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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) - USD ($)
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Derivatives not Accounted for as Hedging Instruments Futures - Commodity Contracts   
Location of Gain (Loss) on Derivatives Recognized in Income Change in unrealized gain (loss) on open positions  
Realized Gain (Loss) on Derivatives Recognized in Income $ (20,620,370) $ 23,110,490
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 3,364,120 $ 6,533,930
Commodity Contract [Member]    
Location of Gain (Loss) on Derivatives Recognized in Income Realized gain (loss) on closed positions