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
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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
Laboratory Corporation of America Hldgs Equity 50540r409 33,170 216,825 SH   SOLE   0 0 216,825
Berkshire Hathaway, Inc. - Class B Equity 084670702 32,794 163,244 SH   SOLE   0 0 163,244
Lamar Advertising Co. Equity 512815101 29,663 374,245 SH   SOLE   0 0 374,245
Equity Lifestyle Properties Inc. Equity 29472r108 20,876 181,846 SH   SOLE   0 0 181,846
Cohen & Steers Inc Equity 19247A100 20,589 487,075 SH   SOLE   0 0 487,075
Casey's General Stores, Inc. Equity 147528103 19,334 150,140 SH   SOLE   0 0 150,140
Johnson & Johnson Equity 478160104 18,085 129,373 SH   SOLE   0 0 129,373
Plains Group Holdings Equity 72651a108 17,594 706,001 SH   SOLE   0 0 706,001
Sun Communities UserDef 866674104 14,662 123,087 SH   SOLE   0 0 123,087
First Horizon Natl Equity 320517105 14,593 1,035,550 SH   SOLE   0 0 1,035,550
Cadence Bancorp Equity 12739A100 14,265 769,000 SH   SOLE   0 0 769,000
Weyerhaeuser Co. Equity 962166104 14,168 537,900 SH   SOLE   0 0 537,900
Kansas City Southern Equity 485170302 13,902 119,470 SH   SOLE   0 0 119,470
Occidental Petroleum Corp. Equity 674599105 11,987 179,500 SH   SOLE   0 0 179,500
Omnicell, Inc. Equity 68213n109 11,799 145,955 SH   SOLE   0 0 145,955
Potlatch Corp. Equity 737630103 9,743 257,825 SH   SOLE   0 0 257,825
Apple Inc. Equity 037833100 9,373 49,345 SH   SOLE   0 0 49,345
Graphic Packaging Holding Co Equity 388689101 9,337 735,850 SH   SOLE   0 0 735,850
Pinnacle Finl Partners Inc Equity 72346Q104 7,333 134,064 SH   SOLE   0 0 134,064
Cedar Fair -L.P. Equity 150185106 6,773 128,717 SH   SOLE   0 0 128,717
Oceanfirst Financial Corp Equity 675234108 6,058 251,800 SH   SOLE   0 0 251,800
Stryker Corp. Equity 863667101 5,251 26,583 SH   SOLE   0 0 26,583
First Community Corp Equity 319835104 4,622 242,350 SH   SOLE   0 0 242,350
Kroger Co. Equity 501044101 3,735 151,825 SH   SOLE   0 0 151,825
1/100 Berkshire Htwy Cla Equity 084990175 3,313 3,313 PRN   SOLE   0 0 3,313
Check Point Software Technologies Equity m22465104 3,105 24,550 SH   SOLE   0 0 24,550
Prosperity Bancshares, Inc Equity 743606105 2,659 38,300 SH   SOLE   0 0 38,300
Ball Corp. Equity 058498106 2,314 40,000 SH   SOLE   0 0 40,000
Merck & Co., Inc. Equity 58933Y105 2,219 26,500 SH   SOLE   0 0 26,500
Synopsys, Inc. Equity 871607107 2,209 19,187 SH   SOLE   0 0 19,187
Thermon Group Hldgs Equity 88362T103 2,083 85,000 SH   SOLE   0 0 85,000
Vertu Motors Plc Ord Equity G9337V109 2,077 4,485,000 SH   SOLE   0 0 4,485,000
Cavco Industries Inc Equity 149568107 1,975 16,800 SH   SOLE   0 0 16,800
Eastgroup Properties Equity 277276101 1,620 14,420 SH   SOLE   0 0 14,420
Kaisar Aluminum Corp Equity 483007704 1,571 15,000 SH   SOLE   0 0 15,000
Irish Continental Group PLC Equity G49406179 1,552 284,550 SH   SOLE   0 0 284,550
CCB Financial Corp. Equity 124875105 1,516 89,250 SH   SOLE   0 0 89,250
First Choice Bancorp Equity 31948P104 1,479 68,800 SH   SOLE   0 0 68,800
Thermo Fisher Scientific Inc Equity 883556102 1,369 5,000 SH   SOLE   0 0 5,000
Wolverine World Wide, Inc. Equity 978097103 1,150 32,100 SH   SOLE   0 0 32,100
Bank of South Carolina Corp Equity 065066102 1,112 61,024 SH   SOLE   0 0 61,024
Costco Wholesale Corporation Equity 22160k105 969 4,000 SH   SOLE   0 0 4,000
CSX Corp. Equity 126408103 898 12,000 SH   SOLE   0 0 12,000
AbbVie, Inc. Equity 00287Y109 870 10,800 SH   SOLE   0 0 10,800
ICON plc Equity G4705A100 819 6,000 SH   SOLE   0 0 6,000
Walgreens Boots Allianc Equity 931427108 734 11,600 SH   SOLE   0 0 11,600
Calavo Growers, Inc. Equity 128246105 727 8,669 SH   SOLE   0 0 8,669
Eplus Inc Equity 294268107 664 7,500 SH   SOLE   0 0 7,500
Dentsply International Inc. Equity 249030107 620 12,500 SH   SOLE   0 0 12,500
United States Lime&M Equity 911922102 617 8,000 SH   SOLE   0 0 8,000
Alphabet Inc Equity 02079K305 588 500 SH   SOLE   0 0 500
Google Inc. Equity 38259p508 587 500 SH   SOLE   0 0 500
Holly Energy Partner Lp UserDef 435763107 540 20,000 SH   SOLE   0 0 20,000
Canadian Tire Ltd Equity 136681202 539 5,000 SH   SOLE   0 0 5,000
Fifth Third Bancorp. Equity 316773100 484 19,041 SH   SOLE   0 0 19,041
Hormel Foods Corp. Equity 440452100 448 10,000 SH   SOLE   0 0 10,000
Landmark Infrastruct Lp UserDef 51508J108 346 20,409 SH   SOLE   0 0 20,409
Universal Health Realty Income Trust Equity 913903100 299 3,950 SH   SOLE   0 0 3,950
Amazon.Com Inc. Equity 023135106 285 160 SH   SOLE   0 0 160
First Bancorp Equity 318910106 241 6,900 SH   SOLE   0 0 6,900
Prologis Equity 74340w103 209 2,900 SH   SOLE   0 0 2,900
Nanophase Technologies Corp Equity 630079101 195 389,838 SH   SOLE   0 0 389,838
Select Bancorp Inc Equity 81617L108 181 15,900 SH   SOLE   0 0 15,900
FalconStor Software Inc. Equity 306137100 1 11,000 SH   SOLE   0 0 11,000
RMR Real Estate Fd Fractional Shares Equity HGK70B105 0 174,077 SH   SOLE   0 0 174,077
Tradeshow Marketing Co. Equity 892652108 0 27,900 SH   SOLE   0 0 27,900
UFood Restaurant Group Inc. Equity 903508109 0 11,000 SH   SOLE   0 0 11,000