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 11,633 11,947 SH   SOLE   11,947 0 0
ALPHABET INC CAP STK CL C 02079k107 3,992 4,162 SH   SOLE   4,162 0 0
ALTRIA GROUP INC COM 02209s103 568 8,950 SH   SOLE   8,950 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 307 5,000 SH   SOLE   5,000 0 0
ANTERO RES CORP COM 03674x106 3,283 165,000 SH   SOLE   165,000 0 0
AT&T INC COM 00206r102 283 7,213 SH   SOLE   7,213 0 0
BANK AMER CORP COM 060505104 251 9,908 SH   SOLE   9,908 0 0
BANK NEW YORK MELLON CORP COM 064058100 400 7,546 SH   SOLE   7,546 0 0
BENCHMARK BANKSHARES INC COM 08160e207 2,878 178,082 SH   SOLE   178,082 0 0
BERKLEY W R CORP COM 084423102 3,027 45,350 SH   SOLE   45,350 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 14,899 81,274 SH   SOLE   81,274 0 0
CHEVRON CORP NEW COM 166764100 473 4,027 SH   SOLE   4,027 0 0
CIMPRESS N V SHS EURO n20146101 21,983 225,100 SH   SOLE   225,100 0 0
CITIGROUP INC COM NEW 172967424 231 3,169 SH   SOLE   3,169 0 0
CLOROX CO DEL COM 189054109 242 1,834 SH   SOLE   1,834 0 0
COCA COLA CO COM 191216100 464 10,315 SH   SOLE   10,315 0 0
COLFAX CORP COM 194014106 396 9,500 SH   SOLE   9,500 0 0
CREDIT ACCEP CORP MICH COM 225310101 9,806 35,000 SH   SOLE   35,000 0 0
DOMINION ENERGY INC COM 25746u109 432 5,609 SH   SOLE   5,609 0 0
EXELON CORP COM 30161n101 419 11,132 SH   SOLE   11,132 0 0
EXXON MOBIL CORP COM 30231g102 411 5,009 SH   SOLE   5,009 0 0
FEDERAL NATIONAL MORTGAGE PFD PFD 313586752 1,725 247,500 SH   SOLE   247,500 0 0
FREDDIE MAC COM 313400301 998 346,500 SH   SOLE   346,500 0 0
FREDDIE MAC PERPETUAL PFD 8.37 PFD 313400624 1,690 247,500 SH   SOLE   247,500 0 0
HOMEFED COM 43739d307 215 4,863 SH   SOLE   4,863 0 0
HOWARD HUGHES CORP COM 44267d107 11,800 100,060 SH   SOLE   100,060 0 0
IMPERIAL METALS CORPORATION COM 452892102 5,130 2,419,750 SH   SOLE   2,419,750 0 0
INOVALON HLDGS INC COM CL A 45781d101 4,220 247,500 SH   SOLE   247,500 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 6,753 46,550 SH   SOLE   46,550 0 0
JOHNSON & JOHNSON COM 478160104 371 2,852 SH   SOLE   2,852 0 0
JPMORGAN CHASE & CO COM 46625h100 2,054 21,510 SH   SOLE   21,510 0 0
METRO BANK PLC COM g60640102 25,800 569,250 SH   SOLE   569,250 0 0
MICROSOFT CORP COM 594918104 287 3,850 SH   SOLE   3,850 0 0
MONDELEZ INTL INC CL A 609207105 227 5,588 SH   SOLE   5,588 0 0
NEXTERA ENERGY INC COM 65339f101 371 2,534 SH   SOLE   2,534 0 0
PHILIP MORRIS INTL INC COM 718172109 939 8,461 SH   SOLE   8,461 0 0
PIONEER NAT RES CO COM 723787107 443 3,000 SH   SOLE   3,000 0 0
PROCTER AND GAMBLE CO COM 742718109 524 5,763 SH   SOLE   5,763 0 0
RANGE RES CORP COM 75281a109 7,241 370,000 SH   SOLE   370,000 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 35,327 3,819,055 SH   SOLE   3,819,055 0 0
SOUTHERN CO COM 842587107 519 10,553 SH   SOLE   10,553 0 0
TESLA INC COM 88160r101 1,705 5,000 SH   SOLE   5,000 0 0
WELLS FARGO CO NEW COM 949746101 5,475 99,278 SH   SOLE   99,278 0 0
WHITE MTNS INS GROUP LTD COM g9618e107 1,200 1,400 SH   SOLE   1,400 0 0