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
ABBOTT LABS COM 002824100 1,387 32,796 SH   SOLE 32,796 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 311 14,642 SH   SOLE 14,642 0 0
ACCURIDE CORP NEW COM NEW 00439T206 101 39,400 SH   SOLE 39,400 0 0
AIR PRODS & CHEMS INC COM 009158106 581 3,862 SH   SOLE 3,862 0 0
ALLEGHANY CORP DEL COM 017175100 20,227 38,526 SH   SOLE 38,526 0 0
AMERCO COM 023586100 657 2,025 SH   SOLE 2,025 0 0
AMERICAN CAP LTD COM 02503Y103 247 14,616 SH   SOLE 14,616 0 0
AMERICAN EXPRESS CO COM 025816109 596 9,314 SH   SOLE 9,314 0 0
AMERICAN NATL INS CO COM 028591105 1,774 14,548 SH   SOLE 14,548 0 0
AMGEN INC COM 031162100 952 5,709 SH   SOLE 5,709 0 0
ANIXTER INTL INC COM 035290105 258 4,000 SH   SOLE 4,000 0 0
ANNALY CAP MGMT INC COM 035710409 353 33,600 SH   SOLE 33,600 0 0
APACHE CORP COM 037411105 293 4,594 SH   SOLE 4,594 0 0
APPLE INC COM 037833100 1,263 11,176 SH   SOLE 11,176 0 0
APPLIED MATLS INC COM 038222105 523 17,334 SH   SOLE 17,334 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 264 4,679 SH   SOLE 4,679 0 0
AT&T INC COM 00206R102 1,483 36,530 SH   SOLE 36,530 0 0
ATWOOD OCEANICS INC COM 050095108 151 17,345 SH   SOLE 17,345 0 0
BANK AMER CORP COM 060505104 392 25,072 SH   SOLE 25,072 0 0
BANK NEW YORK MELLON CORP COM 064058100 3,528 88,471 SH   SOLE 88,471 0 0
BERKLEY W R CORP COM 084423102 13,308 230,395 SH   SOLE 230,395 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,730 8 SH   SOLE 8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 40,273 278,764 SH   SOLE 278,764 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 460 18,000 SH   SOLE 18,000 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 429 14,575 SH   SOLE 14,575 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 1,929 112,425 SH   SOLE 112,425 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,539 22,700 SH   SOLE 22,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,035 29,421 SH   SOLE 29,421 0 0
CABLE ONE INC COM 12685J105 423 725 SH   SOLE 725 0 0
CAMECO CORP COM 13321L108 104 12,103 SH   SOLE 12,103 0 0
CATHAY GEN BANCORP COM 149150104 332 10,800 SH   SOLE 10,800 0 0
CHESAPEAKE ENERGY CORP COM 165167107 169 26,875 SH   SOLE 26,875 0 0
CHEVRON CORP NEW COM 166764100 1,636 15,895 SH   SOLE 15,895 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 2,321 82,793 SH   SOLE 82,793 0 0
CIMAREX ENERGY CO COM 171798101 6,498 48,362 SH   SOLE 48,362 0 0
CISCO SYS INC COM 17275R102 727 22,934 SH   SOLE 22,934 0 0
CLOROX CO DEL COM 189054109 311 2,485 SH   SOLE 2,485 0 0
CNA FINL CORP COM 126117100 1,678 48,753 SH   SOLE 48,753 0 0
COCA COLA CO COM 191216100 1,998 47,200 SH   SOLE 47,200 0 0
COMCAST CORP NEW CL A 20030N101 205 3,083 SH   SOLE 3,083 0 0
CONOCOPHILLIPS COM 20825C104 1,132 26,031 SH   SOLE 26,031 0 0
CONSOL ENERGY INC COM 20854P109 201 10,450 SH   SOLE 10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 1,744 34,062 SH   SOLE 34,062 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 186 18,193 SH   SOLE 18,193 0 0
CORNING INC COM 219350105 537 22,690 SH   SOLE 22,690 0 0
COVANTA HLDG CORP COM 22282E102 619 40,250 SH   SOLE 40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 819 44,900 SH   SOLE 44,900 0 0
DEVON ENERGY CORP NEW COM 25179M103 4,261 96,610 SH   SOLE 96,610 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 665 37,750 SH   SOLE 37,750 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 362 23,516 SH   SOLE 23,516 0 0
DOW CHEM CO COM 260543103 372 7,174 SH   SOLE 7,174 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 1,903 28,414 SH   SOLE 28,414 0 0
EBAY INC COM 278642103 285 8,655 SH   SOLE 8,655 0 0
EDISON INTL COM 281020107 253 3,500 SH   SOLE 3,500 0 0
EMERSON ELEC CO COM 291011104 1,506 27,623 SH   SOLE 27,623 0 0
ENCANA CORP COM 292505104 273 26,100 SH   SOLE 26,100 0 0
ENSCO PLC SHS CLASS A G3157S106 172 20,206 SH   SOLE 20,206 0 0
ENSTAR GROUP LIMITED SHS G3075P101 8,929 54,292 SH   SOLE 54,292 0 0
ENTERGY CORP NEW COM 29364G103 602 7,850 SH   SOLE 7,850 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 228 8,265 SH   SOLE 8,265 0 0
EQT CORP COM 26884L109 283 3,900 SH   SOLE 3,900 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 603 8,549 SH   SOLE 8,549 0 0
EXXON MOBIL CORP COM 30231G102 473 5,415 SH   SOLE 5,415 0 0
Fairfax Financial Hldgs Ltd COM 303901102 12,082 20,612 SH   SOLE 20,612 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 491 99,460 SH   SOLE 99,460 0 0
GANNETT CO INC COM 36473H104 948 81,415 SH   SOLE 81,415 0 0
GENER8 MARITIME INC COM Y26889108 90 17,500 SH   SOLE 17,500 0 0
GENERAL AMERN INVS INC COM 368802104 4,861 148,887 SH   SOLE 148,887 0 0
GENERAL DYNAMICS CORP COM 369550108 636 4,102 SH   SOLE 4,102 0 0
GENERAL ELECTRIC CO COM 369604103 430 14,524 SH   SOLE 14,524 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 635 32,595 SH   SOLE 32,595 0 0
GOLUB CAP BDC INC COM 38173M102 280 15,100 SH   SOLE 15,100 0 0
GRAHAM HLDGS CO COM 384637104 349 725 SH   SOLE 725 0 0
GRAN TIERRA ENERGY INC COM 38500T101 36 12,000 SH   SOLE 12,000 0 0
GREIF INC CL B 397624206 1,833 30,247 SH   SOLE 30,247 0 0
HALLADOR ENERGY COMPANY COM 40609P105 151 19,171 SH   SOLE 19,171 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 501 11,700 SH   SOLE 11,700 0 0
HELMERICH & PAYNE INC COM 423452101 1,312 19,500 SH   SOLE 19,500 0 0
IDT CORP CL B NEW 448947507 231 13,422 SH   SOLE 13,422 0 0
INTEL CORP COM 458140100 462 12,245 SH   SOLE 12,245 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,444 15,388 SH   SOLE 15,388 0 0
INTL PAPER CO COM 460146103 770 16,052 SH   SOLE 16,052 0 0
JOHNSON & JOHNSON COM 478160104 3,646 30,866 SH   SOLE 30,866 0 0
KLONDEX MNS LTD COM 498696103 63 11,000 SH   SOLE 11,000 0 0
LENNAR CORP CL B 526057302 833 24,800 SH   SOLE 24,800 0 0
LEUCADIA NATL CORP COM 527288104 9,027 474,118 SH   SOLE 474,118 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 486 6,797 SH   SOLE 6,797 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 432 13,060 SH   SOLE 13,060 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 370 10,901 SH   SOLE 10,901 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 221 12,744 SH   SOLE 12,744 0 0
LIBERTY MEDIA CORP DELAWARE COM C MEDIA GRP 531229854 526 18,681 SH   SOLE 18,681 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 2,517 75,344 SH   SOLE 75,344 0 0
LOEWS CORP COM 540424108 12,511 304,024 SH   SOLE 304,024 0 0
MARATHON OIL CORP COM 565849106 723 45,725 SH   SOLE 45,725 0 0
MARKEL CORP COM 570535104 15,850 17,066 SH   SOLE 17,066 0 0
MCDERMOTT INTL INC COM 580037109 115 23,000 SH   SOLE 23,000 0 0
MEDTRONIC PLC SHS G5960L103 461 5,332 SH   SOLE 5,332 0 0
MERCK & CO INC COM 58933Y105 349 5,589 SH   SOLE 5,589 0 0
METHANEX CORP COM 59151K108 332 9,300 SH   SOLE 9,300 0 0
METLIFE INC COM 59156R108 542 12,205 SH   SOLE 12,205 0 0
MICROSOFT CORP COM 594918104 4,553 79,053 SH   SOLE 79,053 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,123 78,678 SH   SOLE 78,678 0 0
NABORS INDUSTRIES LTD SHS G6359F103 126 10,400 SH   SOLE 10,400 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 436 28,106 SH   SOLE 28,106 0 0
NOBLE CORP PLC SHS USD G65431101 245 38,573 SH   SOLE 38,573 0 0
NOVARTIS A G SPONSORED ADR 66987V109 705 8,926 SH   SOLE 8,926 0 0
NOW INC COM 67011P100 1,187 55,375 SH   SOLE 55,375 0 0
NRG ENERGY INC COM NEW 629377508 115 10,280 SH   SOLE 10,280 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 266 26,125 SH   SOLE 26,125 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 560 13,200 SH   SOLE 13,200 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 671 9,203 SH   SOLE 9,203 0 0
OFG BANCORP COM 67103X102 302 29,916 SH   SOLE 29,916 0 0
OMNICOM GROUP INC COM 681919106 204 2,400 SH   SOLE 2,400 0 0
PATTERSON UTI ENERGY INC COM 703481101 787 35,200 SH   SOLE 35,200 0 0
PAYPAL HLDGS INC COM 70450Y103 357 8,703 SH   SOLE 8,703 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 538 77,150 SH   SOLE 77,150 0 0
PFIZER INC COM 717081103 625 18,444 SH   SOLE 18,444 0 0
PG&E CORP COM 69331C108 227 3,703 SH   SOLE 3,703 0 0
PICO HLDGS INC COM NEW 693366205 1,460 123,830 SH   SOLE 123,830 0 0
PIONEER NAT RES CO COM 723787107 213 1,146 SH   SOLE 1,146 0 0
PNC FINL SVCS GROUP INC COM 693475105 558 6,190 SH   SOLE 6,190 0 0
PROCTER AND GAMBLE CO COM 742718109 501 5,583 SH   SOLE 5,583 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 240 2,000 SH   SOLE 2,000 0 0
RESOLUTE FST PRODS INC COM 76117W109 61 12,800 SH   SOLE 12,800 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 91 11,171 SH   SOLE 11,171 0 0
ROYCE MICRO-CAP TR INC COM 780915104 838 107,238 SH   SOLE 107,238 0 0
ROYCE VALUE TR INC COM 780910105 1,042 82,294 SH   SOLE 82,294 0 0
RPC INC COM 749660106 6,777 403,367 SH   SOLE 403,367 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 518 14,080 SH   SOLE 14,080 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 837 141,825 SH   SOLE 141,825 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 614 38,633 SH   SOLE 38,633 0 0
SEMPRA ENERGY COM 816851109 512 4,777 SH   SOLE 4,777 0 0
SNYDERS-LANCE INC COM 833551104 433 12,886 SH   SOLE 12,886 0 0
SOURCE CAP INC COM 836144105 2,162 58,869 SH   SOLE 58,869 0 0
SOUTHERN CO COM 842587107 434 8,466 SH   SOLE 8,466 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 237 1,095 SH   SOLE 1,095 0 0
STARZ COM SER A 85571Q102 328 10,504 SH   SOLE 10,504 0 0
SYSCO CORP COM 871829107 871 17,780 SH   SOLE 17,780 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 312 58,918 SH   SOLE 58,918 0 0
TEGNA INC COM 87901J105 3,551 162,450 SH   SOLE 162,450 0 0
TIDEWATER INC COM 886423102 30 10,600 SH   SOLE 10,600 0 0
TIMMINS GOLD CORP COM 88741P103 5 10,000 SH   SOLE 10,000 0 0
TOTAL S A SPONSORED ADR 89151E109 299 6,261 SH   SOLE 6,261 0 0
TRI POINTE GROUP INC COM 87265H109 2,731 207,239 SH   SOLE 207,239 0 0
UNITED SECURITY BANCSHARES C COM 911460103 129 20,437 SH   SOLE 20,437 0 0
US BANCORP DEL COM NEW 902973304 926 21,591 SH   SOLE 21,591 0 0
V F CORP COM 918204108 426 7,604 SH   SOLE 7,604 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,836 21,871 SH   SOLE 21,871 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 655 12,603 SH   SOLE 12,603 0 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 689 23,639 SH   SOLE 23,639 0 0
W & T OFFSHORE INC COM 92922P106 18 10,000 SH   SOLE 10,000 0 0
WAL-MART STORES INC COM 931142103 482 6,680 SH   SOLE 6,680 0 0
WELLS FARGO & CO NEW COM 949746101 1,188 26,828 SH   SOLE 26,828 0 0
WESTAMERICA BANCORPORATION COM 957090103 4,246 83,453 SH   SOLE 83,453 0 0
WEYERHAEUSER CO COM 962166104 925 28,971 SH   SOLE 28,971 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 25,631 30,880 SH   SOLE 30,880 0 0
WILEY JOHN & SONS INC CL A 968223206 612 11,850 SH   SOLE 11,850 0 0