XML 24 R4.htm IDEA: XBRL DOCUMENT v3.2.0.727
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net gain (loss) allocated from investment in Graham Alternative Investment Trading LLC        
Net realized gain (loss) on investments $ (2,613,640) $ (33,907) $ 6,990,498 $ (4,686,614)
Net increase (decrease) in unrealized appreciation on investments (2,232,057) 1,104,746 (4,230,663) (1,978,632)
Brokerage commissions and fees (126,512) (87,034) (229,706) (194,027)
Net gain (loss) allocated from investment in Graham Alternative Investment Trading LLC (4,972,209) 983,805 2,530,129 (6,859,273)
Investment income        
Interest income 61,081 35,553 113,268 73,415
Expenses        
Advisory fees 354,825 284,632 721,829 592,650
Sponsor fees 255,169 207,993 520,410 427,563
Professional fees and other 55,264 28,728 102,355 57,450
Administrator's fees 28,170 22,052 57,178 45,109
Incentive allocation 0 0 1,369,198 0
Total expenses 693,428 543,405 2,770,970 1,122,772
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC (632,347) (507,852) (2,657,702) (1,049,357)
Net income (loss) $ (5,604,556) $ 475,953 $ (127,573) $ (7,908,630)