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Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net gain allocated from investment in Graham Alternative Investment Trading LLC:        
Net realized gain on investment $ 2,596,039 $ 3,190,469 $ 3,979,719 $ 4,386,141
Net decrease in unrealized appreciation on investment (686,469) (1,191,257) (402,083) (494,982)
Brokerage commissions and fees (19,281) (55,563) (95,074) (166,525)
Net gain allocated from investment in Graham Alternative Investment Trading LLC 1,890,289 1,943,649 3,482,562 3,724,634
Investment income:        
Interest income 57,786 146,106 256,081 423,532
Expenses        
Incentive allocation 238,422 0 315,624 0
Advisory fees 110,261 111,466 314,493 317,862
Sponsor fees 58,023 58,599 165,889 167,668
Professional fees 47,462 71,844 101,859 138,749
Administrator's fees 9,466 9,503 27,083 27,879
Interest expense 1,695 1,530 5,063 4,530
Total expenses 465,329 252,942 930,011 656,688
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC (407,543) (106,836) (673,930) (233,156)
Net income $ 1,482,746 $ 1,836,813 $ 2,808,632 $ 3,491,478