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Fair Value Measurements (Crud) (Tables) (Teucrium WTI Crude Oil Fund [Member])
3 Months Ended
Mar. 31, 2014
Teucrium WTI Crude Oil Fund [Member]
 
Schedule of Assets and Liabilities Measured at Fair Value

 

March 31, 2014

                Balance as of
Assets:   Level 1   Level 2   Level 3   March 31, 2014
Cash equivalents   $ 2,015,138     $ -     $ -     $ 2,015,138  
Commodity futures contracts     137,100       -       -       137,100  
Total   $ 2,152,238     $ -     $ -     $ 2,152,238  

 

December 31, 2013

                Balance as of
Assets:   Level 1   Level 2   Level 3   December 31, 2013
Cash equivalents   $ 1,962,616     $ -     $ -     $ 1,962,616  
Commodity futures contracts     87,530       -       -       87,530  
Total   $ 2,050,146     $ -     $ -     $ 2,050,146  

 

                Balance as of
Liabilities:   Level 1   Level 2   Level 3   December 31, 2013
Commodity futures contracts   $ 5,080     $ -     $ -     $ 5,080