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CONTRACTS AND AGREEMENTS (Tables)
 12 Months Ended
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
%