XML 80 R57.htm IDEA: XBRL DOCUMENT v3.5.0.2
STATEMENTS OF OPERATIONS (Soyb) - Teucrium Soybean Fund [Member] - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Income        
Realized gain (loss) on commodity futures contracts $ 861,575 $ (151,338) $ 961,900 $ (734,713)
Net change in unrealized appreciation or depreciation on commodity futures contracts 1,246,300 537,613 1,590,925 594,551
Interest income 16,167 1,491 27,294 1,840
Total income (loss) 2,124,042 387,766 2,580,119 (138,322)
Expenses        
Management fees 30,449 15,450 51,818 36,902
Professional fees 9,134 13,339 19,921 32,685
Distribution and marketing fees 58,944 7,858 95,013 47,542
Custodian fees and expenses 7,723 61,000 11,940 64,000
Business permits and licenses fees 4,610 8,676 9,146 10,074
General and administrative expenses 8,587 4,631 14,403 8,978
Brokerage commissions 439 1,391 1,507 2,762
Other expenses 2,824 255 5,446 2,496
Total expenses 122,710 112,600 209,194 205,439
Expenses waived by the Sponsor (65,022) (114,172)
Total expenses, net 122,710 47,578 209,194 91,267
Net (loss) income $ 2,001,332 $ 340,188 $ 2,370,925 $ (229,589)
Net income (loss) per share $ 3.35 $ 0.98 $ 4.03 $ (0.19)
Net income (loss) per weighted average share $ 3.25 $ 1.06 $ 4.28 $ (0.61)
Weighted average shares outstanding 616,488 321,982 553,713 374,866