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Derivatives and Hedging (Tables)
 3 Months Ended
Mar. 31, 2014
Derivative Instruments and Hedging Activities, Disclosures [Line Items]  
Offsetting Of Derivative Assets And Liabilities
Offsetting of Derivative Assets and Liabilities as of March 31, 2014:
 
 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statement of Financial
Condition
  
Net Amounts
Presented in the Statement of
Financial
Condition
 
 
 
$
  
$
  
$
 
Assets
            
Futures
  
791,188
   
(414,991
)
  
376,197
 
Forwards
  
2,039,742
   
(2,015,353
)
  
24,389
 
 
            
Total Assets
  
2,830,930
   
(2,430,344
)
  
400,586
 
 
            
Liabilities
            
Futures
  
(414,991
)
  
414,991
   
–
 
Forwards
  
(2,015,353
)
  
2,015,353
   
–
 
 
            
Total Liabilities
  
(2,430,344
)
  
2,430,344
   
–
 
 
            
Unrealized currency loss
          
(2,385,873
)
 
            
Total net unrealized loss on open contracts
          
(1,985,287
)

Offsetting of Derivative Assets and Liabilities as of December 31, 2013:

 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the Statement of Financial
Condition
  
Net Amounts
Presented in the Statement 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
)
 
            
 
            
Net unrealized loss on open contracts
          
(1,225,581
)
 
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 March 31, 2014:

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 three months (absolute quantity)
 
 
 
$
  
$
  
$
  
$
  
  
$
 
Commodity
  
463,067
   
(174,288
)
  
84,607
   
(223,217
)
  
150,169
   
1,169
 
Equity
  
215,746
   
(78,691
)
  
24,443
   
(15,517
)
  
145,981
   
407
 
Foreign currency
  
1,493,296
   
(457,848
)
  
384,688
   
(1,262,317
)
  
157,819
   
603
 
Interest rate
  
127,961
   
(173,321
)
  
37,122
   
(45,145
)
  
(53,383
)
  
1,215
 
Total
  
2,300,070
   
(884,148
)
  
530,860
   
(1,546,196
)
  
400,586
     
 
                        
Unrealized currency loss
                  
(2,385,873
)
    
Total net unrealized loss on open contracts
                  
(1,985,287
)
    

The effect of Trading Activities on the Statements of Financial Condition as of 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
)
    
Net unrealized loss on open contracts
                  
(1,225,581
)
    
 
Schedule of Effect of Trading Activities on the Statements of Income and Expenses
The effect of Trading Activities on the Statements of Income and Expenses for the Quarter Ended March 31, 2014 included in Total Trading Results:


Type of Instrument
 
$
 
 
    
Commodity
  
(1,301,375
)
Equity
  
(1,628,839
)
Foreign currency
  
(513,000
)
Interest rate
  
155,047
 
Unrealized currency gain
  
2,840
 
Total
  
(3,285,327
)


Line items on the Statements of Income and Expenses for the Quarter Ended March 31, 2014:
Trading Results
 
$
 
 
    
Net realized
  
(2,525,621
)
Net change in unrealized
  
(759,706
)
Total Trading Results
  
(3,285,327
)

The effect of Trading Activities on the Statements of Income and Expenses for the Quarter Ended March 31, 2013 included in Total Trading Results:

Type of Instrument
 
$
 
 
    
Commodity
  
658,208
 
Equity
  
1,735,606
 
Foreign currency
  
1,723,625
 
Interest rate
  
(963,194
)
Unrealized currency loss
  
(22,141
)
Total
  
3,132,104
 

Line items on the Statements of Income and Expenses for the Quarter Ended March 31, 2013:
 
Trading Results
 
$
 
 
    
Net realized
  
3,377,941
 
Net change in unrealized
  
(245,837
)
Total Trading Results
  
3,132,104