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 2,321 11,798 SH   SOLE   0 0 11,798
ADT, Inc. COM 00090Q103 1,617 186,985 SH   SOLE   0 0 186,985
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 6,372 198,430 SH   SOLE   0 0 198,430
AbbVie, Inc. COM 00287y109 1,240 13,381 SH   SOLE   0 0 13,381
Abbott Laboratories COM 002824100 3,541 58,053 SH   SOLE   0 0 58,053
Accenture Ltd COM g1151c101 28,351 173,303 SH   SOLE   0 0 173,303
AllState Corp. COM 020002101 714 7,826 SH   SOLE   0 0 7,826
Alphabet Inc. Class A COM 02079k305 671 594 SH   SOLE   0 0 594
Alphabet Inc. Class C COM 02079k107 9,925 8,896 SH   SOLE   0 0 8,896
Altria Group, Inc. COM 02209s103 3,100 54,589 SH   SOLE   0 0 54,589
Amazon.com COM 023135106 16,265 9,569 SH   SOLE   0 0 9,569
American Airlines Grp COM 02376R102 1,264 33,295 SH   SOLE   0 0 33,295
American Express Co. COM 025816109 727 7,419 SH   SOLE   0 0 7,419
American Int'l Group COM 026874784 2,704 51,003 SH   SOLE   0 0 51,003
Amgen Inc. COM 031162100 6,599 35,751 SH   SOLE   0 0 35,751
Apache Corp. COM 037411105 4,204 89,922 SH   SOLE   0 0 89,922
Apple Computer COM 037833100 26,900 145,318 SH   SOLE   0 0 145,318
BP PLC COM 055622104 3,458 75,733 SH   SOLE   0 0 75,733
Banco LatinoAmericano COM P16994132 15,295 621,497 SH   SOLE   0 0 621,497
BankAmerica Corp. COM 060505104 1,148 40,731 SH   SOLE   0 0 40,731
Berkshire Hathaway 'A' COM 084670108 1,410 5 SH   SOLE   0 0 5
Berkshire Hathaway 'B' COM 084670702 97,018 519,787 SH   SOLE   0 0 519,787
Boardwalk Pipeline Prtnrs LP COM 096627104 4,928 424,061 SH   SOLE   0 0 424,061
Boeing Co. COM 097023105 798 2,379 SH   SOLE   0 0 2,379
Bristol Myers Squibb COM 110122108 2,509 45,341 SH   SOLE   0 0 45,341
Brookdale Sr Living Inc COM 112463104 8,904 979,555 SH   SOLE   0 0 979,555
Brookfield Pptys Part COM G16249107 361 19,000 SH   SOLE   0 0 19,000
CA Inc COM 12673p105 301 8,445 SH   SOLE   0 0 8,445
CVS Health Corp. COM 126650100 3,038 47,212 SH   SOLE   0 0 47,212
Cable One Inc COM 12685j105 1,637 2,233 SH   SOLE   0 0 2,233
Cars.com Inc. COM 14575E105 3,418 120,393 SH   SOLE   0 0 120,393
Caterpillar Inc. COM 149123101 8,201 60,448 SH   SOLE   0 0 60,448
Celgene Corp. COM 151020104 1,599 20,128 SH   SOLE   0 0 20,128
CenturyLink Inc. COM 156700106 21,137 1,133,939 SH   SOLE   0 0 1,133,939
Chevron Corp. COM 166764100 2,248 17,783 SH   SOLE   0 0 17,783
Cisco Systems Inc. COM 17275R102 6,134 142,547 SH   SOLE   0 0 142,547
Coca Cola Co. COM 191216100 2,744 62,571 SH   SOLE   0 0 62,571
Comcast Corp. - Class A COM 20030n101 5,303 161,628 SH   SOLE   0 0 161,628
ConocoPhillips COM 20825c104 344 4,941 SH   SOLE   0 0 4,941
CoreCivic, Inc. COM 21871N101 29,912 1,252,078 SH   SOLE   0 0 1,252,078
Cracker Barrel Old Country Sto COM 22410J106 208 1,330 SH   SOLE   0 0 1,330
DXC Technology Co. COM 23355l106 3,955 49,067 SH   SOLE   0 0 49,067
Danaher Corp. COM 235851102 404 4,092 SH   SOLE   0 0 4,092
Darden Restaurants, Inc. COM 237194105 689 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 7,284 147,034 SH   SOLE   0 0 147,034
Dentsply Sirona Inc. COM 24906P109 1,213 27,719 SH   SOLE   0 0 27,719
Diageo PLC COM 25243Q205 3,738 25,958 SH   SOLE   0 0 25,958
Discovery Communications Inc. COM 25470F302 588 23,062 SH   SOLE   0 0 23,062
Dominion Resources, Inc. COM 25746u109 2,013 29,530 SH   SOLE   0 0 29,530
DowDuPont, Inc. COM 26078J100 399 6,056 SH   SOLE   0 0 6,056
Duke Energy Corp. COM 26441c204 3,542 44,788 SH   SOLE   0 0 44,788
Equity Commonwealth COM 294628102 10,690 339,350 SH   SOLE   0 0 339,350
Express Scripts, Inc. COM 30219g108 1,254 16,236 SH   SOLE   0 0 16,236
Exxon Mobil Corp. COM 30231G102 14,454 174,714 SH   SOLE   0 0 174,714
Facebook, Inc. COM 30303m102 364 1,873 SH   SOLE   0 0 1,873
Fairfax Financial Hld COM 303901102 81,153 144,771 SH   SOLE   0 0 144,771
FedEx Corp. COM 31428X106 12,449 54,827 SH   SOLE   0 0 54,827
First Data Corp. COM 32008D106 795 38,000 SH   SOLE   0 0 38,000
Gannett Co. Inc. COM 36473H104 1,749 163,480 SH   SOLE   0 0 163,480
General Electric Co. COM 369604103 1,986 145,928 SH   SOLE   0 0 145,928
General Mills Inc. COM 370334104 1,000 22,590 SH   SOLE   0 0 22,590
Goldman Sachs Group COM 38141g104 2,619 11,873 SH   SOLE   0 0 11,873
Graham Holdings Co COM 384637104 1,367 2,333 SH   SOLE   0 0 2,333
HCA Healthcare, Inc. COM 40412C101 55,166 537,681 SH   SOLE   0 0 537,681
HCP Inc COM 40414L109 2,242 86,850 SH   SOLE   0 0 86,850
HP Inc. COM 40434l105 272 11,995 SH   SOLE   0 0 11,995
Halliburton Inc. COM 406216101 10,252 227,513 SH   SOLE   0 0 227,513
HealthStream Inc. COM 42222n103 371 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 175 11,995 SH   SOLE   0 0 11,995
Home Depot Inc. COM 437076102 10,736 55,028 SH   SOLE   0 0 55,028
Honeywell Intl. COM 438516106 3,232 22,440 SH   SOLE   0 0 22,440
Intel Corp. COM 458140100 11,995 241,307 SH   SOLE   0 0 241,307
International Business Machine COM 459200101 3,293 23,569 SH   SOLE   0 0 23,569
J M Smucker Company COM 832696405 806 7,502 SH   SOLE   0 0 7,502
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,985 19,048 SH   SOLE   0 0 19,048
Jefferies Financial Group, Inc COM 47233W109 5,131 225,651 SH   SOLE   0 0 225,651
Johnson & Johnson COM 478160104 12,490 102,936 SH   SOLE   0 0 102,936
KKR & Co., Inc. Cl A COM 48251w104 596 24,000 SH   SOLE   0 0 24,000
Kimberly-Clark Corp. COM 494368103 271 2,577 SH   SOLE   0 0 2,577
Kraft Heinz Company COM 500754106 2,485 39,562 SH   SOLE   0 0 39,562
L3 Technologies, Inc. COM 502413107 593 3,083 SH   SOLE   0 0 3,083
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 16,224 336,046 SH   SOLE   0 0 336,046
Lowes Companies COM 548661107 12,074 126,333 SH   SOLE   0 0 126,333
Marathon Petroleum Corp. COM 56585a102 270 3,843 SH   SOLE   0 0 3,843
McCormick COM 579780206 265 2,279 SH   SOLE   0 0 2,279
McDonalds Corp. COM 580135101 3,881 24,771 SH   SOLE   0 0 24,771
Medtronic PLC COM G5960L103 5,277 61,642 SH   SOLE   0 0 61,642
Merck & Company Inc. COM 58933y105 6,750 111,197 SH   SOLE   0 0 111,197
Microsoft Corp. COM 594918104 11,025 111,803 SH   SOLE   0 0 111,803
Mondelez Int'l Inc COM 609207105 14,049 342,653 SH   SOLE   0 0 342,653
Morgan Stanley COM 617446448 410 8,650 SH   SOLE   0 0 8,650
National Health Invstrs COM 63633d104 11,156 151,406 SH   SOLE   0 0 151,406
Nestle SA Sponsored Reg COM 641069406 285 3,680 SH   SOLE   0 0 3,680
NextEra Energy, Inc. COM 65339f101 325 1,948 SH   SOLE   0 0 1,948
Nike COM 654106103 476 5,977 SH   SOLE   0 0 5,977
Norfolk Southern Corp. COM 655844108 346 2,292 SH   SOLE   0 0 2,292
Northwest Biotherapeutics, Inc COM 66737P600 5 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 722 9,564 SH   SOLE   0 0 9,564
Nvidia Corp COM 67066G104 350 1,477 SH   SOLE   0 0 1,477
Oracle COM 68389x105 3,558 80,745 SH   SOLE   0 0 80,745
Overstock COM 690370101 16,704 496,400 SH   SOLE   0 0 496,400
Owens Corning COM 690742101 953 15,038 SH   SOLE   0 0 15,038
Owens Illinois Inc New COM 690768403 7,359 437,746 SH   SOLE   0 0 437,746
Pan American Silver COM 697900108 179 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 12,457 688,594 SH   SOLE   0 0 688,594
PepsiCo Inc. COM 713448108 2,347 21,555 SH   SOLE   0 0 21,555
Perspecta, Inc. COM 715347100 311 15,116 SH   SOLE   0 0 15,116
Pfizer Inc. COM 717081103 6,184 170,452 SH   SOLE   0 0 170,452
Philip Morris Intl COM 718172109 6,761 83,736 SH   SOLE   0 0 83,736
Phillips 66 COM 718546104 1,561 13,899 SH   SOLE   0 0 13,899
Pico Holdings COM 693366205 390 33,500 SH   SOLE   0 0 33,500
Pinnacle Financial Partners COM 72346q104 10,417 169,803 SH   SOLE   0 0 169,803
Procter & Gamble Co. COM 742718109 11,745 150,460 SH   SOLE   0 0 150,460
Raytheon Co. COM 755111507 259 1,339 SH   SOLE   0 0 1,339
Regions Financial Corp. COM 7591ep100 1,748 98,315 SH   SOLE   0 0 98,315
Republic Services Inc. COM 760759100 7,246 106,001 SH   SOLE   0 0 106,001
Roche Holdings COM 771195104 950 34,374 SH   SOLE   0 0 34,374
Royal Dutch Shell Cl B COM 780259107 1,441 19,833 SH   SOLE   0 0 19,833
S & P 500 Index Depository Rec COM 78462F103 949 3,499 SH   SOLE   0 0 3,499
Schlumberger Ltd. COM 806857108 7,784 116,124 SH   SOLE   0 0 116,124
Select Basic Materials Sector COM 81369y100 1,583 27,261 SH   SOLE   0 0 27,261
Seritage Growth Ppt COM 81752R100 9,424 222,100 SH   SOLE   0 0 222,100
Southwest Airlines Co. COM 844741108 4,456 87,584 SH   SOLE   0 0 87,584
Starbucks Corp. COM 855244109 3,293 67,410 SH   SOLE   0 0 67,410
Stryker COM 863667101 334 1,976 SH   SOLE   0 0 1,976
SunCoke Energy COM 86722A103 335 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 2,581 39,087 SH   SOLE   0 0 39,087
Sysco Corp. COM 871829107 10,558 154,599 SH   SOLE   0 0 154,599
TE Connectivity Ltd COM H84989104 314 3,482 SH   SOLE   0 0 3,482
TEGNA, Inc. COM 87901j105 5,576 513,924 SH   SOLE   0 0 513,924
TJX Companies, Inc. COM 872540109 937 9,847 SH   SOLE   0 0 9,847
Tapestry, Inc. COM 876030107 4,105 87,890 SH   SOLE   0 0 87,890
Tejon Ranch Co. COM 879080109 1,154 47,500 SH   SOLE   0 0 47,500
Total System Services COM 891906109 211 2,500 SH   SOLE   0 0 2,500
Travelers Inc. COM 89417e109 1,828 14,939 SH   SOLE   0 0 14,939
Twenty-First Cent Fox Inc. Cl COM 90130A101 4,393 88,400 SH   SOLE   0 0 88,400
Twenty-First Cent Fox Inc. Cl COM 90130A200 4,829 98,020 SH   SOLE   0 0 98,020
US Bancorp COM 902973304 620 12,398 SH   SOLE   0 0 12,398
Union Pacific Corp. COM 907818108 267 1,888 SH   SOLE   0 0 1,888
United Parcel Svc. Cl B COM 911312106 5,153 48,503 SH   SOLE   0 0 48,503
United Rentals, Inc. COM 911363109 4,267 28,907 SH   SOLE   0 0 28,907
United Technologies COM 913017109 12,230 97,818 SH   SOLE   0 0 97,818
Valero Energy Corp. COM 91913y100 2,014 18,169 SH   SOLE   0 0 18,169
Vanguard Emerging Markets ETF COM 922042858 2,708 64,168 SH   SOLE   0 0 64,168
Vanguard Large-Cap Exchanged T COM 922908637 944 7,570 SH   SOLE   0 0 7,570
Vanguard Mid-Cap Exchange Trad COM 922908629 501 3,180 SH   SOLE   0 0 3,180
Vanguard REIT ETF COM 922908553 285 3,500 SH   SOLE   0 0 3,500
Vanguard Small-Cap VIPERs COM 922908751 731 4,694 SH   SOLE   0 0 4,694
Verizon Comm. COM 92343v104 2,761 54,886 SH   SOLE   0 0 54,886
Vodafone Group PLC ADS COM 92857w308 441 18,144 SH   SOLE   0 0 18,144
Vulcan Materials COM 929160109 1,636 12,675 SH   SOLE   0 0 12,675
Wal-Mart Stores Inc. COM 931142103 7,832 91,441 SH   SOLE   0 0 91,441
Walgreens Boots Alliance, Inc. COM 931427108 215 3,576 SH   SOLE   0 0 3,576
Walt Disney Co. COM 254687106 11,665 111,298 SH   SOLE   0 0 111,298
Wells Fargo & Co. COM 949746101 4,723 85,194 SH   SOLE   0 0 85,194
White Mountain Ins COM G9618E107 4,265 4,704 SH   SOLE   0 0 4,704
Zimmer Biomet Holdings, Inc. COM 98956p102 2,086 18,721 SH   SOLE   0 0 18,721
Zoetis, Inc. COM 98978v103 4,975 58,402 SH   SOLE   0 0 58,402
iShares DJ Select Dividend Ind COM 464287168 406 4,155 SH   SOLE   0 0 4,155
iShares FTSE China 25 Index Fu COM 464287184 2,009 46,750 SH   SOLE   0 0 46,750
iShares MSCI EAFE Index Fund COM 464287465 762 11,375 SH   SOLE   0 0 11,375
iShares MSCI Emerging Markets COM 464287234 1,093 25,235 SH   SOLE   0 0 25,235
iShares MSCI Pacific Rim COM 464286665 1,028 22,336 SH   SOLE   0 0 22,336
iShares MidCap 400 COM 464287507 324 1,665 SH   SOLE   0 0 1,665
iShares Russell 1000 Index ETF COM 464287622 973 6,400 SH   SOLE   0 0 6,400
iShares Russell Mid-Cap Index COM 464287499 432 2,038 SH   SOLE   0 0 2,038
iShares Russell Value Index COM 464287598 1,111 9,151 SH   SOLE   0 0 9,151
iShares S&P 500 Core Index ETF COM 464287200 384 1,406 SH   SOLE   0 0 1,406
iShares S&P SmallCap 600 Index COM 464287804 3,792 45,440 SH   SOLE   0 0 45,440
iShares TR Russell 1000 Growth COM 464287614 1,361 9,462 SH   SOLE   0 0 9,462