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CONTRACTS AND AGREEMENTS (Tables)
12 Months Ended
Dec. 31, 2017
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 Year Ended
December 31, 2017
 
 
For the Year Ended
December 31, 2016
 
 
For the Year Ended
December 31, 2015
 
Total commissions accrued to brokers
 
$
2,209
 
 
$
3,451
 
 
$
6,117
 
Total commissions as annualized percentage of average total net assets
 
 
0.02
%
 
 
0.03
%
 
 
0.04
%
Commissions accrued as a result of rebalancing
 
$
1,605
 
 
$
3,305
 
 
$
4,698
 
Percentage of commissions accrued as a result of rebalancing
 
 
72.66
%
 
 
95.77
%
 
 
76.80
%
Commissions accrued as a result of creation and redemption activity
 
$
604
 
 
$
146
 
 
$
1,419
 
Percentage of commissions accrued as a result of creation and redemption activity
 
 
27.34
%
 
 
4.23
%
 
 
23.20
%