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
3 M COM 88579Y101 252 2,114 SH   SOLE   2,114 0 0
ABBVIE INC COM 00287y109 303 6,785 SH   SOLE   6,785 0 0
AFFILIATED MANAGERS GRP COM 008252108 28,755 157,440 SH   SOLE   156,990 450 0
AMERICAN EXPRESS CO COM 025816109 25,863 342,469 SH   SOLE   341,169 1,300 0
ANNALY CAP MGMT INC COM 035710409 14,485 1,250,875 SH   SOLE   1,250,875 0 0
APACHE CORP COM 037411105 724 8,500 SH   SOLE   8,500 0 0
APPLE INC COM 037833100 4,702 9,863 SH   SOLE   9,863 0 0
APPLE INC CALL 037833900 143 300 SH   SOLE   300 0 0
BANK OF AMERICA CORP COM 060505104 241 17,500 SH   SOLE   17,500 0 0
BB&T CORPORATION COM 054937107 235 6,950 SH   SOLE   6,950 0 0
BERKSHIRE HATHAWAY A COM 084670108 7,668 45 SH   SOLE   45 0 0
BERKSHIRE HATHAWAY B COM 084670702 89,653 789,826 SH   SOLE   786,826 3,000 0
BIGLARI HOLDINGS INC COM 08986r101 4,402 10,668 SH   SOLE   10,668 0 0
BLACKSTONE GROUP COM 09253u908 1,357 54,500 SH   SOLE   54,500 0 0
BP PLC ADR F SPONSORED ADR 1 A COM 055622104 915 21,777 SH   SOLE   21,777 0 0
BROOKFIELD ASSET MGMT COM 112585104 9,445 252,532 SH   SOLE   252,532 0 0
CBS CORPORATION CL B NEW COM 124857202 248 4,500 SH   SOLE   4,500 0 0
CHEVRON CORPORATION COM 166764100 2,998 24,672 SH   SOLE   24,672 0 0
CITY NATIONAL CORP COM 178566105 25,850 387,785 SH   SOLE   387,285 500 0
COCA COLA COM COM 191216100 21,879 577,596 SH   SOLE   576,596 1,000 0
CONOCOPHILLIPS COM 20825C104 800 11,503 SH   SOLE   11,503 0 0
COSTCO WHSL CORP NEW COM 22160K105 392 3,407 SH   SOLE   3,407 0 0
DIAMOND HILL INVESTMENT GROUP COM 25264R207 289 2,700 SH   SOLE   2,700 0 0
DIAMONDS TRUST SERIES 1 PUT 78467x959 604 4,000 SH   SOLE   4,000 0 0
DIAMONDS TRUST SERIES 1 PUT 78467x959 2,265 15,000 SH   SOLE   15,000 0 0
DIAMONDS TRUST SERIES 1 PUT 78467x959 1,510 10,000 SH   SOLE   10,000 0 0
DIAMONDS TRUST SERIES 1 PUT 78467x959 453 3,000 SH   SOLE   3,000 0 0
DISNEY WALT CO COM 254687106 2,429 37,665 SH   SOLE   37,665 0 0
DOUGLAS EMMETT INC COM 25960p109 15,674 667,837 SH   SOLE   665,837 2,000 0
DU PONT E I DE NEMOURS COM 263534109 284 4,852 SH   SOLE   4,852 0 0
ENSTAR GROUP LTD COM g3075p101 26,181 191,660 SH   SOLE   191,360 300 0
ESTEE LAUDER COM 518439104 10,903 155,980 SH   SOLE   155,480 500 0
EXPEDITORS INTL WASH COM 302130109 1,034 23,475 SH   SOLE   23,475 0 0
EXXON MOBIL CORP COM COM 30231g102 31,935 371,169 SH   SOLE   370,169 1,000 0
FAIRFAX FINL HLDGS LTD COM 303901102 2,579 6,363 SH   SOLE   6,363 0 0
FARMERS CAP BK CORP COM 309562106 208 9,500 SH   SOLE   9,500 0 0
FDX CORP COM 31428x106 228 2,000 SH   SOLE   2,000 0 0
FIRST BUSEY CORP COM 319383105 399 76,600 SH   SOLE   76,600 0 0
GAMCO INVS INC COM 361438104 33,044 435,196 SH   SOLE   433,946 1,250 0
GENERAL ELECTRIC CO COM 369604103 269 11,277 SH   SOLE   11,277 0 0
GOLDMAN SACHS GRP INC COM 38141g104 21,797 137,773 SH   SOLE   137,523 250 0
GOOGLE INC CL A COM 38259p508 16,103 18,384 SH   SOLE   18,384 0 0
HALIBURTON CO COM 406216101 203 4,209 SH   SOLE   4,209 0 0
HOWARD HUGHES CORP COM 44267d107 1,764 15,700 SH   SOLE   15,700 0 0
HUMANA INC COM 444859102 660 7,075 SH   SOLE   7,075 0 0
INTERNATIONAL BUS MACH COM 459200101 406 2,190 SH   SOLE   2,190 0 0
ISHARES MSCI EAFE INDEX FUND COM 464287465 423 6,635 SH   SOLE   6,635 0 0
ISHARES TR 1-3 YR CR BD ETF COM 464288646 242 2,300 SH   SOLE   2,300 0 0
JOHNSON AND JOHNSON COM 478160104 23,016 265,493 SH   SOLE   264,993 500 0
JPMORGAN CHASE & CO COM 46625h100 17,888 346,067 SH   SOLE   343,615 2,452 0
KRAFT FOODS GROUP INC COM 50076q106 307 5,858 SH   SOLE   5,858 0 0
LAS VEGAS SANDS CORP COM 517834107 988 14,870 SH   SOLE   14,870 0 0
LEUCADIA NATL CORP COM 527288104 26,997 991,081 SH   SOLE   989,081 2,000 0
MARKEL CORP COM COM 570535104 42,078 81,267 SH   SOLE   81,017 250 0
MCDONALDS CORP COM 580135101 2,010 20,887 SH   SOLE   20,887 0 0
MERCK & CO INC COM 58933y105 304 6,386 SH   SOLE   6,386 0 0
MONDELEZ INTL INC COM 609207105 231 7,361 SH   SOLE   7,361 0 0
NESTLE S.A SPONS COM 641069406 204 2,922 SH   SOLE   2,922 0 0
NIKE INC CL B COM 654106103 14,436 198,733 SH   SOLE   198,733 0 0
NORTHERN TRUST CORP COM 665859104 850 15,625 SH   SOLE   15,625 0 0
OCCIDENTAL PETE CORP COM 674599105 2,419 25,858 SH   SOLE   25,858 0 0
PENN NATL GAMING CORP COM 707569109 17,562 317,233 SH   SOLE   316,483 750 0
PEPSICO INC COM 713448108 21,777 273,926 SH   SOLE   273,526 400 0
PFIZER INC COM 717081103 541 18,851 SH   SOLE   18,851 0 0
PHILIP MORRIS INTL INC COM 718172109 755 8,716 SH   SOLE   8,716 0 0
PNC FINL SERVICES GP INC COM 693475105 3,439 47,466 SH   SOLE   45,816 1,650 0
PROCTER & GAMBLE CO COM 742718109 14,941 197,661 SH   SOLE   197,061 600 0
QUALCOMM INC COM 747525103 254 3,767 SH   SOLE   3,767 0 0
REALOGY HLDGS CORP COM 75605y106 243 5,650 SH   SOLE   5,650 0 0
ROYAL DUTCH SHELL A ADRF SPONS COM 780259206 286 4,360 SH   SOLE   4,360 0 0
S&P DEPOSITARY RECEIPTS COM 78462F103 208 1,240 SH   SOLE   1,240 0 0
S&P MIDCAP 400 COM 595635103 259 1,143 SH   SOLE   1,143 0 0
SCHLUMBERGER LTD COM 806857108 4,865 55,064 SH   SOLE   55,064 0 0
SCHWAB CHARLES CORP COM 808513105 318 15,050 SH   SOLE   15,050 0 0
SEACOAST BKG CORP FLA COM 811707306 4,447 2,049,356 SH   SOLE   2,049,356 0 0
SOUTHERN NATL BANCORP VA COM 843395104 2,569 266,664 SH   SOLE   266,664 0 0
SPDR GOLD TRUST COM 78463v107 211 1,650 SH   SOLE   1,650 0 0
SPECTRA ENERGY CORP COM 847560109 306 8,951 SH   SOLE   8,951 0 0
SYNOVUS FINANCIAL COM 87161c105 58 17,625 SH   SOLE   17,625 0 0
T ROWE PRICE ASSOCIATES COM 74144t108 2,039 28,341 SH   SOLE   28,341 0 0
TIFFANY & CO NEW COM 886547108 15,579 203,330 SH   SOLE   202,930 400 0
TOTAL SYS SERV INC COM 891906109 205 6,984 SH   SOLE   6,984 0 0
ULTRA PETROLEUM CORP COM 903914109 2,900 140,975 SH   SOLE   140,975 0 0
UNITED PARCEL SVC COM 911312106 1,437 15,725 SH   SOLE   15,725 0 0
UNITED TECHNOLOGIES CP COM 913017109 1,035 9,598 SH   SOLE   9,598 0 0
US BANCORP DEL COM 902973304 1,292 35,327 SH   SOLE   35,327 0 0
VIACOM INC CL B NEW COM 925524308 257 3,073 SH   SOLE   3,073 0 0
VORNADO REALTY TRUST COM 929042109 20,307 241,576 SH   SOLE   240,826 750 0
WAL-MART STORES INC COM 931142103 26,499 358,285 SH   SOLE   357,185 1,100 0
WELLS FARGO & CO COM 949746101 23,758 574,977 SH   SOLE   572,227 2,750 0
WESTERN UNION CO COM 959802109 420 22,500 SH   SOLE   22,500 0 0
WINTRUST FINANCIAL CORP COM 97650W108 2,051 49,935 SH   SOLE   49,935 0 0
WYNN RESORTS LTD COM 983134107 24,924 157,739 SH   SOLE   157,339 400 0