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
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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 2,284 11,939 SH   SOLE   0 0 11,939
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 10,090 242,844 SH   SOLE   0 0 242,844
AbbVie, Inc. COM 00287y109 978 15,002 SH   SOLE   0 0 15,002
Abbott Laboratories COM 002824100 2,662 59,943 SH   SOLE   0 0 59,943
Accenture Ltd COM g1151c101 21,822 182,032 SH   SOLE   0 0 182,032
AllState Corp. COM 020002101 634 7,774 SH   SOLE   0 0 7,774
Alphabet Inc. Class A COM 02079k305 575 678 SH   SOLE   0 0 678
Alphabet Inc. Class C COM 02079k107 5,346 6,444 SH   SOLE   0 0 6,444
Altria Group, Inc. COM 02209s103 4,056 56,790 SH   SOLE   0 0 56,790
Amazon.com COM 023135106 9,546 10,768 SH   SOLE   0 0 10,768
American Airlines Grp COM 02376R102 1,548 36,593 SH   SOLE   0 0 36,593
American Express Co. COM 025816109 546 6,898 SH   SOLE   0 0 6,898
American Int'l Group COM 026874784 1,095 17,536 SH   SOLE   0 0 17,536
Amgen Inc. COM 031162100 5,184 31,594 SH   SOLE   0 0 31,594
Apache Corp. COM 037411105 4,216 82,037 SH   SOLE   0 0 82,037
Apple Computer COM 037833100 21,788 151,663 SH   SOLE   0 0 151,663
Automatic Data Processing COM 053015103 301 2,937 SH   SOLE   0 0 2,937
BP PLC COM 055622104 2,790 80,830 SH   SOLE   0 0 80,830
Banco LatinoAmericano COM P16994132 19,505 703,154 SH   SOLE   0 0 703,154
BankAmerica Corp. COM 060505104 552 23,409 SH   SOLE   0 0 23,409
Berkshire Hathaway 'A' COM 084670108 1,499 6 SH   SOLE   0 0 6
Berkshire Hathaway 'B' COM 084670702 97,277 583,615 SH   SOLE   0 0 583,615
Boardwalk Pipeline Prtnrs LP COM 096627104 8,694 474,802 SH   SOLE   0 0 474,802
Boeing Co. COM 097023105 376 2,126 SH   SOLE   0 0 2,126
Bristol Myers Squibb COM 110122108 2,521 46,365 SH   SOLE   0 0 46,365
Brookdale Sr Living Inc COM 112463104 14,066 1,047,390 SH   SOLE   0 0 1,047,390
Brookfield Pptys Part COM G16249107 378 17,000 SH   SOLE   0 0 17,000
CA Inc COM 12673p105 268 8,445 SH   SOLE   0 0 8,445
CSRA, Inc. COM 12650t104 915 31,240 SH   SOLE   0 0 31,240
CSX Corp. COM 126408103 212 4,552 SH   SOLE   0 0 4,552
CVS Health Corp. COM 126650100 3,638 46,344 SH   SOLE   0 0 46,344
Cable One Inc COM 12685j105 1,394 2,233 SH   SOLE   0 0 2,233
Campbell Soup Co. COM 134429109 1,231 21,500 SH   SOLE   0 0 21,500
Caterpillar Inc. COM 149123101 5,444 58,685 SH   SOLE   0 0 58,685
Celgene Corp. COM 151020104 649 5,219 SH   SOLE   0 0 5,219
Chevron Corp. COM 166764100 1,906 17,754 SH   SOLE   0 0 17,754
Cisco Systems Inc. COM 17275R102 5,215 154,290 SH   SOLE   0 0 154,290
Coca Cola Co. COM 191216100 2,842 66,965 SH   SOLE   0 0 66,965
Colgate Palmolive Co. COM 194162103 244 3,340 SH   SOLE   0 0 3,340
Comcast Corp. - Class A COM 20030n101 3,630 96,558 SH   SOLE   0 0 96,558
Computer Sciences Corp. COM 205363104 2,081 30,160 SH   SOLE   0 0 30,160
ConocoPhillips COM 20825c104 310 6,213 SH   SOLE   0 0 6,213
CoreCivic, Inc. COM 21871N101 35,080 1,116,482 SH   SOLE   0 0 1,116,482
Cracker Barrel Old Country Sto COM 22410J106 291 1,826 SH   SOLE   0 0 1,826
Danaher Corp. COM 235851102 225 2,635 SH   SOLE   0 0 2,635
Darden Restaurants, Inc. COM 237194105 539 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 3,126 68,017 SH   SOLE   0 0 68,017
Dentsply Sirona Inc. COM 24906P109 1,737 27,819 SH   SOLE   0 0 27,819
Diageo PLC COM 25243Q205 3,116 26,959 SH   SOLE   0 0 26,959
Dominion Resources, Inc. COM 25746u109 1,974 25,445 SH   SOLE   0 0 25,445
Duke Energy Corp. COM 26441c204 4,407 53,743 SH   SOLE   0 0 53,743
E. I. Dupont de Nemours & Co. COM 263534109 367 4,570 SH   SOLE   0 0 4,570
Express Scripts, Inc. COM 30219g108 1,170 17,746 SH   SOLE   0 0 17,746
Exxon Mobil Corp. COM 30231G102 14,957 182,381 SH   SOLE   0 0 182,381
Facebook, Inc. COM 30303m102 275 1,935 SH   SOLE   0 0 1,935
Fairfax Financial Hld COM 303901102 75,341 165,109 SH   SOLE   0 0 165,109
FedEx Corp. COM 31428X106 10,429 53,442 SH   SOLE   0 0 53,442
Forestar Group COM 346233109 1,372 100,500 SH   SOLE   0 0 100,500
Gannett Co. Inc. COM 36473H104 2,211 263,899 SH   SOLE   0 0 263,899
General Electric Co. COM 369604103 10,418 349,583 SH   SOLE   0 0 349,583
General Mills Inc. COM 370334104 2,310 39,139 SH   SOLE   0 0 39,139
Goldman Sachs Group COM 38141g104 1,120 4,874 SH   SOLE   0 0 4,874
Graham Holdings Co COM 384637104 1,399 2,333 SH   SOLE   0 0 2,333
HCA Healthcare, Inc. COM 40412C101 35,821 402,529 SH   SOLE   0 0 402,529
HCP Inc COM 40414L109 3,339 106,760 SH   SOLE   0 0 106,760
HP Inc. COM 40434l105 180 10,095 SH   SOLE   0 0 10,095
Halliburton Inc. COM 406216101 7,892 160,383 SH   SOLE   0 0 160,383
HealthStream Inc. COM 42222n103 330 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 240 10,120 SH   SOLE   0 0 10,120
Home Depot Inc. COM 437076102 9,054 61,662 SH   SOLE   0 0 61,662
Honeywell Intl. COM 438516106 2,870 22,984 SH   SOLE   0 0 22,984
Intel Corp. COM 458140100 11,117 308,200 SH   SOLE   0 0 308,200
International Business Machine COM 459200101 4,983 28,616 SH   SOLE   0 0 28,616
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,531 17,425 SH   SOLE   0 0 17,425
Johnson & Johnson COM 478160104 14,172 113,783 SH   SOLE   0 0 113,783
KKR & Company LP COM 48248M102 440 24,125 SH   SOLE   0 0 24,125
Kimberly-Clark Corp. COM 494368103 387 2,943 SH   SOLE   0 0 2,943
Kraft Heinz Company COM 500754106 5,642 62,129 SH   SOLE   0 0 62,129
L3 Technologies, Inc. COM 502413107 538 3,256 SH   SOLE   0 0 3,256
Leucadia Natl Corp COM 527288104 6,254 240,551 SH   SOLE   0 0 240,551
Level 3 Commun COM 52729N308 33,565 586,603 SH   SOLE   0 0 586,603
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 18,671 399,214 SH   SOLE   0 0 399,214
Lowes Companies COM 548661107 8,244 100,284 SH   SOLE   0 0 100,284
McCormick COM 579780206 1,484 15,215 SH   SOLE   0 0 15,215
McDonalds Corp. COM 580135101 3,407 26,288 SH   SOLE   0 0 26,288
Mead Johnson Nutrition COM 582839106 472 5,300 SH   SOLE   0 0 5,300
Medtronic PLC COM G5960L103 4,525 56,171 SH   SOLE   0 0 56,171
Merck & Company Inc. COM 58933y105 6,236 98,146 SH   SOLE   0 0 98,146
Microsoft Corp. COM 594918104 7,928 120,374 SH   SOLE   0 0 120,374
Mondelez Int'l Inc COM 609207105 14,263 331,090 SH   SOLE   0 0 331,090
Morgan Stanley COM 617446448 372 8,685 SH   SOLE   0 0 8,685
National Health Invstrs COM 63633d104 12,929 178,010 SH   SOLE   0 0 178,010
National Healthcare COM 635906100 530 7,433 SH   SOLE   0 0 7,433
Nestle SA Sponsored Reg COM 641069406 325 4,228 SH   SOLE   0 0 4,228
NextEra Energy, Inc. COM 65339f101 325 2,533 SH   SOLE   0 0 2,533
Nike COM 654106103 315 5,661 SH   SOLE   0 0 5,661
Norfolk Southern Corp. COM 655844108 257 2,292 SH   SOLE   0 0 2,292
Novartis AG COM 66987v109 719 9,675 SH   SOLE   0 0 9,675
Oracle COM 68389x105 2,650 59,413 SH   SOLE   0 0 59,413
Overstock COM 690370101 10,750 625,000 SH   SOLE   0 0 625,000
Owens Corning COM 690742101 967 15,756 SH   SOLE   0 0 15,756
Owens Illinois Inc New COM 690768403 9,640 473,031 SH   SOLE   0 0 473,031
Pan American Silver COM 697900108 175 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 15,210 835,717 SH   SOLE   0 0 835,717
PepsiCo Inc. COM 713448108 2,579 23,054 SH   SOLE   0 0 23,054
Pfizer Inc. COM 717081103 5,790 169,235 SH   SOLE   0 0 169,235
Philip Morris Intl COM 718172109 8,609 76,251 SH   SOLE   0 0 76,251
Phillips 66 COM 718546104 826 10,428 SH   SOLE   0 0 10,428
Pico Holdings COM 693366205 497 35,500 SH   SOLE   0 0 35,500
Pinnacle Financial Partners COM 72346q104 3,946 59,385 SH   SOLE   0 0 59,385
Procter & Gamble Co. COM 742718109 12,508 139,211 SH   SOLE   0 0 139,211
Regions Financial Corp. COM 7591ep100 1,621 111,538 SH   SOLE   0 0 111,538
Republic Services Inc. COM 760759100 7,314 116,447 SH   SOLE   0 0 116,447
Roche Holdings COM 771195104 2,769 86,447 SH   SOLE   0 0 86,447
Royal Dutch Shell Cl B COM 780259107 842 15,083 SH   SOLE   0 0 15,083
S & P 500 Index Depository Rec COM 78462F103 2,662 11,291 SH   SOLE   0 0 11,291
Schlumberger Ltd. COM 806857108 10,592 135,626 SH   SOLE   0 0 135,626
Scripps Networks Interactive, COM 811065101 2,374 30,295 SH   SOLE   0 0 30,295
Select Basic Materials Sector COM 81369y100 1,512 28,850 SH   SOLE   0 0 28,850
Southwest Airlines Co. COM 844741108 4,408 81,987 SH   SOLE   0 0 81,987
Starbucks Corp. COM 855244109 3,404 58,296 SH   SOLE   0 0 58,296
Stryker COM 863667101 257 1,950 SH   SOLE   0 0 1,950
SunCoke Energy COM 86722A103 305 34,000 SH   SOLE   0 0 34,000
SunTrust Banks Inc. COM 867914103 2,232 40,357 SH   SOLE   0 0 40,357
Sysco Corp. COM 871829107 8,525 164,199 SH   SOLE   0 0 164,199
TE Connectivity Ltd COM H84989104 291 3,899 SH   SOLE   0 0 3,899
TEGNA, Inc. COM 87901j105 15,966 623,193 SH   SOLE   0 0 623,193
TJX Companies, Inc. COM 872540109 763 9,648 SH   SOLE   0 0 9,648
Tejon Ranch Co. COM 879080109 263 12,000 SH   SOLE   0 0 12,000
Travelers Inc. COM 89417e109 790 6,550 SH   SOLE   0 0 6,550
Twenty-First Cent Fox Inc. Cl COM 90130A101 3,143 97,039 SH   SOLE   0 0 97,039
Twenty-First Cent Fox Inc. Cl COM 90130A200 3,395 106,820 SH   SOLE   0 0 106,820
US Bancorp COM 902973304 631 12,253 SH   SOLE   0 0 12,253
United Parcel Svc. Cl B COM 911312106 5,325 49,630 SH   SOLE   0 0 49,630
United Rentals, Inc. COM 911363109 2,282 18,250 SH   SOLE   0 0 18,250
United Technologies COM 913017109 10,133 90,306 SH   SOLE   0 0 90,306
Valero Energy Corp. COM 91913y100 963 14,529 SH   SOLE   0 0 14,529
Vanguard Emerging Markets ETF COM 922042858 2,257 56,819 SH   SOLE   0 0 56,819
Vanguard Large-Cap Exchanged T COM 922908637 926 8,565 SH   SOLE   0 0 8,565
Vanguard Mid-Cap Exchange Trad COM 922908629 407 2,920 SH   SOLE   0 0 2,920
Vanguard Small-Cap VIPERs COM 922908751 734 5,504 SH   SOLE   0 0 5,504
Verizon Comm. COM 92343v104 6,293 129,084 SH   SOLE   0 0 129,084
Vodafone Group PLC ADS COM 92857w308 580 21,950 SH   SOLE   0 0 21,950
Vulcan Materials COM 929160109 1,587 13,175 SH   SOLE   0 0 13,175
Wal-Mart Stores Inc. COM 931142103 6,662 92,425 SH   SOLE   0 0 92,425
Walt Disney Co. COM 254687106 12,116 106,853 SH   SOLE   0 0 106,853
Wells Fargo & Co. COM 949746101 4,662 83,750 SH   SOLE   0 0 83,750
Western Union COM 959802109 598 29,375 SH   SOLE   0 0 29,375
White Mountain Ins COM G9618E107 4,221 4,797 SH   SOLE   0 0 4,797
Whole Foods Market COM 966837106 1,641 55,209 SH   SOLE   0 0 55,209
Zimmer Biomet Holdings, Inc. COM 98956p102 1,323 10,831 SH   SOLE   0 0 10,831
Zoetis, Inc. COM 98978v103 3,389 63,505 SH   SOLE   0 0 63,505
iShares DJ Select Dividend Ind COM 464287168 405 4,445 SH   SOLE   0 0 4,445
iShares FTSE China 25 Index Fu COM 464287184 1,840 47,800 SH   SOLE   0 0 47,800
iShares MSCI EAFE Index Fund COM 464287465 531 8,525 SH   SOLE   0 0 8,525
iShares MSCI Emerging Markets COM 464287234 880 22,337 SH   SOLE   0 0 22,337
iShares MSCI Pacific Rim COM 464286665 996 22,286 SH   SOLE   0 0 22,286
iShares MidCap 400 COM 464287507 265 1,546 SH   SOLE   0 0 1,546
iShares Russell 1000 Index ETF COM 464287622 948 7,220 SH   SOLE   0 0 7,220
iShares Russell Mid-Cap Index COM 464287499 392 2,093 SH   SOLE   0 0 2,093
iShares S&P 500 Core Index ETF COM 464287200 423 1,783 SH   SOLE   0 0 1,783
iShares S&P SmallCap 600 Index COM 464287804 3,396 49,110 SH   SOLE   0 0 49,110