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
3M Company COM 88579y101 2,471 11,867 SH   SOLE   0 0 11,867
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 9,145 242,384 SH   SOLE   0 0 242,384
AbbVie, Inc. COM 00287y109 1,079 14,884 SH   SOLE   0 0 14,884
Abbott Laboratories COM 002824100 2,911 59,889 SH   SOLE   0 0 59,889
Accenture Ltd COM g1151c101 22,674 183,325 SH   SOLE   0 0 183,325
AllState Corp. COM 020002101 693 7,839 SH   SOLE   0 0 7,839
Alphabet Inc. Class A COM 02079k305 630 678 SH   SOLE   0 0 678
Alphabet Inc. Class C COM 02079k107 6,547 7,205 SH   SOLE   0 0 7,205
Altria Group, Inc. COM 02209s103 4,229 56,791 SH   SOLE   0 0 56,791
Amazon.com COM 023135106 10,433 10,778 SH   SOLE   0 0 10,778
American Airlines Grp COM 02376R102 1,851 36,794 SH   SOLE   0 0 36,794
American Express Co. COM 025816109 568 6,748 SH   SOLE   0 0 6,748
American Int'l Group COM 026874784 1,096 17,536 SH   SOLE   0 0 17,536
Amgen Inc. COM 031162100 5,708 33,143 SH   SOLE   0 0 33,143
Apache Corp. COM 037411105 3,990 83,237 SH   SOLE   0 0 83,237
Apple Computer COM 037833100 21,351 148,248 SH   SOLE   0 0 148,248
Automatic Data Processing COM 053015103 301 2,937 SH   SOLE   0 0 2,937
BP PLC COM 055622104 2,816 81,280 SH   SOLE   0 0 81,280
Banco LatinoAmericano COM P16994132 19,063 696,228 SH   SOLE   0 0 696,228
BankAmerica Corp. COM 060505104 551 22,697 SH   SOLE   0 0 22,697
Berkshire Hathaway 'A' COM 084670108 1,528 6 SH   SOLE   0 0 6
Berkshire Hathaway 'B' COM 084670702 98,142 579,456 SH   SOLE   0 0 579,456
Boardwalk Pipeline Prtnrs LP COM 096627104 8,475 470,567 SH   SOLE   0 0 470,567
Boeing Co. COM 097023105 437 2,212 SH   SOLE   0 0 2,212
Bristol Myers Squibb COM 110122108 2,570 46,119 SH   SOLE   0 0 46,119
Brookdale Sr Living Inc COM 112463104 13,546 920,894 SH   SOLE   0 0 920,894
Brookfield Pptys Part COM G16249107 402 17,000 SH   SOLE   0 0 17,000
CA Inc COM 12673p105 291 8,445 SH   SOLE   0 0 8,445
CSRA, Inc. COM 12650t104 992 31,240 SH   SOLE   0 0 31,240
CSX Corp. COM 126408103 229 4,191 SH   SOLE   0 0 4,191
CVS Health Corp. COM 126650100 3,841 47,734 SH   SOLE   0 0 47,734
Cable One Inc COM 12685j105 1,587 2,233 SH   SOLE   0 0 2,233
Campbell Soup Co. COM 134429109 1,121 21,500 SH   SOLE   0 0 21,500
Cars.com Inc. COM 14575E105 5,494 206,300 SH   SOLE   0 0 206,300
Caterpillar Inc. COM 149123101 6,292 58,549 SH   SOLE   0 0 58,549
Celgene Corp. COM 151020104 689 5,303 SH   SOLE   0 0 5,303
Chevron Corp. COM 166764100 1,860 17,827 SH   SOLE   0 0 17,827
Cisco Systems Inc. COM 17275R102 4,910 156,863 SH   SOLE   0 0 156,863
Coca Cola Co. COM 191216100 2,959 65,981 SH   SOLE   0 0 65,981
Colgate Palmolive Co. COM 194162103 254 3,421 SH   SOLE   0 0 3,421
Comcast Corp. - Class A COM 20030n101 3,762 96,662 SH   SOLE   0 0 96,662
ConocoPhillips COM 20825c104 267 6,063 SH   SOLE   0 0 6,063
CoreCivic, Inc. COM 21871N101 32,555 1,180,398 SH   SOLE   0 0 1,180,398
Cracker Barrel Old Country Sto COM 22410J106 305 1,826 SH   SOLE   0 0 1,826
DXC Technology Co. COM 23355l106 2,382 31,050 SH   SOLE   0 0 31,050
Danaher Corp. COM 235851102 232 2,752 SH   SOLE   0 0 2,752
Darden Restaurants, Inc. COM 237194105 582 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 4,727 87,957 SH   SOLE   0 0 87,957
Dentsply Sirona Inc. COM 24906P109 1,789 27,594 SH   SOLE   0 0 27,594
Diageo PLC COM 25243Q205 3,241 27,044 SH   SOLE   0 0 27,044
Dominion Resources, Inc. COM 25746u109 1,938 25,295 SH   SOLE   0 0 25,295
Duke Energy Corp. COM 26441c204 4,350 52,045 SH   SOLE   0 0 52,045
E. I. Dupont de Nemours & Co. COM 263534109 377 4,670 SH   SOLE   0 0 4,670
Express Scripts, Inc. COM 30219g108 1,132 17,727 SH   SOLE   0 0 17,727
Exxon Mobil Corp. COM 30231G102 14,821 183,592 SH   SOLE   0 0 183,592
Facebook, Inc. COM 30303m102 292 1,935 SH   SOLE   0 0 1,935
Fairfax Financial Hld COM 303901102 73,023 168,702 SH   SOLE   0 0 168,702
FedEx Corp. COM 31428X106 11,690 53,787 SH   SOLE   0 0 53,787
Forestar Group COM 346233109 497 29,000 SH   SOLE   0 0 29,000
Gannett Co. Inc. COM 36473H104 2,130 244,259 SH   SOLE   0 0 244,259
General Electric Co. COM 369604103 10,085 373,380 SH   SOLE   0 0 373,380
General Mills Inc. COM 370334104 2,089 37,714 SH   SOLE   0 0 37,714
Goldman Sachs Group COM 38141g104 1,154 5,199 SH   SOLE   0 0 5,199
Graham Holdings Co COM 384637104 1,399 2,333 SH   SOLE   0 0 2,333
HCA Healthcare, Inc. COM 40412C101 35,284 404,632 SH   SOLE   0 0 404,632
HCP Inc COM 40414L109 3,357 105,035 SH   SOLE   0 0 105,035
HP Inc. COM 40434l105 176 10,095 SH   SOLE   0 0 10,095
Halliburton Inc. COM 406216101 7,474 174,999 SH   SOLE   0 0 174,999
HealthStream Inc. COM 42222n103 358 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 168 10,120 SH   SOLE   0 0 10,120
Home Depot Inc. COM 437076102 9,203 59,995 SH   SOLE   0 0 59,995
Honeywell Intl. COM 438516106 3,066 23,001 SH   SOLE   0 0 23,001
Intel Corp. COM 458140100 10,630 315,049 SH   SOLE   0 0 315,049
International Business Machine COM 459200101 4,306 27,991 SH   SOLE   0 0 27,991
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,599 17,494 SH   SOLE   0 0 17,494
Johnson & Johnson COM 478160104 14,511 109,691 SH   SOLE   0 0 109,691
KKR & Company LP COM 48248M102 449 24,125 SH   SOLE   0 0 24,125
Kimberly-Clark Corp. COM 494368103 395 3,058 SH   SOLE   0 0 3,058
Kraft Heinz Company COM 500754106 5,442 63,541 SH   SOLE   0 0 63,541
L3 Technologies, Inc. COM 502413107 544 3,256 SH   SOLE   0 0 3,256
Leucadia Natl Corp COM 527288104 6,263 239,404 SH   SOLE   0 0 239,404
Level 3 Commun COM 52729N308 34,642 584,184 SH   SOLE   0 0 584,184
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 18,158 387,915 SH   SOLE   0 0 387,915
Lowes Companies COM 548661107 7,891 101,782 SH   SOLE   0 0 101,782
McCormick COM 579780206 1,484 15,215 SH   SOLE   0 0 15,215
McDonalds Corp. COM 580135101 3,882 25,349 SH   SOLE   0 0 25,349
Medtronic PLC COM G5960L103 4,967 55,971 SH   SOLE   0 0 55,971
Merck & Company Inc. COM 58933y105 6,315 98,537 SH   SOLE   0 0 98,537
Microsoft Corp. COM 594918104 8,195 118,896 SH   SOLE   0 0 118,896
Mondelez Int'l Inc COM 609207105 14,393 333,255 SH   SOLE   0 0 333,255
Morgan Stanley COM 617446448 387 8,685 SH   SOLE   0 0 8,685
National Health Invstrs COM 63633d104 13,821 174,510 SH   SOLE   0 0 174,510
National Healthcare COM 635906100 521 7,433 SH   SOLE   0 0 7,433
Nestle SA Sponsored Reg COM 641069406 368 4,228 SH   SOLE   0 0 4,228
NextEra Energy, Inc. COM 65339f101 380 2,711 SH   SOLE   0 0 2,711
Nike COM 654106103 352 5,961 SH   SOLE   0 0 5,961
Norfolk Southern Corp. COM 655844108 279 2,293 SH   SOLE   0 0 2,293
Novartis AG COM 66987v109 823 9,855 SH   SOLE   0 0 9,855
Oracle COM 68389x105 2,968 59,193 SH   SOLE   0 0 59,193
Overstock COM 690370101 9,910 608,000 SH   SOLE   0 0 608,000
Owens Corning COM 690742101 1,054 15,756 SH   SOLE   0 0 15,756
Owens Illinois Inc New COM 690768403 11,177 467,261 SH   SOLE   0 0 467,261
Pan American Silver COM 697900108 168 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 14,530 822,780 SH   SOLE   0 0 822,780
PepsiCo Inc. COM 713448108 2,644 22,891 SH   SOLE   0 0 22,891
Pfizer Inc. COM 717081103 5,822 173,329 SH   SOLE   0 0 173,329
Philip Morris Intl COM 718172109 8,721 74,250 SH   SOLE   0 0 74,250
Phillips 66 COM 718546104 1,238 14,972 SH   SOLE   0 0 14,972
Pico Holdings COM 693366205 621 35,500 SH   SOLE   0 0 35,500
Pinnacle Financial Partners COM 72346q104 8,097 128,933 SH   SOLE   0 0 128,933
Procter & Gamble Co. COM 742718109 12,574 144,285 SH   SOLE   0 0 144,285
Regions Financial Corp. COM 7591ep100 1,644 112,312 SH   SOLE   0 0 112,312
Republic Services Inc. COM 760759100 7,278 114,197 SH   SOLE   0 0 114,197
Roche Holdings COM 771195104 2,673 84,058 SH   SOLE   0 0 84,058
Royal Dutch Shell Cl B COM 780259107 771 14,167 SH   SOLE   0 0 14,167
S & P 500 Index Depository Rec COM 78462F103 2,730 11,291 SH   SOLE   0 0 11,291
Schlumberger Ltd. COM 806857108 8,947 135,891 SH   SOLE   0 0 135,891
Scripps Networks Interactive, COM 811065101 2,069 30,295 SH   SOLE   0 0 30,295
Select Basic Materials Sector COM 81369y100 1,552 28,841 SH   SOLE   0 0 28,841
Southwest Airlines Co. COM 844741108 5,082 81,788 SH   SOLE   0 0 81,788
Starbucks Corp. COM 855244109 3,428 58,796 SH   SOLE   0 0 58,796
Stryker COM 863667101 273 1,966 SH   SOLE   0 0 1,966
SunCoke Energy COM 86722A103 360 33,000 SH   SOLE   0 0 33,000
SunTrust Banks Inc. COM 867914103 2,291 40,383 SH   SOLE   0 0 40,383
Sysco Corp. COM 871829107 8,279 164,499 SH   SOLE   0 0 164,499
TE Connectivity Ltd COM H84989104 307 3,899 SH   SOLE   0 0 3,899
TEGNA, Inc. COM 87901j105 8,931 619,779 SH   SOLE   0 0 619,779
TJX Companies, Inc. COM 872540109 705 9,769 SH   SOLE   0 0 9,769
Tejon Ranch Co. COM 879080109 289 14,000 SH   SOLE   0 0 14,000
Travelers Inc. COM 89417e109 832 6,574 SH   SOLE   0 0 6,574
Twenty-First Cent Fox Inc. Cl COM 90130A101 2,890 101,973 SH   SOLE   0 0 101,973
Twenty-First Cent Fox Inc. Cl COM 90130A200 3,020 108,370 SH   SOLE   0 0 108,370
US Bancorp COM 902973304 634 12,203 SH   SOLE   0 0 12,203
United Parcel Svc. Cl B COM 911312106 5,037 45,550 SH   SOLE   0 0 45,550
United Rentals, Inc. COM 911363109 3,413 30,277 SH   SOLE   0 0 30,277
United Technologies COM 913017109 10,999 90,071 SH   SOLE   0 0 90,071
Valero Energy Corp. COM 91913y100 1,225 18,159 SH   SOLE   0 0 18,159
Vanguard Emerging Markets ETF COM 922042858 2,386 58,427 SH   SOLE   0 0 58,427
Vanguard Large-Cap Exchanged T COM 922908637 921 8,300 SH   SOLE   0 0 8,300
Vanguard Mid-Cap Exchange Trad COM 922908629 408 2,865 SH   SOLE   0 0 2,865
Vanguard Small-Cap VIPERs COM 922908751 738 5,444 SH   SOLE   0 0 5,444
Verizon Comm. COM 92343v104 3,657 81,896 SH   SOLE   0 0 81,896
Vodafone Group PLC ADS COM 92857w308 649 22,587 SH   SOLE   0 0 22,587
Vulcan Materials COM 929160109 1,669 13,175 SH   SOLE   0 0 13,175
Wal-Mart Stores Inc. COM 931142103 6,958 91,934 SH   SOLE   0 0 91,934
Walgreens Boots Alliance, Inc. COM 931427108 300 3,837 SH   SOLE   0 0 3,837
Walt Disney Co. COM 254687106 11,391 107,211 SH   SOLE   0 0 107,211
Wells Fargo & Co. COM 949746101 5,072 91,542 SH   SOLE   0 0 91,542
Western Union COM 959802109 552 28,975 SH   SOLE   0 0 28,975
White Mountain Ins COM G9618E107 4,167 4,797 SH   SOLE   0 0 4,797
Whole Foods Market COM 966837106 2,352 55,860 SH   SOLE   0 0 55,860
Zimmer Biomet Holdings, Inc. COM 98956p102 1,412 10,998 SH   SOLE   0 0 10,998
Zoetis, Inc. COM 98978v103 4,114 65,955 SH   SOLE   0 0 65,955
iShares DJ Select Dividend Ind COM 464287168 407 4,415 SH   SOLE   0 0 4,415
iShares FTSE China 25 Index Fu COM 464287184 1,862 46,900 SH   SOLE   0 0 46,900
iShares MSCI EAFE Index Fund COM 464287465 523 8,015 SH   SOLE   0 0 8,015
iShares MSCI Emerging Markets COM 464287234 999 24,137 SH   SOLE   0 0 24,137
iShares MSCI Pacific Rim COM 464286665 991 22,286 SH   SOLE   0 0 22,286
iShares MidCap 400 COM 464287507 264 1,518 SH   SOLE   0 0 1,518
iShares Russell 1000 Index ETF COM 464287622 933 6,895 SH   SOLE   0 0 6,895
iShares Russell Mid-Cap Index COM 464287499 400 2,083 SH   SOLE   0 0 2,083
iShares S&P 500 Core Index ETF COM 464287200 429 1,763 SH   SOLE   0 0 1,763
iShares S&P SmallCap 600 Index COM 464287804 3,438 49,035 SH   SOLE   0 0 49,035