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        <ExcessFromYear2Amt>1035999</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>2415907</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>996216</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <PrivateOperatingFndtnRulingDt>2009-01-07</PrivateOperatingFndtnRulingDt>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <Pct85LessorAdjIncmOrMinRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>0</TotalAmt>
        </Pct85LessorAdjIncmOrMinRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>996216</CurrentYearAmt>
          <Year1Amt>2415907</Year1Amt>
          <Year2Amt>1035999</Year2Amt>
          <Year3Amt>1881750</Year3Amt>
          <TotalAmt>6329872</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriNotUsedDrtGrp />
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>996216</CurrentYearAmt>
          <Year1Amt>2415907</Year1Amt>
          <Year2Amt>1035999</Year2Amt>
          <Year3Amt>1881750</Year3Amt>
          <TotalAmt>6329872</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <CurrentYearAmt>10855094</CurrentYearAmt>
          <Year1Amt>11961065</Year1Amt>
          <Year2Amt>11127387</Year2Amt>
          <Year3Amt>12327284</Year3Amt>
          <TotalAmt>46270830</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <TotalAmt>0</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
        <TwoThirdsMinimumInvstRetGrp>
          <CurrentYearAmt>23655</CurrentYearAmt>
          <Year1Amt>36282</Year1Amt>
          <Year2Amt>71422</Year2Amt>
          <Year3Amt>72759</Year3Amt>
          <TotalAmt>204118</TotalAmt>
        </TwoThirdsMinimumInvstRetGrp>
        <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>200</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DividendsAndInterestFromSecDtl>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>27737</ExclusionAmt>
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        <NetRntlIncmReDebtFincdPropGrp />
        <NetRntlIncmReNotDebtFincdProp />
        <NetRentalIncomePersonalPropGrp />
        <OtherInvestmentIncomeGrp />
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>-378889</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <NetIncomeLossFromSpecialEvtGrp />
        <GrossProfitLossSlsOfInvntryGrp />
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>-350952</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>-350952</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>937198</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>352962</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>29464</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>138801</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>208200</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>34700</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>4714</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1000</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: DON'T STOP</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>208200</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>694001</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>7071</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1500</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: JAVA</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>10000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3929</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>833</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ROYAL DANCE</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>471080</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>185067</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>277601</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>208200</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>370134</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>68750</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>50894</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>9254</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>1963</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: ZOMANCIER</PropertyDesc>
        <AcquiredDt>2021-04-01</AcquiredDt>
        <CostOrOtherBasisAmt>412195</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>161934</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>416402</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>7857</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>
        <CurrentYearExpenseAmt>94251</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FINALIST</PropertyDesc>
        <AcquiredDt>2023-10-06</AcquiredDt>
        <CostOrOtherBasisAmt>507778</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>18135</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>72540</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>HORSE: FALCON</PropertyDesc>
        <AcquiredDt>2023-04-11</AcquiredDt>
        <CostOrOtherBasisAmt>80900</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8668</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7</LifeRt>
        <CurrentYearExpenseAmt>6742</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LASER EQUIP</PropertyDesc>
        <AcquiredDt>2023-03-21</AcquiredDt>
        <CostOrOtherBasisAmt>18206</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2731</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5</LifeRt>
        <CurrentYearExpenseAmt>3641</CurrentYearExpenseAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <InvestmentsGovtObligationsSch documentId="InvGovtObligSch">
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      <USGovtObligationsEOYFMVAmt>1310715</USGovtObligationsEOYFMVAmt>
    </InvestmentsGovtObligationsSch>
    <LandEtcSchedule2 documentId="LandEtcSch2">
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FAVORIT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>324755</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>324754</AccumulatedDepreciationAmt>
        <BookValueAmt>1</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZYGOSH</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FADO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1098105</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>509834</AccumulatedDepreciationAmt>
        <BookValueAmt>588271</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: HANNIBAL</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>75000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>40178</AccumulatedDepreciationAmt>
        <BookValueAmt>34822</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ASTRO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>353310</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>189274</AccumulatedDepreciationAmt>
        <BookValueAmt>164036</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: BOCCA DI BA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>283909</AccumulatedDepreciationAmt>
        <BookValueAmt>246056</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: COTESSA</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>88328</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>47318</AccumulatedDepreciationAmt>
        <BookValueAmt>41010</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DOMONIC</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DON'T STOP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>283909</AccumulatedDepreciationAmt>
        <BookValueAmt>246056</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ECLECTISCH</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>1766550</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>946365</AccumulatedDepreciationAmt>
        <BookValueAmt>820185</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: JAGWIRE</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: JAVA</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ROYAL DANCE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>471080</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>252364</AccumulatedDepreciationAmt>
        <BookValueAmt>218716</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SANRINO</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>706620</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>378547</AccumulatedDepreciationAmt>
        <BookValueAmt>328073</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SAROTTI</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>529965</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>283909</AccumulatedDepreciationAmt>
        <BookValueAmt>246056</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: SPOTIFY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>942160</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>504728</AccumulatedDepreciationAmt>
        <BookValueAmt>437432</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: UPPER CLASS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>175000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>93750</AccumulatedDepreciationAmt>
        <BookValueAmt>81250</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: WIEBERT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>129547</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>69401</AccumulatedDepreciationAmt>
        <BookValueAmt>60146</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZIEZO</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: ZOMANCIER</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>412195</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>220819</AccumulatedDepreciationAmt>
        <BookValueAmt>191376</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: LEMON'Y NIC</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: MONARCH BAY</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>20000</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>10714</AccumulatedDepreciationAmt>
        <BookValueAmt>9286</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: DE BEAU</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>659760</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>94251</AccumulatedDepreciationAmt>
        <BookValueAmt>565509</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FINALIST</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>507778</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>90675</AccumulatedDepreciationAmt>
        <BookValueAmt>417103</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>HORSE: FALCON</CategoryOrItemTxt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LASER EQUIP</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>18206</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>6372</AccumulatedDepreciationAmt>
        <BookValueAmt>11834</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <OtherExpensesSchedule documentId="OtherExpensesSch">
      <OtherExpensesScheduleGrp>
        <Desc>PAYROLL FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>239</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>179</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>179</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>60</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FARRIER - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>21385</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>21385</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MASSAGE - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>18635</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>18635</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>VETERINARIAN - HSH</Desc>
        <RevenueAndExpensesPerBooksAmt>89338</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>89338</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FARRIER - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>24287</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>24287</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FEED/BEDDING - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>46068</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>46068</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>1544</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1544</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>TRANSPORT SVCS TO/FROM FW</Desc>
        <RevenueAndExpensesPerBooksAmt>328600</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>328600</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>VETERINARIAN - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>72534</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>72534</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>GROOMER TRAVEL AND TRANSP</Desc>
        <RevenueAndExpensesPerBooksAmt>29542</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>29542</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>FACILITY MAINT - FW</Desc>
        <RevenueAndExpensesPerBooksAmt>18569</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>18569</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MAY SHOW PONIES</Desc>
        <RevenueAndExpensesPerBooksAmt>149962</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>149962</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>KLIMKE</Desc>
        <RevenueAndExpensesPerBooksAmt>135725</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>135725</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PAPE</Desc>
        <RevenueAndExpensesPerBooksAmt>24565</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>24565</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADMINISTRATIVE TRAVEL/MEETINGS</Desc>
        <RevenueAndExpensesPerBooksAmt>1596</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>1197</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>1197</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>399</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>47</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>35</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>35</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>12</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BOOKS, SUBSCRIPTIONS, REFERENC</Desc>
        <RevenueAndExpensesPerBooksAmt>1168</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>876</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>876</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>292</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>MELIO CREDIT CARD FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>87</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>65</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>65</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>22</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SPUR ADMINISTRATION EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>24600</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>18450</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>18450</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6150</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSch2">
      <OtherIncomeDetail>
        <Desc>HORSE SHOW PROCEEDS</Desc>
      </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>27773</Amt>
        <NetInvestmentIncomeAmt>20830</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>20830</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>6943</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>