2013 Form 10-K Financial Statement

#000114420414014565 Filed on March 10, 2014

View on sec.gov

Income Statement

Concept 2013 2012 Q4 2012 Q3
Revenue $3.507M
YoY Change -76.59%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $684.3K $216.5K $216.0K
YoY Change -27.39% 53.2% -15.26%
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $68.60K $7.711K
YoY Change 28.1% -45.68%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $2.961M -$2.364M $18.04M
YoY Change -79.12% -151.03% -316.61%
Net Earnings / Revenue 84.42%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 0.000 shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 2012 Q4 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $56.40M $60.95M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $64.54M $73.01M
YoY Change -16.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $313.8K $6.206M
YoY Change 9.76%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $64.54M $73.01M
YoY Change -16.91%

Cashflow Statement

Concept 2013 2012 Q4 2012 Q3
OPERATING ACTIVITIES
Net Income $2.961M -$2.364M $18.04M
YoY Change -79.12% -151.03% -316.61%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2012 us-gaap Interest Income Operating
InterestIncomeOperating
11635 USD
CY2013 us-gaap Interest Income Operating
InterestIncomeOperating
5281 USD
CY2013 us-gaap Dividend Income Operating
DividendIncomeOperating
9198 USD
CY2012Q4 uga Market Value Per Unit
MarketValuePerUnit
58.44
CY2012 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
-114382329 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
52193157 USD
CY2013Q4 us-gaap Cash
Cash
2053484 USD
CY2013Q4 uga Unrealized Gain Loss On Open Commodity Futures Contracts
UnrealizedGainLossOnOpenCommodityFuturesContracts
2598553 USD
CY2013Q4 us-gaap Due From Officers Or Stockholders
DueFromOfficersOrStockholders
137776 USD
CY2013Q4 us-gaap Dividends Receivable
DividendsReceivable
628 USD
CY2012Q4 us-gaap Other Assets
OtherAssets
219375 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
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CY2012Q4 us-gaap Assets
Assets
64539315 USD
CY2013Q4 us-gaap Assets
Assets
57155658 USD
CY2012Q4 uga Professional Fees Payable Current And Noncurrent
ProfessionalFeesPayableCurrentAndNoncurrent
275643 USD
CY2013Q4 uga Professional Fees Payable Current And Noncurrent
ProfessionalFeesPayableCurrentAndNoncurrent
225429 USD
CY2012Q4 us-gaap Due To Officers Or Stockholders Current And Noncurrent
DueToOfficersOrStockholdersCurrentAndNoncurrent
32860 USD
CY2013Q4 us-gaap Due To Officers Or Stockholders Current And Noncurrent
DueToOfficersOrStockholdersCurrentAndNoncurrent
28519 USD
CY2012Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
2348 USD
CY2013Q4 us-gaap Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
1723 USD
CY2012Q4 us-gaap Other Liabilities
OtherLiabilities
2976 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
2816 USD
CY2012Q4 us-gaap Liabilities
Liabilities
313827 USD
CY2013Q4 us-gaap Liabilities
Liabilities
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CY2012Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2013Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2012Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
0 USD
CY2013Q4 us-gaap General Partners Capital Account
GeneralPartnersCapitalAccount
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CY2012Q4 us-gaap Limited Partners Capital Account
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CY2013Q4 us-gaap Limited Partners Capital Account
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CY2012Q4 us-gaap Partners Capital
PartnersCapital
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CY2013Q4 us-gaap Partners Capital
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CY2012Q4 us-gaap Liabilities And Stockholders Equity
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64539315 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
57155658 USD
CY2012Q4 uga Net Asset Value Per Unit
NetAssetValuePerUnit
58.39
CY2013Q4 uga Net Asset Value Per Unit
NetAssetValuePerUnit
59.89
CY2013Q4 uga Market Value Per Unit
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59.93
CY2011 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
13406173 USD
CY2012 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
17063315 USD
CY2013 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
3496995 USD
CY2011 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
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CY2013 us-gaap Unrealized Gain Loss On Investments
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CY2011 us-gaap Dividend Income Operating
DividendIncomeOperating
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CY2012 us-gaap Dividend Income Operating
DividendIncomeOperating
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CY2011 us-gaap Interest Income Operating
InterestIncomeOperating
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CY2011 us-gaap Other Income
OtherIncome
26200 USD
CY2012 us-gaap Other Income
OtherIncome
12250 USD
CY2013 us-gaap Other Income
OtherIncome
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CY2012 uga Total Income Loss
TotalIncomeLoss
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CY2013 uga Total Income Loss
TotalIncomeLoss
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CY2013 us-gaap Asset Management Costs
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CY2012 us-gaap Unrealized Gain Loss On Investments
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CY2011 us-gaap Floor Brokerage Exchange And Clearance Fees
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81427 USD
CY2012 us-gaap Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
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CY2011 us-gaap Other Expenses
OtherExpenses
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CY2012 us-gaap Other Expenses
OtherExpenses
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CY2013 us-gaap Other Expenses
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CY2012 uga Expense Waiver
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CY2013 uga Expense Waiver
ExpenseWaiver
137776 USD
CY2011 uga Net Operating Expenses
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CY2012 uga Net Operating Expenses
NetOperatingExpenses
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CY2013 uga Net Operating Expenses
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CY2011 us-gaap Net Income Loss
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CY2012 us-gaap Net Income Loss
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CY2011Q4 us-gaap Partners Capital
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CY2012 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
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CY2013 us-gaap Partners Capital Account Contributions
PartnersCapitalAccountContributions
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NetAssetValuePerUnit
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CY2011 us-gaap Partners Capital Account Units Contributed
PartnersCapitalAccountUnitsContributed
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CY2012 us-gaap Partners Capital Account Units Contributed
PartnersCapitalAccountUnitsContributed
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CY2013 us-gaap Partners Capital Account Units Contributed
PartnersCapitalAccountUnitsContributed
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CY2011 us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
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CY2012 us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
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CY2013 us-gaap Partners Capital Account Units Redeemed
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CY2011 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
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CY2012 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
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CY2013 us-gaap Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
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CY2011 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
1464309 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2013 us-gaap Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
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CY2011 us-gaap Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
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CY2012 us-gaap Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
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CY2013 us-gaap Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
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CY2011 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
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CY2012 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
707 USD
CY2013 us-gaap Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
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CY2011 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
26 USD
CY2012 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-26 USD
CY2013 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
0 USD
CY2011 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-9501 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-20099 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-47315 USD
CY2011 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
33 USD
CY2012 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
-33 USD
CY2013 us-gaap Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
0 USD
CY2011 uga Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
-134868 USD
CY2012 uga Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
35885 USD
CY2013 uga Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
-50214 USD
CY2011Q4 uga Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
0.1500 pure
CY2012Q4 uga Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
0.2072 pure
CY2011 uga Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
5557 USD
CY2012 uga Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
-5775 USD
CY2013 uga Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
-4341 USD
CY2011 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
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CY2012 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
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CY2013 us-gaap Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
-625 USD
CY2011 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
297 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-1201 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
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CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
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CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
15602003 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
6081608 USD
CY2011 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
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CY2012 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
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CY2013 us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
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CY2011 uga Payments To Partnership Redemption
PaymentsToPartnershipRedemption
94034712 USD
CY2012 uga Payments To Partnership Redemption
PaymentsToPartnershipRedemption
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CY2013 uga Payments To Partnership Redemption
PaymentsToPartnershipRedemption
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CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
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CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68137372 USD
CY2007Q4 uga Number Of Units Registered In Period
NumberOfUnitsRegisteredInPeriod
30000000 pure
CY2008Q1 uga Net Asset Value Per Unit
NetAssetValuePerUnit
50.00
CY2008Q1 uga Units Issued During Period Units New Issues
UnitsIssuedDuringPeriodUnitsNewIssues
300000 shares
CY2008Q1 uga Units Issued During Period Value New Issues
UnitsIssuedDuringPeriodValueNewIssues
15000000 USD
CY2013Q4 uga Number Of Registered Units
NumberOfRegisteredUnits
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CY2013 us-gaap Management Fee Description
ManagementFeeDescription
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CY2013Q4 uga Percentage Of Average Daily Net Assets
PercentageOfAverageDailyNetAssets
0.0060 pure
CY2011 uga Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
9125 USD
CY2012 uga Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
20911 USD
CY2013 uga Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
46454 USD
CY2011 us-gaap License Costs
LicenseCosts
26907 USD
CY2012 us-gaap License Costs
LicenseCosts
13751 USD
CY2013 us-gaap License Costs
LicenseCosts
8779 USD
CY2011 us-gaap Other General Expense
OtherGeneralExpense
250000 USD
CY2012 us-gaap Other General Expense
OtherGeneralExpense
225000 USD
CY2013 us-gaap Other General Expense
OtherGeneralExpense
200000 USD
CY2013 us-gaap Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
20000 USD
CY2011 uga Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.0007 pure
CY2012 uga Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.0007 pure
CY2013 uga Ratio Of Expenses To Average Net Assets
RatioOfExpensesToAverageNetAssets
0.0007 pure
CY2012Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
47494982 USD
CY2013Q4 us-gaap Deposits Money Market Deposits
DepositsMoneyMarketDeposits
38494983 USD
CY2012Q4 us-gaap Deposits
Deposits
14075770 USD
CY2013Q4 us-gaap Deposits
Deposits
15751658 USD
CY2011 uga Total Income Loss Per Unit
TotalIncomeLossPerUnit
6.72
CY2012 uga Total Income Loss Per Unit
TotalIncomeLossPerUnit
10.50
CY2013 uga Total Income Loss Per Unit
TotalIncomeLossPerUnit
2.05
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
2662100 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-2363671 USD
CY2011 uga Total Expenses Per Unit
TotalExpensesPerUnit
-0.41
CY2012 uga Total Expenses Per Unit
TotalExpensesPerUnit
-0.48
CY2013 uga Total Expenses Per Unit
TotalExpensesPerUnit
-0.55
CY2011 uga Increase Decrease In Net Asset Value Per Unit
IncreaseDecreaseInNetAssetValuePerUnit
6.31
CY2011 uga Percentage Waiver Expense
PercentageWaiverExpense
-0.0009 pure
CY2012 uga Percentage Waiver Expense
PercentageWaiverExpense
-0.0015 pure
CY2012 uga Increase Decrease In Net Asset Value Per Unit
IncreaseDecreaseInNetAssetValuePerUnit
10.02
CY2013 uga Increase Decrease In Net Asset Value Per Unit
IncreaseDecreaseInNetAssetValuePerUnit
1.50
CY2013Q3 uga Expense Waiver
ExpenseWaiver
30338 USD
CY2012Q4 uga Expense Waiver
ExpenseWaiver
64418 USD
CY2013Q4 uga Expense Waiver
ExpenseWaiver
16030 USD
CY2012Q1 uga Net Operating Expenses
NetOperatingExpenses
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CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
3728234 USD
CY2013Q4 uga Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
0.0257 pure
CY2011 uga Percentage Of Total Revenue
PercentageOfTotalRevenue
0.1324 pure
CY2012 uga Percentage Of Total Revenue
PercentageOfTotalRevenue
0.1634 pure
CY2013 uga Percentage Of Total Revenue
PercentageOfTotalRevenue
0.0599 pure
CY2011 uga Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
0.0060 pure
CY2012 uga Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
0.0060 pure
CY2013 uga Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
0.0060 pure
CY2011 uga Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
0.0033 pure
CY2012 uga Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
0.0043 pure
CY2013 uga Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
0.0057 pure
CY2013 uga Percentage Waiver Expense
PercentageWaiverExpense
-0.0024 pure
CY2011 uga Expense Excluding Management Fee Percentage Net
ExpenseExcludingManagementFeePercentageNet
0.0024 pure
CY2012 uga Expense Excluding Management Fee Percentage Net
ExpenseExcludingManagementFeePercentageNet
0.0028 pure
CY2013 uga Expense Excluding Management Fee Percentage Net
ExpenseExcludingManagementFeePercentageNet
0.0033 pure
CY2011 uga Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
0.1240 pure
CY2012 uga Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
0.1546 pure
CY2013 uga Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
0.0506 pure
CY2012Q1 uga Total Income Loss
TotalIncomeLoss
15220113 USD
CY2013Q1 uga Total Income Loss
TotalIncomeLoss
3872304 USD
CY2012Q2 uga Total Income Loss
TotalIncomeLoss
-16246333 USD
CY2013Q2 uga Total Income Loss
TotalIncomeLoss
-6924190 USD
CY2012Q3 uga Total Income Loss
TotalIncomeLoss
18217956 USD
CY2013Q3 uga Total Income Loss
TotalIncomeLoss
2797327 USD
CY2012Q4 uga Total Income Loss
TotalIncomeLoss
-2211546 USD
CY2013Q4 uga Total Income Loss
TotalIncomeLoss
3761843 USD
CY2012Q1 us-gaap Operating Expenses
OperatingExpenses
263318 USD
CY2013Q1 us-gaap Operating Expenses
OperatingExpenses
188826 USD
CY2012Q2 us-gaap Operating Expenses
OperatingExpenses
246651 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
183346 USD
CY2012Q3 us-gaap Operating Expenses
OperatingExpenses
215972 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
165565 USD
CY2012Q4 us-gaap Operating Expenses
OperatingExpenses
216543 USD
CY2013Q4 us-gaap Operating Expenses
OperatingExpenses
146576 USD
CY2012Q1 uga Expense Waiver
ExpenseWaiver
17456 USD
CY2013Q1 uga Expense Waiver
ExpenseWaiver
44756 USD
CY2012Q2 uga Expense Waiver
ExpenseWaiver
19969 USD
CY2013Q2 uga Expense Waiver
ExpenseWaiver
46652 USD
CY2012Q3 uga Expense Waiver
ExpenseWaiver
37603 USD
CY2013Q1 uga Net Operating Expenses
NetOperatingExpenses
144070 USD
CY2012Q2 uga Net Operating Expenses
NetOperatingExpenses
226682 USD
CY2013Q2 uga Net Operating Expenses
NetOperatingExpenses
136694 USD
CY2012Q3 uga Net Operating Expenses
NetOperatingExpenses
178369 USD
CY2013Q3 uga Net Operating Expenses
NetOperatingExpenses
135227 USD
CY2012Q4 uga Net Operating Expenses
NetOperatingExpenses
152125 USD
CY2013Q4 uga Net Operating Expenses
NetOperatingExpenses
130546 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-16473015 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
18039587 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
3631297 USD
CY2013 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.50
CY2013 us-gaap Incentive Distribution Policy Managing Member Or General Partner Description
IncentiveDistributionPolicyManagingMemberOrGeneralPartnerDescription
<div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Partnership Capital and Allocation of Partnership Income and Losses</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> &#160;</font></font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Profit or loss shall be allocated among the partners of UGA in proportion to the number of shares each partner holds as of the close of each month. USCF may revise, alter or otherwise modify this method of allocation as described in the LP Agreement.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2011 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
6.31
CY2012 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
10.02
CY2013 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt"> Reclassification</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Certain amounts in the accompanying financial statements were reclassified to conform to the current presentation. <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font></font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013 us-gaap Use Of Estimates
UseOfEstimates
<div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><b><font style="FONT-SIZE: 10pt">Use of Estimates</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of&#160;financial statements in conformity with GAAP requires USCF to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of the revenue and expenses during the reporting period. Actual results may differ from those estimates and assumptions.</font></div> </div> <table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2013 dei Document Type
DocumentType
10-K
CY2013 dei Amendment Flag
AmendmentFlag
false
CY2013 dei Document Period End Date
DocumentPeriodEndDate
2013-12-31
CY2013 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2013 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2013 dei Trading Symbol
TradingSymbol
UGA
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
900000 shares
CY2013 dei Entity Registrant Name
EntityRegistrantName
United States Gasoline Fund, LP
CY2013 dei Entity Central Index Key
EntityCentralIndexKey
0001396878
CY2013 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2013 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2013 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2013 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
54260000 USD
CY2011 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
6.07
CY2012 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
8.47
CY2013 us-gaap Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
2.97
CY2012Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
8.52
CY2013Q1 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
3.18
CY2012Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-8.33
CY2013Q2 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-7.25
CY2012Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
12.17
CY2013Q3 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
1.87
CY2012Q4 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
-2.34
CY2013Q4 us-gaap Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
3.70
uga Transaction Fee Per Order
TransactionFeePerOrder
350 USD

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