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 CO COM 88579Y101 210 1,000 SH   SOLE   1,000 0 0
AT&T INC COM 00206R102 1,055 26,933 SH   SOLE   26,933 0 0
ABBOTT LABS COM 002824100 1,684 31,559 SH   SOLE   31,559 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 797 29,142 SH   SOLE   29,142 0 0
AERCAP HOLDINGS NV SHS N00985106 566 11,069 SH   SOLE   11,069 0 0
AIR PRODS & CHEMS INC COM 009158106 573 3,787 SH   SOLE   3,787 0 0
ALLEGHANY CORP DEL COM 017175100 20,810 37,562 SH   SOLE   37,562 0 0
AMERCO COM 023586100 1,307 3,486 SH   SOLE   3,486 0 0
AMERICAN EXPRESS CO COM 025816109 836 9,246 SH   SOLE   9,246 0 0
AMERICAN NATL INS CO COM 028591105 1,642 13,906 SH   SOLE   13,906 0 0
AMGEN INC COM 031162100 1,216 6,523 SH   SOLE   6,523 0 0
ANIXTER INTL INC COM 035290105 315 3,700 SH   SOLE   3,700 0 0
ANNALY CAP MGMT INC COM 035710409 261 21,450 SH   SOLE   21,450 0 0
ANTERO RES CORP COM 03674X106 872 43,800 SH   SOLE   43,800 0 0
APPLE INC COM 037833100 1,422 9,227 SH   SOLE   9,227 0 0
APPLIED MATLS INC COM 038222105 738 14,167 SH   SOLE   14,167 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 278 4,524 SH   SOLE   4,524 0 0
ATWOOD OCEANICS INC COM 050095108 191 20,295 SH   SOLE   20,295 0 0
BANK AMER CORP COM 060505104 312 12,305 SH   SOLE   12,305 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,212 79,440 SH   SOLE   79,440 0 0
BERKLEY W R CORP COM 084423102 14,463 216,704 SH   SOLE   216,704 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,198 8 SH   SOLE   8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 48,352 263,755 SH   SOLE   263,755 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 558 16,711 SH   SOLE   16,711 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 483 15,575 SH   SOLE   15,575 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 1,984 134,992 SH   SOLE   134,992 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,679 20,770 SH   SOLE   20,770 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,046 25,335 SH   SOLE   25,335 0 0
CNA FINL CORP COM 126117100 2,237 44,526 SH   SOLE   44,526 0 0
CABLE ONE INC COM 12685J105 451 625 SH   SOLE   625 0 0
CALIFORNIA RES CORP COM NEW 13057Q206 744 71,097 SH   SOLE   71,097 0 0
CAMECO CORP COM 13321L108 103 10,603 SH   SOLE   10,603 0 0
CANADIAN NAT RES LTD COM 136385101 347 10,362 SH   SOLE   10,362 0 0
CARS COM INC COM 14575E105 1,308 49,151 SH   SOLE   49,151 0 0
CATHAY GEN BANCORP COM 149150104 434 10,800 SH   SOLE   10,800 0 0
CHEMOURS CO COM 163851108 299 5,909 SH   SOLE   5,909 0 0
CHESAPEAKE ENERGY CORP COM 165167107 70 16,175 SH   SOLE   16,175 0 0
CHEVRON CORP NEW COM 166764100 1,501 12,775 SH   SOLE   12,775 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 1,329 79,118 SH   SOLE   79,118 0 0
CIMAREX ENERGY CO COM 171798101 4,961 43,642 SH   SOLE   43,642 0 0
CISCO SYS INC COM 17275R102 669 19,907 SH   SOLE   19,907 0 0
CLOROX CO DEL COM 189054109 200 1,519 SH   SOLE   1,519 0 0
COCA COLA CO COM 191216100 2,087 46,360 SH   SOLE   46,360 0 0
COMCAST CORP NEW CL A 20030N101 214 5,558 SH   SOLE   5,558 0 0
COMPASS MINERALS INTL INC COM 20451N101 260 4,000 SH   SOLE   4,000 0 0
CONOCOPHILLIPS COM 20825C104 1,372 27,408 SH   SOLE   27,408 0 0
CONSOL ENERGY INC COM 20854P109 177 10,450 SH   SOLE   10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 2,077 34,575 SH   SOLE   34,575 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 92 18,193 SH   SOLE   18,193 0 0
CORNING INC COM 219350105 565 18,870 SH   SOLE   18,870 0 0
COSTCO WHSL CORP NEW COM 22160K105 407 2,475 SH   SOLE   2,475 0 0
COVANTA HLDG CORP COM 22282E102 598 40,250 SH   SOLE   40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,243 85,145 SH   SOLE   85,145 0 0
DEVON ENERGY CORP NEW COM 25179M103 206 5,606 SH   SOLE   5,606 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 522 36,011 SH   SOLE   36,011 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 713 47,399 SH   SOLE   47,399 0 0
DOWDUPONT INC COM 26078J100 2,696 38,945 SH   SOLE   38,945 0 0
EBAY INC COM 278642103 306 7,955 SH   SOLE   7,955 0 0
EDISON INTL COM 281020107 270 3,500 SH   SOLE   3,500 0 0
EMERSON ELEC CO COM 291011104 1,627 25,885 SH   SOLE   25,885 0 0
ENSCO PLC SHS CLASS A G3157S106 113 18,946 SH   SOLE   18,946 0 0
ENSTAR GROUP LIMITED SHS G3075P101 13,394 60,240 SH   SOLE   60,240 0 0
ENTERGY CORP NEW COM 29364G103 538 7,050 SH   SOLE   7,050 0 0
EQT CORP COM 26884L109 254 3,900 SH   SOLE   3,900 0 0
EXXON MOBIL CORP COM 30231G102 344 4,198 SH   SOLE   4,198 0 0
FAIRFAX FINANCIAL HLDGS LTD COM 303901102 9,597 18,492 SH   SOLE   18,492 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 2,967 116,326 SH   SOLE   116,326 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 849 106,550 SH   SOLE   106,550 0 0
GANNETT CO INC COM 36473H104 680 75,565 SH   SOLE   75,565 0 0
GENER8 MARITIME INC COM Y26889108 79 17,500 SH   SOLE   17,500 0 0
GENERAL DYNAMICS CORP COM 369550108 754 3,666 SH   SOLE   3,666 0 0
GENERAL ELECTRIC CO COM 369604103 340 14,070 SH   SOLE   14,070 0 0
GENERAL AMERN INVS INC COM 368802104 4,527 125,685 SH   SOLE   125,685 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 670 37,595 SH   SOLE   37,595 0 0
GOLUB CAP BDC INC COM 38173M102 391 20,800 SH   SOLE   20,800 0 0
GRAHAM HLDGS CO COM 384637104 366 625 SH   SOLE   625 0 0
GREIF INC CL B 397624206 665 10,343 SH   SOLE   10,343 0 0
HALLADOR ENERGY COMPANY COM 40609P105 103 18,054 SH   SOLE   18,054 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 576 10,400 SH   SOLE   10,400 0 0
HELMERICH & PAYNE INC COM 423452101 1,886 36,200 SH   SOLE   36,200 0 0
IDT CORP CL B NEW 448947507 164 11,632 SH   SOLE   11,632 0 0
INTEL CORP COM 458140100 358 9,404 SH   SOLE   9,404 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 1,796 12,377 SH   SOLE   12,377 0 0
INTL PAPER CO COM 460146103 832 14,647 SH   SOLE   14,647 0 0
JOHNSON & JOHNSON COM 478160104 3,661 28,159 SH   SOLE   28,159 0 0
JPMORGAN CHASE & CO COM 46625H100 200 2,094 SH   SOLE   2,094 0 0
KLONDEX MNS LTD COM 498696103 40 11,000 SH   SOLE   11,000 0 0
LENNAR CORP CL B 526057302 965 21,400 SH   SOLE   21,400 0 0
LEUCADIA NATL CORP COM 527288104 11,526 456,489 SH   SOLE   456,489 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 223 2,368 SH   SOLE   2,368 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 619 6,500 SH   SOLE   6,500 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 400 12,218 SH   SOLE   12,218 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 304 12,046 SH   SOLE   12,046 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 237 7,460 SH   SOLE   7,460 0 0
LOEWS CORP COM 540424108 14,193 296,562 SH   SOLE   296,562 0 0
MARATHON OIL CORP COM 565849106 582 42,934 SH   SOLE   42,934 0 0
MARKEL CORP COM 570535104 17,968 16,824 SH   SOLE   16,824 0 0
MCDERMOTT INTL INC COM 580037109 95 13,000 SH   SOLE   13,000 0 0
MERCK & CO INC COM 58933Y105 283 4,414 SH   SOLE   4,414 0 0
METHANEX CORP COM 59151K108 443 8,800 SH   SOLE   8,800 0 0
METLIFE INC COM 59156R108 559 10,759 SH   SOLE   10,759 0 0
MICROSOFT CORP COM 594918104 5,138 68,979 SH   SOLE   68,979 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,190 73,528 SH   SOLE   73,528 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 362 24,456 SH   SOLE   24,456 0 0
NOBLE CORP PLC SHS USD G65431101 164 35,575 SH   SOLE   35,575 0 0
NOVARTIS A G SPONSORED ADR 66987V109 670 7,806 SH   SOLE   7,806 0 0
NOW INC COM 67011P100 3,240 234,645 SH   SOLE   234,645 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 379 22,600 SH   SOLE   22,600 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 719 15,280 SH   SOLE   15,280 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 547 8,514 SH   SOLE   8,514 0 0
OFG BANCORP COM 67103X102 262 28,616 SH   SOLE   28,616 0 0
PICO HLDGS INC COM NEW 693366205 2,091 125,213 SH   SOLE   125,213 0 0
PATTERSON UTI ENERGY INC COM 703481101 710 33,900 SH   SOLE   33,900 0 0
PAYPAL HLDGS INC COM 70450Y103 535 8,353 SH   SOLE   8,353 0 0
PEPSICO INC COM 713448108 356 3,192 SH   SOLE   3,192 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 651 74,750 SH   SOLE   74,750 0 0
PFIZER INC COM 717081103 452 12,671 SH   SOLE   12,671 0 0
PG&E CORP COM 69331C108 249 3,661 SH   SOLE   3,661 0 0
PNC FINL SVCS GROUP INC COM 693475105 770 5,715 SH   SOLE   5,715 0 0
PROCTER AND GAMBLE CO COM 742718109 360 3,961 SH   SOLE   3,961 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 230 1,700 SH   SOLE   1,700 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,319 140,605 SH   SOLE   140,605 0 0
ROYCE VALUE TR INC COM 780910105 1,143 72,389 SH   SOLE   72,389 0 0
RPC INC COM 749660106 9,083 366,398 SH   SOLE   366,398 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 404 1,608 SH   SOLE   1,608 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 1,471 36,066 SH   SOLE   36,066 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 1,116 142,322 SH   SOLE   142,322 0 0
SANOFI SPONSORED ADR 80105N105 204 4,095 SH   SOLE   4,095 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 694 36,333 SH   SOLE   36,333 0 0
SEMPRA ENERGY COM 816851109 442 3,877 SH   SOLE   3,877 0 0
SNYDERS-LANCE INC COM 833551104 491 12,886 SH   SOLE   12,886 0 0
SOLITARIO ZINC CORP COM 8342EP107 10 14,300 SH   SOLE   14,300 0 0
SOURCE CAP INC COM 836144105 2,347 58,361 SH   SOLE   58,361 0 0
SYSCO CORP COM 871829107 717 13,292 SH   SOLE   13,292 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 297 51,166 SH   SOLE   51,166 0 0
TEGNA INC COM 87901J105 2,021 151,610 SH   SOLE   151,610 0 0
SOUTHERN CO COM 842587107 416 8,466 SH   SOLE   8,466 0 0
TOTAL S A SPONSORED ADR 89151E109 437 8,161 SH   SOLE   8,161 0 0
TRI POINTE GROUP INC COM 87265H109 3,078 222,883 SH   SOLE   222,883 0 0
US BANCORP DEL COM NEW 902973304 1,157 21,591 SH   SOLE   21,591 0 0
UNITED SECURITY BANCSHARES C COM 911460103 200 21,049 SH   SOLE   21,049 0 0
V F CORP COM 918204108 483 7,600 SH   SOLE   7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,884 19,873 SH   SOLE   19,873 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 414 7,100 SH   SOLE   7,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 471 9,526 SH   SOLE   9,526 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 559 19,629 SH   SOLE   19,629 0 0
WELLS FARGO CO NEW COM 949746101 946 17,151 SH   SOLE   17,151 0 0
WESTAMERICA BANCORPORATION COM 957090103 4,751 79,798 SH   SOLE   79,798 0 0
WEYERHAEUSER CO COM 962166104 891 26,184 SH   SOLE   26,184 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 24,806 28,945 SH   SOLE   28,945 0 0
ZOETIS INC CL A 98978V103 210 3,286 SH   SOLE   3,286 0 0