XML 24 R8.htm IDEA: XBRL DOCUMENT v3.3.0.814
Condensed Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities:    
Net income (loss) $ (19,958,712) $ (7,469,112)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
(Increase) decrease in commodity futures trading account - cash and cash equivalents (5,775,280) (23,810)
Unrealized (gain) loss on open futures contracts (1,982,630) 3,035,200
(Increase) decrease in receivable from General Partner 2,990 39,869
(Increase) decrease in dividends receivable (8) 426
(Increase) decrease in directors' fees and insurance receivable 0 (116)
(Increase) decrease in ETF transaction fees receivable 350 350
Increase (decrease) in General Partner management fees payable 32,335 10,100
Increase (decrease) in professional fees payable (27,517) (74,978)
Increase (decrease) in brokerage commissions payable 4,060 465
Increase (decrease) in directors' fees and insurance payable (187) (209)
Net cash provided by (used in) operating activities (27,704,599) (4,481,815)
Cash Flows from Financing Activities:    
Addition of partnership shares 99,919,258 45,864,685
Redemption of partnership shares (36,340,445) (27,267,227)
Net cash provided by (used in) financing activities 63,578,813 18,597,458
Net Increase (Decrease) in Cash and Cash Equivalents 35,874,214 14,115,643
Cash and Cash Equivalents, beginning of period 36,408,502 25,257,312
Cash and Cash Equivalents, end of period $ 72,282,716 $ 39,372,955