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Financial Highlights (KW Fund III [Member])
 12 Months Ended
Dec. 31, 2011
KW Fund III [Member]
  
Financial Instruments Disclosure [Text Block]
-FINANCIAL HIGHLIGHTS
The Internal Rate of Return (IRR) since inception of the limited partners of the L.P. Partnership, net of all fees and profit allocations to the Special Limited Partner, is 10.80% (unaudited), 15.66%, and 24.81% (unaudited) from inception through December 31, 2011, 2010, and 2009, respectively.
The IRR since inception of the limited partner of the QP-A Partnership, net of all fees and profit allocations to the Special Limited Partner is 11.09% (unaudited), 16.37%, and 25.31% (unaudited) from inception through December 31, 2011, 2010, and 2009, respectively.
The IRR was computed based on the actual dates of the cash inflows (capital contributions), outflows (cash distributions), and the ending net assets at the end of the period (residual value) of the limited partners' capital accounts as of December 31, 2011.
The following details certain financial ratios of the Partnerships for the years ended December 31:
 
 
December 31,
 
 
2011
 
2010
 
2009
 
 
L.P. Partnership
 
QP-A Partnership
 
L.P. Partnership
 
QP-A Partnership
 
L.P. Partnership
 
QP-A Partnership
 
 
(Unaudited)
 
(Unaudited)
 
 
 
 
 
(Unaudited)
 
(Unaudited)
Ratio to average limited
     partners’ capital:
 
 
 
 
 
 
 
 
 
 
 
 
Net investment (loss) income
 
2.37
 %
 
2.38
 %
 
(0.34
)%
 
(0.35
)%
 
(0.02
)%
 
(0.02
)%
Total expenses
 
1.93
 %
 
1.94
 %
 
4.51
 %
 
4.69
 %
 
7.05
 %
 
7.18
 %
Incentive allocation
 
(0.05
)%
 
(0.05
)%
 
1.77
 %
 
1.84
 %
 
7.17
 %
 
9.16
 %
Total expenses and incentive
     allocation
 
1.88
 %
 
1.89
 %
 
6.28
 %
 
6.53
 %
 
14.22
 %
 
16.34
 %
The net investment income and total expense ratios (including incentive allocation) are calculated for the limited partners taken as a whole. The computation of such ratios, based on the amount of net investment income, expenses, and incentive allocation assessed to an individual investor, may vary from these ratios based on the timing of capital transactions. The above ratios are computed based upon the weighted average limited partners' capital of the Partnerships as measured at the end of each monthly accounting period for the years ended December 31, 2011, 2010, and 2009.