XML 234 R212.htm IDEA: XBRL DOCUMENT v3.23.2
Note 5 - Derivative Instruments and Hedging Activities - Offsetting of Financial Assets and Liabilities and Derivative Assets and Liabilities - Teucrium Wheat Fund (Details) - USD ($)
Jun. 30, 2023
Dec. 31, 2022
Derivative liabilities $ 37,562,733 $ 29,433,069
Wheat Futures Contracts [Member]    
Gross amount of recognized liabilities 23,351,829 26,380,838
Gross amount offset, liabilities 0 0
Derivative liabilities 23,351,829 26,380,838
Futures contracts available for offset, liabilities 0 3,160,732
Collateral, due from broker, liabilities [1] 23,351,829 23,220,106
Net amount, liabilities 0 0
Gross amount of recognized assets   3,160,732
Gross amount offset, assets   0
Derivative asset   3,160,732
Available for offset, assets   3,160,732
Collateral, due to broker, assets   0
Net amount, assets   0
Wheat Futures Contracts [Member] | Teucrium Wheat Fund [Member]    
Gross amount of recognized liabilities 23,351,829 26,380,838
Gross amount offset, liabilities 0 0
Derivative liabilities 23,351,829 26,380,838
Futures contracts available for offset, liabilities 0 3,160,732
Collateral, due from broker, liabilities [1] 23,351,829 23,220,106
Net amount, liabilities 0 0
Gross amount of recognized assets 3,160,732  
Gross amount offset, assets 0  
Derivative asset 3,160,732 $ 3,160,732
Available for offset, assets 3,160,732  
Collateral, due to broker, assets 0  
Net amount, assets $ 0  
[1] The amount of collateral presented in Collateral, Due from Broker, is limited to the liability for the futures contracts and accordingly does not include the excess collateral pledged.