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STATEMENTS OF OPERATIONS (Tags) - Teucrium Agricultural Fund [Member] - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income        
Realized loss on securities $ (26,170) $ (42,132) $ (41,558) $ (114,318)
Net change in unrealized appreciation or depreciation on securities 131,077 120,518 155,712 8,486
Interest income (loss) 4 (1) 6 (3)
Total income (loss) 104,911 78,385 114,160 (105,835)
Expenses        
Professional fees 2,169 3,426 4,597 6,093
Distribution and marketing fees 3,057 3,329 9,000 9,190
Custodian fees and expenses 572 42,400 1,337 43,000
Business permits and licenses fees 5,009 12,115 15,509
General and administrative expenses 557 5,276 1,016 8,090
Brokerage commissions 115 223
Other expenses 103 136 276 309
Total expenses 6,573 59,576 28,564 82,191
Expenses waived by the Sponsor (4,813) (57,780) (25,170) (78,470)
Total expenses, net 1,760 1,796 3,394 3,721
Net (loss) income $ 103,151 $ 76,589 $ 110,766 $ (109,556)
Net income (loss) per share $ 2.06 $ 1.53 $ 2.21 $ (2.19)
Net income (loss) per weighted average share $ 2.06 $ 1.53 $ 2.22 $ (2.19)
Weighted average shares outstanding 50,002 50,002 50,002 50,002