2015 Q1 Form 10-K Financial Statement
#000114420415018586 Filed on March 26, 2015
Income Statement
Concept | 2015 Q1 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
Revenue | $2.455M | $3.762M | $2.797M |
YoY Change | -411.86% | ||
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 | $183.8K | $146.6K | $165.6K |
YoY Change | 29.67% | -32.31% | -23.34% |
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $5.349K | ||
YoY Change | -30.63% | ||
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $2.320M | $3.631M | $2.662M |
YoY Change | -354.19% | -253.63% | -85.24% |
Net Earnings / Revenue | 94.5% | 96.53% | 95.17% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 2.600M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q1 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $82.73M | $52.19M | $47.16M |
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 | $90.77M | $57.16M | |
YoY Change | 80.75% | -11.44% | |
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 | $101.4K | $257.8K | |
YoY Change | 49.41% | -17.84% | |
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 | $90.77M | $57.16M | |
YoY Change | -11.44% |
Cashflow Statement
Concept | 2015 Q1 | 2013 Q4 | 2013 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.320M | $3.631M | $2.662M |
YoY Change | -354.19% | -253.63% | -85.24% |
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 |
---|---|---|---|---|
CY2013Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
950000 | shares |
CY2013Q4 | us-gaap |
Liabilities
Liabilities
|
257831 | USD |
CY2013Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
57155002 | USD |
CY2014Q4 | us-gaap |
Due From Officers Or Stockholders
DueFromOfficersOrStockholders
|
134106 | USD |
CY2008Q1 | uga |
Net Asset Value Per Unit
NetAssetValuePerUnit
|
50.00 | |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
52193157 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
35557290 | USD |
CY2013Q4 | us-gaap |
Cash
Cash
|
2053484 | USD |
CY2014Q4 | us-gaap |
Cash
Cash
|
6161581 | USD |
CY2013Q4 | uga |
Unrealized Gain Loss On Open Commodity Futures Contracts
UnrealizedGainLossOnOpenCommodityFuturesContracts
|
2598553 | USD |
CY2014Q4 | uga |
Unrealized Gain Loss On Open Commodity Futures Contracts
UnrealizedGainLossOnOpenCommodityFuturesContracts
|
-2835302 | USD |
CY2013Q4 | us-gaap |
Due From Officers Or Stockholders
DueFromOfficersOrStockholders
|
137776 | USD |
CY2013Q4 | us-gaap |
Assets
Assets
|
57155002 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
40833631 | USD |
CY2013Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
225429 | USD |
CY2014Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
125122 | USD |
CY2014Q4 | us-gaap |
Due To Officers Or Stockholders Current And Noncurrent
DueToOfficersOrStockholdersCurrentAndNoncurrent
|
22444 | USD |
CY2013 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
39110 | USD |
CY2012 | us-gaap |
Other General Expense
OtherGeneralExpense
|
225000 | USD |
CY2013 | us-gaap |
License Costs
LicenseCosts
|
8779 | USD |
CY2014 | us-gaap |
License Costs
LicenseCosts
|
7357 | USD |
CY2012 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
63245 | USD |
CY2014 | us-gaap |
Floor Brokerage Exchange And Clearance Fees
FloorBrokerageExchangeAndClearanceFees
|
38600 | USD |
CY2012Q4 | uga |
Percentage Of Average Daily Net Assets
PercentageOfAverageDailyNetAssets
|
0.0004 | pure |
CY2013Q4 | uga |
Percentage Of Average Daily Net Assets
PercentageOfAverageDailyNetAssets
|
0.0002 | pure |
CY2014Q4 | uga |
Percentage Of Average Daily Net Assets
PercentageOfAverageDailyNetAssets
|
0.0003 | pure |
CY2014Q4 | us-gaap |
Commissions Payable To Broker Dealers And Clearing Organizations
CommissionsPayableToBrokerDealersAndClearingOrganizations
|
1973 | USD |
CY2013Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2013Q4 | us-gaap |
General Partners Capital Account
GeneralPartnersCapitalAccount
|
0 | USD |
CY2013Q4 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
56897171 | USD |
CY2013Q4 | us-gaap |
Partners Capital
PartnersCapital
|
56897171 | USD |
CY2013Q4 | uga |
Net Asset Value Per Unit
NetAssetValuePerUnit
|
59.89 | |
CY2013Q4 | uga |
Market Value Per Unit
MarketValuePerUnit
|
59.93 | |
CY2014 | uga |
Transaction Fee Per Order
TransactionFeePerOrder
|
350 | USD |
CY2011Q3 | uga |
Transaction Fee Per Order
TransactionFeePerOrder
|
1000 | USD |
CY2007Q4 | uga |
Number Of Units Registered In Period
NumberOfUnitsRegisteredInPeriod
|
30000000 | Contracts |
CY2008Q1 | uga |
Units Issued During Period Units New Issues
UnitsIssuedDuringPeriodUnitsNewIssues
|
300000 | shares |
CY2008Q1 | uga |
Units Issued During Period Value New Issues
UnitsIssuedDuringPeriodValueNewIssues
|
15000000 | USD |
CY2014Q4 | uga |
Number Of Registered Units
NumberOfRegisteredUnits
|
80000000 | pure |
CY2014 | us-gaap |
Management Fee Description
ManagementFeeDescription
|
UGA is contractually obligated to pay USCF a fee, which is paid monthly, equal to 0.60% per annum of average daily total net assets. | |
CY2012 | uga |
Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
|
20911 | USD |
CY2013 | uga |
Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
|
46453 | USD |
CY2014 | uga |
Registration Fees And Other Offering Expenses
RegistrationFeesAndOtherOfferingExpenses
|
46454 | USD |
CY2012 | us-gaap |
License Costs
LicenseCosts
|
13751 | USD |
CY2013 | us-gaap |
Other General Expense
OtherGeneralExpense
|
225000 | USD |
CY2014 | us-gaap |
Other General Expense
OtherGeneralExpense
|
164000 | USD |
CY2014 | us-gaap |
Noninterest Expense Transfer Agent And Custodian Fees
NoninterestExpenseTransferAgentAndCustodianFees
|
20000 | USD |
CY2013Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
38494983 | USD |
CY2014Q4 | us-gaap |
Deposits Money Market Deposits
DepositsMoneyMarketDeposits
|
28024349 | USD |
CY2013Q4 | us-gaap |
Deposits
Deposits
|
15751658 | USD |
CY2014Q4 | us-gaap |
Deposits
Deposits
|
13694522 | USD |
CY2011Q4 | uga |
Net Asset Value Per Unit
NetAssetValuePerUnit
|
48.37 | |
CY2012Q4 | uga |
Net Asset Value Per Unit
NetAssetValuePerUnit
|
58.39 | |
CY2012 | uga |
Total Income Loss Per Unit
TotalIncomeLossPerUnit
|
10.50 | |
CY2013 | uga |
Total Income Loss Per Unit
TotalIncomeLossPerUnit
|
2.05 | |
CY2014 | uga |
Total Income Loss Per Unit
TotalIncomeLossPerUnit
|
-25.54 | |
CY2012 | uga |
Total Expenses Per Unit
TotalExpensesPerUnit
|
0.48 | |
CY2013 | uga |
Total Expenses Per Unit
TotalExpensesPerUnit
|
0.55 | |
CY2014 | uga |
Total Expenses Per Unit
TotalExpensesPerUnit
|
0.45 | |
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 | |
CY2014 | uga |
Increase Decrease In Net Asset Value Per Unit
IncreaseDecreaseInNetAssetValuePerUnit
|
-25.99 | |
CY2012Q4 | uga |
Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
|
0.2072 | pure |
CY2013Q4 | uga |
Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
|
0.0257 | pure |
CY2014Q4 | uga |
Rate Of Return On Average Asset
RateOfReturnOnAverageAsset
|
-0.4340 | pure |
CY2012 | uga |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
0.1634 | pure |
CY2013 | uga |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
0.0599 | pure |
CY2014 | uga |
Percentage Of Total Revenue
PercentageOfTotalRevenue
|
-0.5443 | pure |
CY2012 | uga |
Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
|
0.0060 | pure |
CY2013 | uga |
Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
|
0.0060 | pure |
CY2014 | uga |
Management Incentive Fee Percentage
ManagementIncentiveFeePercentage
|
0.0060 | pure |
CY2012 | uga |
Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
|
0.0043 | pure |
CY2013 | uga |
Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
|
0.0057 | pure |
CY2014 | uga |
Expenses Excluding Management Fee Percentage
ExpensesExcludingManagementFeePercentage
|
0.0059 | pure |
CY2012 | uga |
Percentage Waiver Expense
PercentageWaiverExpense
|
0.0015 | pure |
CY2013 | uga |
Percentage Waiver Expense
PercentageWaiverExpense
|
0.0024 | pure |
CY2014 | uga |
Percentage Waiver Expense
PercentageWaiverExpense
|
0.0037 | 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 |
CY2014 | uga |
Expense Excluding Management Fee Percentage Net
ExpenseExcludingManagementFeePercentageNet
|
0.0022 | pure |
CY2012 | uga |
Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
|
0.1546 | pure |
CY2013 | uga |
Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
|
0.0506 | pure |
CY2014 | uga |
Percentage Of Consolidated Net Income
PercentageOfConsolidatedNetIncome
|
-0.5525 | pure |
CY2013Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
2053484 | USD |
CY2014Q4 | us-gaap |
Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
|
6161581 | 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 |
CY2014 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
-21284156 | USD |
CY2012 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-2121382 | USD |
CY2013 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-9790 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-5433855 | USD |
CY2012 | us-gaap |
Dividend Income Operating
DividendIncomeOperating
|
14372 | USD |
CY2013 | us-gaap |
Dividend Income Operating
DividendIncomeOperating
|
9198 | USD |
CY2014 | us-gaap |
Dividend Income Operating
DividendIncomeOperating
|
8021 | USD |
CY2012 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
11635 | USD |
CY2013 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
5281 | USD |
CY2014 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
5271 | USD |
CY2012 | us-gaap |
Revenues
Revenues
|
14980190 | USD |
CY2013 | us-gaap |
Revenues
Revenues
|
3507284 | USD |
CY2014 | us-gaap |
Revenues
Revenues
|
-26698069 | USD |
CY2012 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
550046 | USD |
CY2013 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
351177 | USD |
CY2014 | us-gaap |
Asset Management Costs
AssetManagementCosts
|
294290 | USD |
CY2012 | us-gaap |
Professional Fees
ProfessionalFees
|
275643 | USD |
CY2013 | us-gaap |
Professional Fees
ProfessionalFees
|
225429 | USD |
CY2014 | us-gaap |
Professional Fees
ProfessionalFees
|
185801 | USD |
CY2012 | uga |
Registration Fees
RegistrationFees
|
20911 | USD |
CY2013 | uga |
Registration Fees
RegistrationFees
|
46453 | USD |
CY2012 | us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
87043567 | USD |
CY2013 | us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
19597900 | USD |
CY2014 | us-gaap |
Partners Capital Account Contributions
PartnersCapitalAccountContributions
|
30932639 | USD |
CY2012 | us-gaap |
Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
|
114382329 | USD |
CY2013 | us-gaap |
Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
|
29886964 | USD |
CY2014 | us-gaap |
Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
|
20046925 | USD |
CY2012Q4 | us-gaap |
Partners Capital
PartnersCapital
|
64225488 | USD |
CY2012 | us-gaap |
Partners Capital Account Units Contributed
PartnersCapitalAccountUnitsContributed
|
1550000 | shares |
CY2014 | us-gaap |
Partners Capital Account Units Contributed
PartnersCapitalAccountUnitsContributed
|
600000 | shares |
CY2012 | us-gaap |
Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
|
2050000 | shares |
CY2013 | us-gaap |
Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
|
500000 | shares |
CY2014 | us-gaap |
Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
|
350000 | shares |
CY2014 | uga |
Registration Fees
RegistrationFees
|
46454 | USD |
CY2012 | us-gaap |
Operating Expenses
OperatingExpenses
|
942484 | USD |
CY2013 | us-gaap |
Operating Expenses
OperatingExpenses
|
684313 | USD |
CY2014 | us-gaap |
Operating Expenses
OperatingExpenses
|
584898 | USD |
CY2012 | uga |
Expense Waiver
ExpenseWaiver
|
139446 | USD |
CY2013 | uga |
Expense Waiver
ExpenseWaiver
|
137776 | USD |
CY2014 | uga |
Expense Waiver
ExpenseWaiver
|
182226 | USD |
CY2012 | uga |
Net Operating Expenses
NetOperatingExpenses
|
803038 | USD |
CY2013 | uga |
Net Operating Expenses
NetOperatingExpenses
|
546537 | USD |
CY2014 | uga |
Net Operating Expenses
NetOperatingExpenses
|
402672 | USD |
CY2012 | us-gaap |
Net Income Loss
NetIncomeLoss
|
14177152 | USD |
CY2013 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2960747 | USD |
CY2014 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-27100741 | USD |
CY2012 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
10.02 | |
CY2013 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
1.50 | |
CY2014 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-25.99 | |
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 | |
CY2014 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-30.23 | |
CY2012 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
1672951 | shares |
CY2013 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
997123 | shares |
CY2014 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
896438 | shares |
CY2011Q4 | us-gaap |
Partners Capital
PartnersCapital
|
77387098 | USD |
CY2012 | us-gaap |
Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
|
708465 | USD |
CY2013 | us-gaap |
Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
|
-3116655 | USD |
CY2014 | us-gaap |
Increase Decrease In Financial Instruments Used In Operating Activities
IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
|
4108097 | USD |
CY2012 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-2121382 | USD |
CY2013 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-9790 | USD |
CY2014 | us-gaap |
Unrealized Gain Loss On Derivatives And Commodity Contracts
UnrealizedGainLossOnDerivativesAndCommodityContracts
|
-5433855 | USD |
CY2012 | us-gaap |
Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
|
707 | USD |
CY2013 | us-gaap |
Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
|
-771 | USD |
CY2014 | us-gaap |
Increase Decrease In Dividends Receivable
IncreaseDecreaseInDividendsReceivable
|
340 | USD |
CY2012 | us-gaap |
Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
|
35393 | USD |
CY2013 | us-gaap |
Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
|
-1670 | USD |
CY2014 | us-gaap |
Increase Decrease Due From Officers And Stockholders
IncreaseDecreaseDueFromOfficersAndStockholders
|
-3670 | USD |
CY2012 | uga |
Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
|
35885 | USD |
CY2013 | uga |
Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
|
-50214 | USD |
CY2014 | uga |
Increase Decrease In Professional Fees Payable
IncreaseDecreaseInProfessionalFeesPayable
|
-100307 | USD |
CY2012 | uga |
Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
|
-5775 | USD |
CY2013 | uga |
Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
|
-4341 | USD |
CY2014 | uga |
Increase Decrease Management Fees Payable
IncreaseDecreaseManagementFeesPayable
|
-6075 | USD |
CY2013Q2 | us-gaap |
Revenues
Revenues
|
-6924190 | USD |
CY2012 | us-gaap |
Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
|
-967 | USD |
CY2013 | us-gaap |
Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
|
-625 | USD |
CY2014 | us-gaap |
Increase Decrease In Payables To Broker Dealers
IncreaseDecreaseInPayablesToBrokerDealers
|
250 | USD |
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 |
CY2014 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-25832309 | USD |
CY2012 | us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
87043567 | USD |
CY2013 | us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
19597900 | USD |
CY2014 | us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
29243367 | USD |
CY2012 | uga |
Payments To Partnership Redemption
PaymentsToPartnershipRedemption
|
114382329 | USD |
CY2013 | uga |
Payments To Partnership Redemption
PaymentsToPartnershipRedemption
|
29886964 | USD |
CY2014 | uga |
Payments To Partnership Redemption
PaymentsToPartnershipRedemption
|
20046925 | USD |
CY2012 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-27338762 | USD |
CY2013 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-10289064 | USD |
CY2014 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
9196442 | USD |
CY2012 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11736759 | USD |
CY2013 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-4207456 | USD |
CY2014 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-16635867 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
68137372 | USD |
CY2012Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
56400613 | USD |
CY2014 | dei |
Document Type
DocumentType
|
10-K | |
CY2014 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2014 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2014-12-31 | |
CY2014 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2014 | |
CY2014 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2014 | dei |
Entity Registrant Name
EntityRegistrantName
|
United States Gasoline Fund, LP | |
CY2014 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001396878 | |
CY2014 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2014 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2014 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2014 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2014 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2014Q2 | dei |
Entity Public Float
EntityPublicFloat
|
44128000 | USD |
CY2014 | dei |
Trading Symbol
TradingSymbol
|
UGA | |
CY2015Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
2600000 | shares |
CY2013Q1 | us-gaap |
Revenues
Revenues
|
3872304 | USD |
CY2014Q1 | us-gaap |
Revenues
Revenues
|
-787140 | USD |
CY2014Q2 | us-gaap |
Revenues
Revenues
|
3249642 | USD |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
2797327 | USD |
CY2014Q3 | us-gaap |
Revenues
Revenues
|
-6561635 | USD |
CY2013Q4 | us-gaap |
Revenues
Revenues
|
3761843 | USD |
CY2014Q4 | us-gaap |
Revenues
Revenues
|
-22598936 | USD |
CY2013Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
188826 | USD |
CY2014Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
141716 | USD |
CY2013Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
183346 | USD |
CY2014Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
129964 | USD |
CY2013Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
165565 | USD |
CY2014Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
154487 | USD |
CY2013Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
146576 | USD |
CY2013 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
13365 | USD |
CY2014 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
12396 | USD |
CY2014Q4 | us-gaap |
Operating Expenses
OperatingExpenses
|
158731 | USD |
CY2013Q1 | uga |
Expense Waiver
ExpenseWaiver
|
44756 | USD |
CY2014Q1 | uga |
Expense Waiver
ExpenseWaiver
|
16274 | USD |
CY2013Q2 | uga |
Expense Waiver
ExpenseWaiver
|
46652 | USD |
CY2014Q2 | uga |
Expense Waiver
ExpenseWaiver
|
21363 | USD |
CY2013Q3 | uga |
Expense Waiver
ExpenseWaiver
|
30338 | USD |
CY2014Q3 | uga |
Expense Waiver
ExpenseWaiver
|
78559 | USD |
CY2013Q4 | uga |
Expense Waiver
ExpenseWaiver
|
16030 | USD |
CY2014Q4 | uga |
Expense Waiver
ExpenseWaiver
|
66030 | USD |
CY2013Q1 | uga |
Net Operating Expenses
NetOperatingExpenses
|
144070 | USD |
CY2014Q1 | uga |
Net Operating Expenses
NetOperatingExpenses
|
125442 | USD |
CY2013Q2 | uga |
Net Operating Expenses
NetOperatingExpenses
|
136694 | USD |
CY2014Q2 | uga |
Net Operating Expenses
NetOperatingExpenses
|
108601 | USD |
CY2013Q3 | uga |
Net Operating Expenses
NetOperatingExpenses
|
135227 | USD |
CY2014Q3 | uga |
Net Operating Expenses
NetOperatingExpenses
|
75928 | USD |
CY2013Q4 | uga |
Net Operating Expenses
NetOperatingExpenses
|
130546 | USD |
CY2014Q4 | uga |
Net Operating Expenses
NetOperatingExpenses
|
92701 | USD |
CY2013Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3728234 | USD |
CY2014Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-912582 | USD |
CY2013Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7060884 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3141041 | USD |
CY2013Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2662100 | USD |
CY2014Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6637563 | USD |
CY2013Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3631297 | USD |
CY2014Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-22691637 | USD |
CY2013Q1 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
3.18 | |
CY2014Q1 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-0.89 | |
CY2013Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-7.25 | |
CY2014Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
4.02 | |
CY2014Q4 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit Basic Net Of Tax
NetIncomeLossPerOutstandingLimitedPartnershipUnitBasicNetOfTax
|
-20.51 | |
CY2013Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
171146 | USD |
CY2014Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
124693 | USD |
CY2013Q4 | uga |
License Fees Payable Current And Noncurrent
LicenseFeesPayableCurrentAndNoncurrent
|
2160 | USD |
CY2014Q4 | uga |
License Fees Payable Current And Noncurrent
LicenseFeesPayableCurrentAndNoncurrent
|
1948 | USD |
CY2012 | us-gaap |
Other Income
OtherIncome
|
12250 | USD |
CY2013 | us-gaap |
Other Income
OtherIncome
|
5600 | USD |
CY2014 | us-gaap |
Other Income
OtherIncome
|
6650 | USD |
CY2012 | us-gaap |
Noninterest Expense Directors Fees
NoninterestExpenseDirectorsFees
|
18888 | 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 |
CY2014 | us-gaap |
Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
|
0 | USD |
CY2012 | us-gaap |
Increase Decrease In Due To Officers And Stockholders
IncreaseDecreaseInDueToOfficersAndStockholders
|
-966 | USD |
CY2013 | us-gaap |
Increase Decrease In Due To Officers And Stockholders
IncreaseDecreaseInDueToOfficersAndStockholders
|
1028 | USD |
CY2014 | us-gaap |
Increase Decrease In Due To Officers And Stockholders
IncreaseDecreaseInDueToOfficersAndStockholders
|
-415 | USD |
CY2012 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-20913 | USD |
CY2013 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-46453 | USD |
CY2014 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-46453 | USD |
CY2012 | uga |
Increase Decrease In License Fees Payable
IncreaseDecreaseInLicenseFeesPayable
|
-1049 | USD |
CY2013 | uga |
Increase Decrease In License Fees Payable
IncreaseDecreaseInLicenseFeesPayable
|
-326 | USD |
CY2014 | uga |
Increase Decrease In License Fees Payable
IncreaseDecreaseInLicenseFeesPayable
|
-212 | USD |
CY2013Q4 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
0 | USD |
CY2014Q4 | us-gaap |
Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
|
1689272 | USD |
CY2012 | us-gaap |
Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
|
-33 | USD |
CY2013 | us-gaap |
Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
|
0 | USD |
CY2014 | us-gaap |
Increase Decrease In Trading Liabilities
IncreaseDecreaseInTradingLiabilities
|
0 | USD |
CY2013Q4 | uga |
Directors Fees And Insurance Receivable
DirectorsFeesAndInsuranceReceivable
|
258 | USD |
CY2014Q4 | uga |
Directors Fees And Insurance Receivable
DirectorsFeesAndInsuranceReceivable
|
673 | USD |
CY2012 | uga |
Increase Decrease In Other Income
IncreaseDecreaseInOtherIncome
|
0 | USD |
CY2013 | uga |
Increase Decrease In Other Income
IncreaseDecreaseInOtherIncome
|
0 | USD |
CY2014 | uga |
Increase Decrease In Other Income
IncreaseDecreaseInOtherIncome
|
-350 | USD |
CY2013Q4 | us-gaap |
Accrued Fees And Other Revenue Receivable
AccruedFeesAndOtherRevenueReceivable
|
0 | USD |
CY2014Q4 | us-gaap |
Accrued Fees And Other Revenue Receivable
AccruedFeesAndOtherRevenueReceivable
|
350 | USD |
CY2014 | us-gaap |
Incentive Distribution Policy Managing Member Or General Partner Description
IncentiveDistributionPolicyManagingMemberOrGeneralPartnerDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Partnership Capital and Allocation of Partnership Income and Losses</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">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.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2014 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Reclassification</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">Certain amounts in the accompanying financial statements were reclassified to conform to the current presentation.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2014 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"><b><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif" align="justify">The preparation of 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.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> |