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FAIR VALUE OF FINANCIAL INSTRUMENTS (Effect of Derivative Instruments on Condensed Statements of Operations) (Details) - USD ($) | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2017 | Jun. 30, 2016 | Jun. 30, 2017 | Jun. 30, 2016
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Realized Gain (Loss) on Derivatives Recognized in Income | $ 368,482 | $ (916,739) | $ 656,563 | $ (2,576,807)
Change in Unrealized Gain on (Loss) on Derivatives Recognized in Income |  |  | (3,109,473) | 3,879,007
Commodity Contracts [Member] | Futures [Member] | Realized gain (loss) on closed positions |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Realized Gain (Loss) on Derivatives Recognized in Income |  |  | 656,563 | (2,576,807)
Commodity Contracts [Member] | Futures [Member] | Change in unrealized gain (loss) on open positions |  |  |  |
Derivative Instruments, Gain (Loss) [Line Items] |  |  |  |
Change in Unrealized Gain on (Loss) on Derivatives Recognized in Income |  |  | $ (3,109,473) | $ 3,879,007

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- Definition The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 + Details
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open derivatives, commodity, or energy contracts, held at each balance sheet date, that was included in earnings for the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=98514028&loc=d3e3602-108585 + Details
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