XML 23 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash Flows from Operating Activities:    
Net income (loss) $ (8,539,699) $ 6,395,974
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 304,425 512,198
Unrealized (gain) loss on open futures contracts (1,666,380) (2,346,110)
(Increase) decrease in receivable from General Partner (120,259) 75,952
(Increase) decrease in dividends receivable (2,035) (2,514)
(Increase) decrease in directors' fees and insurance receivable (3,196) (2,570)
Increase (decrease) in payable due to Broker 1,936,460 0
Increase (decrease) in General Partner management fees payable (9,687) 22,567
Increase (decrease) in professional fees payable 33,054 (69,428)
Increase (decrease) in brokerage commissions payable (1,860) 1,430
Increase (decrease) in directors' fees and insurance payable (1,184) (661)
Net cash provided by (used in) operating activities (8,070,361) 4,586,838
Cash Flows from Financing Activities:    
Addition of partnership shares 764,363 26,297,285
Redemption of partnership shares (3,091,601) (3,763,347)
Net cash provided by (used in) financing activities (2,327,238) 22,533,938
Net Increase (Decrease) in Cash and Cash Equivalents (10,397,599) 27,120,776
Cash and Cash Equivalents, beginning of period 103,167,056 67,996,295
Cash and Cash Equivalents, end of period $ 92,769,457 $ 95,117,071