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FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS (Details) - USD ($) | 3 Months Ended | 9 Months Ended | 12 Months Ended
--- | --- | --- | ---
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2019
Fees Paid And Related Party Transactions |  |  |  |  |
Ongoing Registration Fees and Other Offering Expenses | $ 151,791 | $ 5,963 | $ 429,819 | $ 93,326 |
Fees and expenses | 89,972 | 80,559 | 242,748 | 236,202 |
Licensing fee incurred | $ 51,673 | $ 66,164 | $ 167,338 | 209,789 |
Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Estimated investor tax reporting cost |  |  |  |  | $ 1,500,000
USO And Related Public Funds | Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fees and expenses |  |  |  |  | 543,500
USCF |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
USCF Management Fee |  |  | 0.45% |  |
USO |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Ongoing Registration Fees and Other Offering Expenses |  |  | $ 429,819 | 93,326 |
Licensing fee incurred |  |  | $ 167,338 | $ 209,789 |
USO | Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fees and expenses |  |  |  |  | $ 339,000
Licensing Agreements |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fee percentage |  |  | 0.015% |  |

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- Definition Noninterest expense related to directors' fees which are fees paid by an Entity to its directors. Directors' fees may be paid in addition to salary and other benefits. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04.14) -URI http://asc.fasb.org/extlink&oid=116637391&loc=SL114874048-224260 + Details
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- Definition Amount of general expenses not normally included in Other Operating Costs and Expenses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.6) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 + Details
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