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CONTRACTS AND AGREEMENTS (Tables)
 6 Months Ended
Jun. 30, 2017
Contracts and Agreements [Abstract]  
Brokerage Commissions
UNL also incurs commissions to brokers for the purchase and sale of Natural Gas Futures Contracts, Other Natural Gas-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).
 
 
 
For the six
 
 
For the six
 
 
 
months ended
 
 
months ended
 
 
 
June 30,
 
 
June 30,
 
 
 
2017
 
 
2016
 
Total commissions accrued to brokers
 
$
1,097
 
 
$
1,830
 
Total commissions as an annualized percentage of average net assets
 
 
0.02
%
 
 
0.03
%
Commissions accrued as a result of rebalancing
 
$
623
 
 
$
1,684
 
Percentage of commissions accrued as a result of rebalancing
 
 
56.79
%
 
 
92.02
%
Commissions accrued as a result of creation and redemption activity
 
$
474
 
 
$
146
 
Percentage of commissions accrued as a result of creation and redemption activity
 
 
43.21
%
 
 
7.98
%