Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	1,637,194	$79.62M	7.7%	$32.51	+10.8%	COM NEW	026874784
—	AMERICAN TOWER CORP	1,073,264	$79.56M	7.7%	$73.20	—	CL A	029912201
—	PIONEER NAT RES CO	418,460	$79M	7.6%	$144.75	—	COM	723787107
KMX	CARMAX INC	1,309,024	$63.45M	6.1%	$45.40	+7.7%	COM	143130102
—	MICROS SYS INC	1,230,353	$61.44M	5.9%	$43.29	—	COM	594901100
—	DENNYS CORP	9,401,479	$57.44M	5.5%	$5.63	—	COM	24869P104
MKL	MARKEL CORP	107,113	$55.46M	5.4%	$523.63	+0.3%	COM	570535104
—	INTERNAP NETWORK SVCS CORP	7,534,731	$52.37M	5.1%	$8.18	—	COM PAR $.001	45885A300
CCK	CROWN HOLDINGS INC	1,232,973	$52.13M	5.0%	$40.08	+3.7%	COM	228368106
AES	AES CORP	3,622,286	$48.14M	4.6%	$8.29	+1.3%	COM	00130H105
ALL	ALLSTATE CORP	710,372	$35.91M	3.5%	$37.14	+3.8%	COM	020002101
—	NII HLDGS INC	5,701,814	$34.61M	3.3%	$6.60	—	CL B NEW	62913F201
—	AFC ENTERPRISES INC	724,376	$31.58M	3.0%	$35.94	—	COM	00104Q107
—	TIME WARNER CABLE INC	262,918	$29.34M	2.8%	$112.48	—	COM	88732J207
IRDM	IRIDIUM COMMUNICATIONS INC	3,959,583	$27.24M	2.6%	$7.03	+6.5%	COM	46269C102
OLED	UNIVERSAL DISPLAY CORP	824,905	$26.42M	2.5%	$28.09	+7.7%	COM	91347P105
ROST	ROSS STORES INC	353,613	$25.74M	2.5%	$30.20	0.0%	COM	778296103
MSFT	MICROSOFT CORP	612,984	$20.4M	2.0%	$27.00	0.0%	COM	594918104
—	TEEKAY CORPORATION	440,095	$18.81M	1.8%	$40.71	—	COM	Y8564W103
—	MARKWEST ENERGY PARTNERS LP	246,134	$17.78M	1.7%	$66.85	—	UNIT LTD PARTN	570759100
—	DIRECTV	281,397	$16.82M	1.6%	$61.51	—	COM CL A	25490A101
—	CINCINNATI BELL INC NEW	5,025,543	$13.67M	1.3%	$3.06	—	COM	171871106
WFC	WELLS FARGO & CO NEW	254,856	$10.53M	1.0%	$27.36	+10.3%	COM	949746101
BOKF	B O K FINL CORP	162,013	$10.26M	1.0%	$46.03	+4.4%	COM NEW	05561Q201
—	SIX FLAGS ENTMT CORP NEW	242,263	$8.186M	0.8%	$35.16	—	COM	83001A102
BRK/B	BERKSHIRE HATHAWAY INC DEL	67,883	$7.705M	0.7%	$110.02	+4.9%	CL B	084670702
—	PVR PARTNERS LP	288,451	$6.669M	0.6%	$27.30	—	COM UNIT REPTG L	693665101
—	ACE LTD	68,350	$6.395M	0.6%	$89.48	—	SHS	H0023R105
BIP	BROOKFIELD INFRAST PARTNERS	127,387	$4.843M	0.5%	$36.52	—	LP INT UNIT	G16252101
EPD	ENTERPRISE PRODS PARTNERS LP	76,817	$4.689M	0.5%	$62.15	—	COM	293792107
—	PIONEER SOUTHWST ENRG PRTNR	105,640	$4.672M	0.5%	$34.28	—	UNIT LP INT	72388B106
APEI	AMERICAN PUBLIC EDUCATION INC	117,524	$4.442M	0.4%	$36.06	+9.2%	COM	02913V103
—	TEEKAY OFFSHORE PARTNERS LP	104,505	$3.486M	0.3%	$32.47	—	PARTNERSHIP UN	Y8565J101
—	SIRIUS XM RADIO INC	896,952	$3.476M	0.3%	$3.35	—	COM	82967N108
BRK/A	BERKSHIRE HATHAWAY INC DEL	19	$3.238M	0.3%	$165023.42	+4.8%	CL A	084670108
—	NUSTAR GP HOLDINGS LLC	140,185	$3.146M	0.3%	$25.10	—	UNIT RESTG LLC	67059L102
ET	ENERGY TRANSFER EQUITY LP	46,665	$3.07M	0.3%	$59.93	—	COM UT LTD PTN	29273V100
—	VANGUARD NATURAL RESOURCES L	105,620	$2.955M	0.3%	$27.90	—	COM UNIT	92205F106
—	CEDAR FAIR LP	67,027	$2.922M	0.3%	$41.40	—	DEPOSITRY UNIT	150185106
GOOD	GLADSTONE COML CORP	123,409	$2.216M	0.2%	$18.64	—	COM	376536108
—	SBA COMMUNICATIONS CORP	18,113	$1.457M	0.1%	$74.15	—	COM	78388J106
—	MACQUARIE INFRASTR CO LLC	23,785	$1.273M	0.1%	$53.45	—	MEMBERSHIP INT	55608b105
—	ANTARES PHARMA INC	277,460	$1.126M	0.1%	$4.16	—	COM	036642106
—	PROSHARES TR	29,670	$1.085M	0.1%	$40.70	—	PSHS ULSHT SP500	74347R883
—	AES TR III	19,500	$983K	0.1%	$50.51	—	PFD CV 6.75%	00808N202
OXY	OCCIDENTAL PETE CORP DEL	10,000	$935K	0.1%	$57.83	+2.4%	COM	674599105
—	SEADRILL LIMITED	18,820	$848K	0.1%	$40.76	—	SHS	G7945E105
—	LEXINGTON REALTY TRUST	74,266	$834K	0.1%	$11.67	—	COM	529043101
—	MATERIAL SCIENCES CORP	88,958	$834K	0.1%	$10.06	—	COM	576674105
—	POZEN INC	120,007	$688K	0.1%	$5.01	—	COM	73941U102
—	AMERICAN INTL GROUP INC	34,246	$649K	0.1%	$18.25	—	*W EXP 01/19/21	026874156
—	KINDER MORGAN ENERGY PARTNERS	8,000	$639K	0.1%	$85.40	—	UT LTD PARTNER	494550106
BK	BANK OF NEW YORK MELLON CORP	18,945	$572K	0.1%	$21.22	+7.3%	COM	064058100
COF	CAPITAL ONE FINL CORP	8,000	$550K	0.1%	$47.00	+14.8%	COM	14040H105
—	TIGERLOGIC CORPORATION	290,274	$496K	0.0%	$1.64	—	COM	8867EQ101
—	TWENTY FIRST CENTY FOX INC	12,556	$421K	0.0%	$33.53	—	CL A	90130A101
—	CINCINNATI BELL INC NEW	9,856	$415K	0.0%	$44.50	—	PFD CV DEP1/20	171871403
—	GENERAL ELECTRIC CO	16,250	$388K	0.0%	$23.44	—	COM	369604103
XOM	EXXON MOBIL CORP	3,950	$340K	0.0%	$53.69	+0.9%	COM	30231G102
COP	CONOCOPHILLIPS	3,440	$239K	0.0%	$44.49	0.0%	COM	20825C104
—	ACORN ENERGY INC	39,500	$233K	0.0%	$8.43	—	COM	004848107
—	ENBRIDGE ENERGY MANAGEMENT LP	8,006	$230K	0.0%	$28.73	—	SHS UNITS LLI	29250X103
—	RYDEX ETF TRUST	3,510	$229K	0.0%	$65.24	—	GUG S&P500 EQ WT	78355W106
—	FRONTIER COMMUNICATIONS CORP	54,350	$227K	0.0%	$4.05	—	COM	35906A108
PAA	PLAINS ALL AMERN PIPELINE LP	4,000	$211K	0.0%	$52.75	—	UNIT LTD PARTN	726503105
—	FAUQUIER BANKSHARES INC VA	16,000	$204K	0.0%	$12.13	—	COM	312059108
—	HORSEHEAD HLDG CORP	15,485	$193K	0.0%	$12.71	—	COM	440694305
WD	WALKER & DUNLOP INC	10,200	$162K	0.0%	$14.82	-8.9%	COM	93148P102