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Assets Held at Refco Capital Markets, Ltd.
 9 Months Ended
Sep. 30, 2014
Sale Of Bankruptcy Claims Related To Derivative Counterparty [Abstract]  
Sale Of Bankruptcy Claims Related To Derivative Counterparty [Text Block]
(6)         Assets Held at Refco Capital Markets, Ltd.

Effective October 31, 2005, $57,544,206 of equity and 2,273,288 in substitute units, which represented the assets held at REFCO, LTD plus $1,000,000 in cash, were transferred to a Non-Trading account, as explained in Note 2(g).  On December 31, 2005 the $56,544,206 of assets held at REFCO, LTD were reduced by $39,580,944 for impairment to $16,963,262, or 30% of the original value of the assets.  The table below summarizes all recoveries from REFCO, LTD and distributions to redeemed and continuing unitholders.

Recoveries from REFCO, LTD, Distributions paid by US Bank from the LLC, and effect on impaired value of assets held at REFCO, LTD
 
   
Amounts Received from
   
Balance of
   
Collections in Excess of
   
Cash Distributions to Non-Participating
   
Additional Units in Trust for Participating Owners
 
Date
 
REFCO LTD
   
Impaired Value
   
Impaired Value
   
Owners
   
Units
   
Dollars
 
12/29/06
 
$
10,319,318
   
$
6,643,944
   
$
-
   
$
4,180,958
     
54,914
   
$
5,154,711
 
04/20/07
   
2,787,629
     
3,856,315
     
-
     
-
     
-
     
-
 
06/07/07
   
265,758
     
3,590,557
     
-
     
-
     
-
     
-
 
06/28/07
   
4,783,640
     
-
     
1,193,083
     
-
     
-
     
-
 
07/03/07
   
5,654
     
-
     
5,654
     
-
     
-
     
-
 
08/29/07
   
-
     
-
     
-
     
2,787,947
     
23,183
     
1,758,626
 
09/19/07
   
2,584,070
     
-
     
2,584,070
     
-
     
-
     
-
 
12/31/07
   
2,708,467
     
-
     
2,708,467
     
-
     
-
     
-
 
03/28/08
   
1,046,068
     
-
     
1,046,068
     
-
     
-
     
-
 
04/29/08
   
-
     
-
     
-
     
2,241,680
     
10,736
     
1,053,815
 
06/26/08
   
701,148
     
-
     
701,148
     
-
     
-
     
-
 
12/31/08
   
769,001
     
-
     
769,001
     
-
     
-
     
-
 
06/29/09
   
2,748,048
     
-
     
2,748,048
     
-
     
-
     
-
 
12/30/09
   
1,102,612
     
-
     
1,102,612
     
-
     
-
     
-
 
05/19/10
   
1,695,150
     
-
     
1,695,150
     
-
     
-
     
-
 
06/04/10
   
14,329,450
*
   
-
     
14,329,450
*
   
-
     
-
     
-
 
08/01/10
   
-
     
-
     
-
     
16,076,112
     
40,839
     
3,928,806
 
10/15/10
   
282,790
*
   
-
     
282,790
*
   
-
     
-
     
-
 
12/30/10
   
563,163
*
   
-
     
563,163
*
   
-
     
-
     
-
 
06/02/11
   
343,664
*
   
-
     
343,664
*
   
-
     
-
     
-
 
08/30/11
   
1,328,832
*
   
-
     
1,328,832
*
   
-
     
-
     
-
 
12/01/11
   
-
     
-
     
-
     
3,689,555
     
6,168
     
561,489
 
10/31/12
   
404,908
*
   
-
     
404,908
*
   
-
     
-
     
-
 
12/05/12
   
294,875
*
   
-
     
294,875
*
   
-
     
-
     
-
 
08/05/13
   
240,556
*
   
-
     
240,556
*
   
-
     
-
     
-
 
                                                 
Totals
 
$
49,304,801
   
$
-
   
$
32,341,539
   
$
28,976,252
     
135,840
   
$
12,457,447
 

*The collections on June 4, 2010 were from a settlement agreement reached with Cargill, Inc. and Cargill Investors Services, Inc (together, "Cargill").  The gross collections of $15,300,000 on June 4, 2010, were reduced by $970,550, which represented Cargill's percentage of distributions, as defined in the Settlement Agreement.  All subsequent collections are shown net and were reduced by Cargill's percentage of distributions at 57.25% of the gross collections.