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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed positions $ (26,619,172) $ (4,173,460) $ (21,353,500) $ (4,181,120)
Change in unrealized gain (loss) on open contracts (2,487,188) (4,705,630) 1,982,630 (3,035,200)
Realized gain (loss) on short-term investments 10 0 10 0
Dividend income 312 468 1,831 967
Interest income 16,385 3,856 39,435 7,847
ETF transaction fees 4,200 2,100 18,200 8,750
Total income (loss) (29,085,453) (8,872,666) (19,311,394) (7,198,756)
Expenses        
General Partner management fees (Note 3) 168,387 94,208 537,677 218,238
Professional fees 38,648 39,750 108,954 121,562
Brokerage commissions 28,015 7,785 83,780 18,535
Directors' fees and insurance 2,657 2,624 8,233 7,045
Total expenses 237,707 144,367 738,644 365,380
Expense waiver (Note 3) (32,885) (37,319) (91,326) (95,024)
Net expenses 204,822 107,048 647,318 270,356
Net income (loss) $ (29,290,275) $ (8,979,714) $ (19,958,712) $ (7,469,112)
Net income (loss) per limited partnership share $ (6.07) $ (7.63) $ (5.83) $ (6.09)
Net income (loss) per weighted average limited partnership share $ (5.92) $ (7.52) $ (4.30) $ (8.22)
Weighted average limited partnership shares outstanding 4,947,283 1,194,022 4,637,546 908,974