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
AT&T INC COM 00206R102 1,525 35,860 SH   SOLE   35,860 0 0
ABBOTT LABS COM 002824100 1,250 32,533 SH   SOLE   32,533 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 527 26,642 SH   SOLE   26,642 0 0
AIR PRODS & CHEMS INC COM 009158106 555 3,862 SH   SOLE   3,862 0 0
ALLEGHANY CORP DEL COM 017175100 23,328 38,361 SH   SOLE   38,361 0 0
AMERCO COM 023586100 1,183 3,201 SH   SOLE   3,201 0 0
AMERICAN CAP LTD COM 02503Y103 246 13,700 SH   SOLE   13,700 0 0
AMERICAN EXPRESS CO COM 025816109 691 9,321 SH   SOLE   9,321 0 0
AMERICAN NATL INS CO COM 028591105 1,803 14,471 SH   SOLE   14,471 0 0
AMGEN INC COM 031162100 1,022 6,990 SH   SOLE   6,990 0 0
ANIXTER INTL INC COM 035290105 324 4,000 SH   SOLE   4,000 0 0
ANNALY CAP MGMT INC COM 035710409 360 36,100 SH   SOLE   36,100 0 0
ANTERO RES CORP COM 03674X106 428 18,100 SH   SOLE   18,100 0 0
APACHE CORP COM 037411105 292 4,594 SH   SOLE   4,594 0 0
APPLE INC COM 037833100 1,232 10,637 SH   SOLE   10,637 0 0
APPLIED MATLS INC COM 038222105 559 17,334 SH   SOLE   17,334 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 308 4,679 SH   SOLE   4,679 0 0
ATWOOD OCEANICS INC COM 050095108 278 21,145 SH   SOLE   21,145 0 0
BANK AMER CORP COM 060505104 557 25,202 SH   SOLE   25,202 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,162 87,840 SH   SOLE   87,840 0 0
BERKLEY W R CORP COM 084423102 15,238 229,106 SH   SOLE   229,106 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,953 8 SH   SOLE   8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 45,400 278,561 SH   SOLE   278,561 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 496 18,361 SH   SOLE   18,361 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 438 14,575 SH   SOLE   14,575 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 2,065 118,925 SH   SOLE   118,925 0 0
BP PLC SPONSORED ADR 055622104 200 5,343 SH   SOLE   5,343 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,571 23,700 SH   SOLE   23,700 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 965 29,221 SH   SOLE   29,221 0 0
CNA FINL CORP COM 126117100 2,032 48,973 SH   SOLE   48,973 0 0
CABLE ONE INC COM 12685J105 451 725 SH   SOLE   725 0 0
CAMECO CORP COM 13321L108 127 12,103 SH   SOLE   12,103 0 0
CATHAY GEN BANCORP COM 149150104 411 10,800 SH   SOLE   10,800 0 0
CHESAPEAKE ENERGY CORP COM 165167107 196 27,875 SH   SOLE   27,875 0 0
CHEVRON CORP NEW COM 166764100 1,870 15,884 SH   SOLE   15,884 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 2,453 77,268 SH   SOLE   77,268 0 0
CIMAREX ENERGY CO COM 171798101 6,572 48,362 SH   SOLE   48,362 0 0
CISCO SYS INC COM 17275R102 693 22,934 SH   SOLE   22,934 0 0
CLOROX CO DEL COM 189054109 298 2,484 SH   SOLE   2,484 0 0
COCA COLA CO COM 191216100 1,957 47,200 SH   SOLE   47,200 0 0
COMCAST CORP NEW CL A 20030N101 213 3,084 SH   SOLE   3,084 0 0
CONOCOPHILLIPS COM 20825C104 1,383 27,581 SH   SOLE   27,581 0 0
CONSOL ENERGY INC COM 20854P109 191 10,450 SH   SOLE   10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 1,970 36,885 SH   SOLE   36,885 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 179 19,193 SH   SOLE   19,193 0 0
CORNING INC COM 219350105 479 19,743 SH   SOLE   19,743 0 0
COVANTA HLDG CORP COM 22282E102 628 40,250 SH   SOLE   40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 935 52,046 SH   SOLE   52,046 0 0
DAILY JOURNAL CORP COM 233912104 215 889 SH   SOLE   889 0 0
DEVON ENERGY CORP NEW COM 25179M103 4,326 94,726 SH   SOLE   94,726 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 668 37,750 SH   SOLE   37,750 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 418 23,816 SH   SOLE   23,816 0 0
DOW CHEM CO COM 260543103 410 7,174 SH   SOLE   7,174 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,086 28,414 SH   SOLE   28,414 0 0
EBAY INC COM 278642103 257 8,655 SH   SOLE   8,655 0 0
EDISON INTL COM 281020107 252 3,500 SH   SOLE   3,500 0 0
EMERSON ELEC CO COM 291011104 1,526 27,364 SH   SOLE   27,364 0 0
ENSCO PLC SHS CLASS A G3157S106 232 23,906 SH   SOLE   23,906 0 0
ENSTAR GROUP LIMITED SHS G3075P101 10,869 54,975 SH   SOLE   54,975 0 0
ENTERGY CORP NEW COM 29364G103 577 7,850 SH   SOLE   7,850 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 224 8,266 SH   SOLE   8,266 0 0
EQT CORP COM 26884L109 255 3,900 SH   SOLE   3,900 0 0
EXXON MOBIL CORP COM 30231G102 489 5,412 SH   SOLE   5,412 0 0
FAIRFAX FINANCIAL HLDGS LTD FRFHF 303901102 9,983 20,512 SH   SOLE   20,512 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 2,617 125,578 SH   SOLE   125,578 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 585 120,460 SH   SOLE   120,460 0 0
GANNETT CO INC COM 36473H104 787 81,065 SH   SOLE   81,065 0 0
GENER8 MARITIME INC COM Y26889108 78 17,500 SH   SOLE   17,500 0 0
GENERAL DYNAMICS CORP COM 369550108 708 4,102 SH   SOLE   4,102 0 0
GENERAL ELECTRIC CO COM 369604103 459 14,525 SH   SOLE   14,525 0 0
GENERAL AMERN INVS INC COM 368802104 4,533 145,367 SH   SOLE   145,367 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 664 32,595 SH   SOLE   32,595 0 0
GOLUB CAP BDC INC COM 38173M102 278 15,100 SH   SOLE   15,100 0 0
GRAHAM HLDGS CO COM 384637104 371 725 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 1,920 28,422 SH   SOLE   28,422 0 0
HALLADOR ENERGY COMPANY COM 40609P105 181 19,952 SH   SOLE   19,952 0 0
HARMAN INTL INDS INC COM 413086109 222 2,000 SH   SOLE   2,000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 553 11,600 SH   SOLE   11,600 0 0
HELMERICH & PAYNE INC COM 423452101 1,509 19,500 SH   SOLE   19,500 0 0
IDT CORP CL B NEW 448947507 249 13,426 SH   SOLE   13,426 0 0
INTEL CORP COM 458140100 444 12,245 SH   SOLE   12,245 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,454 14,785 SH   SOLE   14,785 0 0
INTL PAPER CO COM 460146103 852 16,052 SH   SOLE   16,052 0 0
JOHNSON & JOHNSON COM 478160104 3,557 30,872 SH   SOLE   30,872 0 0
KLONDEX MNS LTD COM 498696103 51 11,000 SH   SOLE   11,000 0 0
LENNAR CORP CL B 526057302 845 24,500 SH   SOLE   24,500 0 0
LEUCADIA NATL CORP COM 527288104 11,118 478,196 SH   SOLE   478,196 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 502 6,774 SH   SOLE   6,774 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 385 12,964 SH   SOLE   12,964 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 260 12,637 SH   SOLE   12,637 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 376 10,901 SH   SOLE   10,901 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 2,563 75,560 SH   SOLE   75,560 0 0
LIBERTY MEDIA CORP DELAWARE COM C MEDIA GRP 531229854 580 18,507 SH   SOLE   18,507 0 0
LOEWS CORP COM 540424108 14,078 300,620 SH   SOLE   300,620 0 0
MARATHON OIL CORP COM 565849106 784 45,275 SH   SOLE   45,275 0 0
MARKEL CORP COM 570535104 16,658 18,417 SH   SOLE   18,417 0 0
MEDTRONIC INC MDT G5960L103 380 5,328 SH   SOLE   5,328 0 0
MCDERMOTT INTL INC COM 580037109 170 23,000 SH   SOLE   23,000 0 0
MERCK & CO INC COM 58933Y105 329 5,594 SH   SOLE   5,594 0 0
METHANEX CORP COM 59151K108 407 9,300 SH   SOLE   9,300 0 0
METLIFE INC COM 59156R108 697 12,930 SH   SOLE   12,930 0 0
MICROSOFT CORP COM 594918104 4,881 78,545 SH   SOLE   78,545 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,173 76,978 SH   SOLE   76,978 0 0
NABORS INDUSTRIES LTD SHS G6359F103 171 10,400 SH   SOLE   10,400 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 433 27,106 SH   SOLE   27,106 0 0
NOBLE CORP PLC SHS USD G65431101 217 36,675 SH   SOLE   36,675 0 0
NOVARTIS A G SPONSORED ADR 66987V109 650 8,924 SH   SOLE   8,924 0 0
NOW INC COM 67011P100 1,134 55,375 SH   SOLE   55,375 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 328 26,125 SH   SOLE   26,125 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 573 15,280 SH   SOLE   15,280 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 656 9,210 SH   SOLE   9,210 0 0
OFG BANCORP COM 67103X102 392 29,916 SH   SOLE   29,916 0 0
OMNICOM GROUP INC COM 681919106 204 2,400 SH   SOLE   2,400 0 0
PICO HLDGS INC COM NEW 693366205 1,820 120,107 SH   SOLE   120,107 0 0
PATTERSON UTI ENERGY INC COM 703481101 948 35,200 SH   SOLE   35,200 0 0
PAYPAL HLDGS INC COM 70450Y103 344 8,703 SH   SOLE   8,703 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 589 76,450 SH   SOLE   76,450 0 0
PETROBRAS ARGENTINA S A SPONS ADR 71646J109 73 10,427 SH   SOLE   10,427 0 0
PFIZER INC COM 717081103 592 18,213 SH   SOLE   18,213 0 0
PG&E CORP COM 69331C108 225 3,703 SH   SOLE   3,703 0 0
PHARMATHENE INC COM 71714G102 33 10,000 SH   SOLE   10,000 0 0
PIONEER NAT RES CO COM 723787107 206 1,146 SH   SOLE   1,146 0 0
PNC FINL SVCS GROUP INC COM 693475105 723 6,184 SH   SOLE   6,184 0 0
PROCTER AND GAMBLE CO COM 742718109 444 5,282 SH   SOLE   5,282 0 0
REIS INC COM 75936P105 209 9,400 SH   SOLE   9,400 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 240 1,762 SH   SOLE   1,762 0 0
RESOLUTE FST PRODS INC COM 76117W109 55 10,300 SH   SOLE   10,300 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 89 11,114 SH   SOLE   11,114 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,034 126,720 SH   SOLE   126,720 0 0
ROYCE VALUE TR INC COM 780910105 1,093 81,639 SH   SOLE   81,639 0 0
RPC INC COM 749660106 7,901 398,860 SH   SOLE   398,860 0 0
SJW GROUP COM 784305104 214 3,816 SH   SOLE   3,816 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 272 1,219 SH   SOLE   1,219 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 1,116 31,757 SH   SOLE   31,757 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 954 144,050 SH   SOLE   144,050 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 747 38,633 SH   SOLE   38,633 0 0
SEMPRA ENERGY COM 816851109 481 4,777 SH   SOLE   4,777 0 0
SNYDERS-LANCE INC COM 833551104 494 12,886 SH   SOLE   12,886 0 0
SOURCE CAP INC COM 836144105 2,258 62,805 SH   SOLE   62,805 0 0
SYSCO CORP COM 871829107 923 16,675 SH   SOLE   16,675 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 314 58,918 SH   SOLE   58,918 0 0
TEGNA INC COM 87901J105 3,465 162,000 SH   SOLE   162,000 0 0
SOUTHERN CO COM 842587107 416 8,466 SH   SOLE   8,466 0 0
TIMMINS GOLD CORP COM 88741P103 13 40,000 SH   SOLE   40,000 0 0
TOTAL S A SPONSORED ADR 89151E109 365 7,161 SH   SOLE   7,161 0 0
TRI POINTE GROUP INC COM 87265H109 2,520 219,539 SH   SOLE   219,539 0 0
US BANCORP DEL COM NEW 902973304 1,109 21,591 SH   SOLE   21,591 0 0
UNITED SECURITY BANCSHARES C COM 911460103 160 20,639 SH   SOLE   20,639 0 0
V F CORP COM 918204108 405 7,600 SH   SOLE   7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,898 22,283 SH   SOLE   22,283 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 631 11,814 SH   SOLE   11,814 0 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 530 21,676 SH   SOLE   21,676 0 0
W & T OFFSHORE INC COM 92922P106 42 15,250 SH   SOLE   15,250 0 0
WAL-MART STORES INC COM 931142103 455 6,578 SH   SOLE   6,578 0 0
WELLS FARGO & CO NEW COM 949746101 1,440 26,137 SH   SOLE   26,137 0 0
WESTAMERICA BANCORPORATION COM 957090103 5,142 81,712 SH   SOLE   81,712 0 0
WEYERHAEUSER CO COM 962166104 872 28,971 SH   SOLE   28,971 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 25,578 30,594 SH   SOLE   30,594 0 0
WILEY JOHN & SONS INC CL A 968223206 646 11,850 SH   SOLE   11,850 0 0