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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) | Dec. 31, 2016 | Dec. 31, 2015
--- | --- | ---
Short-Term Investments | $ 96,899,767 | $ 64,945,289
Exchange-Traded Futures Contracts |  |
Foreign Contracts | 2,332,880 | (7,442,340)
Fair Value, Inputs, Level 1 [Member] |  |
Short-Term Investments | 96,899,767 | 64,945,289
Exchange-Traded Futures Contracts |  |
Foreign Contracts | 2,332,880 | (7,442,340)
Fair Value, Inputs, Level 2 [Member] |  |
Short-Term Investments | 0 | 0
Exchange-Traded Futures Contracts |  |
Foreign Contracts | 0 | 0
Fair Value, Inputs, Level 3 [Member] |  |
Short-Term Investments | 0 | 0
Exchange-Traded Futures Contracts |  |
Foreign Contracts | $ 0 | $ 0

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