XML 20 R5.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Operations - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed futures contracts $ (155,270,440) $ (215,557,610)
Change in unrealized gain (loss) on open futures contracts (96,491,490) 41,526,920
Dividend income 858,889 348,412
Interest income 2,940,939 1,745,263
ETF transaction fees 69,350 85,000
Total income (loss) (247,892,752) (171,852,015)
Expenses    
General Partner management fees (Note 3) 3,226,589 3,919,330
Professional fees 590,480 673,315
Brokerage commissions 1,161,407 2,229,168
Directors' fees and insurance 90,610 87,551
License fees 107,553 130,644
Registration fees 85,913 80,969
Total expenses 5,262,552 7,120,977
Net income (loss) $ (253,155,304) $ (178,972,992)
Net income (loss) per limited partnership share (in dollars per share) $ (1.09) $ (1.28)
Net income (loss) per weighted average limited partnership share (in dollars per share) $ (0.97) $ (0.48)
Weighted average limited partnership shares outstanding (in shares) 261,642,222 374,947,253