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Condensed Statements of Operations - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on closed contracts $ (696,645) $ 17,110 $ (5,095,785) $ 2,485,620
Change in unrealized gain (loss) on open contracts (1,179,075) (1,351,640) 2,579,334 (1,612,110)
Dividend income 740 726 2,180 2,074
Interest income 826 489 2,048 1,616
ETF transaction fees 1,050 0 5,600 4,200
Total income (loss) (1,873,104) (1,333,315) (2,506,623) 881,400
Expenses        
General Partner management fees (Note 3) 28,510 30,490 94,549 110,702
Professional fees 26,422 42,410 74,624 136,892
Brokerage commissions 1,078 641 4,822 2,522
Directors' fees and insurance 715 1,340 2,493 4,651
License fees 570 610 1,891 2,214
Total expenses 57,295 75,491 178,379 256,981
Expense waiver (Note 3) (23,085) (39,383) (64,848) (118,128)
Net expenses 34,210 36,108 113,531 138,853
Net income (loss) $ (1,907,314) $ (1,369,423) $ (2,620,154) $ 742,547
Net income (loss) per limited partnership share $ (1.54) $ (1.52) $ (2.41) $ (0.28)
Net income (loss) per weighted average limited partnership share $ (1.56) $ (1.52) $ (1.99) $ 0.72
Weighted average limited partnership shares outstanding 1,224,457 900,000 1,316,484 1,025,641