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Condensed Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Gain on trading of commodity contracts:        
Realized gain on closed positions $ 5,369,970 $ 7,512,240 $ 3,812,980 $ 4,019,700
Change in unrealized gain (loss) on open positions (1,831,440) 132,310 (2,378,680) 480,220
Dividend income 1,550 2,479 5,556 6,892
Interest income 1,207 1,300 3,713 4,295
Other income 3,150 2,100 9,100 8,050
Total income 3,544,437 7,650,429 1,452,669 4,519,157
Expenses        
General Partner management fees (Note 3) 79,538 105,227 242,400 302,114
Professional fees 36,854 31,070 98,858 89,183
Brokerage commissions 6,739 8,739 23,029 25,880
Other expenses 2,356 2,714 7,010 7,446
Total expenses 125,487 147,750 371,297 424,623
Expense waiver (Note 3) (20,958) (10,169) (50,477) (29,017)
Net expenses 104,529 137,581 320,820 395,606
Net income $ 3,439,908 $ 7,512,848 $ 1,131,849 $ 4,123,551
Net income per limited partnership unit $ 3.51 $ 5.92 [1] $ 1.41 $ 3.33 [1]
Net income per weighted average limited partnership unit $ 3.44 $ 5.28 [1] $ 1.08 $ 3.05 [1]
Weighted average limited partnership units outstanding 998,913 [1] 1,423,914 [1] 1,052,015 [1] 1,352,190 [1]
[1] On August 26, 2013, the United States Brent Oil Fund, LP executed a 2-for-1 forward unit split for all unitholders of record as of the close of markets on August 26, 2013. The 2-for-1 forward unit split was payable after the close of markets on August 28, 2013. United States Brent Oil Fund, LP began trading its post-unit split price on August 29, 2013. The Condensed Statement of Operations (Unaudited) has been adjusted for the period shown to reflect the 2-for-1 forward unit split on a retroactive basis.