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FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
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 $ 12,264,400 $ 27,857,540 $ (41,811,240)
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income $ 3,255,030 $ 9,775,220 $ (1,095,250)
Commodity Contract [Member]      
Location of Gain (Loss) on Derivatives Recognized in Income Realized gain (loss) on closed positions