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 1,342 33,857 SH   SOLE   33,857 0 0
ABBOTT LABS COM 002824100 1,414 32,400 SH   SOLE   32,400 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 637 26,642 SH   SOLE   26,642 0 0
AERCAP HOLDINGS NV SHS N00985106 501 10,894 SH   SOLE   10,894 0 0
AIR PRODS & CHEMS INC COM 009158106 536 3,812 SH   SOLE   3,812 0 0
ALLEGHANY CORP DEL COM 017175100 23,229 38,036 SH   SOLE   38,036 0 0
AMERCO COM 023586100 1,199 3,201 SH   SOLE   3,201 0 0
AMERICAN EXPRESS CO COM 025816109 736 9,291 SH   SOLE   9,291 0 0
AMERICAN NATL INS CO COM 028591105 1,657 14,171 SH   SOLE   14,171 0 0
AMGEN INC COM 031162100 1,142 6,992 SH   SOLE   6,992 0 0
ANIXTER INTL INC COM 035290105 326 4,000 SH   SOLE   4,000 0 0
ANNALY CAP MGMT INC COM 035710409 426 36,100 SH   SOLE   36,100 0 0
ANTERO RES CORP COM 03674X106 607 28,650 SH   SOLE   28,650 0 0
APPLE INC COM 037833100 1,469 10,223 SH   SOLE   10,223 0 0
APPLIED MATLS INC COM 038222105 657 16,167 SH   SOLE   16,167 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 309 4,679 SH   SOLE   4,679 0 0
ATWOOD OCEANICS INC COM 050095108 166 21,145 SH   SOLE   21,145 0 0
BANK AMER CORP COM 060505104 593 25,412 SH   SOLE   25,412 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,077 86,640 SH   SOLE   86,640 0 0
BERKLEY W R CORP COM 084423102 15,363 225,997 SH   SOLE   225,997 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 1,982 8 SH   SOLE   800 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 46,520 281,584 SH   SOLE   281,584 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 540 17,511 SH   SOLE   17,511 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 450 14,575 SH   SOLE   14,575 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 2,155 118,775 SH   SOLE   118,775 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,634 23,370 SH   SOLE   23,370 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,039 28,130 SH   SOLE   28,130 0 0
CNA FINL CORP COM 126117100 2,180 48,160 SH   SOLE   48,160 0 0
CABLE ONE INC COM 12685J105 494 725 SH   SOLE   725 0 0
CAMECO CORP COM 13321L108 116 12,103 SH   SOLE   12,103 0 0
CANADIAN NAT RES LTD COM 136385101 297 9,334 SH   SOLE   9,334 0 0
CATHAY GEN BANCORP COM 149150104 411 10,800 SH   SOLE   10,800 0 0
CHEMOURS CO COM 163851108 241 5,989 SH   SOLE   5,989 0 0
CHESAPEAKE ENERGY CORP COM 165167107 136 25,875 SH   SOLE   25,875 0 0
CHEVRON CORP NEW COM 166764100 1,694 15,875 SH   SOLE   15,875 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 2,483 82,558 SH   SOLE   82,558 0 0
CIMAREX ENERGY CO COM 171798101 5,621 48,171 SH   SOLE   48,171 0 0
CISCO SYS INC COM 17275R102 747 21,934 SH   SOLE   21,934 0 0
CLOROX CO DEL COM 189054109 208 1,558 SH   SOLE   1,558 0 0
COCA COLA CO COM 191216100 2,037 47,200 SH   SOLE   47,200 0 0
COMCAST CORP NEW CL A 20030N101 239 6,092 SH   SOLE   6,092 0 0
COMPASS MINERALS INTL INC COM 20451N101 264 4,000 SH   SOLE   4,000 0 0
CONOCOPHILLIPS COM 20825C104 1,316 27,472 SH   SOLE   27,472 0 0
CONSOL ENERGY INC COM 20854P109 159 10,450 SH   SOLE   10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 1,970 36,331 SH   SOLE   36,331 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 137 19,193 SH   SOLE   19,193 0 0
CORNING INC COM 219350105 567 19,670 SH   SOLE   19,670 0 0
COSTCO WHSL CORP NEW COM 22160K105 351 1,975 SH   SOLE   1,975 0 0
COVANTA HLDG CORP COM 22282E102 586 40,250 SH   SOLE   40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,089 68,556 SH   SOLE   68,556 0 0
DEVON ENERGY CORP NEW COM 25179M103 3,726 94,341 SH   SOLE   94,341 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 541 37,512 SH   SOLE   37,512 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 456 26,816 SH   SOLE   26,816 0 0
DOW CHEM CO COM 260543103 407 6,474 SH   SOLE   6,474 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,245 28,148 SH   SOLE   28,148 0 0
EBAY INC COM 278642103 286 8,555 SH   SOLE   8,555 0 0
EDISON INTL COM 281020107 280 3,500 SH   SOLE   3,500 0 0
EMERSON ELEC CO COM 291011104 1,633 27,098 SH   SOLE   27,098 0 0
ENSCO PLC SHS CLASS A G3157S106 186 23,607 SH   SOLE   23,607 0 0
ENSTAR GROUP LIMITED SHS G3075P101 11,893 61,054 SH   SOLE   61,054 0 0
ENTERGY CORP NEW COM 29364G103 591 7,750 SH   SOLE   7,750 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 226 8,266 SH   SOLE   8,266 0 0
EQT CORP COM 26884L109 227 3,900 SH   SOLE   3,900 0 0
EXXON MOBIL CORP COM 30231G102 404 4,945 SH   SOLE   4,945 0 0
FACEBOOK INC CL A 30303M102 216 1,436 SH   SOLE   1,436 0 0
FAIRFAX FINANCIAL HLDGS LTD COM 303901102 9,357 20,498 SH   SOLE   20,498 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 2,801 123,916 SH   SOLE   123,916 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 899 111,850 SH   SOLE   111,850 0 0
GANNETT CO INC COM 36473H104 662 79,165 SH   SOLE   79,165 0 0
GENER8 MARITIME INC COM Y26889108 94 17,500 SH   SOLE   17,500 0 0
GENERAL DYNAMICS CORP COM 369550108 769 3,966 SH   SOLE   3,966 0 0
GENERAL ELECTRIC CO COM 369604103 428 14,768 SH   SOLE   14,768 0 0
GENERAL AMERN INVS INC COM 368802104 4,931 144,468 SH   SOLE   144,468 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 622 37,595 SH   SOLE   37,595 0 0
GOLUB CAP BDC INC COM 38173M102 305 15,000 SH   SOLE   15,000 0 0
GRAHAM HLDGS CO COM 384637104 436 725 SH   SOLE   725 0 0
GRAN TIERRA ENERGY INC COM 38500T101 30 12,000 SH   SOLE   12,000 0 0
GREIF INC CL B 397624206 1,856 27,557 SH   SOLE   27,557 0 0
HALLADOR ENERGY COMPANY COM 40609P105 121 18,052 SH   SOLE   18,052 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 513 10,600 SH   SOLE   10,600 0 0
HELMERICH & PAYNE INC COM 423452101 2,174 35,850 SH   SOLE   35,850 0 0
IDT CORP CL B NEW 448947507 199 13,096 SH   SOLE   13,096 0 0
INTEL CORP COM 458140100 440 12,161 SH   SOLE   12,161 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,295 14,320 SH   SOLE   14,320 0 0
INTL PAPER CO COM 460146103 853 15,798 SH   SOLE   15,798 0 0
JOHNSON & JOHNSON COM 478160104 3,762 30,465 SH   SOLE   30,465 0 0
KLONDEX MNS LTD COM 498696103 39 11,000 SH   SOLE   11,000 0 0
LENNAR CORP CL B 526057302 1,023 24,000 SH   SOLE   24,000 0 0
LEUCADIA NATL CORP COM 527288104 12,073 475,494 SH   SOLE   475,494 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 222 2,470 SH   SOLE   2,470 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 618 6,774 SH   SOLE   6,774 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 449 12,964 SH   SOLE   12,964 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 307 12,521 SH   SOLE   12,521 0 0
LOEWS CORP COM 540424108 13,966 299,569 SH   SOLE   299,569 0 0
MARATHON OIL CORP COM 565849106 673 45,277 SH   SOLE   45,277 0 0
MARKEL CORP COM 570535104 17,441 17,988 SH   SOLE   17,988 0 0
MCDERMOTT INTL INC COM 580037109 150 23,000 SH   SOLE   23,000 0 0
MERCK & CO INC COM 58933Y105 303 4,869 SH   SOLE   4,869 0 0
METHANEX CORP COM 59151K108 427 9,300 SH   SOLE   9,300 0 0
METLIFE INC COM 59156R108 617 11,909 SH   SOLE   11,909 0 0
MICROSOFT CORP COM 594918104 5,249 76,675 SH   SOLE   76,675 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,120 74,675 SH   SOLE   74,675 0 0
NABORS INDUSTRIES LTD SHS G6359F103 108 10,400 SH   SOLE   10,400 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 335 25,456 SH   SOLE   25,456 0 0
NOBLE CORP PLC SHS USD G65431101 176 36,675 SH   SOLE   36,675 0 0
NOVARTIS A G SPONSORED ADR 66987V109 672 8,724 SH   SOLE   8,724 0 0
NOW INC COM 67011P100 1,104 64,930 SH   SOLE   64,930 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 370 26,125 SH   SOLE   26,125 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 718 15,280 SH   SOLE   15,280 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 580 9,428 SH   SOLE   9,428 0 0
OFG BANCORP COM 67103X102 350 29,916 SH   SOLE   29,916 0 0
PICO HLDGS INC COM NEW 693366205 2,070 128,592 SH   SOLE   128,592 0 0
PATTERSON UTI ENERGY INC COM 703481101 762 35,200 SH   SOLE   35,200 0 0
PAYPAL HLDGS INC COM 70450Y103 411 8,603 SH   SOLE   8,603 0 0
PEPSICO INC COM 713448108 367 3,242 SH   SOLE   3,242 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 727 76,450 SH   SOLE   76,450 0 0
PFIZER INC COM 717081103 650 19,166 SH   SOLE   19,166 0 0
PG&E CORP COM 69331C108 256 3,823 SH   SOLE   3,823 0 0
PHARMATHENE INC COM 71714G102 15 20,000 SH   SOLE   20,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 739 6,171 SH   SOLE   6,171 0 0
PROCTER AND GAMBLE CO COM 742718109 448 5,125 SH   SOLE   5,125 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 246 1,732 SH   SOLE   1,732 0 0
RESOLUTE FST PRODS INC COM 76117W109 64 10,300 SH   SOLE   10,300 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 97 10,442 SH   SOLE   10,442 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,271 145,920 SH   SOLE   145,920 0 0
ROYCE VALUE TR INC COM 780910105 1,154 79,170 SH   SOLE   79,170 0 0
RPC INC COM 749660106 7,225 397,655 SH   SOLE   397,655 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 354 1,488 SH   SOLE   1,488 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 1,274 34,260 SH   SOLE   34,260 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,014 143,259 SH   SOLE   143,259 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 861 38,633 SH   SOLE   38,633 0 0
SEMPRA ENERGY COM 816851109 461 4,077 SH   SOLE   4,077 0 0
SNYDERS-LANCE INC COM 833551104 454 12,886 SH   SOLE   12,886 0 0
SOLITARIO EXPL & RTY CORP COM 8342EP107 11 14,300 SH   SOLE   14,300 0 0
SOURCE CAP INC COM 836144105 2,373 62,177 SH   SOLE   62,177 0 0
SYSCO CORP COM 871829107 816 15,442 SH   SOLE   15,442 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 321 58,918 SH   SOLE   58,918 0 0
TEGNA INC COM 87901J105 4,046 158,810 SH   SOLE   158,810 0 0
SOUTHERN CO COM 842587107 422 8,466 SH   SOLE   8,466 0 0
TIMMINS GOLD CORP COM 88741P103 16 40,000 SH   SOLE   40,000 0 0
TOTAL S A SPONSORED ADR 89151E109 438 8,561 SH   SOLE   8,561 0 0
TRI POINTE GROUP INC COM 87265H109 2,892 232,260 SH   SOLE   232,260 0 0
TRINITY PL HLDGS INC COM 89656D101 86 12,038 SH   SOLE   12,038 0 0
US BANCORP DEL COM NEW 902973304 1,107 21,591 SH   SOLE   21,591 0 0
UNITED SECURITY BANCSHARES C COM 911460103 176 21,049 SH   SOLE   21,049 0 0
V F CORP COM 918204108 415 7,600 SH   SOLE   7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,973 21,567 SH   SOLE   21,567 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 380 7,100 SH   SOLE   7,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 529 11,521 SH   SOLE   11,521 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 586 22,376 SH   SOLE   22,376 0 0
W & T OFFSHORE INC COM 92922P106 31 15,250 SH   SOLE   15,250 0 0
WELLS FARGO & CO NEW COM 949746101 1,325 24,602 SH   SOLE   24,602 0 0
WESTAMERICA BANCORPORATION COM 957090103 4,391 79,812 SH   SOLE   79,812 0 0
WEYERHAEUSER CO COM 962166104 969 28,613 SH   SOLE   28,613 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 25,984 30,251 SH   SOLE   30,251 0 0