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 2,398 11,379 SH   SOLE   0 0 11,379
ADT, Inc. COM 00090Q103 2,334 248,555 SH   SOLE   0 0 248,555
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 6,209 184,909 SH   SOLE   0 0 184,909
AbbVie, Inc. COM 00287y109 1,294 13,686 SH   SOLE   0 0 13,686
Abbott Laboratories COM 002824100 4,232 57,692 SH   SOLE   0 0 57,692
Accenture Ltd COM g1151c101 28,756 168,953 SH   SOLE   0 0 168,953
Agnico Eagle Mines Ltd. COM 008474108 6,047 176,800 SH   SOLE   0 0 176,800
AllState Corp. COM 020002101 771 7,815 SH   SOLE   0 0 7,815
Alphabet Inc. Class A COM 02079k305 715 592 SH   SOLE   0 0 592
Alphabet Inc. Class C COM 02079k107 10,372 8,691 SH   SOLE   0 0 8,691
Altria Group, Inc. COM 02209s103 3,274 54,289 SH   SOLE   0 0 54,289
Amazon.com COM 023135106 18,191 9,082 SH   SOLE   0 0 9,082
American Airlines Grp COM 02376R102 1,506 36,428 SH   SOLE   0 0 36,428
American Express Co. COM 025816109 770 7,231 SH   SOLE   0 0 7,231
American Int'l Group COM 026874784 2,258 42,411 SH   SOLE   0 0 42,411
Amgen Inc. COM 031162100 7,347 35,445 SH   SOLE   0 0 35,445
Apache Corp. COM 037411105 3,870 81,177 SH   SOLE   0 0 81,177
Apple Computer COM 037833100 32,288 143,032 SH   SOLE   0 0 143,032
BP PLC COM 055622104 3,313 71,868 SH   SOLE   0 0 71,868
Banco LatinoAmericano COM P16994132 13,033 623,008 SH   SOLE   0 0 623,008
BankAmerica Corp. COM 060505104 970 32,912 SH   SOLE   0 0 32,912
Berkshire Hathaway 'A' COM 084670108 1,280 4 SH   SOLE   0 0 4
Berkshire Hathaway 'B' COM 084670702 108,839 508,330 SH   SOLE   0 0 508,330
Boeing Co. COM 097023105 768 2,066 SH   SOLE   0 0 2,066
Bristol Myers Squibb COM 110122108 2,807 45,216 SH   SOLE   0 0 45,216
Brookdale Sr Living Inc COM 112463104 8,648 879,750 SH   SOLE   0 0 879,750
Brookfield Asset Management COM 112585104 7,062 158,600 SH   SOLE   0 0 158,600
Brookfield Pptys Part COM G16249107 397 19,000 SH   SOLE   0 0 19,000
CSX Corp. COM 126408103 213 2,875 SH   SOLE   0 0 2,875
CVS Health Corp. COM 126650100 3,534 44,899 SH   SOLE   0 0 44,899
Cable One Inc COM 12685j105 1,885 2,133 SH   SOLE   0 0 2,133
Cars.com Inc. COM 14575E105 3,303 119,647 SH   SOLE   0 0 119,647
Caterpillar Inc. COM 149123101 9,241 60,598 SH   SOLE   0 0 60,598
Celgene Corp. COM 151020104 1,646 18,390 SH   SOLE   0 0 18,390
CenturyLink Inc. COM 156700106 24,696 1,164,907 SH   SOLE   0 0 1,164,907
Chevron Corp. COM 166764100 2,162 17,682 SH   SOLE   0 0 17,682
Cisco Systems Inc. COM 17275R102 6,814 140,066 SH   SOLE   0 0 140,066
Citigroup Inc. COM 172967424 213 2,967 SH   SOLE   0 0 2,967
Coca Cola Co. COM 191216100 2,846 61,621 SH   SOLE   0 0 61,621
Colgate Palmolive Co. COM 194162103 203 3,031 SH   SOLE   0 0 3,031
Comcast Corp. - Class A COM 20030n101 5,635 159,123 SH   SOLE   0 0 159,123
ConocoPhillips COM 20825c104 385 4,978 SH   SOLE   0 0 4,978
CoreCivic, Inc. COM 21871N101 29,580 1,215,790 SH   SOLE   0 0 1,215,790
DXC Technology Co. COM 23355l106 4,516 48,292 SH   SOLE   0 0 48,292
Danaher Corp. COM 235851102 445 4,092 SH   SOLE   0 0 4,092
Darden Restaurants, Inc. COM 237194105 716 6,440 SH   SOLE   0 0 6,440
Delta Airlines Inc. COM 247361702 8,621 149,071 SH   SOLE   0 0 149,071
Diageo PLC COM 25243Q205 3,918 27,659 SH   SOLE   0 0 27,659
Discovery Communications Inc. COM 25470F302 682 23,062 SH   SOLE   0 0 23,062
Dominion Resources, Inc. COM 25746u109 2,065 29,380 SH   SOLE   0 0 29,380
DowDuPont, Inc. COM 26078J100 393 6,112 SH   SOLE   0 0 6,112
Duke Energy Corp. COM 26441c204 3,504 43,794 SH   SOLE   0 0 43,794
Equity Commonwealth COM 294628102 11,396 355,138 SH   SOLE   0 0 355,138
Express Scripts, Inc. COM 30219g108 1,517 15,964 SH   SOLE   0 0 15,964
Exxon Mobil Corp. COM 30231G102 14,868 174,872 SH   SOLE   0 0 174,872
Facebook, Inc. COM 30303m102 564 3,427 SH   SOLE   0 0 3,427
Fairfax Financial Hld COM 303901102 78,370 144,324 SH   SOLE   0 0 144,324
FedEx Corp. COM 31428X106 13,299 55,232 SH   SOLE   0 0 55,232
First Data Corp. COM 32008D106 930 38,000 SH   SOLE   0 0 38,000
Gannett Co. Inc. COM 36473H104 1,636 163,480 SH   SOLE   0 0 163,480
General Electric Co. COM 369604103 1,864 165,070 SH   SOLE   0 0 165,070
General Mills Inc. COM 370334104 970 22,590 SH   SOLE   0 0 22,590
Genomic Health Inc. COM 37244C101 211 3,000 SH   SOLE   0 0 3,000
Goldman Sachs Group COM 38141g104 3,058 13,635 SH   SOLE   0 0 13,635
Graham Holdings Co COM 384637104 1,294 2,233 SH   SOLE   0 0 2,233
HCA Healthcare, Inc. COM 40412C101 72,906 524,051 SH   SOLE   0 0 524,051
HCP Inc COM 40414L109 2,257 85,751 SH   SOLE   0 0 85,751
HP Inc. COM 40434l105 309 11,995 SH   SOLE   0 0 11,995
Halliburton Inc. COM 406216101 9,257 228,387 SH   SOLE   0 0 228,387
HealthStream Inc. COM 42222n103 422 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 196 11,995 SH   SOLE   0 0 11,995
Home Depot Inc. COM 437076102 11,195 54,043 SH   SOLE   0 0 54,043
Honeywell Intl. COM 438516106 3,645 21,902 SH   SOLE   0 0 21,902
Intel Corp. COM 458140100 11,626 245,852 SH   SOLE   0 0 245,852
International Business Machine COM 459200101 3,451 22,819 SH   SOLE   0 0 22,819
J M Smucker Company COM 832696405 770 7,502 SH   SOLE   0 0 7,502
J. P. Morgan Chase & Co. Inc. COM 46625h100 1,714 15,193 SH   SOLE   0 0 15,193
Jefferies Financial Group, Inc COM 47233W109 4,779 217,608 SH   SOLE   0 0 217,608
Johnson & Johnson COM 478160104 14,033 101,564 SH   SOLE   0 0 101,564
KKR & Co., Inc. Cl A COM 48251w104 616 22,600 SH   SOLE   0 0 22,600
Kimberly-Clark Corp. COM 494368103 285 2,508 SH   SOLE   0 0 2,508
Kraft Heinz Company COM 500754106 2,523 45,789 SH   SOLE   0 0 45,789
L3 Technologies, Inc. COM 502413107 656 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 16,608 330,631 SH   SOLE   0 0 330,631
Lowes Companies COM 548661107 13,849 120,617 SH   SOLE   0 0 120,617
Marathon Petroleum Corp. COM 56585a102 299 3,743 SH   SOLE   0 0 3,743
McCormick COM 579780206 294 2,229 SH   SOLE   0 0 2,229
McDonalds Corp. COM 580135101 4,000 23,908 SH   SOLE   0 0 23,908
Medtronic PLC COM G5960L103 5,876 59,736 SH   SOLE   0 0 59,736
Merck & Company Inc. COM 58933y105 7,758 109,365 SH   SOLE   0 0 109,365
Microsoft Corp. COM 594918104 12,708 111,116 SH   SOLE   0 0 111,116
Mondelez Int'l Inc COM 609207105 14,915 347,188 SH   SOLE   0 0 347,188
Morgan Stanley COM 617446448 403 8,650 SH   SOLE   0 0 8,650
National Health Invstrs COM 63633d104 10,991 145,406 SH   SOLE   0 0 145,406
Nestle SA Sponsored Reg COM 641069406 258 3,080 SH   SOLE   0 0 3,080
NextEra Energy, Inc. COM 65339f101 338 2,019 SH   SOLE   0 0 2,019
Nike COM 654106103 417 4,927 SH   SOLE   0 0 4,927
Norfolk Southern Corp. COM 655844108 426 2,361 SH   SOLE   0 0 2,361
Northwest Biotherapeutics, Inc COM 66737P600 4 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 796 9,236 SH   SOLE   0 0 9,236
Nvidia Corp COM 67066G104 415 1,477 SH   SOLE   0 0 1,477
Oracle COM 68389x105 4,006 77,694 SH   SOLE   0 0 77,694
Overstock COM 690370101 13,903 501,900 SH   SOLE   0 0 501,900
Owens Corning COM 690742101 802 14,778 SH   SOLE   0 0 14,778
Owens Illinois Inc New COM 690768403 9,261 492,866 SH   SOLE   0 0 492,866
Pan American Silver COM 697900108 148 10,000 SH   SOLE   0 0 10,000
Peoples United Fncl COM 712704105 10,898 636,594 SH   SOLE   0 0 636,594
PepsiCo Inc. COM 713448108 2,353 21,043 SH   SOLE   0 0 21,043
Perspecta, Inc. COM 715347100 340 13,205 SH   SOLE   0 0 13,205
Pfizer Inc. COM 717081103 7,322 166,134 SH   SOLE   0 0 166,134
Philip Morris Intl COM 718172109 6,877 84,338 SH   SOLE   0 0 84,338
Phillips 66 COM 718546104 1,459 12,946 SH   SOLE   0 0 12,946
Pico Holdings COM 693366205 420 33,500 SH   SOLE   0 0 33,500
Pinnacle Financial Partners COM 72346q104 11,043 183,583 SH   SOLE   0 0 183,583
Procter & Gamble Co. COM 742718109 12,257 147,270 SH   SOLE   0 0 147,270
Raytheon Co. COM 755111507 246 1,189 SH   SOLE   0 0 1,189
Regions Financial Corp. COM 7591ep100 1,811 98,690 SH   SOLE   0 0 98,690
Republic Services Inc. COM 760759100 7,374 101,486 SH   SOLE   0 0 101,486
Roche Holdings COM 771195104 855 28,357 SH   SOLE   0 0 28,357
Royal Dutch Shell Cl B COM 780259107 1,304 18,390 SH   SOLE   0 0 18,390
S & P 500 Index Depository Rec COM 78462F103 1,061 3,649 SH   SOLE   0 0 3,649
SPDR Utilities Select COM 81369Y886 1,068 20,291 SH   SOLE   0 0 20,291
Schlumberger Ltd. COM 806857108 7,054 115,784 SH   SOLE   0 0 115,784
Select Basic Materials Sector COM 81369y100 1,560 26,926 SH   SOLE   0 0 26,926
Seritage Growth Ppt COM 81752R100 10,405 219,100 SH   SOLE   0 0 219,100
Southwest Airlines Co. COM 844741108 5,253 84,114 SH   SOLE   0 0 84,114
Starbucks Corp. COM 855244109 3,137 55,187 SH   SOLE   0 0 55,187
Stryker COM 863667101 351 1,976 SH   SOLE   0 0 1,976
SunCoke Energy COM 86722A103 290 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 2,606 39,012 SH   SOLE   0 0 39,012
Sysco Corp. COM 871829107 11,009 150,299 SH   SOLE   0 0 150,299
TE Connectivity Ltd COM H84989104 306 3,482 SH   SOLE   0 0 3,482
TEGNA, Inc. COM 87901j105 5,767 482,216 SH   SOLE   0 0 482,216
TJX Companies, Inc. COM 872540109 1,100 9,820 SH   SOLE   0 0 9,820
Tapestry, Inc. COM 876030107 4,244 84,430 SH   SOLE   0 0 84,430
Tejon Ranch Co. COM 879080109 1,031 47,500 SH   SOLE   0 0 47,500
Teladoc, Inc. COM 87918a105 204 2,367 SH   SOLE   0 0 2,367
Teledyne Technologies Inc. COM 879360105 209 847 SH   SOLE   0 0 847
Total System Services COM 891906109 247 2,500 SH   SOLE   0 0 2,500
Travelers Inc. COM 89417e109 1,777 13,699 SH   SOLE   0 0 13,699
Twenty-First Cent Fox Inc. Cl COM 90130A101 3,867 83,458 SH   SOLE   0 0 83,458
Twenty-First Cent Fox Inc. Cl COM 90130A200 4,385 95,710 SH   SOLE   0 0 95,710
US Bancorp COM 902973304 662 12,540 SH   SOLE   0 0 12,540
Union Pacific Corp. COM 907818108 281 1,726 SH   SOLE   0 0 1,726
United Parcel Svc. Cl B COM 911312106 5,564 47,655 SH   SOLE   0 0 47,655
United Rentals, Inc. COM 911363109 4,499 27,502 SH   SOLE   0 0 27,502
United Technologies COM 913017109 13,413 95,937 SH   SOLE   0 0 95,937
Valero Energy Corp. COM 91913y100 1,999 17,574 SH   SOLE   0 0 17,574
Vanguard Emerging Markets ETF COM 922042858 2,581 62,943 SH   SOLE   0 0 62,943
Vanguard Large-Cap Exchanged T COM 922908637 1,028 7,700 SH   SOLE   0 0 7,700
Vanguard Mid-Cap Exchange Trad COM 922908629 549 3,345 SH   SOLE   0 0 3,345
Vanguard REIT ETF COM 922908553 1,707 21,162 SH   SOLE   0 0 21,162
Vanguard Small-Cap VIPERs COM 922908751 763 4,694 SH   SOLE   0 0 4,694
Verizon Comm. COM 92343v104 2,604 48,772 SH   SOLE   0 0 48,772
Visa Inc COM 92826C839 216 1,440 SH   SOLE   0 0 1,440
Vodafone Group PLC ADS COM 92857w308 372 17,158 SH   SOLE   0 0 17,158
Vulcan Materials COM 929160109 1,409 12,675 SH   SOLE   0 0 12,675
Wal-Mart Stores Inc. COM 931142103 8,482 90,319 SH   SOLE   0 0 90,319
Walgreens Boots Alliance, Inc. COM 931427108 558 7,651 SH   SOLE   0 0 7,651
Walt Disney Co. COM 254687106 12,913 110,426 SH   SOLE   0 0 110,426
Wells Fargo & Co. COM 949746101 4,782 90,985 SH   SOLE   0 0 90,985
White Mountain Ins COM G9618E107 4,402 4,704 SH   SOLE   0 0 4,704
Zimmer Biomet Holdings, Inc. COM 98956p102 2,402 18,271 SH   SOLE   0 0 18,271
Zoetis, Inc. COM 98978v103 5,255 57,392 SH   SOLE   0 0 57,392
iShares DJ Select Dividend Ind COM 464287168 419 4,205 SH   SOLE   0 0 4,205
iShares FTSE China 25 Index Fu COM 464287184 1,993 46,550 SH   SOLE   0 0 46,550
iShares MSCI EAFE Index Fund COM 464287465 869 12,775 SH   SOLE   0 0 12,775
iShares MSCI Emerging Markets COM 464287234 992 23,110 SH   SOLE   0 0 23,110
iShares MSCI Pacific Rim COM 464286665 1,015 22,336 SH   SOLE   0 0 22,336
iShares MidCap 400 COM 464287507 335 1,665 SH   SOLE   0 0 1,665
iShares Russell 1000 Index ETF COM 464287622 1,014 6,270 SH   SOLE   0 0 6,270
iShares Russell Mid-Cap Index COM 464287499 449 2,038 SH   SOLE   0 0 2,038
iShares Russell Value Index COM 464287598 1,159 9,151 SH   SOLE   0 0 9,151
iShares S&P 500 Core Index ETF COM 464287200 438 1,496 SH   SOLE   0 0 1,496
iShares S&P SmallCap 600 Index COM 464287804 3,951 45,290 SH   SOLE   0 0 45,290
iShares TR Russell 1000 Growth COM 464287614 1,476 9,462 SH   SOLE   0 0 9,462