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FAIR VALUE OF FINANCIAL INSTRUMENTS (Effect of Derivative Instruments on Condensed Statements of Operations) (Details) - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income $ (1,660,068) $ (2,280,826)
Change in Unrealized Gain or (Loss) on Derivatives Recognized in Income 313,578 975,025
Commodity Contracts [Member] | Futures [Member] | Realized gain on closed positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (1,660,068) (2,280,826)
Commodity Contracts [Member] | Futures [Member] | Change in unrealized gain on open positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Change in Unrealized Gain or (Loss) on Derivatives Recognized in Income $ 313,578 $ 975,025