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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) (USD $)
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
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 $ (7,660) $ (1,556,990)
Change in Unrealized Gain or (Loss) on Derivatives Recognized in Income $ 1,670,430 $ (547,240)
Commodity Contract [Member]
   
Location of Gain or (Loss) on Derivatives Recognized in Income Realized loss on closed positions