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          <Year1Amt>1035999</Year1Amt>
          <Year2Amt>1881750</Year2Amt>
          <TotalAmt>5333656</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp />
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>2415907</CurrentYearAmt>
          <Year1Amt>1035999</Year1Amt>
          <Year2Amt>1881750</Year2Amt>
          <TotalAmt>5333656</TotalAmt>
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        <TotalAssetsGrp>
          <CurrentYearAmt>11961065</CurrentYearAmt>
          <Year1Amt>11127387</Year1Amt>
          <Year2Amt>12327284</Year2Amt>
          <TotalAmt>35415736</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>36282</CurrentYearAmt>
          <Year1Amt>71422</Year1Amt>
          <Year2Amt>72759</Year2Amt>
          <TotalAmt>180463</TotalAmt>
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        <TotalSupportGrp>
          <TotalAmt>0</TotalAmt>
        </TotalSupportGrp>
        <PublicSupportType>
          <TotalAmt>0</TotalAmt>
        </PublicSupportType>
        <LargestSupportFromEOGrp>
          <TotalAmt>0</TotalAmt>
        </LargestSupportFromEOGrp>
        <GrossInvestmentIncomeGrp>
          <TotalAmt>0</TotalAmt>
        </GrossInvestmentIncomeGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN C MALONE LESLIE A MALONE</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <FeesContractsFromGovtAgGrp />
        <MembershipDuesAndAssmntGrp />
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>172</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>52034</ExclusionAmt>
        </DividendsAndInterestFromSecDtl>
        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-334678</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <OtherRevenueDescribedGrp>
          <Desc>HORSE SHOW REVENUE</Desc>
          <ExclusionCd>01</ExclusionCd>
          <RelatedOrExemptFunctionIncmAmt>70</RelatedOrExemptFunctionIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>-282472</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>70</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-282402</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorPersonNm>MALONE FAMILY FOUNDATION</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
          <CityNm>HOBE SOUND</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33455</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1167538</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <DepreciationSchedule documentId="DepreciationSch">
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FAVORIT</PropertyDesc>
        <AcquiredDt>2008-02-15</AcquiredDt>
        <CostOrOtherBasisAmt>324755</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>324754</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M7</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ZYGOSH</PropertyDesc>
        <AcquiredDt>2008-04-15</AcquiredDt>
        <CostOrOtherBasisAmt>160364</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>160364</PriorYearDepreciationAmt>
        <ComputationMethodTxt>M7</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FADO</PropertyDesc>
        <AcquiredDt>2021-10-14</AcquiredDt>
        <CostOrOtherBasisAmt>1098105</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>196090</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>156872</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: HANNIBAL</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>75000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>18750</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>10714</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ASTRO</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>353310</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>88328</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>50473</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: BOCCA DI BA</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>132491</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>75709</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: COTESSA</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>88328</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>22082</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>12618</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: DOMONIC</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1714</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: DON'T STOP</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>132491</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>75709</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ECLECTISCH</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>1766550</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>441637</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>252364</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: JAGWIRE</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>18000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2571</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: JAVA</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>10000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1429</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ROYAL DANCE</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>471080</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>117770</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>67297</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: SANRINO</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>706620</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>176655</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>100946</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: SAROTTI</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>132491</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>75709</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: SPOTIFY</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>942160</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>235540</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>134594</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: UPPER CLASS</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>175000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>43750</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>25000</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: WIEBERT</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>129547</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>32387</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>18507</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ZIEZO</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>23554</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5889</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>3365</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ZOMANCIER</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>412195</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>103049</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>58885</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: LEMON'Y NIC</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>1059930</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>264983</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>151419</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: MONARCH BAY</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>20000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>2857</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: DE BEAU</PropertyDesc>
        <AcquiredDt>2023-12-19</AcquiredDt>
        <CostOrOtherBasisAmt>659760</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FINALIST</PropertyDesc>
        <AcquiredDt>2023-10-06</AcquiredDt>
        <CostOrOtherBasisAmt>507778</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>18135</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FALCON</PropertyDesc>
        <AcquiredDt>2023-04-11</AcquiredDt>
        <CostOrOtherBasisAmt>80900</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>8668</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LASER EQUIP</PropertyDesc>
        <AcquiredDt>2023-03-21</AcquiredDt>
        <CostOrOtherBasisAmt>18206</CostOrOtherBasisAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>2731</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsCorpStockSchedule documentId="InvestCorpStockSch">
      <InvestmentsCorporateStockGrp>
        <StockNm>ISHARES IBOXX HIGH YIELD</StockNm>
        <EOYBookValueAmt>0</EOYBookValueAmt>
        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
      <InvestmentsCorporateStockGrp>
        <StockNm>SPIDER SER TR</StockNm>
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        <EOYFMVAmt>0</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
      <USGovtObligationsBookVlEOYAmt>1211338</USGovtObligationsBookVlEOYAmt>
      <USGovtObligationsEOYFMVAmt>1211338</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="LandEtcSch2">
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        <CategoryOrItemTxt>HORSE: FAVORIT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>324755</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>324754</AccumulatedDepreciationAmt>
        <BookValueAmt>1</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZYGOSH</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>160364</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>160364</AccumulatedDepreciationAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FADO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1098105</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>352962</AccumulatedDepreciationAmt>
        <BookValueAmt>745143</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: HANNIBAL</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>75000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>29464</AccumulatedDepreciationAmt>
        <BookValueAmt>45536</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ASTRO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>353310</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>138801</AccumulatedDepreciationAmt>
        <BookValueAmt>214509</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: BOCCA DI BA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>208200</AccumulatedDepreciationAmt>
        <BookValueAmt>321765</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: COTESSA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>88328</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>34700</AccumulatedDepreciationAmt>
        <BookValueAmt>53628</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DOMONIC</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>12000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>4714</AccumulatedDepreciationAmt>
        <BookValueAmt>7286</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DON'T STOP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>208200</AccumulatedDepreciationAmt>
        <BookValueAmt>321765</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ECLECTISCH</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1766550</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>694001</AccumulatedDepreciationAmt>
        <BookValueAmt>1072549</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: JAGWIRE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>18000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>7071</AccumulatedDepreciationAmt>
        <BookValueAmt>10929</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: JAVA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>10000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>3929</AccumulatedDepreciationAmt>
        <BookValueAmt>6071</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ROYAL DANCE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>471080</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>185067</AccumulatedDepreciationAmt>
        <BookValueAmt>286013</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SANRINO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>706620</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>277601</AccumulatedDepreciationAmt>
        <BookValueAmt>429019</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SAROTTI</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>208200</AccumulatedDepreciationAmt>
        <BookValueAmt>321765</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SPOTIFY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>942160</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>370134</AccumulatedDepreciationAmt>
        <BookValueAmt>572026</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: UPPER CLASS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>175000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>68750</AccumulatedDepreciationAmt>
        <BookValueAmt>106250</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: WIEBERT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>129547</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>50894</AccumulatedDepreciationAmt>
        <BookValueAmt>78653</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZIEZO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>23554</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>9254</AccumulatedDepreciationAmt>
        <BookValueAmt>14300</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZOMANCIER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>412195</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>161934</AccumulatedDepreciationAmt>
        <BookValueAmt>250261</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: LEMON'Y NIC</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1059930</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>416402</AccumulatedDepreciationAmt>
        <BookValueAmt>643528</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: MONARCH BAY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>20000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>7857</AccumulatedDepreciationAmt>
        <BookValueAmt>12143</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DE BEAU</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>659760</CostOrOtherBasisAmt>
        <BookValueAmt>659760</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FINALIST</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>507778</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>18135</AccumulatedDepreciationAmt>
        <BookValueAmt>489643</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FALCON</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>80900</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>8668</AccumulatedDepreciationAmt>
        <BookValueAmt>72232</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LASER EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>18206</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>2731</AccumulatedDepreciationAmt>
        <BookValueAmt>15475</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherDecreasesSchedule documentId="OtherDecreasesSch">
      <OtherDecreasesDetail>
        <Desc>ROUNDING</Desc>
        <Amt>1</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>283</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>212</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>212</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>71</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FARRIER - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>22052</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>22052</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MASSAGE - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>21295</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>21295</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRAINING - HSH</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>VETERINARIAN - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>54071</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>54071</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FARRIER - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>5500</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>5500</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEED/BEDDING - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>27340</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>27340</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>STABLING - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>40000</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>40000</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRANSPORT SVCS TO/FROM FW</Desc>
        <RevenueAndExpensesPerBooksAmt>412593</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>412593</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>VETERINARIAN - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>68725</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>68725</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>GROOMER TRAVEL AND TRANSP</Desc>
        <RevenueAndExpensesPerBooksAmt>17081</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>17081</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FACILITY MAINT - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>13221</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>13221</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MAY SHOW PONIES</Desc>
        <RevenueAndExpensesPerBooksAmt>257811</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>257811</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>KLIMKE</Desc>
        <RevenueAndExpensesPerBooksAmt>157330</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>157330</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAPE</Desc>
        <RevenueAndExpensesPerBooksAmt>27723</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>27723</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE TRAVEL/MEETINGS</Desc>
        <RevenueAndExpensesPerBooksAmt>1886</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1415</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1415</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>472</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>163</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>122</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>122</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>41</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BOOKS, SUBSCRIPTIONS, REFERENC</Desc>
        <RevenueAndExpensesPerBooksAmt>1066</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>799</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>799</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>267</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MELIO CREDIT CARD FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>140</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>105</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>105</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>35</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SPUR ADMINISTRATION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>22440</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>16830</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>16830</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>5610</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>90</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>68</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>68</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>22</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TELEPHONE, TELECOMMUNICATIONS</Desc>
        <RevenueAndExpensesPerBooksAmt>136</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>102</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>102</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>34</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>HORSE SHOW PROCEEDS</Desc>
        <RevenueAndExpensesPerBooksAmt>70</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>70</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>70</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <SubstantialContributorsSch documentId="SubsContributorsSch">
      <SubstantialContributorDetail>
        <PersonNm>MALONE FAMILY FOUNDATION</PersonNm>
        <USAddress>
          <AddressLine1Txt>440 SOUTH BEACH RD</AddressLine1Txt>
          <CityNm>HOBE SOUND</CityNm>
          <StateAbbreviationCd>FL</StateAbbreviationCd>
          <ZIPCd>33455</ZIPCd>
        </USAddress>
      </SubstantialContributorDetail>
    </SubstantialContributorsSch>
    <TaxesSchedule documentId="TaxesSchedule">
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES &amp; WORKMENS COMP</CategoryTxt>
        <Amt>17238</Amt>
        <NetInvestmentIncomeAmt>12928</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>12928</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>4309</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>