| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 10,500 | 10,500 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AES CORP - RESTD | 56,577 | 47,012 |
| AFC ENTERPRISES INC | 8,265 | 19,250 |
| AMERICAN INTL GROUP | 31,686 | 72,746 |
| AMERICAN TOWER CORPORATION - CL A | 16,712 | 45,897 |
| ATNA RESOURCES LTD | 27,004 | 3,566 |
| BRIGUS GOLD CORP | 20,057 | 14,898 |
| CARMAX INC | 14,039 | 34,090 |
| CLAUDE RESOURCES INC | 20,184 | 2,603 |
| CROWN HLDGS INC | 14,106 | 41,227 |
| DENNYS CORP | 19,533 | 34,656 |
| DETOUR GOLD CORP | 9,246 | 1,313 |
| DIRECTTV-A | 20,108 | 37,983 |
| ELGIN MINING INC | 0 | 28 |
| AMERICAS BULLION ROYALTY CORP | 17,733 | 2,814 |
| SOUTH AMERICAN SILVER CORP | 7,402 | 2,740 |
| INTERNAP NETWORK SERVICES CORP | 38,218 | 40,194 |
| IRIDIUM COMMUNICATIONS INC | 30,463 | 23,691 |
| MARKEL CORP | 33,777 | 58,035 |
| MICROS SYSTEM INC | 20,271 | 58,231 |
| MICROSOFT CORP | 24,496 | 27,683 |
| MIDWAY GOLD CORP | 17,209 | 9,315 |
| NEWMOUNT MINING CORP | 39,964 | 16,466 |
| PRETIUM RESOURCES INC | 16,853 | 5,857 |
| PROBE MINES LTD | 17,337 | 30,241 |
| REDDY ICE HLDGS INC 7% SER A CON PFD RIGHTS | 4,768 | 4,770 |
| RIO NOVO GOLD INC WTS | 3,747 | 19 |
| SILVERCREST MINES INC | 6,151 | 6,804 |
| TIME WARNER CABLE INC | 27,767 | 54,200 |
| UNIVERSAL DISPLAY CORP | 8,902 | 21,303 |
| WEST KIRKLAND MINING INC | 12,026 | 847 |
| FRONTEER COMMUNICATIONS CORP | 0 | 0 |
| MILLICOM INTL CELLULAR SA | 0 | 0 |
| NII HLDGS INC-B | 0 | 0 |
| SIX FLAGS ENTERTAINMENT CORPORATION | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ACACIA INSTITUTIONAL PARTNERS, LP | AT COST | 3,633,898 | 5,294,021 |
| MYRMIKAN GOLD FUND LLC | AT COST | 44,815 | 44,815 |
| COBIS | AT COST | 26 | 26 |
| SCRAM | AT COST | 7,282 | 7,282 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEE | 99 | 99 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1 ACACIA INSTITUTIONAL PARTNERS, LP | 338,329 | 338,329 | 338,329 |
| FROM K-1 MYRMIKAN GOLD FUND LLC | -78,920 | -78,920 | -78,920 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO TRUSTEES | 25,000 | 25,000 |
| PROFESSIONAL FEES PAYABLE | 9,000 | 9,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 8,853 | 8,853 | 0 | |
| BANK CHARGES | 417 | 417 | 0 | |
| FED EX/POSTAGE | 18 | 18 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 9,000 | 9,000 | 0 |