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Derivative Instruments and Hedging Activities (Nags) (Tables) (Teucrium Natural Gas Fund [Member])
9 Months Ended
Sep. 30, 2014
Teucrium Natural Gas Fund [Member]
 
Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of September 30, 2014

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities
       
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Assets     Liabilities     Liabilities     Available for Offset     to Broker     Net Amount  
Commodity price                                                
   Natural gas futures contracts   $ 430     $ -     $ 430     $ 430     $ -     $ -  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of September 30, 2014

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities
       
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Available for Offset     from Broker     Net Amount  
Commodity price                                                
   Natural gas futures contracts   $ 42,730     $ -     $ 42,730     $ 430     $ 84,248     $ 41,948  

 

 

Offsetting of Financial Assets and Derivative Assets as of December 31, 2013

    (i)     (ii)     (iii) = (i) – (ii)     (iv)     (v) = (iii) – (iv)  
                                     
                                     
                      Gross Amount Not Offset in the        
                      Statement of Assets and
Liabilities
       
          Gross Amount     Net Amount                    
          Offset in the     Presented in the                    
    Gross Amount     Statement of     Statement of                    
    of Recognized     Assets and     Assets and     Futures Contracts      Collateral, Due        
Description    Assets     Liabilities     Liabilities     Available for Offset     to Broker     Net Amount  
Commodity price                                                
   Natural gas futures contracts   $ 84,050     $ -     $ 84,050     $ -     $ 74,157     $ 9,893  
Schedule of Realized and Unrealized Gains (Losses) of Derivative Instruments

 

Three months ended September 30, 2014

    Realized Gain on     Net Change in Unrealized Loss
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments
Commodity price            
Natural gas futures contracts   $ 4,960     $ (109,020 )

 

 

Three months ended September 30, 2013

    Realized Loss on     Net Change in Unrealized Gain
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments
Commodity price            
Natural gas futures contracts   $ (125,490 )   $ 65,830  
                 

 

Nine months ended September 30, 2014

    Realized Gain on     Net Change in Unrealized Loss
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments
Commodity price            
Natural gas futures contracts   $ 288,110     $ (126,350 )
                 

 

Nine months ended September 30, 2013

    Realized Loss on     Net Change in Unrealized Gain
Primary Underlying Risk   Derivative Instruments     on Derivative Instruments
Commodity price            
Natural gas futures contracts   $ (224,549 )   $ 130,339