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CONTRACTS AND AGREEMENTS (Tables)
9 Months Ended
Sep. 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 nine months
 
 
For the nine months
 
 
 
ended September 30,
 
 
ended September 30,
 
 
 
2017
 
 
2016
 
Total commissions accrued to brokers
 
$
1,604
 
 
$
2,601
 
Total commissions as an annualized percentage of average total net assets
 
 
0.02
%
 
 
0.03
%
Commissions accrued as a result of rebalancing
 
$
1,130
 
 
$
2,455
 
Percentage of commissions accrued as a result of rebalancing
 
 
70.45
%
 
 
94.39
%
Commissions accrued as a result of creation and redemption activity
 
$
474
 
 
$
146
 
Percentage of commissions accrued as a result of creation and redemption activity
 
 
29.55
%
 
 
5.61
%