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Consolidated Statements of Operations (Unaudited) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Net gain (loss) allocated from investment in Graham Alternative Investment Trading LLC:        
Net realized (loss) gain on investments $ 1,708,088 $ (4,168,908) $ 8,918,558 $ 3,135,751
Net decrease in unrealized appreciation on investments (1,892,398) (2,164,615) (2,228,403) (4,164,027)
Brokerage commissions and fees (136,664) 0 (306,118) 0
Net gain (loss) allocated from investments in Graham Alternative Investment Trading LLC (320,974) (6,333,523) 6,384,037 (1,028,276)
Investment income:        
Interest income 42,136 69,268 86,199 146,266
Expenses:        
Advisory fees 411,987 691,584 807,055 1,432,550
Sponsor fees 274,194 345,792 534,419 716,275
Brokerage fees 0 819,325 0 1,697,644
Professional fees and other 24,243 2,317 164,922 16,200
Administrator's fees 30,695 0 60,088 0
Total expenses 741,119 1,859,018 1,566,484 3,862,669
Net investment loss allocated from investment in Graham Alternative Investment Trading LLC (698,983) (1,789,750) (1,480,285) (3,716,403)
Net (loss) income $ (1,019,957) $ (8,123,273) $ 4,903,752 $ (4,744,679)