0 0 954,885
Brookfield Pptys Part COM G16249107 386 19,000 SH   SOLE   0 0 19,000
CA Inc COM 12673p105 373 8,445 SH   SOLE   0 0 8,445
CSX Corp. COM 126408103 221 3,125 SH   SOLE   0 0 3,125
CVS Health Corp. COM 126650100 3,096 47,727 SH   SOLE   0 0 47,727
Cable One Inc COM 12685j105 1,544 2,133 SH   SOLE   0 0 2,133
Cars.com Inc. COM 14575E105 3,415 120,381 SH   SOLE   0 0 120,381
Caterpillar Inc. COM 149123101 8,696 60,473 SH   SOLE   0 0 60,473
Celgene Corp. COM 151020104 1,791 19,880 SH   SOLE   0 0 19,880
CenturyLink Inc. COM 156700106 21,112 1,124,751 SH   SOLE   0 0 1,124,751
Chevron Corp. COM 166764100 2,237 17,719 SH   SOLE   0 0 17,719
Cisco Systems Inc. COM 17275R102 5,947 140,616 SH   SOLE   0 0 140,616
Citigroup Inc. COM 172967424 213 2,967 SH   SOLE   0 0 2,967
Coca Cola Co. COM 191216100 2,855 61,221 SH   SOLE   0 0 61,221
Colgate Palmolive Co. COM 194162103 203 3,031 SH   SOLE   0 0 3,031
Comcast Corp. - Class A COM 20030n101 5,744 160,528 SH   SOLE   0 0 160,528
ConocoPhillips COM 20825c104 359 4,978 SH   SOLE   0 0 4,978
CoreCivic, Inc. COM 21871N101 31,391 1,224,292 SH   SOLE   0 0 1,224,292
DXC Technology Co. COM 23355l106 4,158 49,067 SH   SOLE   0 0 49,067
Danaher Corp. COM 235851102 420 4,092 SH   SOLE   0 0 4,092
Darden Restaurants, Inc. COM 237194105 689 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 8,023 147,425 SH   SOLE   0 0 147,425
Dentsply Sirona Inc. COM 24906P109 1,325 27,544 SH   SOLE   0 0 27,544
Diageo PLC COM 25243Q205 3,779 25,658 SH   SOLE   0 0 25,658
Discovery Communications Inc. COM 25470F302 566 23,062 SH   SOLE   0 0 23,062
Dominion Resources, Inc. COM 25746u109 2,118 29,530 SH   SOLE   0 0 29,530
DowDuPont, Inc. COM 26078J100 420 6,112 SH   SOLE   0 0 6,112
Duke Energy Corp. COM 26441c204 3,659 44,830 SH   SOLE   0 0 44,830
Equity Commonwealth COM 294628102 10,876 337,350 SH   SOLE   0 0 337,350
Express Scripts, Inc. COM 30219g108 1,287 16,202 SH   SOLE   0 0 16,202
Exxon Mobil Corp. COM 30231G102 14,206 174,289 SH   SOLE   0 0 174,289
Facebook, Inc. COM 30303m102 319 1,847 SH   SOLE   0 0 1,847
Fairfax Financial Hld COM 303901102 81,664 144,471 SH   SOLE   0 0 144,471
FedEx Corp. COM 31428X106 13,496 54,892 SH   SOLE   0 0 54,892
First Data Corp. COM 32008D106 884 38,000 SH   SOLE   0 0 38,000
Gannett Co. Inc. COM 36473H104 1,728 163,480 SH   SOLE   0 0 163,480
General Electric Co. COM 369604103 1,937 142,113 SH   SOLE   0 0 142,113
General Mills Inc. COM 370334104 1,040 22,590 SH   SOLE   0 0 22,590
Goldman Sachs Group COM 38141g104 2,819 11,873 SH   SOLE   0 0 11,873
Graham Holdings Co COM 384637104 1,248 2,233 SH   SOLE   0 0 2,233
HCA Healthcare, Inc. COM 40412C101 66,582 535,955 SH   SOLE   0 0 535,955
HCP Inc COM 40414L109 2,190 84,550 SH   SOLE   0 0 84,550
HP Inc. COM 40434l105 277 11,995 SH   SOLE   0 0 11,995
Halliburton Inc. COM 406216101 9,634 227,107 SH   SOLE   0 0 227,107
HealthStream Inc. COM 42222n103 382 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 185 11,995 SH   SOLE   0 0 11,995
Home Depot Inc. COM 437076102 10,755 54,448 SH   SOLE   0 0 54,448
Honeywell Intl. COM 438516106 3,529 22,102 SH   SOLE   0 0 22,102
Intel Corp. COM 458140100 11,432 237,676 SH   SOLE   0 0 237,676
International Business Machine COM 459200101 3,376 23,294 SH   SOLE   0 0 23,294
J M Smucker Company COM 832696405 834 7,502 SH   SOLE   0 0 7,502
J. P. Morgan Chase & Co. Inc. COM 46625h100 2,075 18,048 SH   SOLE   0 0 18,048
Jefferies Financial Group, Inc COM 47233W109 5,472 225,651 SH   SOLE   0 0 225,651
Johnson & Johnson COM 478160104 13,597 102,603 SH   SOLE   0 0 102,603
KKR & Company LP COM 48248M102 657 24,000 SH   SOLE   0 0 24,000
Kimberly-Clark Corp. COM 494368103 297 2,608 SH   SOLE   0 0 2,608
Kraft Heinz Company COM 500754106 2,357 39,118 SH   SOLE   0 0 39,118
L3 Technologies, Inc. COM 502413107 661 3,083 SH   SOLE   0 0 3,083
Liberty Media Corp. Ser C Siri COM 531229607 202 4,274 SH   SOLE   0 0 4,274
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 17,037 335,515 SH   SOLE   0 0 335,515
Lowes Companies COM 548661107 12,322 124,043 SH   SOLE   0 0 124,043
Marathon Petroleum Corp. COM 56585a102 311 3,843 SH   SOLE   0 0 3,843
McCormick COM 579780206 262 2,229 SH   SOLE   0 0 2,229
McDonalds Corp. COM 580135101 3,906 24,796 SH   SOLE   0 0 24,796
Medtronic PLC COM G5960L103 5,483 60,765 SH   SOLE   0 0 60,765
Merck & Company Inc. COM 58933y105 7,246 109,998 SH   SOLE   0 0 109,998
Microsoft Corp. COM 594918104 11,860 111,803 SH   SOLE   0 0 111,803
Mondelez Int'l Inc COM 609207105 15,156 349,388 SH   SOLE   0 0 349,388
Morgan Stanley COM 617446448 437 8,650 SH   SOLE   0 0 8,650
National Health Invstrs COM 63633d104 11,256 150,406 SH   SOLE   0 0 150,406
Nestle SA Sponsored Reg COM 641069406 251 3,080 SH   SOLE   0 0 3,080
NextEra Energy, Inc. COM 65339f101 326 1,948 SH   SOLE   0 0 1,948
Nike COM 654106103 440 5,727 SH   SOLE   0 0 5,727
Norfolk Southern Corp. COM 655844108 387 2,292 SH   SOLE   0 0 2,292
Northwest Biotherapeutics, Inc COM 66737P600 4 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 769 9,164 SH   SOLE   0 0 9,164
Nvidia Corp COM 67066G104 362 1,477 SH   SOLE   0 0 1,477
Oracle COM 68389x105 3,774 79,145 SH   SOLE   0 0 79,145
Overstock COM 690370101 17,608 493,900 SH   SOLE   0 0 493,900
Owens Corning COM 690742101 936 15,038 SH   SOLE   0 0 15,038
Owens Illinois Inc New COM 690768403 10,809 578,646 SH   SOLE   0 0 578,646
Pan American Silver COM 697900108 165 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 12,444 682,594 SH   SOLE   0 0 682,594
PepsiCo Inc. COM 713448108 2,447 21,281 SH   SOLE   0 0 21,281
Perspecta, Inc. COM 715347100 328 15,116 SH   SOLE   0 0 15,116
Pfizer Inc. COM 717081103 6,728 168,506 SH   SOLE   0 0 168,506
Philip Morris Intl COM 718172109 7,161 82,974 SH   SOLE   0 0 82,974
Phillips 66 COM 718546104 1,587 12,864 SH   SOLE   0 0 12,864
Pico Holdings COM 693366205 405 33,500 SH   SOLE   0 0 33,500
Pinnacle Financial Partners COM 72346q104 10,628 170,048 SH   SOLE   0 0 170,048
Procter & Gamble Co. COM 742718109 12,059 149,094 SH   SOLE   0 0 149,094
Raytheon Co. COM 755111507 265 1,339 SH   SOLE   0 0 1,339
Regions Financial Corp. COM 7591ep100 1,837 98,690 SH   SOLE   0 0 98,690
Republic Services Inc. COM 760759100 7,520 103,751 SH   SOLE   0 0 103,751
Roche Holdings COM 771195104 945 30,807 SH   SOLE   0 0 30,807
Royal Dutch Shell Cl B COM 780259107 1,409 19,833 SH   SOLE   0 0 19,833
S & P 500 Index Depository Rec COM 78462F103 984 3,499 SH   SOLE   0 0 3,499
Schlumberger Ltd. COM 806857108 7,888 116,824 SH   SOLE   0 0 116,824
Select Basic Materials Sector COM 81369y100 1,624 27,186 SH   SOLE   0 0 27,186
Seritage Growth Ppt COM 81752R100 9,312 220,100 SH   SOLE   0 0 220,100
Southwest Airlines Co. COM 844741108 5,049 86,809 SH   SOLE   0 0 86,809
Starbucks Corp. COM 855244109 3,258 62,189 SH   SOLE   0 0 62,189
Stryker COM 863667101 323 1,976 SH   SOLE   0 0 1,976
SunCoke Energy COM 86722A103 285 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 2,723 37,787 SH   SOLE   0 0 37,787
Sysco Corp. COM 871829107 10,298 153,224 SH   SOLE   0 0 153,224
TE Connectivity Ltd COM H84989104 326 3,482 SH   SOLE   0 0 3,482
TEGNA, Inc. COM 87901j105 5,781 524,095 SH   SOLE   0 0 524,095
TJX Companies, Inc. COM 872540109 955 9,819 SH   SOLE   0 0 9,819
Tapestry, Inc. COM 876030107 4,071 86,405 SH   SOLE   0 0 86,405
Tejon Ranch Co. COM 879080109 1,111 47,500 SH   SOLE   0 0 47,500
Total System Services COM 891906109 229 2,500 SH   SOLE   0 0 2,500
Travelers Inc. COM 89417e109 1,944 14,939 SH   SOLE   0 0 14,939
Twenty-First Cent Fox Inc. Cl COM 90130A101 3,922 87,158 SH   SOLE   0 0 87,158
Twenty-First Cent Fox Inc. Cl COM 90130A200 4,345 97,810 SH   SOLE   0 0 97,810
US Bancorp COM 902973304 657 12,398 SH   SOLE   0 0 12,398
Union Pacific Corp. COM 907818108 283 1,888 SH   SOLE   0 0 1,888
United Parcel Svc. Cl B COM 911312106 5,725 47,754 SH   SOLE   0 0 47,754
United Rentals, Inc. COM 911363109 4,242 28,507 SH   SOLE   0 0 28,507
United Technologies COM 913017109 13,190 97,168 SH   SOLE   0 0 97,168
Valero Energy Corp. COM 91913y100 2,136 18,046 SH   SOLE   0 0 18,046
Vanguard Emerging Markets ETF COM 922042858 2,816 64,168 SH   SOLE   0 0 64,168
Vanguard Large-Cap Exchanged T COM 922908637 993 7,680 SH   SOLE   0 0 7,680
Vanguard Mid-Cap Exchange Trad COM 922908629 524 3,240 SH   SOLE   0 0 3,240
Vanguard REIT ETF COM 922908553 1,233 15,042 SH   SOLE   0 0 15,042
Vanguard Small-Cap VIPERs COM 922908751 744 4,694 SH   SOLE   0 0 4,694
Verizon Comm. COM 92343v104 2,811 54,431 SH   SOLE   0 0 54,431
Vodafone Group PLC ADS COM 92857w308 445 18,144 SH   SOLE   0 0 18,144
Vulcan Materials COM 929160109 1,420 12,675 SH   SOLE   0 0 12,675
Wal-Mart Stores Inc. COM 931142103 8,159 91,441 SH   SOLE   0 0 91,441
Walgreens Boots Alliance, Inc. COM 931427108 242 3,576 SH   SOLE   0 0 3,576
Walt Disney Co. COM 254687106 12,541 110,436 SH   SOLE   0 0 110,436
Wells Fargo & Co. COM 949746101 4,813 84,005 SH   SOLE   0 0 84,005
White Mountain Ins COM G9618E107 4,295 4,704 SH   SOLE   0 0 4,704
Zimmer Biomet Holdings, Inc. COM 98956p102 2,297 18,296 SH   SOLE   0 0 18,296
Zoetis, Inc. COM 98978v103 5,051 58,402 SH   SOLE   0 0 58,402
iShares DJ Select Dividend Ind COM 464287168 433 4,330 SH   SOLE   0 0 4,330
iShares FTSE China 25 Index Fu COM 464287184 2,037 46,700 SH   SOLE   0 0 46,700
iShares MSCI EAFE Index Fund COM 464287465 793 11,520 SH   SOLE   0 0 11,520
iShares MSCI Emerging Markets COM 464287234 1,127 25,130 SH   SOLE   0 0 25,130
iShares MSCI Pacific Rim COM 464286665 1,047 22,336 SH   SOLE   0 0 22,336
iShares MidCap 400 COM 464287507 330 1,665 SH   SOLE   0 0 1,665
iShares Russell 1000 Index ETF COM 464287622 997 6,370 SH   SOLE   0 0 6,370
iShares Russell Mid-Cap Index COM 464287499 441 2,038 SH   SOLE   0 0 2,038
iShares Russell Value Index COM 464287598 1,147 9,151 SH   SOLE   0 0 9,151
iShares S&P 500 Core Index ETF COM 464287200 412 1,456 SH   SOLE   0 0 1,456
iShares S&P SmallCap 600 Index COM 464287804 3,910 45,380 SH   SOLE   0 0 45,380
iShares TR Russell 1000 Growth COM 464287614 1,396 9,462 SH   SOLE   0 0 9,462