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Derivative Instruments and Hedging Activities (Trust) (Tables) - Teucrium Commodity Trust [Member]
 12 Months Ended
Dec. 31, 2015
Schedule of Fair Value of Derivative Instruments

Offsetting of Financial Assets and Derivative Assets as of December 31, 2015

 

(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     Futures              
    Gross Amount     Statement of     Statement of     Contracts              
    of Recognized     Assets and     Assets and     Available for     Collateral, Due        
Description    Assets     Liabilities     Liabilities     Offset     to Broker     Net Amount  
Commodity price                                                
   Soybean futures contracts   $ 16,175     $ -     $ 16,175     $ 16,175     $ -     $ -  
   Sugar futures contracts     364,056       -       364,056       -       -       364,056  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 2015

 

(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     Futures              
    Gross Amount     Statement of     Statement of     Contracts              
    of Recognized     Assets and     Assets and     Available for     Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Offset     from Broker     Net Amount  
Commodity price                                                
   Corn futures contracts   $ 3,908,550     $ -     $ 3,908,550     $ -     $ 3,908,550     $ -  
   Soybean futures contracts     238,662       -       238,662       16,175       222,487       -  
   Wheat futures contracts     1,924,464       -       1,924,464       -       1,924,464       -  

 

Offsetting of Financial Assets and Derivative Assets as of December 31, 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     Futures              
    Gross Amount     Statement of     Statement of     Contracts              
    of  Recognized     Assets and     Assets and     Available for     Collateral, Due        
Description    Assets     Liabilities     Liabilities     Offset     to Broker     Net Amount  
Commodity price                                                
   Corn futures contracts   $ 3,651,637     $ -     $ 3,651,637     $ 1,899,925     $ -     $ 1,751,712  
   Wheat futures contracts     729,626       -       729,626       13,125       60,805       655,696  

 

Offsetting of Financial Liabilities and Derivative Liabilities as of December 31, 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     Futures              
    Gross Amount     Statement of     Statement of     Contracts              
    of Recognized     Assets and     Assets and     Available for     Collateral, Due        
Description    Liabilities     Liabilities     Liabilities     Offset     from Broker     Net Amount  
Commodity price                                                
   Corn futures contracts   $ 1,899,925     $ -     $ 1,899,925     $ 1,899,925     $ -     $ -  
   Soybean futures contracts     277,013       -       277,013       -       277,013       -  
   Sugar futures contracts     503,955       -       503,955       -       503,955       -  
   Wheat futures contracts     13,125       -       13,125       13,125       -       -  
Summary of Realized and Net Change in Unrealized Gains (Losses) of the Derivative Instruments

Year ended December 31, 2015

 

        Net Change in Unrealized
    Realized Loss on   Appreciation or Depreciation on
Primary Underlying Risk   Commodity Futures Contracts   Commodity Futures Contacts
Commodity price                
Corn futures contracts   $ (8,533,650 )    $ (5,660,263 ) 
Soybean futures contracts     (1,355,738 )      54,526  
Sugar futures contracts     (1,279,891 )     868,011  
Wheat futures contracts     (4,559,863 )      (2,640,963 ) 
Total commodity futures contracts   $ (15,729,142 )    $ (7,378,689 ) 

 

Year ended December 31, 2014

 

Net Change in Unrealized
Realized (Loss) Gain on Appreciation or Depreciation on
Primary Underlying Risk Commodity Futures Contracts Commodity Futures Contacts
Commodity price        
Corn futures contracts   $ (11,085,713 )   $ 6,636,500
Natural gas futures contracts     67,650
    (84,050 ) 
WTI crude oil futures contracts     (652,430 )     (82,450 ) 
Soybean futures contracts     (278,763 )     (88,150 ) 
Sugar futures contracts     (131,410 )     (320,555 )
Wheat futures contracts     (2,486,162 )     1,415,175
Total commodity futures contracts   $ (14,566,828 )   $ 7,476,470

 

Year ended December 31, 2013

 

Net Change in Unrealized
Realized Loss on Appreciation or Depreciation on
Primary Underlying Risk Commodity Futures Contracts Commodity Futures Contacts
Commodity price        
Corn futures contracts   $ (10,581,838 )    $ (2,671,013 )
Natural gas futures contracts     (250,149 )     308,419  
WTI crude oil futures contracts     (10,798 )     95,668
Soybean futures contracts     (43,450 )      32,512
Sugar futures contracts     (400,994 )     (105,022 ) 
Wheat futures contracts     (1,554,250 )      (507,587 )
Total commodity futures contracts   $ (12,841,479 )    $ (2,847,023 )