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

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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
ALLIANCE RESOURCE PARTNERS L UT LTD PART 01877R108 38,670 5,363,324 SH   SOLE   5,363,324 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 6,706 623,832 SH   SOLE   623,832 0 0
BOSTON OMAHA CORP COM 101044105 255,369 8,053,271 SH   SOLE   8,053,271 0 0
DISCOVERY INC COM SER C 25470F302 37,471 1,293,000 SH   SOLE   1,293,000 0 0
DREAM FINDERS HOMES INC COM CL A 26154D100 48,860 2,000,000 SH   SOLE   2,000,000 0 0
FRONTIER COMMUNICATIONS PARE COM 35909D109 95,855 3,630,885 SH   SOLE   3,630,885 0 0
NACCO INDS INC CL A 629579103 5,052 194,014 SH   SOLE   194,014 0 0
NELNET INC CL A 64031N108 136,469 1,814,027 SH   SOLE   1,814,027 0 0
NICHOLAS FINL INC BC COM NEW 65373J209 24,385 2,177,272 SH   SOLE   2,177,272 0 0
WELLS FARGO CO NEW COM 949746101 155,646 3,436,650 SH   SOLE   3,436,650 0 0