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 1,732 10,532 SH   SOLE   0 0 10,532
ADT, Inc. COM 00090Q103 2,525 402,778 SH   SOLE   0 0 402,778
AER Energy Resources Inc COM 000944207 0 5,000,000 SH   SOLE   0 0 5,000,000
AT&T, Inc. COM 00206R102 6,253 165,236 SH   SOLE   0 0 165,236
AbbVie, Inc. COM 00287y109 997 13,165 SH   SOLE   0 0 13,165
Abbott Laboratories COM 002824100 4,417 52,787 SH   SOLE   0 0 52,787
Accenture Ltd COM g1151c101 30,077 156,367 SH   SOLE   0 0 156,367
Agnico Eagle Mines Ltd. COM 008474108 8,894 165,900 SH   SOLE   0 0 165,900
AllState Corp. COM 020002101 849 7,815 SH   SOLE   0 0 7,815
Alphabet Inc. Class A COM 02079k305 835 684 SH   SOLE   0 0 684
Alphabet Inc. Class C COM 02079k107 12,951 10,624 SH   SOLE   0 0 10,624
Altria Group, Inc. COM 02209s103 1,849 45,215 SH   SOLE   0 0 45,215
Amazon.com COM 023135106 14,175 8,166 SH   SOLE   0 0 8,166
Ameren Corp. COM 023608102 248 3,095 SH   SOLE   0 0 3,095
American Airlines Grp COM 02376R102 1,268 47,031 SH   SOLE   0 0 47,031
American Express Co. COM 025816109 794 6,714 SH   SOLE   0 0 6,714
American Int'l Group COM 026874784 960 17,227 SH   SOLE   0 0 17,227
Amgen Inc. COM 031162100 6,972 36,028 SH   SOLE   0 0 36,028
Apache Corp. COM 037411105 1,054 41,171 SH   SOLE   0 0 41,171
Apple Computer COM 037833100 28,928 129,160 SH   SOLE   0 0 129,160
Atmos Energy Corp. COM 049560105 242 2,122 SH   SOLE   0 0 2,122
AutoZone COM 053332102 217 200 SH   SOLE   0 0 200
BP PLC COM 055622104 1,861 48,993 SH   SOLE   0 0 48,993
Banco LatinoAmericano COM P16994132 11,902 596,908 SH   SOLE   0 0 596,908
BankAmerica Corp. COM 060505104 2,344 80,369 SH   SOLE   0 0 80,369
Berkshire Hathaway 'A' COM 084670108 935 3 SH   SOLE   0 0 3
Berkshire Hathaway 'B' COM 084670702 105,757 508,400 SH   SOLE   0 0 508,400
Boeing Co. COM 097023105 947 2,489 SH   SOLE   0 0 2,489
Bristol Myers Squibb COM 110122108 2,269 44,738 SH   SOLE   0 0 44,738
Brookdale Sr Living Inc COM 112463104 5,400 712,458 SH   SOLE   0 0 712,458
Brookfield Asset Mgmt COM 112585104 7,815 147,200 SH   SOLE   0 0 147,200
Brookfield Pptys Part COM G16249107 203 10,000 SH   SOLE   0 0 10,000
CIGNA Corp. COM 125523100 351 2,310 SH   SOLE   0 0 2,310
CVS Health Corp. COM 126650100 2,928 46,431 SH   SOLE   0 0 46,431
Cable One Inc COM 12685j105 2,676 2,133 SH   SOLE   0 0 2,133
Cars.com Inc. COM 14575E105 929 103,437 SH   SOLE   0 0 103,437
Caterpillar Inc. COM 149123101 7,419 58,733 SH   SOLE   0 0 58,733
Celgene Corp. COM 151020104 2,296 23,120 SH   SOLE   0 0 23,120
CenturyLink Inc. COM 156700106 16,003 1,282,252 SH   SOLE   0 0 1,282,252
Chevron Corp. COM 166764100 2,210 18,632 SH   SOLE   0 0 18,632
Cisco Systems Inc. COM 17275R102 6,596 133,490 SH   SOLE   0 0 133,490
Coca Cola Co. COM 191216100 3,784 69,504 SH   SOLE   0 0 69,504
Comcast Corp. - Class A COM 20030n101 7,080 157,052 SH   SOLE   0 0 157,052
ConocoPhillips COM 20825c104 394 6,917 SH   SOLE   0 0 6,917
CoreCivic, Inc. COM 21871N101 19,540 1,130,803 SH   SOLE   0 0 1,130,803
DXC Technology Co. COM 23355l106 2,557 86,685 SH   SOLE   0 0 86,685
Danaher Corp. COM 235851102 584 4,042 SH   SOLE   0 0 4,042
Darden Restaurants, Inc. COM 237194105 643 5,440 SH   SOLE   0 0 5,440
Delta Airlines Inc. COM 247361702 9,726 168,859 SH   SOLE   0 0 168,859
Diageo PLC COM 25243Q205 3,808 23,285 SH   SOLE   0 0 23,285
Discov Commun 'C' COM 25470F302 618 25,112 SH   SOLE   0 0 25,112
Dominion Energy Inc. COM 25746u109 2,377 29,333 SH   SOLE   0 0 29,333
Duke Energy Corp. COM 26441c204 4,011 41,838 SH   SOLE   0 0 41,838
Edwards Lifesciences Corp COM 28176E108 445 2,024 SH   SOLE   0 0 2,024
Equity Commonwealth COM 294628102 11,649 340,124 SH   SOLE   0 0 340,124
Exxon Mobil Corp. COM 30231G102 12,858 182,093 SH   SOLE   0 0 182,093
Facebook, Inc. COM 30303m102 665 3,732 SH   SOLE   0 0 3,732
Fairfax Financial Hld COM 303901102 64,817 146,984 SH   SOLE   0 0 146,984
FedEx Corp. COM 31428X106 6,643 45,637 SH   SOLE   0 0 45,637
Fiserv COM 337738108 1,045 10,085 SH   SOLE   0 0 10,085
Fox Corp. Cl A COM 35137L105 578 18,324 SH   SOLE   0 0 18,324
Fox Corp. Cl B COM 35137L204 574 18,186 SH   SOLE   0 0 18,186
Gannett Co. Inc. COM 36473H104 1,553 144,575 SH   SOLE   0 0 144,575
General Electric Co. COM 369604103 844 94,377 SH   SOLE   0 0 94,377
General Mills Inc. COM 370334104 978 17,740 SH   SOLE   0 0 17,740
Genomic Health Inc. COM 37244C101 203 3,000 SH   SOLE   0 0 3,000
Global Payments COM 37940x102 322 2,025 SH   SOLE   0 0 2,025
Goldman Sachs Group COM 38141g104 4,635 22,365 SH   SOLE   0 0 22,365
Graham Holdings Co COM 384637104 1,481 2,233 SH   SOLE   0 0 2,233
HCA Healthcare, Inc. COM 40412C101 58,713 487,572 SH   SOLE   0 0 487,572
HCP Inc COM 40414L109 2,933 82,313 SH   SOLE   0 0 82,313
HP Inc. COM 40434l105 263 13,879 SH   SOLE   0 0 13,879
Halliburton Inc. COM 406216101 4,452 236,175 SH   SOLE   0 0 236,175
HealthStream Inc. COM 42222n103 352 13,600 SH   SOLE   0 0 13,600
Hewlett Packard Enterprise Co. COM 42824c109 185 12,179 SH   SOLE   0 0 12,179
Home Depot Inc. COM 437076102 11,690 50,384 SH   SOLE   0 0 50,384
Honeywell Intl. COM 438516106 4,285 25,325 SH   SOLE   0 0 25,325
Intel Corp. COM 458140100 12,291 238,521 SH   SOLE   0 0 238,521
International Business Machine COM 459200101 2,496 17,167 SH   SOLE   0 0 17,167
J. P. Morgan Chase & Co. Inc. COM 46625h100 2,571 21,843 SH   SOLE   0 0 21,843
Jefferies Financial Grp COM 47233W109 4,540 246,743 SH   SOLE   0 0 246,743
Johnson & Johnson COM 478160104 13,134 101,515 SH   SOLE   0 0 101,515
KKR & Co., Inc. Cl A COM 48251w104 607 22,600 SH   SOLE   0 0 22,600
Kimberly-Clark Corp. COM 494368103 276 1,944 SH   SOLE   0 0 1,944
Kraft Heinz Company COM 500754106 883 31,603 SH   SOLE   0 0 31,603
L3Harris Technologies, Inc COM 502431109 836 4,007 SH   SOLE   0 0 4,007
LinnCo, LLC Escrow COM 535ESC107 0 15,000 SH   SOLE   0 0 15,000
Loews Corp. COM 540424108 16,634 323,116 SH   SOLE   0 0 323,116
Lowes Companies COM 548661107 12,718 115,659 SH   SOLE   0 0 115,659
Marathon Petroleum Corp. COM 56585a102 222 3,647 SH   SOLE   0 0 3,647
McCormick COM 579780206 793 5,071 SH   SOLE   0 0 5,071
McDonalds Corp. COM 580135101 4,630 21,563 SH   SOLE   0 0 21,563
Medtronic PLC COM G5960L103 6,262 57,647 SH   SOLE   0 0 57,647
Merck & Company Inc. COM 58933y105 8,452 100,407 SH   SOLE   0 0 100,407
Microsoft Corp. COM 594918104 14,880 107,028 SH   SOLE   0 0 107,028
Mondelez Int'l Inc COM 609207105 17,501 316,361 SH   SOLE   0 0 316,361
Morgan Stanley COM 617446448 276 6,475 SH   SOLE   0 0 6,475
National Health Invstrs COM 63633d104 11,269 136,782 SH   SOLE   0 0 136,782
National Healthcare COM 635906100 249 3,048 SH   SOLE   0 0 3,048
National Oilwell Varco COM 637071101 4,155 196,000 SH   SOLE   0 0 196,000
Nestle SA Sponsored Reg COM 641069406 334 3,080 SH   SOLE   0 0 3,080
NextEra Energy, Inc. COM 65339f101 592 2,542 SH   SOLE   0 0 2,542
Nike COM 654106103 447 4,755 SH   SOLE   0 0 4,755
Norfolk Southern Corp. COM 655844108 591 3,291 SH   SOLE   0 0 3,291
Northwest Biotherapeutics, Inc COM 66737P600 5 20,000 SH   SOLE   0 0 20,000
Novartis AG COM 66987v109 877 10,093 SH   SOLE   0 0 10,093
Oracle COM 68389x105 2,935 53,326 SH   SOLE   0 0 53,326
Overstock COM 690370101 4,742 447,745 SH   SOLE   0 0 447,745
Owens Corning COM 690742101 2,544 40,249 SH   SOLE   0 0 40,249
Owens Illinois Inc COM 690768403 7,021 683,638 SH   SOLE   0 0 683,638
Pan American Silver COM 697900108 157 10,000 SH   SOLE   0 0 10,000
Paypal Holdings Inc. COM 70450Y103 772 7,453 SH   SOLE   0 0 7,453
Peoples United Fncl COM 712704105 9,295 594,478 SH   SOLE   0 0 594,478
PepsiCo Inc. COM 713448108 3,013 21,979 SH   SOLE   0 0 21,979
Perspecta, Inc. COM 715347100 312 11,956 SH   SOLE   0 0 11,956
Pfizer Inc. COM 717081103 5,666 157,682 SH   SOLE   0 0 157,682
Philip Morris Intl COM 718172109 5,619 74,006 SH   SOLE   0 0 74,006
Phillips 66 COM 718546104 2,426 23,691 SH   SOLE   0 0 23,691
Pico Holdings COM 693366205 323 32,000 SH   SOLE   0 0 32,000
Pinnacle Financial Partners COM 72346q104 9,512 167,608 SH   SOLE   0 0 167,608
Procter & Gamble Co. COM 742718109 17,677 142,119 SH   SOLE   0 0 142,119
Regions Financial Corp. COM 7591ep100 2,375 150,140 SH   SOLE   0 0 150,140
Republic Services Inc. COM 760759100 7,891 91,172 SH   SOLE   0 0 91,172
Roche Holdings COM 771195104 812 22,290 SH   SOLE   0 0 22,290
Royal Dutch Shell Cl B COM 780259107 2,543 42,454 SH   SOLE   0 0 42,454
S & P 500 Index Depository Rec COM 78462F103 757 2,551 SH   SOLE   0 0 2,551
SPDR Gold Trust COM 78463V107 592 4,262 SH   SOLE   0 0 4,262
SPDR Utilities Select COM 81369Y886 1,738 26,849 SH   SOLE   0 0 26,849
Schlumberger Ltd. COM 806857108 5,520 161,546 SH   SOLE   0 0 161,546
Select Basic Materials Sector COM 81369y100 1,438 24,701 SH   SOLE   0 0 24,701
Seritage Growth Ppt COM 81752R100 8,355 196,624 SH   SOLE   0 0 196,624
Southern Co. COM 842587107 395 6,393 SH   SOLE   0 0 6,393
Southwest Airlines Co. COM 844741108 4,701 87,048 SH   SOLE   0 0 87,048
Starbucks Corp. COM 855244109 4,570 51,690 SH   SOLE   0 0 51,690
Stryker COM 863667101 611 2,826 SH   SOLE   0 0 2,826
SunCoke Energy COM 86722A103 141 25,000 SH   SOLE   0 0 25,000
SunTrust Banks Inc. COM 867914103 2,552 37,088 SH   SOLE   0 0 37,088
Sysco Corp. COM 871829107 11,316 142,524 SH   SOLE   0 0 142,524
TE Connectivity Ltd COM H84989104 324 3,482 SH   SOLE   0 0 3,482
TEGNA, Inc. COM 87901j105 7,434 478,710 SH   SOLE   0 0 478,710
TJX Companies, Inc. COM 872540109 871 15,634 SH   SOLE   0 0 15,634
Tapestry, Inc. COM 876030107 2,221 85,274 SH   SOLE   0 0 85,274
Tejon Ranch Co. COM 879080109 662 39,000 SH   SOLE   0 0 39,000
Teledyne Technologies Inc. COM 879360105 273 847 SH   SOLE   0 0 847
Travelers Inc. COM 89417e109 1,581 10,631 SH   SOLE   0 0 10,631
US Bancorp COM 902973304 679 12,273 SH   SOLE   0 0 12,273
United Parcel Svc. Cl B COM 911312106 5,531 46,164 SH   SOLE   0 0 46,164
United Rentals, Inc. COM 911363109 4,269 34,252 SH   SOLE   0 0 34,252
United Technologies COM 913017109 12,746 93,361 SH   SOLE   0 0 93,361
Valero Energy Corp. COM 91913y100 1,778 20,859 SH   SOLE   0 0 20,859
Vanguard Emerging Markets ETF COM 922042858 2,274 56,476 SH   SOLE   0 0 56,476
Vanguard Large-Cap Exchanged T COM 922908637 835 6,126 SH   SOLE   0 0 6,126
Vanguard Mid-Cap Exchange Trad COM 922908629 467 2,785 SH   SOLE   0 0 2,785
Vanguard REIT ETF COM 922908553 2,227 23,885 SH   SOLE   0 0 23,885
Vanguard Small-Cap VIPERs COM 922908751 689 4,474 SH   SOLE   0 0 4,474
Verizon Comm. COM 92343v104 2,601 43,086 SH   SOLE   0 0 43,086
Visa Inc COM 92826C839 769 4,471 SH   SOLE   0 0 4,471
Vulcan Materials COM 929160109 1,887 12,475 SH   SOLE   0 0 12,475
Wal-Mart Stores Inc. COM 931142103 10,000 84,262 SH   SOLE   0 0 84,262
Walgreens Boots Alliance, Inc. COM 931427108 431 7,801 SH   SOLE   0 0 7,801
Walt Disney Co. COM 254687106 19,571 150,178 SH   SOLE   0 0 150,178
Wells Fargo & Co. COM 949746101 4,447 88,162 SH   SOLE   0 0 88,162
White Mountain Ins COM G9618E107 4,976 4,607 SH   SOLE   0 0 4,607
Zimmer Biomet Holdings, Inc. COM 98956p102 645 4,696 SH   SOLE   0 0 4,696
Zoetis, Inc. COM 98978v103 6,163 49,467 SH   SOLE   0 0 49,467
iShares DJ Select Dividend Ind COM 464287168 268 2,625 SH   SOLE   0 0 2,625
iShares FTSE China 25 Index Fu COM 464287184 1,771 44,500 SH   SOLE   0 0 44,500
iShares MSCI EAFE Index Fund COM 464287465 892 13,676 SH   SOLE   0 0 13,676
iShares MSCI Emerging Markets COM 464287234 1,015 24,830 SH   SOLE   0 0 24,830
iShares MSCI Pacific Rim COM 464286665 973 21,748 SH   SOLE   0 0 21,748
iShares MidCap 400 COM 464287507 353 1,827 SH   SOLE   0 0 1,827
iShares Russell 1000 Index ETF COM 464287622 838 5,090 SH   SOLE   0 0 5,090
iShares Russell Mid-Cap Index COM 464287499 416 7,435 SH   SOLE   0 0 7,435
iShares Russell Value Index COM 464287598 1,182 9,217 SH   SOLE   0 0 9,217
iShares S&P 500 Core Index ETF COM 464287200 229 768 SH   SOLE   0 0 768
iShares S&P SmallCap 600 Index COM 464287804 3,178 40,829 SH   SOLE   0 0 40,829
iShares TR Russell 1000 Growth COM 464287614 1,492 9,349 SH   SOLE   0 0 9,349
iShares U.S. Home Construction COM 464288752 1,850 42,708 SH   SOLE   0 0 42,708