XML 56 R25.htm IDEA: XBRL DOCUMENT v3.3.1.900
Summary of Significant Accounting Policies (Trust) (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
item
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2013
USD ($)
shares
Dec. 31, 2012
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Teucrium Commodity Trust [Member]              
Basis of Presentation              
Number of underlying Funds which TAGS will buy, sell and hold, as part of its normal operations | item 4            
Cash and Cash Equivalents              
Money market funds $ 2,539,641 $ 142,419,068          
Demand-deposit savings accounts $ 90,021,968            
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 1,601,237 1,365,214 $ 1,146,603        
Performing Accounting and Financial Reporting Regulatory Compliance and Trading Activities Costs Waived by Sponsor 138,262 113,224 94,684        
Expenses waived by the Sponsor $ 980,683 640,328 880,639        
Expenses subject to reimbursement     590,000 $ 560,000      
Reimbursement of expenses previously waived 379,753 509,033        
Teucrium Commodity Trust [Member] | Derivative Liabilities [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   2,449,800          
Teucrium Commodity Trust [Member] | Derivative Liabilities [Member] | CBOT Soybean Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   12,075          
Teucrium Commodity Trust [Member] | Derivative Liabilities [Member] | CBOT Wheat Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   2,437,725         $ 12,075
Teucrium Commodity Trust [Member] | Derivative Assets [Member] | ICE Sugar Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   17,405       $ 17,405  
Teucrium Commodity Trust [Member] | Derivative Assets [Member] | CBOT Wheat Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1 $ 1,178,088       $ 1,178,088    
Teucrium Corn Fund [Member]              
Creations and Redemptions              
Minimum level of shares per Redemption Basket minimum level | shares 50,000            
Minimum number of Redemption Baskets 2            
Cash and Cash Equivalents              
Money market funds $ 899,313 106,858,496          
Demand-deposit savings accounts $ 56,210,776            
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 1,034,163 1,047,648 839,590        
Performing Accounting and Financial Reporting Regulatory Compliance and Trading Activities Costs Waived by Sponsor 20,000 20,312 3,120        
Expenses waived by the Sponsor $ 96,068 105,270 426,248 549,718      
Expenses subject to reimbursement     426,248        
Reimbursement of expenses previously waived 308,312 410,405        
Teucrium Natural Gas Fund [Member]              
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Expenses waived by the Sponsor   109,611 80,970        
Teucrium WTI Crude Oil Fund [Member]              
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Expenses waived by the Sponsor   131,324 76,461        
Teucrium Soybean Fund [Member]              
Creations and Redemptions              
Minimum level of shares per Redemption Basket minimum level | shares 50,000            
Minimum number of Redemption Baskets 2            
Cash and Cash Equivalents              
Money market funds $ 161,718 11,505,788          
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 124,331 49,492 111,577        
Performing Accounting and Financial Reporting Regulatory Compliance and Trading Activities Costs Waived by Sponsor 49,086 12,915 280        
Expenses waived by the Sponsor $ 304,609 65,617 68,857        
Expenses subject to reimbursement     68,857 76,921      
Reimbursement of expenses previously waived 25,139 47,161        
Teucrium Soybean Fund [Member] | Derivative Liabilities [Member] | CBOT Soybean Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   12,075         $ 12,075
Teucrium Sugar Fund [Member]              
Creations and Redemptions              
Minimum level of shares per Redemption Basket minimum level | shares 50,000            
Minimum number of Redemption Baskets 2            
Cash and Cash Equivalents              
Money market funds $ 297,460 2,484,769          
Demand-deposit savings accounts $ 4,635,331            
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 47,236 25,911 22,989        
Performing Accounting and Financial Reporting Regulatory Compliance and Trading Activities Costs Waived by Sponsor 33,483 25,845 22,989        
Expenses waived by the Sponsor $ 256,227 119,696 97,147        
Expenses subject to reimbursement   119,696 97,147        
Teucrium Sugar Fund [Member] | Derivative Liabilities [Member] | ICE Sugar Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1   17,405          
Teucrium Wheat Fund [Member]              
Creations and Redemptions              
Minimum level of shares per Redemption Basket minimum level | shares 50,000            
Minimum number of Redemption Baskets 2            
Cash and Cash Equivalents              
Money market funds $ 1,179,336 21,568,368          
Demand-deposit savings accounts $ 23,399,755            
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 382,178 193,111 104,432        
Performing Accounting and Financial Reporting Regulatory Compliance and Trading Activities Costs Waived by Sponsor 22,364 5,100 280        
Expenses waived by the Sponsor $ 130,716 31,697 69,416        
Expenses subject to reimbursement   31,697 69,416 $ 101,790      
Reimbursement of expenses previously waived 46,302 $ 51,467        
Teucrium Wheat Fund [Member] | Derivative Liabilities [Member] | CBOT Wheat Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1 $ 1,178,088 $ 2,437,725          
Teucrium Wheat Fund [Member] | Derivative Assets [Member] | CBOT Wheat Futures One [Member]              
Fair Value - Definition and Hierarchy              
Transfers into Level 1         $ 1,178,088    
Teucrium Agricultural Fund [Member]              
Creations and Redemptions              
Minimum level of shares per Redemption Basket minimum level | shares 50,000 50,000 50,000        
Minimum number of Redemption Baskets 2 2 2        
Cash and Cash Equivalents              
Money market funds $ 1,815 $ 1,647          
Sponsor Fee Allocation of Expenses and Related Party Transactions [Abstract]              
Annual sponsor fee 1.00%            
Performing accounting and financial reporting, regulatory compliance, and trading activities cost $ 13,329 16,234 $ 20,773        
Expenses waived by the Sponsor $ 193,063 77,113 $ 61,539        
Expenses subject to reimbursement   $ 77,113