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Derivatives and Hedging (Tables)
 9 Months Ended
Sep. 30, 2013
Derivatives and Hedging [Abstract]  
Offsetting Of Derivative Assets And Liabilities
The following tables summarize the valuation of the Partnership’s investments as of September 30, 2013 and December 31, 2012, respectively.

Offsetting of Derivative Assets and Liabilities as of September 30, 2013:

 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the
Statement of
Financial
Condition
  
Net Amounts
Presented in the
Statement of
Financial
Condition
 
 
$
$
$
Assets
            
Futures
  
4,185,155
   
(3,156,029
)
  
1,029,126
 
Forwards
  
824,186
   
(189,790
)
  
634,396
 
 
            
Total Assets
  
5,009,341
   
(3,345,819
)
  
1,663,522
 
 
            
Liabilities
            
Futures
  
2,006,805
   
(2,569,193
)
  
(562,388
)
Forwards
  
3,404
   
(302,620
)
  
(299,216
)
 
            
Total Liabilities
  
2,010,209
   
(2,871,813
)
  
(861,604
)
 
            
Unrealized currency loss
          
(624,412
)
 
            
Total net unrealized gain on open contracts
          
177,506
 

Offsetting of Derivative Assets and Liabilities as of December 31, 2012:
 
 
 
Gross Amounts
Recognized
  
Gross Amounts
Offset in the
Statement of
Financial
Condition
  
Net Amounts
Presented in the
Statement of
Financial
Condition
 
 
$
$
$
Assets
            
Futures
  
4,891,012
   
(2,689,281
)
  
2,201,731
 
Forwards
  
353,745
   
(479,152
)
  
(125,407
)
 
            
Total Assets
  
5,244,757
   
(3,168,433
)
  
2,076,324
 
 
            
Liabilities
            
Futures
  
2,985,462
   
(1,480,054
)
  
1,505,408
 
Forwards
  
265,987
   
(92,500
)
  
173,487
 
 
            
Total Liabilities
  
3,251,449
   
(1,572,554
)
  
1,678,895
 
 
            
Unrealized currency loss
          
(1,203,865
)
 
            
Net unrealized gain on open contracts
          
2,551,354
 
Schedule of Effect of Trading Activities on the Statements of Financial Condition
The Effect of Trading Activities on the Statements of Financial Condition as of September 30, 2013:

Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
number of
contracts
outstanding
for the nine
months
(absolute
quantity)
 
 
 
$
  
$
  
$
  
$
  
$
    
 
                 
     
Commodity
  
792,943
   
(1,693,971
)
  
1,817,733
   
(1,418,099
)
  
(501,394
)
  
4,032
 
Equity
  
275,859
   
(1,174,630
)
  
–
   
–
   
(898,771
)
  
1,722
 
Foreign currency
  
2,829,400
   
(388,370
)
  
192,448
   
(324,869
)
  
2,308,609
   
3,336
 
Interest rate
  
1,111,139
   
(88,848
)
  
28
   
(1,128,845
)
  
(106,526
)
  
5,727
 
Total
  
5,009,341
   
(3,345,819
)
  
2,010,209
   
(2,871,813
)
  
801,918
     
 
                        
Unrealized currency loss
                  
(624,412
)
    
Net unrealized gain on open contracts
                  
177,506
     

The Effect of Trading Activities on the Statements of Financial Condition as of December 31, 2012:

Futures and Forward Contracts
 
Long
Unrealized
Gain
  
Long
Unrealized
Loss
  
Short
Unrealized
Gain
  
Short
Unrealized
Loss
  
Net
Unrealized
Gain/(Loss)
  
Average
number of
contracts
outstanding
for the year
(absolute
quantity)
 
 
 
$
  
$
  
$
  
$
  
$
  
 
  
 
                 
     
Commodity
  
763,693
   
(1,021,268
)
  
1,051,860
   
(1,134,848
)
  
(340,563
)
  
4,025
 
Equity
  
1,842,840
   
(517,175
)
  
–
   
(36,283
)
  
1,289,382
   
1,915
 
Foreign currency
  
1,878,922
   
(1,022,609
)
  
2,196,364
   
(253,560
)
  
2,799,117
   
5,689
 
Interest rate
  
759,302
   
(607,381
)
  
3,225
   
(147,863
)
  
7,283
   
9,810
 
Total
  
5,244,757
   
(3,168,433
)
  
3,251,449
   
(1,572,554
)
  
3,755,219
     
 
                        
Unrealized currency loss
                  
(1,203,865
)
    
Net unrealized gain on open contracts
                  
2,551,354
     
Schedule of Effect of Trading Activities on the Statements of Income and Expenses
The following tables summarize the net trading results of the Partnership for the three and nine months ended September 30, 2013 and 2012, respectively.

The Effect of Trading Activities on the Statements of Income and Expenses for the Three and Nine Months Ended September 30, 2013 included in Total Trading Results:

 
 
For the Three Months
  
For the Nine Months
 
 
 
Ended September 30, 2013
  
Ended September 30, 2013
 
Type of Instrument
 
$
  
$
 
 
        
Commodity
  
(7,566,747
)
  
(5,995,332
)
Equity
  
858,668
   
10,312,031
 
Foreign currency
  
(953,057
)
  
(2,368,368
)
Interest rate
  
(1,263,761
)
  
(3,176,168
)
Unrealized currency gain
  
568,120
   
579,453
 
Total
  
(8.356,777
)
  
(648,384
)

Line Items on the Statements of Income and Expenses for the Three and Nine Months Ended September 30, 2013:
 
 
 
For the Three Months
  
For the Nine Months
 
 
 
Ended September 30, 2013
  
Ended September 30, 2013
 
Trading Results
 
$
  
$
 
 
        
Net realized
  
(3,781,720
)
  
1,725,464
 
Net change in unrealized
  
(4,575,057
)
  
(2,373,848
)
Total Trading Results
  
(8,356,777
)
  
(648,384
)

The Effect of Trading Activities on the Statements of Income and Expenses for the Three and Nine Months Ended September 30, 2012 included in Total Trading Results:

 
 
For the Three Months
  
For the Nine Months
 
 
 
Ended September 30, 2012
  
Ended September 30, 2012
 
Type of Instrument
 
$
  
$
 
 
        
Commodity
  
(1,395,944
)
  
2,027,073
 
Equity
  
788,371
   
3,850,137
 
Foreign currency
  
264,529
   
(5,570,086
)
Interest rate
  
346,896
   
6,400,961
 
Unrealized currency gain
  
53,155
   
134,821
 
Total
  
57,007
   
6,842,906
 

 
Line Items on the Statements of Income and Expenses for the Three and Nine Months Ended September 30, 2012:
 
 
 
For the Three Months
  
For the Nine Months
 
 
 
Ended September 30, 2012
  
Ended September 30, 2012
 
Trading Results
 
$
  
$
 
 
        
Net realized
  
1,327,550
   
14,755,603
 
Net change in unrealized
  
(1,270,543
)
  
(7,912,697
)
Total Trading Results
  
57,007
   
6,842,906