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Derivatives and Hedging (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities, Disclosures [Line Items]  
Offsetting Of Derivative Assets And Liabilities
The following tables summarize the valuation of each Partnership’s investments as of December 31, 2013 and 2012.

Charter Campbell

Offsetting of Derivative Assets and Liabilities as of December 31, 2013:
 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 $  $  
$
 
Assets
 
  
  
 
Futures
  
1,306,032
   
(374,233
)
  
931,799
 
Forwards
  
528,118
   
(296,785
)
  
231,333
 
 
            
Total Assets
  
1,834,150
   
(671,018
)
  
1,163,132
 
 
            
Liabilities
            
Futures
  
(374,233
)
  
374,233
   
–
 
Forwards
  
(296,785
)
  
296,785
   
–
 
 
            
Total Liabilities
  
(671,018
)
  
671,018
   
–
 
 
            
Unrealized currency loss
          
(2,388,713
)
 
            
Total net unrealized loss on open contracts
          
(1,225,581
)

Offsetting of Derivative Assets and Liabilities as of December 31, 2012:

 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 $  $  
$
 
Assets
 
  
  
 
Futures
  
799,204
   
(420,203
)
  
379,001
 
Forwards
  
1,179,980
   
(274,802
)
  
905,178
 
 
            
Total Assets
  
1,979,184
   
(695,005
)
  
1,284,179
 
 
            
Liabilities
            
Futures
  
(420,203
)
  
420,203
   
–
 
Forwards
  
(274,802
)
  
274,802
   
–
 
 
            
Total Liabilities
  
(695,005
)
  
695,005
   
–
 
 
            
Unrealized currency loss
          
(2,389,680
)
 
            
Net unrealized loss on
            
open contracts
          
(1,105,501
)
Schedule of Effect of Trading Activities on the Statements of Financial Condition
The effect of Trading Activities on the Statements of Financial Condition as of December 31, 2013 and 2012:

December 31, 2013

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 $  $  $  $  $  
 
Commodity
  
8,370
   
(210,864
)
  
205,290
   
(23,930
)
  
(21,134
)
  
662
 
Equity
  
968,426
   
–
   
5,650
   
(9,857
)
  
964,219
   
549
 
Foreign currency
  
73,963
   
(26,337
)
  
454,118
   
(270,448
)
  
231,296
   
5,227
 
Interest rate
  
41
   
(128,798
)
  
118,292
   
(784
)
  
(11,249
)
  
1,357
 
Total
  
1,050,800
   
(365,999
)
  
783,350
   
(305,019
)
  
1,163,132
     
Unrealized currency loss
                  
(2,388,713
)
    
Total net unrealized loss on open contracts
                  
(1,225,581
)
    

December 31, 2012

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 $  $  $  $  $  
 
Commodity
  
101,521
   
(62,923
)
  
147,045
   
(47,790
)
  
137,853
   
531
 
Equity
  
378,456
   
(157,913
)
  
–
   
(12,055
)
  
208,488
   
464
 
Foreign currency
  
142,465
   
(206,669
)
  
1,037,514
   
(68,152
)
  
905,158
   
4,815
 
Interest rate
  
172,068
   
(66,131
)
  
115
   
(73,372
)
  
32,680
   
2,003
 
Total
  
794,510
   
(493,636
)
  
1,184,674
   
(201,369
)
  
1,284,179
     
Unrealized currency loss
                  
(2,389,680
)
    
Total net unrealized loss on open contracts
                  
(1,105,501
)
    
Schedule of Effect of Trading Activities on the Statements of Income and Expenses
The following tables summarize the net trading results of each Partnership for the years ended December 31, 2013, 2012, and 2011, respectively.

Charter Campbell

The effect of Trading Activities on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011, included in Total Trading Results:

 
 
December 31
 
 
 
2013
  
2012
  
2011
 
Type of Instrument
 $  $  $ 
Commodity
  
1,883,702
   
(78,186
)
  
(4,324,493
)
Equity
  
5,768,347
   
1,698,887
   
(5,133,663
)
Foreign currency
  
1,007,270
   
588,805
   
(2,468,048
)
Interest rate
  
(1,753,108
)
  
2,058,201
   
12,229,439
 
Unrealized currency gain (loss)
  
965
   
3,072
   
(24,198
)
Proceeds from Litigation
  
–
   
–
   
80
 
Total
  
6,907,176
   
4,270,779
   
279,117
 

Line Items on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011:

 
 
December 31,
 
 
 
2013
  
2012
  
2011
 
Trading Results
 $  $  $ 
Net realized
  
7,027,256
   
5,466,229
   
320,492
 
Net change in unrealized
  
(120,080
)
  
(1,195,450
)
  
(41,455
)
Proceeds from Litigation
  
–
   
–
   
80
 
Total Trading Results
  
6,907,176
   
4,270,779
   
279,117
 
Morgan Stanley Smith Barney Charter Aspect L.P. [Member]
  
Derivative Instruments and Hedging Activities, Disclosures [Line Items]  
Offsetting Of Derivative Assets And Liabilities
Charter Aspect

Offsetting of Derivative Assets and Liabilities as of December 31, 2013:
 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 $  $  
$
 
Assets
 
  
  
 
Futures
  
2,359,953
   
(658,381
)
  
1,701,572
 
Forwards
  
461,172
   
(195,918
)
  
265,254
 
 
            
Total Assets
  
2,821,125
   
(854,299
)
  
1,966,826
 
 
            
Liabilities
            
Futures
  
(658,381
)
  
658,381
   
–
 
Forwards
  
(195,918
)
  
195,918
   
–
 
 
            
Total Liabilities
  
(854,299
)
  
854,299
   
–
 
 
            
Unrealized currency gain
          
857,065
 
 
            
Total net unrealized gain on
            
open contracts
          
2,823,891
 

Offsetting of Derivative Assets and Liabilities as of December 31, 2012:

 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 $  $  
$
 
Assets
 
  
  
 
Futures
  
1,817,113
   
(1,102,329
)
  
714,784
 
Forwards
  
634,871
   
(535,154
)
  
99,717
 
 
            
Total Assets
  
2,451,984
   
(1,637,483
)
  
814,501
 
 
            
Liabilities
            
Futures
  
(1,102,329
)
  
1,102,329
   
–
 
Forwards
  
(535,154
)   
535,154
 
  
–
 
 
            
Total Liabilities
  
(1,637,483
)   
1,637,483
 
  
–
 
 
            
Unrealized currency gain
          
802,973
 
 
            
Net unrealized gain on
            
open contracts
          
1,617,474
 
Schedule of Effect of Trading Activities on the Statements of Financial Condition
The effect of Trading Activities on the Statements of Financial Condition as of December 31, 2013 and 2012:

December 31, 2013

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 $  $  $  $  $  
 
Commodity
  
24,259
   
(230,790
)
  
546,456
   
(87,631
)
  
252,294
   
912
 
Equity
  
1,058,008
   
–
   
3,160
   
(11,420
)
  
1,049,748
   
550
 
Foreign currency
  
236,474
   
(170,191
)
  
239,390
   
(28,552
)
  
277,121
   
788
 
Interest rate
  
88,202
   
(271,802
)
  
625,176
   
(53,913
)
  
387,663
   
1,640
 
Total
  
1,406,943
   
(672,783
)
  
1,414,182
   
(181,516
)
  
1,966,826
     
Unrealized currency gain
                  
857,065
     
Total net unrealized gain on open contracts
                  
2,823,891
     
 
December 31, 2012

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 $  $  $  $  $  
 
Commodity
  
146,738
   
(309,360
)
  
497,636
   
(366,534
)
  
(31,520
)
  
858
 
Equity
  
731,889
   
(35,125
)
  
–
   
(7,075
)
  
689,689
   
592
 
Foreign currency
  
215,614
   
(357,045
)
  
448,109
   
(187,096
)
  
119,582
   
936
 
Interest rate
  
410,678
   
(367,000
)
  
1,320
   
(8,248
)
  
36,750
   
2,731
 
Total
  
1,504,919
   
(1,068,530
)
  
947,065
   
(568,953
)
  
814,501
     
Unrealized currency gain
                  
802,973
     
Total net unrealized gain on open contracts
                  
1,617,474
     
Schedule of Effect of Trading Activities on the Statements of Income and Expenses
Charter Aspect

The effect of Trading Activities on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011, included in Total Trading Results:

 
 
December 31,
 
 
 
2013
  
2012
  
2011
 
Type of Instrument
 $  $  $ 
Commodity
  
(1,148,405
)
  
(4,929,264
)
  
(2,318,060
)
Equity
  
5,160,541
   
(2,163,493
)
  
(2,222,271
)
Foreign currency
  
(890,623
)
  
(1,694,971
)
  
(280,415
)
Interest rate
  
(3,930,101
)
  
3,085,699
   
13,845,290
 
Unrealized currency gain (loss)
  
54,093
   
(45,631
)
  
139,004
 
Total
  
(754,495
)
  
(5,747,660
)
  
9,163,548
 

Line Items on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011:

 
 
December 31,
 
 
 
2013
  
2012
  
2011
 
Trading Results
 $  $  $ 
Net realized
  
(1,960,912
)
  
(4,389,057
)
  
12,254,509
 
Net change in unrealized
  
1,206,417
 
  
(1,358,603
)
  
(3,090,961
)
Total Trading Results
  
(754,495
)
  
(5,747,660
)
  
9,163,548
 
Morgan Stanley Smith Barney Charter WNT L.P. [Member]
  
Derivative Instruments and Hedging Activities, Disclosures [Line Items]  
Offsetting Of Derivative Assets And Liabilities
Charter WNT

Offsetting of Derivative Assets and Liabilities as of December 31, 2013:
 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 $  $  $ 
Assets
 
  
  
 
Futures
  
2,391,563
   
(576,554
)
  
1,815,009
 
Forwards
  
120,687
   
(106,402
)
  
14,285
 
 
            
Total Assets
  
2,512,250
   
(682,956
)
  
1,829,294
 
 
            
Liabilities
            
Futures
  
(576,554
)
  
576,554
   
–
 
Forwards
  
(106,402
)
  
106,402
   
–
 
 
            
Total Liabilities
  
(682,956
)
  
682,956
   
–
 
 
            
Unrealized currency loss
          
(37,574
)
 
            
Total net unrealized gain on
            
open contracts
          
1,791,720
 

Offsetting of Derivative Assets and Liabilities as of December 31, 2012:

 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statements of Financial
Condition
  
Net Amounts
Presented in the Statements of
Financial
Condition
 
 
 
$
  
$
  
$
 
Assets
 
  
  
 
Futures
  
1,843,698
   
(1,188,296
)
  
655,402
 
Forwards
  
134,205
   
(58,704
)
  
75,501
 
 
            
Total Assets
  
1,977,903
   
(1,247,000
)
  
730,903
 
 
            
Liabilities
            
Futures
  
(1,188,296
)
  
1,188,296
   
–
 
Forwards
  
(58,704
)
  
58,704
   
–
 
 
            
Total Liabilities
  
(1,247,000
)
  
1,247,000
   
–
 
 
            
Unrealized currency loss
          
(43,191
)
 
            
Net unrealized gain on
            
open contracts
          
687,712
 
 
Schedule of Effect of Trading Activities on the Statements of Financial Condition
The effect of Trading Activities on the Statements of Financial Condition as of December 31, 2013 and 2012:

December 31, 2013

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 
$
  $  $  $  $  
 
Commodity
  
68,217
   
(116,121
)
  
440,152
   
(51,851
)
  
340,397
   
375
 
Equity
  
1,314,348
   
(39
)
  
–
   
(150
)
  
1,314,159
   
469
 
Foreign currency
  
258,532
   
(114,574
)
  
295,620
   
(1,778
)
  
437,800
   
663
 
Interest rate
  
90,691
   
(389,730
)
  
44,690
   
(8,713
)
  
(263,062
)
  
1,087
 
Total
  
1,731,788
   
(620,464
)
  
780,462
   
(62,492
)
  
1,829,294
     
Unrealized currency loss
                  
(37,574
)
    
Total net unrealized gain on open contracts
                  
1,791,720
     

December 31, 2012

 Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
 
 
$
  
$
  
$
  
$
  
$
  
 
Commodity
  
31,952
   
(333,393
)
  
76,513
   
(259,084
)
  
(484,012
)
  
523
 
Equity
  
428,624
   
(226,638
)
  
–
   
(1,063
)
  
200,923
   
445
 
Foreign currency
  
260,280
   
(213,183
)
  
821,252
   
(41,892
)
  
826,457
   
736
 
Interest rate
  
359,182
   
(166,099
)
  
100
   
(5,648
)
  
187,535
   
2,409
 
Total
  
1,080,038
   
(939,313
)
  
897,865
   
(307,687
)
  
730,903
     
Unrealized currency loss
                  
(43,191
)
    
Total net unrealized gain on open contracts
                  
687,712
     

 
 
  
Average
Number of
Contracts
Outstanding
for the Year
(Absolute
Quantity)
 
Option Contracts at Fair Value
  
 
 
 
$
  
 
Options purchased
  
–
   
7
 
Options written
  
–
   
7
 
 
Schedule of Effect of Trading Activities on the Statements of Income and Expenses
Charter WNT

The effect of Trading Activities on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011, included in Total Trading Results:

 
 
December 31,
 
 
 
2013
  
2012
  
2011
 
Type of Instrument
 $  $  $ 
Commodity
  
1,183,467
   
(4,329,868
)
  
1,377,994
 
Equity
  
6,646,764
   
465,473
   
(1,384,478
)
Foreign currency
  
1,250,251
   
(2,691,759
)
  
167,453
 
Interest rate
  
(3,216,434
)
  
4,629,105
   
6,968,653
 
Unrealized currency gain (loss)
  
5,616
   
6,686
   
(37,121
)
Total
  
5,869,664
   
(1,920,363
)
  
7,092,501
 

Line Items on the Statements of Income and Expenses for the years ended December 31, 2013, 2012, and 2011:

 
 
December 31,
 
 
 
2013
  
2012
  
2011
 
Trading Results
 $  $  $ 
Net realized
  
4,765,656
   
(1,128,261
)
  
8,058,605
 
Net change in unrealized
  
1,104,008
   
(792,102
)
  
(966,104
)
Total Trading Results
  
5,869,664
   
(1,920,363
)
  
7,092,501