CONTRACTS AND AGREEMENTS (Tables)

9 Months Ended

Sep. 30, 2015

Contracts and Agreements [Abstract]

Brokerage Commissions

UNL also incurs commissions to brokers for the purchase and sale of Natural Gas Futures Contracts, Other Natural Gas-Related Investments or short-term obligations of the United States of two years or less (“Treasuries”).

	For the nine			For the nine
	months ended			months ended
	September 30,			September 30,
	2015			2014
Total commissions accrued to brokers	$	4,822		$	2,522
Total commissions as an annualized percentage of average net assets		0.04	%		0.02	%
Commissions accrued as a result of rebalancing	$	3,593		$	1,150
Percentage of commissions accrued as a result of rebalancing		74.51	%		45.60	%
Commissions accrued as a result of creation and redemption activity	$	1,229		$	1,372
Percentage of commissions accrued as a result of creation and redemption activity		25.49	%		54.40	%