QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Information
The following summarized (unaudited) quarterly financial information presents the results of operations and other data for the three-month periods ended March 31, June 30, September 30 and December 31, 2016 and 2015.
 
USCI
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2016
 
 
2016
 
 
2016
 
 
2016
 
Total Income (Loss)
 
$
(731,412)
 
 
$
37,071,255
 
 
$
(23,532,292)
 
 
$
(22,231,704)
 
Total Expenses
 
 
1,348,751
 
 
 
1,451,019
 
 
 
1,774,652
 
 
 
1,641,076
 
Net Income (Loss)
 
$
(2,080,163)
 
 
$
35,620,236
 
 
$
(25,306,944)
 
 
$
(23,872,780)
 
Net Income (Loss) per Share
 
$
(0.11)
 
 
$
2.66
 
 
$
(1.57)
 
 
$
(1.48)
 
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2015
 
 
2015
 
 
2015
 
 
2015
 
Total Income (Loss)
 
$
(45,897,074)
 
 
$
26,535,162
 
 
$
(61,754,738)
 
 
$
(16,283,981)
 
Total Expenses
 
 
1,799,596
 
 
 
1,531,178
 
 
 
1,518,805
 
 
 
1,438,156
 
Net Income (Loss)
 
$
(47,696,670)
 
 
$
25,003,984
 
 
$
(63,273,543)
 
 
$
(17,722,137)
 
Net Income (Loss) per Share
 
$
(3.30)
 
 
$
2.18
 
 
$
(5.23)
 
 
$
(1.37)
 
 
CPER
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2016
 
 
2016
 
 
2016
 
 
2016
 
Total Income (Loss)
 
$
14,977
 
 
$
3,652
 
 
$
9,405
 
 
$
232,591
 
Total Expenses
 
 
20,562
 
 
 
23,415
 
 
 
27,792
 
 
 
27,464
 
Expense waivers
 
 
(16,334)
 
 
 
(17,699)
 
 
 
(22,051)
 
 
 
(19,556)
 
Net expenses
 
 
4,228
 
 
 
5,716
 
 
 
5,741
 
 
 
7,908
 
Net Income (Loss)
 
$
10,749
 
 
$
(2,064)
 
 
$
3,664
 
 
$
224,683
 
Net Income (Loss) per Share
 
$
0.29
 
 
$
(0.01)
 
 
$
0.02
 
 
$
1.82
 
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2015
 
 
2015
 
 
2015
 
 
2015
 
Total Income (Loss)
 
$
(114,469)
 
 
$
(85,649)
 
 
$
(205,814)
 
 
$
(214,305)
 
Total Expenses
 
 
14,647
 
 
 
20,497
 
 
 
19,747
 
 
 
20,409
 
Expense waivers
 
 
(10,824)
 
 
 
(16,779)
 
 
 
(16,046)
 
 
 
(15,952)
 
Net expenses
 
 
3,823
 
 
 
3,718
 
 
 
3,701
 
 
 
4,457
 
Net Income (Loss)
 
$
(118,292)
 
 
$
(89,367)
 
 
$
(209,515)
 
 
$
(218,762)
 
Net Income (Loss) per Share
 
$
(0.56)
 
 
$
(0.90)
 
 
$
(1.95)
 
 
$
(1.45)
 
 
USAG
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2016
 
 
2016
 
 
2016
 
 
2016
 
Total Income (Loss)
 
$
(11,112)
 
 
$
172,101
 
 
$
(204,613)
 
 
$
(19,251)
 
Total Expenses
 
 
18,802
 
 
 
20,729
 
 
 
25,510
 
 
 
23,022
 
Expense waivers
 
 
(14,946)
 
 
 
(16,612)
 
 
 
(21,453)
 
 
 
(19,162)
 
Net expenses
 
 
3,856
 
 
 
4,117
 
 
 
4,057
 
 
 
3,860
 
Net Income (Loss)
 
$
(14,968)
 
 
$
167,984
 
 
$
(208,670)
 
 
$
(23,111)
 
Net Income (Loss) per Share
 
$
(0.15)
 
 
$
1.68
 
 
$
(2.09)
 
 
$
(0.23)
 
 
 
 
First Quarter
 
 
Second Quarter
 
 
Third Quarter
 
 
Fourth Quarter
 
 
 
2015
 
 
2015
 
 
2015
 
 
2015
 
Total Income (Loss)
 
$
(204,458)
 
 
$
153,029
 
 
$
(207,130)
 
 
$
(41,786)
 
Total Expenses
 
 
14,265
 
 
 
19,522
 
 
 
19,213
 
 
 
20,055
 
Expense waivers
 
 
(9,891)
 
 
 
(15,392)
 
 
 
(14,914)
 
 
 
(16,121)
 
Net expenses
 
 
4,374
 
 
 
4,130
 
 
 
4,299
 
 
 
3,934
 
Net Income (Loss)
 
$
(208,832)
 
 
$
148,899
 
 
$
(211,429)
 
 
$
(45,720)
 
Net Income (Loss) per Share
 
$
(2.09)
 
 
$
1.49
 
 
$
(2.12)
 
 
$
(0.45)