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Statement of Changes in Shareholders' Deficit (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Statement of Changes in Net Assets [Abstract]      
Shareholders’ deficit - opening balance $ (46,877)us-gaap_RetainedEarningsAccumulatedDeficit [1],[2] $ (52,982)us-gaap_RetainedEarningsAccumulatedDeficit [1] $ (23,047)us-gaap_RetainedEarningsAccumulatedDeficit [1]
Net gain / (loss) from operations 54,947us-gaap_NetIncomeLoss [1] 11,928us-gaap_NetIncomeLoss [1],[3],[4] (2,250)us-gaap_NetIncomeLoss [1],[3],[4]
Adjustment of redeemable Shares to redemption value   (5,823)pall_AdjustmentOfRedeemableSharesToRedemptionValue [1] (27,685)pall_AdjustmentOfRedeemableSharesToRedemptionValue [1]
Shareholders’ deficit - closing balance $ 0us-gaap_RetainedEarningsAccumulatedDeficit [1] $ (46,877)us-gaap_RetainedEarningsAccumulatedDeficit [1],[2] $ (52,982)us-gaap_RetainedEarningsAccumulatedDeficit [1]
[1] Effective January 1, 2014, the Trust has adopted the provisions of Topic 946, Investment Companies, and follows specialized accounting. Refer to Note 2.1 for additional information.
[2] Derived from audited Statement of Financial Condition as of December 31, 2013. The amounts are those previously reported under non-investment company accounting. Refer to Note 2.1 for additional information.
[3] Amounts are those previously reported under non-investment company accounting.  Refer to Note 2.1 for additional information.
[4] In accordance with Topic 946, Investment Companies, the Trust meets the exemption criteria to exclude a statement of cash flows. Thus one has not been presented for the year ended December 31, 2014. Refer to Note 2.1 for additional information.