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Summary of Significant Accounting Policies (Soyb) (Tables) (Teucrium Soybean Fund [Member])
12 Months Ended
Dec. 31, 2013
Teucrium Soybean Fund [Member]
 
Schedule of Sponsor Fee and Allocation of Expenses

 

The following table presents information about the sponsor fee and allocation of expenses for the years ended December 31, 2013, 2012 and from the commencement of operations (September 19, 2011) through December 31, 2011.

             
            From the commencement of
    Year ended   Year ended   operations (September 19, 2011)
Expenses   December 31, 2013   December 31, 2012   through December 31, 2011
Management Fee to the Sponsor   $ 61,250     $ 63,352     $ 4,930  
Expenses by the Fund   $ 385,308     $ 475,934     $ 19,006  
Expenses Paid by the Sponsor   $ 8,400     $ 11,600     $ 25,000  
Waived Management Fee   $ -     $ -     $ 1,200  

 

The following table presents information about the sponsor fee and allocation of expenses for the three months ended December 31, 2013, 2012 and 2011.

 

    Three months ended   Three months ended   Three months ended
Expenses   December 31, 2013   December 31, 2012   December 31, 2011
Management Fee to the Sponsor   $ 11,996     $ 19,212     $ 4,930  
Expenses by the Fund   $ 93,518     $ 145,711     $ 18,858  
Expenses Paid by the Sponsor   $ 2,700     $ -     $ 25,000  
Waived Management Fee   $ -     $ -     $ 1,200