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FAIR VALUE OF FINANCIAL INSTRUMENTS (Effect of Derivative Instruments on Condensed Statements of Operations) (Details) - USD ($)
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]    
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 30,005,207 $ 4,104,681
Realized gain on closed positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income (11,487,686) (19,494,981)
Change in unrealized gain (loss) on open positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 30,005,207 $ 4,104,681