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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed futures contracts $ (7,454,670) $ 454,600 $ (19,494,981) $ 2,495,090
Change in unrealized gain (loss) on open futures contracts (11,706,590) (6,883,810) 4,104,681 (3,251,600)
Dividend income 1,254 2,460 4,825 7,996
Interest income 11,401 1,506 24,345 4,660
ETF transaction fees 3,850 700 12,600 1,750
Total income (loss) (19,144,755) (6,424,544) (15,348,530) (742,104)
Expenses        
General Partner management fees (Note 3) 108,930 81,958 329,127 254,892
Professional fees 22,243 26,830 80,703 115,685
Brokerage commissions 5,205 1,076 15,370 3,592
Directors' fees and insurance 2,311 3,861 7,674 12,306
License fees 2,722 2,050 8,228 6,373
Registration fees 0 0 0 1,350
Total expenses 141,411 115,775 441,102 394,198
Net income (loss) $ (19,286,166) $ (6,540,319) $ (15,789,632) $ (1,136,302)
Net income (loss) per limited partnership share $ (6.39) $ (5.37) $ (6.14) $ (1.03)
Net income (loss) per weighted average limited partnership share $ (5.78) $ (5.36) $ (5.25) $ (0.88)
Weighted average limited partnership shares outstanding 3,335,870 1,219,565 3,007,143 1,289,560