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Statements of Operations (USD $) | 12 Months Ended
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Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
Gain (loss) on trading of commodity futures contracts: |  |  |  |  |  |
Realized gain on closed positions | $ 3,338,310 |  | $ 3,239,910 |  | $ 8,052,950 |
Change in unrealized gain (loss) on open positions | (710,660) |  | 1,655,900 |  | (1,239,230) |
Dividend income | 6,856 |  | 10,149 |  | 3,457 |
Interest income | 5,073 |  | 5,345 |  | 4,586 |
Other income | 18,900 |  | 10,500 |  | 20,050 |
Total income | 2,658,479 |  | 4,921,804 |  | 6,841,813 |
Expenses |  |  |  |  |  |
General Partner management fees (Note 3) | 299,440 |  | 391,039 |  | 318,548 |
Professional fees | 140,442 |  | 125,339 |  | 146,522 |
Brokerage commissions | 29,674 |  | 33,506 |  | 31,871 |
Other expenses | 9,012 |  | 9,844 |  | 4,953 |
Total expenses | 478,568 |  | 559,728 |  | 501,894 |
Expense waiver (Note 3) | (80,653) |  | (47,248) |  | (104,431) |
Net expenses | 397,915 |  | 512,480 |  | 397,463 |
Net income | $ 2,260,564 |  | $ 4,409,324 |  | $ 6,444,350 |
Net income per limited partnership share | $ 2.83 |  | $ 3.71 | [1] | $ 5.73 | [1]
Net income per weighted average limited partnership share | $ 2.35 |  | $ 3.37 | [1] | $ 5.74 | [1]
Weighted average limited partnership shares outstanding | 963,425 | [1] | 1,307,650 | [1] | 1,122,740 | [1]
[1] | On August 26, 2013, the United States Brent Oil Fund, LP executed a 2-for-1 forward share split for all shareholders of record as of the close of markets on August 26, 2013. The 2-for-1 forward share split was payable after the close of markets on August 28, 2013. United States Brent Oil Fund, LP began trading its post-share split price on August 29, 2013. The Statements of Operations have been adjusted for the period shown to reflect the 2-for-1 forward share split on a retroactive basis.

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