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FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS (Details) - USD ($) | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | ---
Jun. 30, 2020 | Jun. 30, 2019 | Jun. 30, 2020 | Jun. 30, 2019 | Dec. 31, 2020
Fees Paid And Related Party Transactions |  |  |  |  |
Ongoing Registration Fees and Other Offering Expenses | $ 1,211,000 | $ 150,142 | $ 1,478,714 | $ 278,028 |
Fees and expenses | 101,092 | 71,055 | 194,204 | 152,776 |
Licensing fee incurred | $ 154,416 | $ 55,551 | $ 209,731 | 115,665 |
Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Investor tax reporting cost |  |  |  |  | $ 1,700,000
USO And Related Public Funds | Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fees and expenses |  |  |  |  | 574,000
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 |  |  | $ 1,478,714 | 278,028 |
Licensing fee incurred |  |  | $ 209,731 | $ 115,665 |
USO | Forecast |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fees and expenses |  |  |  |  | $ 353,000
Licensing Agreements |  |  |  |  |
Fees Paid And Related Party Transactions |  |  |  |  |
Fee percentage |  |  | 0.015% |  |

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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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