XML 42 R27.htm IDEA: XBRL DOCUMENT v3.24.3

FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2024
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS
Percentage of management fee in average daily total net assets			0.60%
Registration fees			$ 0	$ 0
Estimated directors' fees and expenses	$ 4,991	$ 9,750	$ 14,391	31,211
Fee percentage			0.015%
Licensing fee incurred	$ 2,194	$ 2,904	$ 7,021	$ 8,710
Scenario Forecast
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS
Estimated directors' fees and expenses					$ 20,000
Investor tax reporting cost					200,000
USL and other Related Public Funds | Scenario Forecast
FEES PAID BY THE FUND AND RELATED PARTY TRANSACTIONS
Estimated directors' fees and expenses					$ 945,000

X

- Definition

Amount of registration fee expense for issuance of shares or units.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 946
-SubTopic 220
-Name Accounting Standards Codification
-Section 45
-Paragraph 3
-Subparagraph (m)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479105/946-220-45-3

+ Details

Name:	us-gaap_InvestmentCompanyRegistrationExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Noninterest expense related to directors' fees which are fees paid by an Entity to its directors. Directors' fees may be paid in addition to salary and other benefits.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 942
-SubTopic 220
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(14))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478524/942-220-S99-1

+ Details

Name:	us-gaap_NoninterestExpenseDirectorsFees
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Amount of general expenses not normally included in Other Operating Costs and Expenses.

+ References

Reference 1: http://www.xbrl.org/2003/role/exampleRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 55
-Paragraph 48
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482785/280-10-55-48

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 220
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(6))
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2

+ Details

Name:	us-gaap_OtherGeneralExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Percentage of base fee.

+ References

No definition available.

+ Details

Name:	usl_BaseFeePercentage
Namespace Prefix:	usl_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Fees Paid and Related Party Transactions [Line Items]

+ References

No definition available.

+ Details

Name:	usl_FeesPaidAndRelatedPartyTransactionsLineItems
Namespace Prefix:	usl_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

It represent the value of license fees and other offering expenses.

+ References

No definition available.

+ Details

Name:	usl_LicenseFeesAndOtherOfferingExpenses
Namespace Prefix:	usl_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

Percentage of Management Fee In Average Daily Total Net Assets.

+ References

No definition available.

+ Details

Name:	usl_PercentageOfManagementFeeInAverageDailyTotalNetAssets
Namespace Prefix:	usl_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	srt_StatementScenarioAxis=srt_ScenarioForecastMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=usl_FundTrustsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: