XML 109 R78.htm IDEA: XBRL DOCUMENT v3.3.1.900
Derivative Instruments and Hedging Activities (Soyb) (Tables) - Teucrium Soybean Fund [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
Description Gross Amount
of Recognized
Assets
   Gross Amount
Offset in the
Statement of
Assets and
Liabilities		   Net Amount
Presented in the
Statement of
Assets and
Liabilities		   Futures Contracts
Available for Offset		   Collateral, Due
to Broker		   Net Amount
Commodity price                        
Soybean futures contracts   $ 16,175
   $ -   $ 16,175   $ 16,175 $ 0   $ -



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
Description Gross Amount
of Recognized
Liabilities		   Gross Amount
Offset in the
Statement of
Assets and
Liabilities		   Net Amount
Presented in the
Statement of
Assets and
Liabilities		   Futures Contracts
Available for Offset		   Collateral, Due
from Broker		   Net Amount
Commodity price                        
Soybean futures contracts   $ 238,662   $ -   $ 238,662   $ 16,175 $ 222,487   $ -

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
Description Gross Amount
of Recognized
Liabilities		   Gross Amount
Offset in the
Statement of
Assets and
Liabilities		   Net Amount
Presented in the
Statement of
Assets and
Liabilities		   Futures Contracts
Available for Offset		   Collateral, Due
from Broker		   Net Amount
Commodity price                        
Soybean futures contracts   $ 277,013   $ -   $ 277,013   $ - $ 277,013   $ -
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
Commodity Futures Contracts   Commodity Futures Contacts
Commodity Price  
 
Soybean futures contracts   $ (1,355,738 )   $ 54,526
               

Year ended December 31, 2014

  Net Change in Unrealized
Realized Loss on   Appreciation or Depreciation on
Commodity Futures Contracts   Commodity Futures Contacts
Commodity Price      
Soybean futures contracts   $ (278,763 )   $ (88,150 )
                 

Year ended December 31, 2013

  Net Change in Unrealized
Realized Loss on   Appreciation or Depreciation on
Commodity Futures Contracts   Commodity Futures Contacts
Commodity Price      
Soybean futures contracts   $ (43,450 )    $ 32,512