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Fair Value Measurements (Crud) (Tables) (Teucrium WTI Crude Oil Fund [Member])
9 Months Ended
Sep. 30, 2014
Teucrium WTI Crude Oil Fund [Member]
 
Schedule of Assets and Liabilities Measured at Fair Value

 

September 30, 2014

                      Balance as of  
Assets:   Level 1     Level 2     Level 3    

September 302014

 
Cash equivalents   $ 1,973,894     $ -     $ -     $ 1,973,894  
WTI crude oil futures contracts     3,030       -       -       3,030  
Total   $ 1,976,924     $ -     $ -     $ 1,976,924  
                                 
                           Balance as of  
Liabilities:   Level 1     Level 2     Level 3         September 30, 2014  
WTI crude oil futures contracts   $ 30,550     $ -     $ -     $ 30,550  
                                 
                                 

December 31, 2013

                      Balance as of  
Assets:   Level 1     Level 2     Level 3    

December 312013

 
Cash equivalents   $ 1,962,616     $ -     $ -     $ 1,962,616  
WTI crude oil futures contracts     87,530       -       -       87,530  
Total   $ 2,050,146     $ -     $ -     $ 2,050,146  

 

                      Balance as of  
Liabilities:   Level 1     Level 2     Level 3    

December 312013

 
WTI crude oil futures contracts   $ 5,080     $ -     $ -     $ 5,080