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Condensed Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed futures contracts $ (5,696,095) $ 1,515,340 $ (12,040,311) $ 2,040,490
Change in unrealized gain (loss) on open futures contracts 14,570,994 2,526,000 15,811,271 3,632,210
Dividend income 1,795 2,499 3,571 5,536
Interest income 8,891 1,326 12,944 3,154
ETF transaction fees 2,800 350 8,750 1,050
Total income (loss) 8,888,385 4,045,515 3,796,225 5,682,440
Expenses        
General Partner management fees (Note 3) 127,382 86,481 220,197 172,934
Professional fees 37,841 37,462 58,460 88,855
Brokerage commissions 3,728 1,116 10,165 2,516
Directors' fees and insurance 2,458 4,268 5,363 8,445
License fees 3,186 2,162 5,506 4,323
Registration fees 0 1,350 0 1,350
Total expenses 174,595 132,839 299,691 278,423
Net income (loss) $ 8,713,790 $ 3,912,676 $ 3,496,534 $ 5,404,017
Net income (loss) per limited partnership share $ 2.88 $ 3.07 $ 0.25 $ 4.34
Net income (loss) per weighted average limited partnership share $ 2.75 $ 3.06 $ 1.23 $ 4.08
Weighted average limited partnership shares outstanding 3,170,330 1,279,121 2,840,055 1,325,138