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CONTRACTS AND AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2015
Contracts and Agreements [Abstract]  
Brokerage Commissions
UNL also incurs commissions to brokers for the purchase and sale of Futures Contracts, Other Natural Gas-Related Investments or short term obligations of the United States of two years or less (“Treasuries”).
 
 
 
For the Year Ended
 
 
For the Year Ended
 
 
For the Year Ended
 
 
 
December 31, 2015
 
 
December 31, 2014
 
 
December 31, 2013
 
Total commissions accrued to brokers
 
$
6,117
 
 
$
3,918
 
 
$
8,360
 
Total commissions as annualized percentage of average total net assets
 
 
0.04
%
 
 
0.02
%
 
 
0.03
%
Commissions accrued as a result of rebalancing
 
$
4,698
 
 
$
2,126
 
 
$
4,484
 
Percentage of commissions accrued as a result of rebalancing
 
 
76.80
%
 
 
54.26
%
 
 
53.64
%
Commissions accrued as a result of creation and redemption activity
 
$
1,419
 
 
$
1,792
 
 
$
3,876
 
Percentage of commissions accrued as a result of creation and redemption activity
 
 
23.20
%
 
 
45.74
%
 
 
46.36
%