Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2013	Sep. 30, 2012
Net (loss) gain allocated from investment in Graham Alternative Investment Trading LLC:
Net realized (loss) gain on investments	$ (4,481,219)	$ 477,975	$ 4,437,339	$ 3,613,726
Net increase (decrease) in unrealized appreciation on investments	1,952,104	(965,353)	(276,299)	(5,129,380)
Brokerage commissions and fees	(84,440)	0	(390,558)	0
Net (loss) gain allocated from investments in Graham Alternative Investment Trading LLC	(2,613,555)	(487,378)	3,770,482	(1,515,654)
Investment income:
Interest income	43,103	66,211	129,302	212,477
Expenses:
Brokerage fees	0	759,826	0	2,457,470
Advisory fees	360,355	647,941	1,167,410	2,080,491
Sponsor fees	245,626	323,970	780,045	1,040,245
Professional fees and other	19,388	10,063	184,310	26,263
Administrator's fees	26,724	0	86,812	0
Total expenses	652,093	1,741,800	2,218,577	5,604,469
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC	(608,990)	(1,675,589)	(2,089,275)	(5,391,992)
Net (loss) income	$ (3,222,545)	$ (2,162,967)	$ 1,681,207	$ (6,907,646)