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FAIR VALUE OF FINANCIAL INSTRUMENTS (Effect of Derivative Instruments on Condensed Statements of Operations) (Details) - USD ($)
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]    
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 1,864,045 $ (17,188,069)
Commodity Contracts | Realized gain (loss) on closed positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Realized Gain (Loss) on Derivatives Recognized in Income 4,474,975 6,144,519
Commodity Contracts | Change in unrealized gain (loss) on open positions    
Derivative Instruments, Gain (Loss) [Line Items]    
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 1,864,045 $ (17,188,069)