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 1,162 6,634 SH   SOLE   6,634 0 0
ALPS Sector Dividend Dogs COM 00162Q858 712 17,858 SH   SOLE   17,858 0 0
AT&T Inc. COM 00206R102 9,160 211,994 SH   SOLE   211,994 0 0
AbbVie Inc. COM 00287Y109 6,953 112,314 SH   SOLE   112,314 0 0
Abbott Laboratories COM 002824100 991 25,206 SH   SOLE   25,206 0 0
Alibaba Group Holdings COM 01609W102 816 10,258 SH   SOLE   10,258 0 0
Alphabet Inc. COM 02079K107 332 480 SH   SOLE   480 0 0
Alphabet Inc. Cl A COM 02079K305 1,773 2,520 SH   SOLE   2,520 0 0
Altria Group Inc COM 02209S103 897 13,006 SH   SOLE   13,006 0 0
Amazon.com Inc. COM 023135106 2,557 3,573 SH   SOLE   3,573 0 0
American Electric Power COM 025537101 451 6,431 SH   SOLE   6,431 0 0
American Express Co. COM 025816109 1,910 31,435 SH   SOLE   31,435 0 0
American Intl Group COM 026874784 661 12,502 SH   SOLE   12,502 0 0
American Tower COM 03027x100 2,296 20,207 SH   SOLE   20,207 0 0
Amgen Inc. COM 031162100 740 4,864 SH   SOLE   4,864 0 0
Annaly Capital Mgmt. COM 035710409 603 54,435 SH   SOLE   54,435 0 0
Anthem COM 036752103 437 3,324 SH   SOLE   3,324 0 0
Apple Inc. COM 037833100 12,682 132,661 SH   SOLE   132,661 0 0
Ares Capital Corp COM 04010L103 1,587 111,747 SH   SOLE   111,747 0 0
BB&T Corp COM 054937107 3,284 92,233 SH   SOLE   92,233 0 0
Bank of America COM 060505104 4,901 369,366 SH   SOLE   369,366 0 0
Bank of the James COM 470299108 1,266 103,334 SH   SOLE   103,334 0 0
Becton Dickinson COM 075887109 7,805 46,021 SH   SOLE   46,021 0 0
Berkshire Hath. Cl B COM 084670702 2,479 17,119 SH   SOLE   17,119 0 0
Berkshire Hathaway 1/100 of br COM 084990175 217 100 SH   SOLE   100 0 0
Berkshire Hathaway =1 sh COM 084670108 651 3 SH   SOLE   3 0 0
Boeing Company COM 097023105 3,763 28,979 SH   SOLE   28,979 0 0
Bristol-Myers Squibb COM 110122108 3,415 46,431 SH   SOLE   46,431 0 0
C V Sciences COM 126654102 4 10,000 SH   SOLE   10,000 0 0
CSX Corporation COM 126408103 221 8,486 SH   SOLE   8,486 0 0
CVS Health COM 126650100 9,507 99,305 SH   SOLE   99,305 0 0
Caterpillar Inc COM 149123101 2,112 27,860 SH   SOLE   27,860 0 0
Celgene Corp. COM 151020104 768 7,785 SH   SOLE   7,785 0 0
CenturyLink Inc. COM 156700106 1,587 54,704 SH   SOLE   54,704 0 0
Check Point Software Tech. Ltd COM M22465104 1,315 16,500 SH   SOLE   16,500 0 0
Chevron Corp COM 166764100 3,448 32,890 SH   SOLE   32,890 0 0
Cisco Systems Inc. COM 17275R102 3,643 126,987 SH   SOLE   126,987 0 0
Citigroup, Inc. COM 172967424 962 22,700 SH   SOLE   22,700 0 0
Clorox Company COM 189054109 288 2,079 SH   SOLE   2,079 0 0
Coca-Cola Company COM 191216100 1,729 38,150 SH   SOLE   38,150 0 0
Cognizant Tech Solutions COM 192446102 4,545 79,401 SH   SOLE   79,401 0 0
Comcast Cl A COM 20030N101 246 3,772 SH   SOLE   3,772 0 0
Continental Resources, Inc. COM 212015101 568 12,555 SH   SOLE   12,555 0 0
Costco Wholesale COM 22160K105 719 4,577 SH   SOLE   4,577 0 0
DJ International REIT ETF COM 78463X863 1,556 37,550 SH   SOLE   37,550 0 0
DaVita Inc. COM 23918K108 1,463 18,927 SH   SOLE   18,927 0 0
Digital Realty Trust COM 253868103 4,426 40,609 SH   SOLE   40,609 0 0
Dominion Resources Inc. COM 25746U109 1,633 20,956 SH   SOLE   20,956 0 0
Dow Chemical COM 260543103 3,352 67,435 SH   SOLE   67,435 0 0
DuPont de Nemours COM 263534109 247 3,804 SH   SOLE   3,804 0 0
Duke Energy Corp COM 26441C204 3,448 40,188 SH   SOLE   40,188 0 0
EMC Corporation COM 268648102 723 26,608 SH   SOLE   26,608 0 0
EOG Resources Inc COM 26875P101 232 2,780 SH   SOLE   2,780 0 0
EQT Corporation COM 26884L109 1,766 22,805 SH   SOLE   22,805 0 0
Emerson Electric Co. COM 291011104 1,922 36,856 SH   SOLE   36,856 0 0
Express Scripts Hldg COM 30219g108 5,249 69,251 SH   SOLE   69,251 0 0
Exxon Mobil Corp COM 30231G102 8,915 95,101 SH   SOLE   95,101 0 0
Facebook COM 30303M102 4,920 43,056 SH   SOLE   43,056 0 0
Fauquier Bankshares COM 312059108 174 11,984 SH   SOLE   11,984 0 0
FedEx Corp COM 31428X106 225 1,483 SH   SOLE   1,483 0 0
Five Below Inc. COM 33829M101 253 5,455 SH   SOLE   5,455 0 0
Ford Motor Company COM 345370860 2,544 202,359 SH   SOLE   202,359 0 0
General Electric Co COM 369604103 10,260 325,907 SH   SOLE   325,907 0 0
General Mills Inc. COM 370334104 365 5,114 SH   SOLE   5,114 0 0
Genworth Financial COM 37247D106 74 28,871 SH   SOLE   28,871 0 0
Halliburton Company COM 406216101 1,137 25,107 SH   SOLE   25,107 0 0
Home Depot Inc. COM 437076102 1,176 9,213 SH   SOLE   9,213 0 0
Honeywell Intl Inc COM 438516106 459 3,942 SH   SOLE   3,942 0 0
Huntington Bkshs COM 446150104 714 79,873 SH   SOLE   79,873 0 0
IBM Corp COM 459200101 2,900 19,105 SH   SOLE   19,105 0 0
IPackets International COM 46262T102 0 20,000 SH   SOLE   20,000 0 0
Intel Corporation COM 458140100 5,540 168,914 SH   SOLE   168,914 0 0
InvenSense, Inc. COM 46123D205 64 10,485 SH   SOLE   10,485 0 0
JPMorgan Chase COM 46625H100 6,518 104,897 SH   SOLE   104,897 0 0
Johnson & Johnson COM 478160104 6,039 49,785 SH   SOLE   49,785 0 0
Johnson Controls COM 478366107 517 11,681 SH   SOLE   11,681 0 0
Kraft Heinz Co. COM 500754106 1,018 11,506 SH   SOLE   11,506 0 0
Kurrant Mobile Catering COM 501294102 0 20,000 SH   SOLE   20,000 0 0
Lowes Co., Inc. COM 548661107 4,477 56,548 SH   SOLE   56,548 0 0
Marathon Oil Corp COM 565849106 317 21,126 SH   SOLE   21,126 0 0
Markel Corp COM 570535104 454 476 SH   SOLE   476 0 0
McDermott Int'l COM 580037109 71 14,300 SH   SOLE   14,300 0 0
McDonald's Corp. COM 580135101 3,847 31,965 SH   SOLE   31,965 0 0
McKesson Corp COM 58155Q103 5,994 32,111 SH   SOLE   32,111 0 0
Medical Properties Trust COM 58463J304 400 26,300 SH   SOLE   26,300 0 0
Medtronic Inc. COM g5960l103 241 2,775 SH   SOLE   2,775 0 0
Merck & Co. Inc. COM 58933Y105 5,307 92,126 SH   SOLE   92,126 0 0
Microchip Tech. COM 595017104 5,544 109,211 SH   SOLE   109,211 0 0
Microsoft Corp. COM 594918104 6,106 119,336 SH   SOLE   119,336 0 0
Mirant Corp Escrow - DoNotSell COM 604675991 0 21,513 SH   SOLE   21,513 0 0
Mondelez Int'l COM 609207105 2,741 60,237 SH   SOLE   60,237 0 0
Monsanto Co COM 61166W101 427 4,131 SH   SOLE   4,131 0 0
Morgan Stanley COM 617446448 568 21,846 SH   SOLE   21,846 0 0
NXP Semi Conductor COM N6596X109 244 3,116 SH   SOLE   3,116 0 0
National CineMedia COM 635309107 1,030 66,527 SH   SOLE   66,527 0 0
National Fuel Gas Co. COM 636180101 276 4,850 SH   SOLE   4,850 0 0
National Retail Prop. COM 637417106 5,336 103,167 SH   SOLE   103,167 0 0
NextEra Energy, Inc. COM 65339F101 599 4,597 SH   SOLE   4,597 0 0
Nike Inc cl B COM 654106103 3,438 62,286 SH   SOLE   62,286 0 0
Norfolk Southern COM 655844108 1,150 13,505 SH   SOLE   13,505 0 0
Nucor Corporation COM 670346105 1,943 39,331 SH   SOLE   39,331 0 0
Occidental Petroleum COM 674599105 293 3,875 SH   SOLE   3,875 0 0
Oracle Corporation COM 68389X105 1,085 26,515 SH   SOLE   26,515 0 0
Paccar Inc. COM 693718108 623 12,011 SH   SOLE   12,011 0 0
PayPal Holdings, Inc. COM 70450Y103 900 24,640 SH   SOLE   24,640 0 0
PepsiCo, Inc. COM 713448108 7,313 69,030 SH   SOLE   69,030 0 0
Pfizer Inc. COM 717081103 5,740 163,026 SH   SOLE   163,026 0 0
Philip Morris Intl COM 718172109 1,245 12,239 SH   SOLE   12,239 0 0
Pinnacle Bancshares COM 72345E102 213 11,283 SH   SOLE   11,283 0 0
PowerShares Financial Pfd COM 73935X229 347 18,100 SH   SOLE   18,100 0 0
Procter & Gamble COM 742718109 6,335 74,817 SH   SOLE   74,817 0 0
Prospect Capital Corp. COM 74348T102 91 11,700 SH   SOLE   11,700 0 0
Pure Funds ISE Cyber Sec. ETF COM 26924G201 333 13,950 SH   SOLE   13,950 0 0
Qualcomm Inc. COM 747525103 3,699 69,054 SH   SOLE   69,054 0 0
R.R. Donnelley COM 257867101 1,817 107,401 SH   SOLE   107,401 0 0
SPDR Cons Staples COM 81369Y308 586 10,620 SH   SOLE   10,620 0 0
SPDR Cons. Disc. COM 81369Y407 1,101 14,105 SH   SOLE   14,105 0 0
SPDR Energy Sectr COM 81369Y506 1,064 15,591 SH   SOLE   15,591 0 0
SPDR Financial Select COM 81369Y605 553 24,183 SH   SOLE   24,183 0 0
SPDR Health Care Slct COM 81369Y209 799 11,144 SH   SOLE   11,144 0 0
SPDR Industrials Slct COM 81369Y704 447 7,988 SH   SOLE   7,988 0 0
SPDR S&P 500 ETF Trust COM 78462F103 238 1,138 SH   SOLE   1,138 0 0
SPDR S&P Dividend ETF COM 78464A763 4,592 54,718 SH   SOLE   54,718 0 0
SPDR S&P Int'l Small Cap COM 78463X871 902 31,029 SH   SOLE   31,029 0 0
SPDR Select Technology COM 81369Y803 740 17,060 SH   SOLE   17,060 0 0
SPDR Utilities Select COM 81369Y886 407 7,758 SH   SOLE   7,758 0 0
Sandridge Energy COM 80007P307 0 10,000 SH   SOLE   10,000 0 0
Schlumberger Ltd. COM 806857108 4,462 56,430 SH   SOLE   56,430 0 0
Schwab U.S. Broad Market ETF COM 808524102 3,308 65,757 SH   SOLE   65,757 0 0
Schwab U.S. Mid-Cap COM 808524508 288 6,849 SH   SOLE   6,849 0 0
Schwab U.S. Small-Cap ETF COM 808524607 541 10,006 SH   SOLE   10,006 0 0
Schwab US Div. Equity COM 808524797 1,007 24,311 SH   SOLE   24,311 0 0
Schwab US LC Gwth ETF COM 808524300 210 3,993 SH   SOLE   3,993 0 0
Sentry Tech Corp. COM 81731K101 0 10,000 SH   SOLE   10,000 0 0
Sherwin-Williams Co. COM 824348106 382 1,300 SH   SOLE   1,300 0 0
Simon Property Group Inc. COM 828806109 211 972 SH   SOLE   972 0 0
Southern Company COM 842587107 1,089 20,312 SH   SOLE   20,312 0 0
Spectra Energy Corp COM 847560109 6,267 171,080 SH   SOLE   171,080 0 0
Starbucks Corp. COM 855244109 2,279 39,893 SH   SOLE   39,893 0 0
SunTrust Banks, Inc. COM 867914103 776 18,894 SH   SOLE   18,894 0 0
Synchronoss Techn. COM 87157B103 2,422 76,011 SH   SOLE   76,011 0 0
T Rowe Price Grp COM 74144T108 233 3,192 SH   SOLE   3,192 0 0
Target Corporation COM 87612E106 908 13,005 SH   SOLE   13,005 0 0
Telmex Inter DeCvord COM P9043M104 0 40,000 SH   SOLE   40,000 0 0
Thermo Fisher COM 883556102 9,065 61,347 SH   SOLE   61,347 0 0
Triangle Capital COM 895848109 2,021 104,291 SH   SOLE   104,291 0 0
Tyson Foods, Inc. COM 902494103 281 4,200 SH   SOLE   4,200 0 0
U.S. Bancorp COM 902973304 3,010 74,624 SH   SOLE   74,624 0 0
UDR, Inc. COM 902653104 929 25,159 SH   SOLE   25,159 0 0
Union First Market Bankshares COM 90662P104 580 23,469 SH   SOLE   23,469 0 0
United Technologies COM 913017109 3,395 33,104 SH   SOLE   33,104 0 0
Universal Health Realty COM 91359E105 1,055 18,455 SH   SOLE   18,455 0 0
VISA Inc. COM 92826C839 937 12,638 SH   SOLE   12,638 0 0
Vanguard Dividend App. COM 921908844 4,805 57,729 SH   SOLE   57,729 0 0
Vanguard Growth ETF COM 922908736 1,272 11,867 SH   SOLE   11,867 0 0
Vanguard High Dividend Yield COM 921946406 313 4,382 SH   SOLE   4,382 0 0
Vanguard Mid-Cap ETF COM 922908629 1,230 9,950 SH   SOLE   9,950 0 0
Vanguard REIT ETF COM 922908553 4,014 45,268 SH   SOLE   45,268 0 0
Vanguard Total Stock Mkt COM 922908769 1,888 17,623 SH   SOLE   17,623 0 0
Vantage Drilling Company COM G93205113 0 10,000 SH   SOLE   10,000 0 0
Verizon Comm. COM 92343V104 10,308 184,600 SH   SOLE   184,600 0 0
WGL Holdings Inc. COM 92924F106 274 3,873 SH   SOLE   3,873 0 0
Wal-Mart Stores, Inc. COM 931142103 2,504 34,292 SH   SOLE   34,292 0 0
Walt Disney Co COM 254687106 4,686 47,909 SH   SOLE   47,909 0 0
Wells Fargo & Co COM 949746101 3,173 67,031 SH   SOLE   67,031 0 0
db MSCI EAFE Hedged Equity ETF COM 233051200 3,181 127,299 SH   SOLE   127,299 0 0
iShr DJ Select Dividend COM 464287168 843 9,881 SH   SOLE   9,881 0 0
iShr MSCI EAFE COM 464287465 2,079 37,251 SH   SOLE   37,251 0 0
iShr MSCI Emerg Mkts COM 464287234 1,469 42,766 SH   SOLE   42,766 0 0
iShr NASDAQ BioTech COM 464287556 256 995 SH   SOLE   995 0 0
iShr Russell 2000 Index COM 464287655 3,417 29,718 SH   SOLE   29,718 0 0
iShr S&P 500 Index COM 464287200 5,350 25,415 SH   SOLE   25,415 0 0
iShr S&P Midcap 400 COM 464287507 5,136 34,377 SH   SOLE   34,377 0 0
iShr Trust S&P 100 COM 464287101 300 3,232 SH   SOLE   3,232 0 0
salesforce.com Inc. COM 79466L302 242 3,052 SH   SOLE   3,052 0 0
BB&T Pfd. 5.2% PFD 054937800 691 26,670 SH   SOLE   26,670 0 0
BB&T Pfd. 5.625% PFD 054937404 3,025 114,797 SH   SOLE   114,797 0 0
Bank of America Floating Rate PFD 060505815 1,908 78,312 SH   SOLE   78,312 0 0
MS Cap III 6 1/4% due 3/1/2033 PFD 617460209 655 25,579 SH   SOLE   25,579 0 0
Suntrust Banks Pfd 5.875% PFD 867914889 2,747 104,423 SH   SOLE   104,423 0 0
Wells Fargo 8% Non-cum. Perp. PFD 949746879 960 34,553 SH   SOLE   34,553 0 0
iShr S&P US Pfd ETF PFD 464288687 9,993 250,525 SH   SOLE   250,525 0 0
SPDR Gold Trust COM 78463V107 793 6,273 SH   SOLE   6,273 0 0
HomeTown Bankshares Corp VA COM 43787N108 112 11,750 SH   SOLE   11,750 0 0
Alerian MLP ETF MLP 00162Q866 500 39,300 SH   SOLE   39,300 0 0
Credit Suisse MLP Index ETN MLP 22542D852 2,174 102,158 SH   SOLE   102,158 0 0
JPMorgan Alerian MLP ETN MLP 46625H365 1,854 58,291 SH   SOLE   58,291 0 0
Kinder Morgan MLP 49456B101 196 10,458 SH   SOLE   10,458 0 0
Linn Co. LLC MLP 535782106 1 20,450 SH   SOLE   20,450 0 0