Consolidated Statements of Operations (Unaudited) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2012	Sep. 30, 2011	Sep. 30, 2012	Sep. 30, 2011
Net loss allocated from investments in other funds:
Net realized gain (loss) on investments	$ 1,358,182	$ (295,249)	$ 4,406,162	$ (1,466,734)
Net decrease in unrealized appreciation on investments	(1,585,489)	(856,701)	(5,889,065)	(5,308,730)
Net loss allocated from investments in other funds	(227,307)	(1,151,950)	(1,482,903)	(6,775,464)
Investment income:
Interest income	76,416	175,041	246,215	560,066
Expenses:
Brokerage fees	919,345	1,264,845	2,969,996	3,573,397
Advisory fees	748,197	1,028,087	2,402,286	2,920,386
Sponsor fees	374,098	514,044	1,201,143	1,460,194
Incentive allocation	0	0	0	14,461
Interest and other	16,035	26,071	36,603	55,374
Total expenses	2,057,675	2,833,047	6,610,028	8,023,812
Net investment loss allocated from investments in other funds	(1,981,259)	(2,658,006)	(6,363,813)	(7,463,746)
Net loss	$ (2,208,566)	$ (3,809,956)	$ (7,846,716)	$ (14,239,210)