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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) - USD ($)
9 Months Ended
Sep. 30, 2017
Sep. 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 $ (1,973,510) $ 12,222,290
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 73,620 $ 15,895,590
Commodity Contract [Member]    
Location of Gain (Loss) on Derivatives Recognized in Income Realized gain (loss) on closed positions