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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) (USD $)
9 Months Ended
Sep. 30, 2012
Sep. 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 (loss) on open positions  
Realized Gain or (Loss) on Derivatives Recognized in Income $ 4,019,700 $ 3,874,520
Change in Unrealized Gain or (Loss) on Derivatives Recognized in Income $ 480,220 $ (937,210)
Commodity Contract [Member]
   
Location of Gain or (Loss) on Derivatives Recognized in Income Realized gain on closed positions