XML 42 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9
Statements of Changes in Shareholders’ Equity (Deficit) (USD $)
In Thousands
Scenario, After Application of ASU 2013-08 [Member]
Total
Shareholders’ equity (deficit) – beginning of period(a) at Dec. 31, 2013 $ 6,271,029us-gaap_StockholdersEquity
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
[1],[2] $ 0us-gaap_StockholdersEquity
Subscriptions 590,757us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
590,757us-gaap_TemporaryEquityStockIssuedDuringPeriodValueNewIssues
Redemptions (605,982)iau_ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
(605,982)iau_ValueOfStockClassifiedAsTemporaryEquitySurrenderedDuringReportingPeriod
Net investment loss (16,628)us-gaap_OperatingIncomeLoss
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
(16,628)us-gaap_OperatingIncomeLoss [3],[4]
Net realized gain from investment in gold bullion sold to pay expenses 699us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
699us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses [3]
Net realized gain from gold bullion distributed for the redemption of Shares 13,670iau_NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
13,670iau_NetRealizedGainLossFromGoldDistributedForTheRedemptionOfShares [3]
Net change in unrealized appreciation/depreciation on investment in gold bullion (40,158)us-gaap_UnrealizedGainLossOnInvestments
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
(40,158)us-gaap_UnrealizedGainLossOnInvestments [3]
Net income (loss) [3]   (42,417)us-gaap_NetIncomeLoss
Adjustment of redeemable capital Shares to redemption value   (15,225)us-gaap_TemporaryEquityIssuePeriodIncreaseOrDecrease
Shareholders’ equity (deficit) – end of period at Dec. 31, 2014 [2] $ 6,213,387us-gaap_StockholdersEquity
/ us-gaap_StatementScenarioAxis
= iau_ScenarioAfterApplicationOfASU201308Member
$ 6,213,387us-gaap_StockholdersEquity
[1] The Trust reclassified redeemable capital Shares as of December 31, 2013 into shareholders' equity as part of its transition to investment company accounting effective January 1, 2014. Please refer to Note 2B.
[2] Represents net asset value. Please refer to Note 2D.
[3] Effective January 1, 2014, the Trust qualifies as an investment company for accounting purposes. Please refer to Note 2B.
[4] Net investment loss is applicable to investment companies. Please refer to Note 2B.