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Condensed Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Gain (loss) on trading of commodity futures contracts:    
Realized gain (loss) on closed futures contracts $ (1,660,068) $ (2,280,826)
Change in unrealized gain (loss) on open futures contracts 313,578 975,025
Dividend income 2,592 716
Interest income 5,851 635
ETF transaction fees 700 2,100
Total income (loss) (1,337,347) (1,302,350)
Expenses    
General Partner management fees (Note 3) 22,545 32,443
Professional fees 26,135 21,266
Brokerage commissions 958 1,595
Directors' fees and insurance 530 1,032
License fees 451 649
Total expenses 50,619 56,985
Expense waiver (Note 3) (23,616) (17,835)
Net expenses 27,003 39,150
Net income (loss) $ (1,364,350) $ (1,341,500)
Net income (loss) per limited partnership share $ (0.98) $ (1.09)
Net income (loss) per weighted average limited partnership share $ (1.00) $ (1.02)
Weighted average limited partnership shares outstanding 1,360,440 1,317,778