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
ALPHABET INC CAP STK CL C 02079k107 3,344 4,332 SH   SOLE   4,332 0 0
ALPHABET INC CAP STK CL A 02079k305 8,810 11,117 SH   SOLE   11,117 0 0
ALTRIA GROUP INC COM 02209s103 605 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 327 5,000 SH   SOLE   5,000 0 0
AT&T INC COM 00206r102 307 7,213 SH   SOLE   7,213 0 0
BANK AMER CORP COM 060505104 219 9,925 SH   SOLE   9,925 0 0
BANK NEW YORK MELLON CORP COM 064058100 358 7,546 SH   SOLE   7,546 0 0
BENCHMARK BANKSHARES INC COM 08160E207 2,788 179,882 SH   SOLE   179,882 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,430 88,540 SH   SOLE   88,540 0 0
CHEVRON CORP NEW COM 166764100 474 4,027 SH   SOLE   4,027 0 0
CIMPRESS N V SHS EURO n20146101 20,838 227,460 SH   SOLE   227,460 0 0
CLOROX CO DEL COM 189054109 220 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 428 10,315 SH   SOLE   10,315 0 0
COLFAX CORP COM 194014106 341 9,500 SH   SOLE   9,500 0 0
CREDIT ACCEP CORP MICH COM 225310101 6,525 30,000 SH   SOLE   30,000 0 0
DOMINION RES INC VA NEW COM 25746u109 430 5,609 SH   SOLE   5,609 0 0
EXELON CORP COM 30161n101 395 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 452 5,009 SH   SOLE   5,009 0 0
FEDERAL NATIONAL MORTGAGE PFD COM 313586752 2,000 250,000 SH   SOLE   250,000 0 0
FEDERAL HOME LOAN MORTGAGE CORP COM 313400301 1,309 350,000 SH   SOLE   350,000 0 0
FREDDIE MAC PERPETUAL PFD 8.37 COM 313400624 1,890 250,000 SH   SOLE   250,000 0 0
HOMEFED COM 43739d307 224 4,863 SH   SOLE   4,863 0 0
IMPERIAL METALS COM 452892102 9,176 2,036,250 SH   SOLE   2,036,250 0 0
INOVALON HLDGS INC COM CL A 45781D101 2,575 250,000 SH   SOLE   250,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 18,952 114,175 SH   SOLE   114,175 0 0
JOHNSON & JOHNSON COM 478160104 339 2,945 SH   SOLE   2,945 0 0
JPMORGAN CHASE & CO COM 46625h100 1,856 21,510 SH   SOLE   21,510 0 0
METRO BANK PLC COM G60640102 20,749 575,000 SH   SOLE   575,000 0 0
MONDELEZ INTL INC CL A 609207105 248 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 303 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 774 8,461 SH   SOLE   8,461 0 0
PROCTER AND GAMBLE CO COM 742718109 485 5,763 SH   SOLE   5,763 0 0
RANGE RES CORP COM 75281A109 6,185 180,000 SH   SOLE   180,000 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 32,776 3,925,238 SH   SOLE   3,925,238 0 0
HOWARD HUGHES CORP COM 44267d107 11,639 102,010 SH   SOLE   102,010 0 0
SOUTHERN CO COM 842587107 519 10,553 SH   SOLE   10,553 0 0
BERKLEY W R CORP COM 084423102 3,296 49,550 SH   SOLE   49,550 0 0
WALGREEN BOOTS ALLIANCE INC COM 931422109 207 2,500 SH   SOLE   2,500 0 0
WELLS FARGO & CO NEW COM 949746101 12,228 221,878 SH   SOLE   221,878 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,170 1,400 SH   SOLE   1,400 0 0