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CONTRACTS AND AGREEMENTS (Tables) | 12 Months Ended
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Dec. 31, 2016
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 |  |  | For the Year |  |  | For the Year |
|  | Ended |  |  | Ended |  |  | Ended |
|  | December 31, |  |  | December 31, |  |  | December 31, |
|  | 2016 |  |  | 2015 |  |  | 2014 |
Total commissions accrued to brokers |  | $ | 3,451 |  |  | $ | 6,117 |  |  | $ | 3,918 |
Total commissions as annualized percentage of average total net assets |  |  | 0.03 | % |  |  | 0.04 | % |  |  | 0.02 | %
Commissions accrued as a result of rebalancing |  | $ | 3,305 |  |  | $ | 4,698 |  |  | $ | 2,126 |
Percentage of commissions accrued as a result of rebalancing |  |  | 95.77 | % |  |  | 76.80 | % |  |  | 54.26 | %
Commissions accrued as a result of creation and redemption activity |  | $ | 146 |  |  | $ | 1,419 |  |  | $ | 1,792 |
Percentage of commissions accrued as a result of creation and redemption activity |  |  | 4.23 | % |  |  | 23.20 | % |  |  | 45.74 | %

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- Definition Tabular disclosure of fees earned by the broker commission. + References No definition available. + Details
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- References No definition available. + Details
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