XML 34 R5.htm IDEA: XBRL DOCUMENT v2.4.1.9

Condensed Statements of Operations (USD $)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
EXPENSES
Sponsor's Fee	$ 548,386us-gaap_SponsorFees	$ 753,558us-gaap_SponsorFees
Total expenses	548,000us-gaap_OperatingExpenses	754,000us-gaap_OperatingExpenses
Net investment loss	(548,000)pall_NetInvestmentGainLoss	(754,000)pall_NetInvestmentGainLoss
REALIZED AND UNREALIZED GAINS / (LOSSES)
Realized gain on palladium transferred to pay expenses	102,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses	82,000us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses
Realized gain on palladium distributed for the redemption of Shares	7,455,000pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares	7,995,000pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares
Change in unrealized (loss) / gain on investment in palladium	(39,675,000)pall_ChangeInUnrealizedGainLossOnInvestmentInBullion	36,292,000pall_ChangeInUnrealizedGainLossOnInvestmentInBullion
Total (loss) / gain on palladium	(32,118,000)pall_TotalGainLossOnBullion	44,369,000pall_TotalGainLossOnBullion
Change in net assets from operations	$ (32,666,000)us-gaap_NetIncomeLoss	$ 43,615,000us-gaap_NetIncomeLoss
Net (decrease) / increase in net assets per Share	$ (6.57)us-gaap_EarningsPerShareBasic	$ 6.26us-gaap_EarningsPerShareBasic
Weighted average number of Shares (in Shares)	4,970,556us-gaap_WeightedAverageNumberOfSharesOutstandingBasic	6,966,111us-gaap_WeightedAverageNumberOfSharesOutstandingBasic

X

- Definition

Change in unrealized gain (loss) on investment in Bullion

+ References

No definition available.

+ Details

Name:	pall_ChangeInUnrealizedGainLossOnInvestmentInBullion
Namespace Prefix:	pall_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Details

Name:	pall_ExpensesAbstract
Namespace Prefix:	pall_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Net investment gain (loss)

+ References

No definition available.

+ Details

Name:	pall_NetInvestmentGainLoss
Namespace Prefix:	pall_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Realized gain or loss during the period on bullion distributed for the redemption of Shares. Realized gains or losses are calculated on a trade date basis using average cost.

+ References

No definition available.

+ Details

Name:	pall_RealizedGainLossOnBullionDistributedForRedemptionOfShares
Namespace Prefix:	pall_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The net gain or loss in the period on bullion.

+ References

No definition available.

+ Details

Name:	pall_TotalGainLossOnBullion
Namespace Prefix:	pall_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257







Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 45



-Paragraph 2



-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256







Reference 3: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 55



-Paragraph 52



-URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258







Reference 4: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 225



-SubTopic 10



-Section S99



-Paragraph 2



-Subparagraph (SX 210.5-03.21)



-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688







Reference 5: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 944



-SubTopic 225



-Section S99



-Paragraph 1



-Subparagraph (SX 210.7-04.19)



-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913







Reference 6: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 942



-SubTopic 225



-Section S99



-Paragraph 1



-Subparagraph (SX 210.9-04.23)



-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882







Reference 7: http://www.xbrl.org/2003/role/presentationRef



-Publisher SEC



-Name Regulation S-X (SX)



-Number 210



-Section 04



-Paragraph 18



-Article 7







Reference 8: http://www.xbrl.org/2003/role/presentationRef



-Publisher SEC



-Name Regulation S-X (SX)



-Number 210



-Section 03



-Paragraph 20



-Article 5







Reference 9: http://www.xbrl.org/2003/role/presentationRef



-Publisher SEC



-Name Regulation S-X (SX)



-Number 210



-Section 04



-Paragraph 21



-Article 9

+ Details

Name:	us-gaap_EarningsPerShareBasic
Namespace Prefix:	us-gaap_
Data Type:	num:perShareItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_GainLossOnInvestmentsRealizedAndUnrealizedAlternativeAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Gain (loss) related to the sale of trust assets (includes, but is not limited to, gold and silver) to pay trust expenses.

+ References

No definition available.

+ Details

Name:	us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 230



-SubTopic 10



-Section 45



-Paragraph 28



-URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585







Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257







Reference 3: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Glossary Other Comprehensive Income



-URI http://asc.fasb.org/extlink&oid=6519514







Reference 4: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Glossary Net Income



-URI http://asc.fasb.org/extlink&oid=6518256







Reference 5: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 944



-SubTopic 225



-Section S99



-Paragraph 1



-Subparagraph (SX 210.7-04.19)



-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913







Reference 6: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 225



-SubTopic 10



-Section S99



-Paragraph 2



-Subparagraph (SX 210.5-03.18)



-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688







Reference 7: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 944



-SubTopic 225



-Section S99



-Paragraph 1



-Subparagraph (SX 210.7-04.22)



-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913







Reference 8: http://www.xbrl.org/2003/role/presentationRef



-Publisher SEC



-Name Regulation S-X (SX)



-Number 210



-Section 03



-Paragraph 19



-Article 5







Reference 9: http://www.xbrl.org/2003/role/presentationRef



-Publisher SEC



-Name Regulation S-X (SX)



-Number 210



-Section 04



-Paragraph 20



-Article 9

+ Details

Name:	us-gaap_NetIncomeLoss
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	duration

X

- Definition

Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.

+ References

No definition available.

+ Details

Name:	us-gaap_OperatingExpenses
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Fees paid to advisors who provide certain management support and administrative oversight services including the organization and sale of stock, investment funds, limited partnerships and mutual funds.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 225



-SubTopic 10



-Section S99



-Paragraph 2



-Subparagraph (SX 210.5-03.3)



-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

+ Details

Name:	us-gaap_SponsorFees
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-Subparagraph (a)



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257







Reference 2: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 45



-Paragraph 10



-URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1448-109256







Reference 3: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Glossary Weighted-Average Number of Common Shares Outstanding



-URI http://asc.fasb.org/extlink&oid=6528421

+ Details

Name:	us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Namespace Prefix:	us-gaap_
Data Type:	xbrli:sharesItemType
Balance Type:	na
Period Type:	duration