XML 169 R64.htm IDEA: XBRL DOCUMENT v2.4.0.6

Derivative Instruments and Hedging Activities (Tables) (Teucrium Natural Gas Fund [Member])

3 Months Ended

Mar. 31, 2013

Teucrium Natural Gas Fund [Member]

Schedule of Fair Value of Derivative Instruments

As of March 31, 2013:

		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Primary Underlying Risk - Assets		Commodity Futures Contracts				Collateral, Due from Broker
Commodity price		$	268,180			$	-
		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Primary Underlying Risk - Liabilities		Commodity Futures Contracts				Collateral, Due to Broker
Commodity price		$	-			$	136,990
As of December 31, 2012:
		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Primary Underlying Risk - Assets		Commodity Futures Contracts				Collateral, Due from Broker
Commodity price		$	9,550			$	367,374

		Gross Amounts Not Offset in the Statements of Assets and Liabilities
Primary Underlying Risk - Liabilities		Commodity Futures Contracts				Collateral, Due to Broker
Commodity price		$	233,919			$	-

Schedule of Realized and Unrealized Gains (Losses) of Derivative Instruments

Three months ended March 31, 2013

		Realized Loss on				Net Change in Unrealized Gain
Primary Underlying Risk		Derivative Instruments				on Derivative Instruments
Commodity price
Commodity futures contracts		$	(110,739	)		$	492,549

Three months ended March 31, 2012

		Realized Loss on				Net Change in Unrealized Gain
Primary Underlying Risk		Derivative Instruments				on Derivative Instruments
Commodity price
Commodity futures contracts		$	(504,280	)		$	132,570

Schedule of Volume of Derivative Activities

At March 31, 2013, the notional amounts and number of contracts, categorized by primary underlying risk, were as follows:

		Long Exposure
		Notional				Number
Primary Underlying Risk		Amounts				of Contracts
Commodity price
Commodity futures contracts		$	3,764,890				90

At December 31, 2012, the notional amounts and number of contracts, categorized by primary underlying risk, were as follows:

		Long exposure
		Notional				Number
Primary Underlying Risk		Amounts				of Contracts
Commodity price
Commodity futures contracts		$	4,623,670				131

X

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4A

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959



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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 205G

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44C

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4C

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 205G

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 4B

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959



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

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44C

-Subparagraph a

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the notional amounts of outstanding derivative positions.

+ References

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

-Publisher FASB

-Name Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

-Paragraph 1A

-Subparagraph (d)

-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5579245-113959

+ Details

Name:	us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration