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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed positions $ (2,118,314) $ 826,770 $ (4,399,140) $ 2,468,510
Change in unrealized gain (loss) on open positions 2,783,384 (769,280) 3,758,409 (260,470)
Dividend income 724 798 1,440 1,348
Interest income 587 414 1,222 1,127
ETF transaction fees 2,450 1,050 4,550 4,200
Total income (loss) 668,831 59,752 (633,519) 2,214,715
Expenses        
General Partner management fees (Note 3) 33,596 35,536 66,039 80,212
Professional fees 26,936 47,502 48,202 94,482
Brokerage commissions 2,149 (189) 3,744 1,881
Directors' fees and insurance 746 1,531 1,778 3,311
License fees 672 710 1,321 1,604
Total expenses 64,099 85,090 121,084 181,490
Expense waiver (Note 3) (23,928) (40,700) (41,763) (78,745)
Net expenses 40,171 44,390 79,321 102,745
Net income (loss) $ 628,660 $ 15,362 $ (712,840) $ 2,111,970
Net income (loss) per limited partnership share $ 0.22 $ (0.07) $ (0.87) $ 1.24
Net income (loss) per weighted average limited partnership share $ 0.45 $ 0.02 $ (0.52) $ 1.94
Weighted average limited partnership shares outstanding 1,408,242 942,308 1,363,260 1,089,503