XML 40 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Trading Companies (Tables)
 12 Months Ended
Dec. 31, 2013
Trading Companies [Abstract]  
Partnership's investments in affiliated trading companies
The following tables summarize the Partnership’s investments in affiliated Trading Companies as of December 31, 2013 and 2012.  Each Trading Company pays each Trading Advisor a monthly management fee and a quarterly incentive fee equal to 20% of the trading profits earned (refer to Note 5. Trading Advisors to the Trading Companies) for further information.
 
December 31, 2013

Investment
 
% of
Polaris’
Partners’
Capital
  
Fair Value
  
Polaris’
pro rata
Net
Income (Loss)
  
Polaris’
Management
Fees
  
Polaris’
Incentive
Fees
  
Polaris’
Administrative
Fees
 
 
    
$ 
  
$ 
  
$ 
  
$ 
  
$ 
 
BHM I, LLC
  
41.9
   
41,594,514
   
279,158
   
987,561
   
–
   
–
 
Altis I, LLC
  
25.4
   
25,192,531
   
(1,159,079
)
  
374,539
   
–
   
–
 
Aspect I, LLC
  
15.0
   
14,920,512
   
(710,569
)
  
340,448
   
–
   
–
 
Boronia I, LLC
  
13.1
   
13,028,763
   
1,992,111
   
233,568
   
7,640
   
–
 
Kaiser I, LLC
  
10.0
   
9,956,991
   
1,101,287
   
195,946
   
277,322
   
–
 
AHL I, LLC
  
–
   
–
   
(671,611
)
  
271,816
   
–
   
–
 

 December 31, 2012
Investment
 
% of
Polaris’
Partners’ Capital
  
Fair Value
  
Polaris’
pro rata
Net Loss
  
Polaris’
Management
Fees
  
Polaris’
Incentive
Fees
  
Polaris’
Administrative
Fees
 
     
$ 
  
$ 
  
$ 
  
$ 
  
$ 
 
BHM I, LLC
  
37.5
   
60,469,759
   
(2,801,451
)
  
1,407,088
   
–
   
–
 
Altis I, LLC
  
21.1
   
34,093,815
   
(3,489,785
)
  
493,329
   
–
   
–
 
AHL I, LLC
  
19.7
   
31,866,973
   
(2,645,155
)
  
759,369
   
–
   
–
 
Aspect I, LLC
  
18.2
   
29,322,751
   
(3,100,941
)
  
555,037
   
82,284
   
–
 
Boronia I, LLC
  
8.0
   
12,952,476
   
(884,593
)
  
378,740
   
–
   
–