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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net gain allocated from investment in Graham Alternative Investment Trading LLC:        
Net realized gain on investment $ 797,139 $ 1,436,755 $ 1,383,680 $ 1,195,672
Net (decrease) increase in unrealized appreciation on investment (640,255) 369,498 284,386 696,275
Brokerage commissions and fees (25,685) (62,324) (75,793) (110,962)
Net gain allocated from investment in Graham Alternative Investment Trading LLC 131,199 1,743,929 1,592,273 1,780,985
Investment income:        
Interest income 91,632 142,923 198,295 277,426
Expenses        
Advisory fees 102,681 104,301 204,232 206,396
Sponsor fees 54,080 54,956 107,866 109,069
Professional fees 27,223 37,795 54,397 66,905
Administrator's fees 9,018 9,126 17,617 18,376
Incentive allocation 5,975 0 77,202 0
Interest expense 1,721 1,550 3,368 3,000
Total expenses 200,698 207,728 464,682 403,746
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC (109,066) (64,805) (266,387) (126,320)
Net income $ 22,133 $ 1,679,124 $ 1,325,886 $ 1,654,665