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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) (USD $)
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Derivatives not Accounted for as Hedging Instruments Futures-Commodity Contracts  
Location of Gain or (Loss) on Derivatives Recognized in Income Change in unrealized gain on open positions  
Realized Gain or (Loss) on Derivatives Recognized in Income $ (3,492,540) $ 5,967,540
Change in Unrealized Gain or (Loss) on Derivatives Recognized in Income $ 347,910 $ (936,770)
Commodity Contract [Member]
   
Location of Gain or (Loss) on Derivatives Recognized in Income Realized gain on closed positions