Punishment for grand larceny for minor?

i am 15 years old, and stupidly, i made a mistake by stealing my friends ipod. it was an ipod video, and i think it is over $200. I do not know why i did this, and i will take responsibility for my action. i do not know the details yet, but my friends told me that he filed a police report. So when do you think the court date would be, and what do you think will happen to me? This is my first offense, and i have been to court once as a witness because some guy pulled a knife on my friend. the guy who is pressing charges on me has been to court already because he got caught buying weed. no answers like you're stupid, or you're dumb, but real answers as what will happen to me. i am very scared and do not know what to do. help please.