|
Statements of Operations (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
|
| Gain (loss) on trading of commodity futures contracts: | |||
| Realized gain (loss) on closed positions | $ 6,302,760 | $ (6,954,520) | $ 16,224,040 |
| Change in unrealized gain (loss) on open positions | 85,540 | (2,445,210) | (11,864,440) |
| Dividend income | 18,055 | 28,563 | 26,400 |
| Interest income | 6,576 | 9,817 | 7,926 |
| Other income | 8,050 | 12,950 | 30,300 |
| Total income (loss) | 6,420,981 | (9,348,400) | 4,424,226 |
| Expenses | |||
| General Partner management fees (Note 3) | 510,978 | 807,686 | 1,275,573 |
| Professional fees | 207,412 | 130,520 | 244,950 |
| Registration fees | 81,535 | 44,044 | 9,472 |
| Brokerage commissions | 9,848 | 21,804 | 27,427 |
| License fees | 12,774 | 20,192 | 49,913 |
| Directors' fees | 10,410 | 14,038 | 17,340 |
| Other expenses | 9,780 | 12,094 | 13,049 |
| Total expenses | 842,737 | 1,050,378 | 1,637,724 |
| Net income (loss) | $ 5,578,244 | $ (10,398,778) | $ 2,786,502 |
| Net income (loss) per limited partnership share | $ 3.02 | $ (3.65) | $ 0.55 |
| Net income (loss) per weighted average limited partnership share | $ 2.71 | $ (3.24) | $ 0.57 |
| Weighted average limited partnership shares outstanding | 2,061,096 | 3,205,464 | 4,893,699 |