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 2,159 11,332 SH   SOLE   0 0 11,332
ADT, Inc. COM 00090Q103 1,536 255,575 SH   SOLE   0 0 255,575
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 5,127 179,657 SH   SOLE   0 0 179,657
AbbVie, Inc. COM 00287y109 1,262 13,686 SH   SOLE   0 0 13,686
Abbott Laboratories COM 002824100 4,117 56,923 SH   SOLE   0 0 56,923
Accenture Ltd COM g1151c101 23,483 166,533 SH   SOLE   0 0 166,533
Agnico Eagle Mines Ltd. COM 008474108 6,941 171,800 SH   SOLE   0 0 171,800
AllState Corp. COM 020002101 646 7,815 SH   SOLE   0 0 7,815
Alphabet Inc. Class A COM 02079k305 740 708 SH   SOLE   0 0 708
Alphabet Inc. Class C COM 02079k107 9,242 8,924 SH   SOLE   0 0 8,924
Altria Group, Inc. COM 02209s103 2,541 51,444 SH   SOLE   0 0 51,444
Amazon.com COM 023135106 13,432 8,943 SH   SOLE   0 0 8,943
American Airlines Grp COM 02376R102 1,265 39,393 SH   SOLE   0 0 39,393
American Express Co. COM 025816109 694 7,278 SH   SOLE   0 0 7,278
American Int'l Group COM 026874784 825 20,926 SH   SOLE   0 0 20,926
Amgen Inc. COM 031162100 6,966 35,785 SH   SOLE   0 0 35,785
Apache Corp. COM 037411105 1,969 75,002 SH   SOLE   0 0 75,002
Apple Computer COM 037833100 21,558 136,665 SH   SOLE   0 0 136,665
BP PLC COM 055622104 2,795 73,718 SH   SOLE   0 0 73,718
Banco LatinoAmericano COM P16994132 10,377 599,816 SH   SOLE   0 0 599,816
BankAmerica Corp. COM 060505104 918 37,251 SH   SOLE   0 0 37,251
Berkshire Hathaway 'A' COM 084670108 1,224 4 SH   SOLE   0 0 4
Berkshire Hathaway 'B' COM 084670702 102,770 503,328 SH   SOLE   0 0 503,328
Boeing Co. COM 097023105 715 2,216 SH   SOLE   0 0 2,216
Bristol Myers Squibb COM 110122108 2,329 44,813 SH   SOLE   0 0 44,813
Brookdale Sr Living Inc COM 112463104 5,512 822,623 SH   SOLE   0 0 822,623
Brookfield Asset Management COM 112585104 5,814 151,600 SH   SOLE   0 0 151,600
Brookfield Pptys Part COM G16249107 161 10,000 SH   SOLE   0 0 10,000
CIGNA Corp. COM 125509109 736 3,878 SH   SOLE   0 0 3,878
CVS Health Corp. COM 126650100 2,953 45,077 SH   SOLE   0 0 45,077
Cable One Inc COM 12685j105 1,749 2,133 SH   SOLE   0 0 2,133
Cars.com Inc. COM 14575E105 2,332 108,483 SH   SOLE   0 0 108,483
Caterpillar Inc. COM 149123101 7,976 62,768 SH   SOLE   0 0 62,768
Celgene Corp. COM 151020104 1,210 18,880 SH   SOLE   0 0 18,880
CenturyLink Inc. COM 156700106 17,657 1,165,452 SH   SOLE   0 0 1,165,452
Chevron Corp. COM 166764100 1,999 18,373 SH   SOLE   0 0 18,373
Cisco Systems Inc. COM 17275R102 5,970 137,775 SH   SOLE   0 0 137,775
Coca Cola Co. COM 191216100 2,872 60,664 SH   SOLE   0 0 60,664
Comcast Corp. - Class A COM 20030n101 5,534 162,517 SH   SOLE   0 0 162,517
ConocoPhillips COM 20825c104 310 4,978 SH   SOLE   0 0 4,978
CoreCivic, Inc. COM 21871N101 21,407 1,200,620 SH   SOLE   0 0 1,200,620
DXC Technology Co. COM 23355l106 2,909 54,706 SH   SOLE   0 0 54,706
Danaher Corp. COM 235851102 425 4,117 SH   SOLE   0 0 4,117
Darden Restaurants, Inc. COM 237194105 593 5,940 SH   SOLE   0 0 5,940
Delta Airlines Inc. COM 247361702 7,342 147,144 SH   SOLE   0 0 147,144
Diageo PLC COM 25243Q205 3,741 26,380 SH   SOLE   0 0 26,380
Discovery Communications Inc. COM 25470F302 571 24,744 SH   SOLE   0 0 24,744
Dominion Resources, Inc. COM 25746u109 2,119 29,653 SH   SOLE   0 0 29,653
DowDuPont, Inc. COM 26078J100 324 6,061 SH   SOLE   0 0 6,061
Duke Energy Corp. COM 26441c204 3,736 43,291 SH   SOLE   0 0 43,291
Equity Commonwealth COM 294628102 10,298 343,165 SH   SOLE   0 0 343,165
Exxon Mobil Corp. COM 30231G102 11,883 174,260 SH   SOLE   0 0 174,260
Facebook, Inc. COM 30303m102 538 4,102 SH   SOLE   0 0 4,102
Fairfax Financial Hld COM 303901102 63,080 143,337 SH   SOLE   0 0 143,337
FedEx Corp. COM 31428X106 8,716 54,024 SH   SOLE   0 0 54,024
First Data Corp. COM 32008D106 632 37,400 SH   SOLE   0 0 37,400
Gannett Co. Inc. COM 36473H104 1,259 147,575 SH   SOLE   0 0 147,575
General Electric Co. COM 369604103 886 117,074 SH   SOLE   0 0 117,074
General Mills Inc. COM 370334104 891 22,890 SH   SOLE   0 0 22,890
Goldman Sachs Group COM 38141g104 3,004 17,984 SH   SOLE   0 0 17,984
Graham Holdings Co COM 384637104 1,430 2,233 SH   SOLE   0 0 2,233
HCA Healthcare, Inc. COM 40412C101 63,850 513,056 SH   SOLE   0 0 513,056
HCP Inc COM 40414L109 2,340 83,788 SH   SOLE   0 0 83,788
HP Inc. COM 40434l105 278 13,600 SH   SOLE   0 0 13,600
Halliburton Inc. COM 406216101 5,792 217,902 SH   SOLE   0 0 217,902
HealthStream Inc. COM 42222n103 328 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 157 11,900 SH   SOLE   0 0 11,900
Home Depot Inc. COM 437076102 9,189 53,478 SH   SOLE   0 0 53,478
Honeywell Intl. COM 438516106 3,388 25,642 SH   SOLE   0 0 25,642
Intel Corp. COM 458140100 11,704 249,387 SH   SOLE   0 0 249,387
International Business Machine COM 459200101 2,508 22,062 SH   SOLE   0 0 22,062
J M Smucker Company COM 832696405 736 7,877 SH   SOLE   0 0 7,877
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,743 17,850 SH   SOLE   0 0 17,850
Jefferies Financial Group, Inc COM 47233W109 4,533 261,108 SH   SOLE   0 0 261,108
Johnson & Johnson COM 478160104 13,096 101,478 SH   SOLE   0 0 101,478
Johnson Controls International COM g51502105 200 6,748 SH   SOLE   0 0 6,748
KKR & Co., Inc. Cl A COM 48251w104 444 22,600 SH   SOLE   0 0 22,600
Kimberly-Clark Corp. COM 494368103 245 2,148 SH   SOLE   0 0 2,148
Kraft Heinz Company COM 500754106 2,206 51,262 SH   SOLE   0 0 51,262
L3 Technologies, Inc. COM 502413107 535 3,083 SH   SOLE   0 0 3,083
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 14,888 327,054 SH   SOLE   0 0 327,054
Lowes Companies COM 548661107 11,363 123,027 SH   SOLE   0 0 123,027
Marathon Petroleum Corp. COM 56585a102 242 4,100 SH   SOLE   0 0 4,100
McCormick COM 579780206 840 6,035 SH   SOLE   0 0 6,035
McDonalds Corp. COM 580135101 4,315 24,299 SH   SOLE   0 0 24,299
Medtronic PLC COM G5960L103 5,489 60,347 SH   SOLE   0 0 60,347
Merck & Company Inc. COM 58933y105 8,270 108,232 SH   SOLE   0 0 108,232
Microsoft Corp. COM 594918104 11,286 111,117 SH   SOLE   0 0 111,117
Mondelez Int'l Inc COM 609207105 13,421 335,263 SH   SOLE   0 0 335,263
Morgan Stanley COM 617446448 300 7,555 SH   SOLE   0 0 7,555
National Health Invstrs COM 63633d104 10,967 145,182 SH   SOLE   0 0 145,182
National Healthcare COM 635906100 290 3,698 SH   SOLE   0 0 3,698
Nestle SA Sponsored Reg COM 641069406 249 3,080 SH   SOLE   0 0 3,080
NextEra Energy, Inc. COM 65339f101 358 2,062 SH   SOLE   0 0 2,062
Nike COM 654106103 376 5,071 SH   SOLE   0 0 5,071
Norfolk Southern Corp. COM 655844108 353 2,362 SH   SOLE   0 0 2,362
Northwest Biotherapeutics, Inc COM 66737P600 4 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 874 10,186 SH   SOLE   0 0 10,186
Nvidia Corp COM 67066G104 210 1,573 SH   SOLE   0 0 1,573
Oracle COM 68389x105 2,493 55,218 SH   SOLE   0 0 55,218
Overstock COM 690370101 6,839 503,645 SH   SOLE   0 0 503,645
Owens Corning COM 690742101 1,837 41,766 SH   SOLE   0 0 41,766
Owens Illinois Inc New COM 690768403 8,013 464,768 SH   SOLE   0 0 464,768
Pan American Silver COM 697900108 146 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 8,859 613,911 SH   SOLE   0 0 613,911
PepsiCo Inc. COM 713448108 2,450 22,174 SH   SOLE   0 0 22,174
Perspecta, Inc. COM 715347100 224 12,990 SH   SOLE   0 0 12,990
Pfizer Inc. COM 717081103 7,237 165,807 SH   SOLE   0 0 165,807
Philip Morris Intl COM 718172109 5,549 83,115 SH   SOLE   0 0 83,115
Phillips 66 COM 718546104 1,117 12,966 SH   SOLE   0 0 12,966
Pico Holdings COM 693366205 306 33,500 SH   SOLE   0 0 33,500
Pinnacle Financial Partners COM 72346q104 7,250 157,266 SH   SOLE   0 0 157,266
Procter & Gamble Co. COM 742718109 13,421 146,002 SH   SOLE   0 0 146,002
Regions Financial Corp. COM 7591ep100 1,223 91,417 SH   SOLE   0 0 91,417
Republic Services Inc. COM 760759100 7,059 97,925 SH   SOLE   0 0 97,925
Roche Holdings COM 771195104 777 24,997 SH   SOLE   0 0 24,997
Royal Dutch Shell Cl B COM 780259107 822 13,708 SH   SOLE   0 0 13,708
S & P 500 Index Depository Rec COM 78462F103 948 3,792 SH   SOLE   0 0 3,792
SPDR Utilities Select COM 81369Y886 1,074 20,291 SH   SOLE   0 0 20,291
Schlumberger Ltd. COM 806857108 4,654 128,987 SH   SOLE   0 0 128,987
Select Basic Materials Sector COM 81369y100 1,372 27,154 SH   SOLE   0 0 27,154
Seritage Growth Ppt COM 81752R100 6,524 201,782 SH   SOLE   0 0 201,782
Southwest Airlines Co. COM 844741108 4,005 86,168 SH   SOLE   0 0 86,168
Starbucks Corp. COM 855244109 3,538 54,943 SH   SOLE   0 0 54,943
Stryker COM 863667101 294 1,876 SH   SOLE   0 0 1,876
SunCoke Energy COM 86722A103 214 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 1,984 39,325 SH   SOLE   0 0 39,325
Sysco Corp. COM 871829107 9,232 147,335 SH   SOLE   0 0 147,335
TE Connectivity Ltd COM H84989104 263 3,482 SH   SOLE   0 0 3,482
TEGNA, Inc. COM 87901j105 5,138 472,686 SH   SOLE   0 0 472,686
TJX Companies, Inc. COM 872540109 834 18,643 SH   SOLE   0 0 18,643
Tapestry, Inc. COM 876030107 2,215 65,630 SH   SOLE   0 0 65,630
Tejon Ranch Co. COM 879080109 705 42,500 SH   SOLE   0 0 42,500
Total System Services COM 891906109 203 2,500 SH   SOLE   0 0 2,500
Travelers Inc. COM 89417e109 1,501 12,533 SH   SOLE   0 0 12,533
Twenty-First Cent Fox Inc. Cl COM 90130A101 3,842 79,848 SH   SOLE   0 0 79,848
Twenty-First Cent Fox Inc. Cl COM 90130A200 4,461 93,370 SH   SOLE   0 0 93,370
US Bancorp COM 902973304 546 11,948 SH   SOLE   0 0 11,948
Union Pacific Corp. COM 907818108 228 1,651 SH   SOLE   0 0 1,651
United Parcel Svc. Cl B COM 911312106 4,639 47,562 SH   SOLE   0 0 47,562
United Rentals, Inc. COM 911363109 3,394 33,102 SH   SOLE   0 0 33,102
United Technologies COM 913017109 10,245 96,215 SH   SOLE   0 0 96,215
Valero Energy Corp. COM 91913y100 1,303 17,377 SH   SOLE   0 0 17,377
Vanguard Emerging Markets ETF COM 922042858 2,365 62,071 SH   SOLE   0 0 62,071
Vanguard Large-Cap Exchanged T COM 922908637 823 7,165 SH   SOLE   0 0 7,165
Vanguard Mid-Cap Exchange Trad COM 922908629 445 3,220 SH   SOLE   0 0 3,220
Vanguard REIT ETF COM 922908553 1,715 23,002 SH   SOLE   0 0 23,002
Vanguard Small-Cap VIPERs COM 922908751 591 4,474 SH   SOLE   0 0 4,474
Verizon Comm. COM 92343v104 2,677 47,610 SH   SOLE   0 0 47,610
Visa Inc COM 92826C839 549 4,163 SH   SOLE   0 0 4,163
Vodafone Group PLC ADS COM 92857w308 315 16,358 SH   SOLE   0 0 16,358
Vulcan Materials COM 929160109 1,252 12,675 SH   SOLE   0 0 12,675
Wal-Mart Stores Inc. COM 931142103 8,356 89,708 SH   SOLE   0 0 89,708
Walgreens Boots Alliance, Inc. COM 931427108 523 7,651 SH   SOLE   0 0 7,651
Walt Disney Co. COM 254687106 11,976 109,224 SH   SOLE   0 0 109,224
Wells Fargo & Co. COM 949746101 4,721 102,461 SH   SOLE   0 0 102,461
White Mountain Ins COM G9618E107 3,935 4,588 SH   SOLE   0 0 4,588
Zimmer Biomet Holdings, Inc. COM 98956p102 1,984 19,128 SH   SOLE   0 0 19,128
Zoetis, Inc. COM 98978v103 4,727 55,262 SH   SOLE   0 0 55,262
iShares DJ Select Dividend Ind COM 464287168 373 4,175 SH   SOLE   0 0 4,175
iShares FTSE China 25 Index Fu COM 464287184 1,807 46,250 SH   SOLE   0 0 46,250
iShares MSCI EAFE Index Fund COM 464287465 720 12,251 SH   SOLE   0 0 12,251
iShares MSCI Emerging Markets COM 464287234 898 22,990 SH   SOLE   0 0 22,990
iShares MSCI Pacific Rim COM 464286665 879 21,598 SH   SOLE   0 0 21,598
iShares MidCap 400 COM 464287507 303 1,827 SH   SOLE   0 0 1,827
iShares Russell 1000 Index ETF COM 464287622 812 5,855 SH   SOLE   0 0 5,855
iShares Russell Mid-Cap Index COM 464287499 468 10,060 SH   SOLE   0 0 10,060
iShares Russell Value Index COM 464287598 1,016 9,151 SH   SOLE   0 0 9,151
iShares S&P 500 Core Index ETF COM 464287200 382 1,520 SH   SOLE   0 0 1,520
iShares S&P SmallCap 600 Index COM 464287804 3,224 46,504 SH   SOLE   0 0 46,504
iShares TR Russell 1000 Growth COM 464287614 1,225 9,357 SH   SOLE   0 0 9,357