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 A 02079k305 14,826 15,947 SH   SOLE   15,947 0 0
ALPHABET INC CAP STK CL C 02079k107 3,782 4,162 SH   SOLE   4,162 0 0
ALTRIA GROUP INC COM 02209s103 667 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 313 5,000 SH   SOLE   5,000 0 0
AT&T INC COM 00206r102 272 7,213 SH   SOLE   7,213 0 0
BANK AMER CORP COM 060505104 240 9,908 SH   SOLE   9,908 0 0
BANK NEW YORK MELLON CORP COM 064058100 385 7,546 SH   SOLE   7,546 0 0
BENCHMARK BANKSHARES INC COM 08160e207 2,983 178,082 SH   SOLE   178,082 0 0
BERKLEY W R CORP COM 084423102 3,137 45,350 SH   SOLE   45,350 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,032 82,849 SH   SOLE   82,849 0 0
CHEVRON CORP NEW COM 166764100 420 4,027 SH   SOLE   4,027 0 0
CIMPRESS NV SHS EURO n20146101 21,279 225,100 SH   SOLE   225,100 0 0
CITIGROUP INC COM NEW 172967424 212 3,169 SH   SOLE   3,169 0 0
CLOROX CO DEL COM 189054109 244 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 463 10,315 SH   SOLE   10,315 0 0
COLFAX CORP COM 194014106 374 9,500 SH   SOLE   9,500 0 0
CREDIT ACCEP CORP MICH COM 225310101 9,000 35,000 SH   SOLE   35,000 0 0
DOMINION ENERGY INC COM 25746u109 430 5,609 SH   SOLE   5,609 0 0
EXELON CORP COM 30161n101 402 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 404 5,009 SH   SOLE   5,009 0 0
FEDERAL NATIONAL MORTGAGE PFD PFD 313586752 1,426 247,500 SH   SOLE   247,500 0 0
FREDDIE MAC COM 313400301 773 346,500 SH   SOLE   346,500 0 0
FREDDIE MAC PERPETUAL PFD 8.37 PFD 313400624 1,349 247,500 SH   SOLE   247,500 0 0
HOMEFED COM 43739d307 219 4,863 SH   SOLE   4,863 0 0
HOWARD HUGHES CORP COM 44267d107 12,291 100,060 SH   SOLE   100,060 0 0
IMPERIAL METALS CORPORATION COM 452892102 5,856 2,003,750 SH   SOLE   2,003,750 0 0
INOVALON HLDGS INC COM CL A 45781d101 3,255 247,500 SH   SOLE   247,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 7,334 47,675 SH   SOLE   47,675 0 0
JOHNSON & JOHNSON COM 478160104 390 2,950 SH   SOLE   2,950 0 0
JPMORGAN CHASE & CO COM 46625h100 1,966 21,510 SH   SOLE   21,510 0 0
METRO BANK PLC COM g60640102 26,583 569,250 SH   SOLE   569,250 0 0
MICROSOFT CORP COM 594918104 5,146 74,650 SH   SOLE   74,650 0 0
MONDELEZ INTL INC CL A 609207105 241 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 355 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 994 8,461 SH   SOLE   8,461 0 0
PROCTER AND GAMBLE CO COM 742718109 502 5,763 SH   SOLE   5,763 0 0
RANGE RES CORP COM 75281a109 4,588 198,000 SH   SOLE   198,000 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 35,327 3,819,055 SH   SOLE   3,819,055 0 0
SOUTHERN CO COM 842587107 505 10,553 SH   SOLE   10,553 0 0
TESLA INC COM 88160r101 1,808 5,000 SH   SOLE   5,000 0 0
THOR INDS INC COM 885160101 1,035 9,900 SH   SOLE   9,900 0 0
WELLS FARGO CO NEW COM 949746101 6,343 114,478 SH   SOLE   114,478 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,216 1,400 SH   SOLE   1,400 0 0