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v2.4.1.9

Condensed Statements of Cash Flows (USD $) | 3 Months Ended
--- | ---
Mar. 31, 2015 | Mar. 31, 2014
Cash Flows from Operating Activities: |  |
Net income (loss) | $ (1,341,500)us-gaap_NetIncomeLoss | $ 2,096,608 us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities: |  |
(Increase) decrease in commodity futures trading account - cash and cash equivalents | 293,433 us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities | 640,250 us-gaap_IncreaseDecreaseInFinancialInstrumentsUsedInOperatingActivities
Unrealized (gain) loss on futures contracts | (975,025)us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts | (508,810)us-gaap_UnrealizedGainLossOnDerivativesAndCommodityContracts
(Increase) decrease in receivable from General Partner | 48,431 us-gaap_IncreaseDecreaseDueFromOfficersAndStockholders | 62,535 us-gaap_IncreaseDecreaseDueFromOfficersAndStockholders
(Increase) decrease in dividends receivable | 0 us-gaap_IncreaseDecreaseInDividendsReceivable | 384 us-gaap_IncreaseDecreaseInDividendsReceivable
(Increase) decrease in directors' fees and insurance receivable | (1,142)unl_IncreaseDecreaseInDirectorsFeeReceivable | (2,323)unl_IncreaseDecreaseInDirectorsFeeReceivable
(Increase) decrease in ETF transaction fees receivable | 350 us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables | 0 us-gaap_IncreaseDecreaseInAccountsAndOtherReceivables
Increase (decrease) in General Partner management fees payable | 55 unl_IncreaseDecreaseManagementFeesPayable | (4,921)unl_IncreaseDecreaseManagementFeesPayable
Increase (decrease) in professional fees payable | (29,996)unl_IncreaseDecreaseInProfessionalFeesPayable | (103,522)unl_IncreaseDecreaseInProfessionalFeesPayable
Increase (decrease) in license fees payable | (15)unl_IncreaseDecreaseInLicenseFeesPayable | (150)unl_IncreaseDecreaseInLicenseFeesPayable
Net cash provided by (used in) operating activities | (2,005,409)us-gaap_NetCashProvidedByUsedInOperatingActivities | 2,180,051 us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash Flows from Financing Activities: |  |
Addition of partnership shares | 4,642,159 us-gaap_ProceedsFromPartnershipContribution | 0 us-gaap_ProceedsFromPartnershipContribution
Redemption of partnership shares | (1,990,063)unl_PaymentsToPartnershipRedemption | (8,969,857)unl_PaymentsToPartnershipRedemption
Net cash provided by (used in) financing activities | 2,652,096 us-gaap_NetCashProvidedByUsedInFinancingActivities | (8,969,857)us-gaap_NetCashProvidedByUsedInFinancingActivities
Net Increase (Decrease) in Cash and Cash Equivalents | 646,687 us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease | (6,789,806)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and Cash Equivalents, beginning of period | 15,113,447 us-gaap_CashAndCashEquivalentsAtCarryingValue | 25,514,584 us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and Cash Equivalents, end of period | $ 15,760,134 us-gaap_CashAndCashEquivalentsAtCarryingValue | $ 18,724,778 us-gaap_CashAndCashEquivalentsAtCarryingValue

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