Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net loss allocated from investments in other funds:
Net realized (loss) gain on investments	$ (5,032,928)	$ (1,716,526)	$ 3,047,980	$ (1,171,485)
Net decrease in unrealized appreciation on investments	(2,094,083)	(3,304,523)	(4,303,576)	(4,452,029)
Net loss allocated from investments in other funds	(7,127,011)	(5,021,049)	(1,255,596)	(5,623,514)
Investment income:
Interest income	80,271	195,904	169,799	385,025
Expenses:
Brokerage fees	987,516	1,201,712	2,050,651	2,308,552
Advisory fees	797,302	980,774	1,654,089	1,892,299
Sponsor fees	398,651	490,388	827,045	946,150
Incentive allocation	0	15,153	0	14,461
Interest and other	4,051	24,997	20,568	29,303
Total expenses	2,187,520	2,713,024	4,552,353	5,190,765
Net investment loss allocated from investments in other funds	(2,107,249)	(2,517,120)	(4,382,554)	(4,805,740)
Net loss	$ (9,234,260)	$ (7,538,169)	$ (5,638,150)	$ (10,429,254)