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 208 1,000 SH   SOLE   1,000 0 0
AT&T INC COM 00206R102 1,277 33,857 SH   SOLE   33,857 0 0
ABBOTT LABS COM 002824100 1,575 32,402 SH   SOLE   32,402 0 0
ABERDEEN LATIN AMER EQTY FD COM 00306K106 675 29,142 SH   SOLE   29,142 0 0
AERCAP HOLDINGS NV SHS N00985106 517 11,144 SH   SOLE   11,144 0 0
AIR PRODS & CHEMS INC COM 009158106 545 3,812 SH   SOLE   3,812 0 0
ALLEGHANY CORP DEL COM 017175100 22,487 37,806 SH   SOLE   37,806 0 0
AMERCO COM 023586100 1,282 3,501 SH   SOLE   3,501 0 0
AMERICAN EXPRESS CO COM 025816109 783 9,291 SH   SOLE   9,291 0 0
AMERICAN NATL INS CO COM 028591105 1,651 14,171 SH   SOLE   14,171 0 0
AMGEN INC COM 031162100 1,204 6,994 SH   SOLE   6,994 0 0
ANIXTER INTL INC COM 035290105 313 4,000 SH   SOLE   4,000 0 0
ANNALY CAP MGMT INC COM 035710409 421 34,900 SH   SOLE   34,900 0 0
ANTERO RES CORP COM 03674X106 973 45,010 SH   SOLE   45,010 0 0
APPLE INC COM 037833100 1,447 10,049 SH   SOLE   10,049 0 0
APPLIED MATLS INC COM 038222105 668 16,167 SH   SOLE   16,167 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 284 4,679 SH   SOLE   4,679 0 0
ATWOOD OCEANICS INC COM 050095108 172 21,145 SH   SOLE   21,145 0 0
BANK AMER CORP COM 060505104 447 18,440 SH   SOLE   18,440 0 0
BANK NEW YORK MELLON CORP COM 064058100 4,395 86,140 SH   SOLE   86,140 0 0
BERKLEY W R CORP COM 084423102 15,529 224,503 SH   SOLE   224,503 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 2,038 8 SH   SOLE   8 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 47,589 280,978 SH   SOLE   280,978 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 584 17,511 SH   SOLE   17,511 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 461 14,575 SH   SOLE   14,575 0 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 2,337 129,775 SH   SOLE   129,775 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,758 23,270 SH   SOLE   23,270 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,103 28,130 SH   SOLE   28,130 0 0
CNA FINL CORP COM 126117100 2,339 47,976 SH   SOLE   47,976 0 0
CABLE ONE INC COM 12685J105 515 725 SH   SOLE   725 0 0
CAMECO CORP COM 13321L108 110 12,103 SH   SOLE   12,103 0 0
CANADIAN NAT RES LTD COM 136385101 314 10,904 SH   SOLE   10,904 0 0
CARS COM INC COM 14575E105 1,336 50,151 SH   SOLE   50,151 0 0
CATHAY GEN BANCORP COM 149150104 410 10,800 SH   SOLE   10,800 0 0
CHEMOURS CO COM 163851108 227 5,989 SH   SOLE   5,989 0 0
CHESAPEAKE ENERGY CORP COM 165167107 129 25,875 SH   SOLE   25,875 0 0
CHEVRON CORP NEW COM 166764100 1,656 15,875 SH   SOLE   15,875 0 0
CHICAGO BRIDGE & IRON CO N V COM 167250109 1,722 87,258 SH   SOLE   87,258 0 0
CIMAREX ENERGY CO COM 171798101 4,469 47,541 SH   SOLE   47,541 0 0
CISCO SYS INC COM 17275R102 687 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 2,117 47,200 SH   SOLE   47,200 0 0
COMCAST CORP NEW CL A 20030N101 237 6,092 SH   SOLE   6,092 0 0
COMPASS MINERALS INTL INC COM 20451N101 261 4,000 SH   SOLE   4,000 0 0
CONOCOPHILLIPS COM 20825C104 1,205 27,407 SH   SOLE   27,407 0 0
CONSOL ENERGY INC COM 20854P109 156 10,450 SH   SOLE   10,450 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 2,043 35,875 SH   SOLE   35,875 0 0
CONTANGO OIL & GAS COMPANY COM NEW 21075N204 121 18,193 SH   SOLE   18,193 0 0
CORNING INC COM 219350105 591 19,670 SH   SOLE   19,670 0 0
COSTCO WHSL CORP NEW COM 22160K105 316 1,975 SH   SOLE   1,975 0 0
COVANTA HLDG CORP COM 22282E102 531 40,250 SH   SOLE   40,250 0 0
CROSS TIMBERS RTY TR TR UNIT 22757R109 1,162 75,870 SH   SOLE   75,870 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,486 46,470 SH   SOLE   46,470 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 406 37,512 SH   SOLE   37,512 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 537 37,170 SH   SOLE   37,170 0 0
DOW CHEM CO COM 260543103 408 6,474 SH   SOLE   6,474 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 2,272 28,148 SH   SOLE   28,148 0 0
EBAY INC COM 278642103 299 8,555 SH   SOLE   8,555 0 0
EDISON INTL COM 281020107 274 3,500 SH   SOLE   3,500 0 0
EMERSON ELEC CO COM 291011104 1,567 26,284 SH   SOLE   26,284 0 0
ENSCO PLC SHS CLASS A G3157S106 118 22,846 SH   SOLE   22,846 0 0
ENSTAR GROUP LIMITED SHS G3075P101 12,356 62,198 SH   SOLE   62,198 0 0
ENTERGY CORP NEW COM 29364G103 595 7,750 SH   SOLE   7,750 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 224 8,266 SH   SOLE   8,266 0 0
EQT CORP COM 26884L109 229 3,900 SH   SOLE   3,900 0 0
EXXON MOBIL CORP COM 30231G102 399 4,946 SH   SOLE   4,946 0 0
FACEBOOK INC CL A 30303M102 217 1,436 SH   SOLE   1,436 0 0
FAIRFAX FINANCIAL HLDGS LTD COM 303901102 8,749 20,213 SH   SOLE   20,213 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 2,993 123,820 SH   SOLE   123,820 0 0
FORTRESS INVESTMENT GROUP LL CL A 34958B106 855 107,050 SH   SOLE   107,050 0 0
GANNETT CO INC COM 36473H104 690 79,165 SH   SOLE   79,165 0 0
GENER8 MARITIME INC COM Y26889108 100 17,500 SH   SOLE   17,500 0 0
GENERAL DYNAMICS CORP COM 369550108 786 3,966 SH   SOLE   3,966 0 0
GENERAL ELECTRIC CO COM 369604103 380 14,068 SH   SOLE   14,068 0 0
GENERAL AMERN INVS INC COM 368802104 4,928 143,468 SH   SOLE   143,468 0 0
GEOSPACE TECHNOLOGIES CORP COM 37364X109 520 37,595 SH   SOLE   37,595 0 0
GOLUB CAP BDC INC COM 38173M102 323 16,900 SH   SOLE   16,900 0 0
GRAHAM HLDGS CO COM 384637104 435 725 SH   SOLE   725 0 0
GRAN TIERRA ENERGY INC COM 38500T101 27 12,000 SH   SOLE   12,000 0 0
GREIF INC CL B 397624206 1,664 27,557 SH   SOLE   27,557 0 0
HALLADOR ENERGY COMPANY COM 40609P105 140 18,053 SH   SOLE   18,053 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 557 10,600 SH   SOLE   10,600 0 0
HELMERICH & PAYNE INC COM 423452101 1,978 36,400 SH   SOLE   36,400 0 0
IDT CORP CL B NEW 448947507 188 13,096 SH   SOLE   13,096 0 0
INTEL CORP COM 458140100 410 12,161 SH   SOLE   12,161 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,199 14,293 SH   SOLE   14,293 0 0
INTL PAPER CO COM 460146103 894 15,798 SH   SOLE   15,798 0 0
JOHNSON & JOHNSON COM 478160104 4,030 30,465 SH   SOLE   30,465 0 0
JPMORGAN CHASE & CO COM 46625H100 209 2,284 SH   SOLE   2,284 0 0
KLONDEX MNS LTD COM 498696103 37 11,000 SH   SOLE   11,000 0 0
LENNAR CORP CL B 526057302 1,075 23,900 SH   SOLE   23,900 0 0
LEUCADIA NATL CORP COM 527288104 12,507 478,096 SH   SOLE   478,096 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 211 2,454 SH   SOLE   2,454 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 584 6,730 SH   SOLE   6,730 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 399 12,800 SH   SOLE   12,800 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 299 12,483 SH   SOLE   12,483 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 207 7,882 SH   SOLE   7,882 0 0
LOEWS CORP COM 540424108 14,465 309,019 SH   SOLE   309,019 0 0
MARATHON OIL CORP COM 565849106 537 45,281 SH   SOLE   45,281 0 0
MARKEL CORP COM 570535104 17,468 17,900 SH   SOLE   17,900 0 0
MCDERMOTT INTL INC COM 580037109 165 23,000 SH   SOLE   23,000 0 0
MERCK & CO INC COM 58933Y105 312 4,869 SH   SOLE   4,869 0 0
METHANEX CORP COM 59151K108 410 9,300 SH   SOLE   9,300 0 0
METLIFE INC COM 59156R108 654 11,909 SH   SOLE   11,909 0 0
MICROSOFT CORP COM 594918104 5,243 76,064 SH   SOLE   76,064 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 1,107 73,528 SH   SOLE   73,528 0 0
NABORS INDUSTRIES LTD SHS G6359F103 85 10,400 SH   SOLE   10,400 0 0
NEW MEDIA INVT GROUP INC COM 64704V106 343 25,456 SH   SOLE   25,456 0 0
NOBLE CORP PLC SHS USD G65431101 133 36,675 SH   SOLE   36,675 0 0
NOVARTIS A G SPONSORED ADR 66987V109 728 8,724 SH   SOLE   8,724 0 0
NOW INC COM 67011P100 2,542 158,062 SH   SOLE   158,062 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 363 26,125 SH   SOLE   26,125 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 712 15,280 SH   SOLE   15,280 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 533 8,911 SH   SOLE   8,911 0 0
OFG BANCORP COM 67103X102 299 29,916 SH   SOLE   29,916 0 0
PICO HLDGS INC COM NEW 693366205 2,228 127,292 SH   SOLE   127,292 0 0
PATTERSON UTI ENERGY INC COM 703481101 699 34,600 SH   SOLE   34,600 0 0
PAYPAL HLDGS INC COM 70450Y103 462 8,603 SH   SOLE   8,603 0 0
PEPSICO INC COM 713448108 374 3,242 SH   SOLE   3,242 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 665 76,450 SH   SOLE   76,450 0 0
PFIZER INC COM 717081103 626 18,635 SH   SOLE   18,635 0 0
PG&E CORP COM 69331C108 261 3,936 SH   SOLE   3,936 0 0
PNC FINL SVCS GROUP INC COM 693475105 771 6,171 SH   SOLE   6,171 0 0
PROCTER AND GAMBLE CO COM 742718109 348 3,993 SH   SOLE   3,993 0 0
REIS INC COM 75936P105 200 9,400 SH   SOLE   9,400 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 236 1,700 SH   SOLE   1,700 0 0
RESOLUTE FST PRODS INC COM 76117W109 45 10,300 SH   SOLE   10,300 0 0
ROYCE GLOBAL VALUE TR INC COM 78081T104 99 10,300 SH   SOLE   10,300 0 0
ROYCE MICRO-CAP TR INC COM 780915104 1,262 145,920 SH   SOLE   145,920 0 0
ROYCE VALUE TR INC COM 780910105 1,155 79,179 SH   SOLE   79,179 0 0
RPC INC COM 749660106 7,915 391,662 SH   SOLE   391,662 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 432 1,788 SH   SOLE   1,788 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 1,405 36,264 SH   SOLE   36,264 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 968 142,097 SH   SOLE   142,097 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 688 38,633 SH   SOLE   38,633 0 0
SEMPRA ENERGY COM 816851109 460 4,077 SH   SOLE   4,077 0 0
SNYDERS-LANCE INC COM 833551104 446 12,886 SH   SOLE   12,886 0 0
SOLITARIO EXPL & RTY CORP COM 8342EP107 10 14,300 SH   SOLE   14,300 0 0
SOURCE CAP INC COM 836144105 2,402 62,158 SH   SOLE   62,158 0 0
SYSCO CORP COM 871829107 777 15,442 SH   SOLE   15,442 0 0
TCW STRATEGIC INCOME FUND IN COM 872340104 332 58,918 SH   SOLE   58,918 0 0
TEGNA INC COM 87901J105 2,288 158,810 SH   SOLE   158,810 0 0
SOUTHERN CO COM 842587107 405 8,466 SH   SOLE   8,466 0 0
TOTAL S A SPONSORED ADR 89151E109 425 8,561 SH   SOLE   8,561 0 0
TRI POINTE GROUP INC COM 87265H109 3,064 232,260 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 1,121 21,591 SH   SOLE   21,591 0 0
UNITED SECURITY BANCSHARES C COM 911460103 195 21,049 SH   SOLE   21,049 0 0
V F CORP COM 918204108 438 7,600 SH   SOLE   7,600 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 1,995 21,523 SH   SOLE   21,523 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 391 7,100 SH   SOLE   7,100 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 515 11,521 SH   SOLE   11,521 0 0
VODAFONE GROUP PLC NEW SPONSORED ADR 92857W308 643 22,376 SH   SOLE   22,376 0 0
W & T OFFSHORE INC COM 92922P106 30 15,250 SH   SOLE   15,250 0 0
WELLS FARGO CO NEW COM 949746101 1,361 24,561 SH   SOLE   24,561 0 0
WESTAMERICA BANCORPORATION COM 957090103 4,473 79,812 SH   SOLE   79,812 0 0
WEYERHAEUSER CO COM 962166104 959 28,613 SH   SOLE   28,613 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 26,058 29,999 SH   SOLE   29,999 0 0
ZOETIS INC CL A 98978V103 205 3,286 SH   SOLE   3,286 0 0