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FAIR VALUE OF FINANCIAL INSTRUMENTS (Effect of Derivative Instruments on Condensed Statements of Operations) (Details) - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]      
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 37,249,404 $ (2,875,569) $ (18,738,510)
Realized gain (loss) on closed positions      
Derivative Instruments, Gain (Loss) [Line Items]      
Realized Gain (Loss) on Derivatives Recognized in Income (7,435,894) (24,569,061) 402,190
Change in unrealized gain (loss) on open positions      
Derivative Instruments, Gain (Loss) [Line Items]      
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 37,249,404 $ (2,875,569) $ (18,738,510)