Ceres Tactical Systematic (TDFF) 10-Q13 Nov 142014 Q3 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
Document and Entity Information	Sep. 30, 2014	Oct. 31, 2014
Document And Entity Information [Abstract]	'	'
Document Type	'10-Q	'
Amendment Flag	'false	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Trading Symbol	'TDFF	'
Entity Registrant Name	'TACTICAL DIVERSIFIED FUTURES FUND L.P.	'
Entity Central Index Key	'0001209709	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Non-accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	260,191.01

Statements_of_Financial_Condit

Statements of Financial Condition (USD $)	Sep. 30, 2014	Dec. 31, 2013
Assets:	'	'
Investment in Funds, at fair value	$253,934,451	$381,494,571
Cash	329,652	445,020
Total assets	254,264,103	381,939,591
Accrued expenses:	'	'
Ongoing selling agent fees	635,659	1,750,572
Management fees	267,339	410,796
Incentive fees	'	25,100
Other	237,172	236,287
Redemptions payable to General Partner	1,164,136	'
Redemptions payable to Limited Partners	10,634,923	14,140,272
Total liabilities	12,939,229	16,563,027
Partners' Capital:	'	'
General Partner, 2,835.6594 and 5,023.9634 unit equivalents outstanding at September 30, 2014 and December 31, 2013, respectively	2,519,354	4,522,974
Limited Partners, 268,787.6278 and 400,826.0368 Redeemable Units outstanding at September 30, 2014 and December 31, 2013, respectively	238,805,520	360,853,590
Total partners' capital	241,324,874	365,376,564
Total liabilities and partners' capital	$254,264,103	$381,939,591
Net asset value per unit	888.45	900.28

Statements_of_Financial_Condit1

Statements of Financial Condition (Parenthetical)	Sep. 30, 2014	Dec. 31, 2013
Statement of Financial Position [Abstract]	'	'
General Partner capital, units outstanding	2,835.66	5,023.96
Limited Partners capital, Redeemable units outstanding	268,787.63	400,826.04

Schedule_of_Investments

Schedule of Investments (USD $)	Sep. 30, 2014	Dec. 31, 2013
Schedule of Investments [Line Items]	'	'
Fair Value	$253,934,451	$381,494,571
% of Partners' Capital	105.23%	104.41%
CMF Drury Capital Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	'	22,182,367
% of Partners' Capital	'	6.07%
CMF Willowbridge Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	61,921,812	65,560,846
% of Partners' Capital	25.66%	17.94%
CMF Aspect Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	31,965,496	71,480,734
% of Partners' Capital	13.25%	19.56%
CMF Graham Capital Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	27,104,328	24,893,949
% of Partners' Capital	11.23%	6.81%
KR Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	13,471,040	30,264,961
% of Partners' Capital	5.58%	8.28%
CMF Altis Partners Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	43,799,110	71,413,502
% of Partners' Capital	18.15%	19.55%
JEM Master Fund L.P. [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	27,014,856	31,084,391
% of Partners' Capital	11.20%	8.51%
Morgan Stanley Smith Barney Boronia I, LLC [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	48,657,809	36,282,519
% of Partners' Capital	20.16%	9.93%
Morgan Stanley Smith Barney Kaiser I, LLC [Member]	'	'
Schedule of Investments [Line Items]	'	'
Fair Value	'	$28,331,302
% of Partners' Capital	0.00%	7.76%

Statements_of_Income_and_Expen

Statements of Income and Expenses and Changes in Partners' Capital (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Investment income:	'		'		'		'
Interest income from investment in Funds	$5,544		$13,885		$30,958		$82,974
Total investment income	5,544		13,885		30,958		82,974
Expenses:	'		'		'		'
Ongoing selling agent fees	1,951,856		5,862,486		8,895,160		19,033,895
Clearing fees allocated from Funds	638,011		728,192		2,042,111		2,030,546
Management fees	1,042,286		1,855,894		3,686,278		6,005,624
Incentive fees	1,108,784		41,227		1,375,148		1,462,129
Other	300,499		219,315		927,859		781,338
Total expenses	5,041,436		8,707,114		16,926,556		29,313,532
Net investment income (loss)	-5,035,892		-8,693,229		-16,895,598		-29,230,558
Net gains (losses) on trading of commodity interests and investment in Funds:	'		'		'		'
Net realized gains (losses) on investment in Funds	8,782,652		-1,864,088		5,823,846		17,125,060
Change in net unrealized gains (losses) on investment in Funds	6,642,903		-14,841,873		853,208		-7,130,512
Total trading results	15,425,555		-16,705,961		6,677,054		9,994,548
Net income (loss)	10,389,663		-25,399,190		-10,218,544		-19,236,010
Subscriptions - Limited Partners	139,437		2,474,000		2,432,437		7,620,153
Redemptions - Limited Partners	-42,073,076		-25,066,084		-114,351,544		-77,439,549
Redemptions - General Partner	-1,914,039		'		-1,914,039		-701,342
Net increase (decrease) in Partners' Capital	-33,458,015		-47,991,274		-124,051,690		-89,756,748
Partners' Capital, beginning of period	274,782,889		446,417,064		365,376,564		488,182,538
Partners' Capital, end of period	$241,324,874		$398,425,790		$241,324,874		$398,425,790
Net asset value per Unit (271,623.2872 and 450,433.7892 units outstanding in September 30, 2014 and 2013, respectively)	888.45		884.54		888.45		884.54
Net income (loss) per unit*	$37.76	[1]	($54.02)	[1]	($11.83)	[1]	($42.87)	[1]
Weighted average units outstanding	302,149.49		469,637.77		351,507.06		492,338.78

[1]	Based on change in net asset value per unit.

Statements_of_Income_and_Expen1

Statements of Income and Expenses and Changes in Partners' Capital (Parenthetical)	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'
Net asset value, units outstanding	271,623.29	450,433.79

General

General	9 Months Ended
General	Sep. 30, 2014
Accounting Policies [Abstract]	'
General	'
	1. General:
	Tactical Diversified Futures Fund L.P. (the “Partnership”) is a limited partnership organized under the partnership laws of the State of New York on December 3, 2002 to engage, directly or indirectly, in the speculative trading of a diversified portfolio of commodity interests including futures contracts, options, swaps and forward contracts. The sectors traded include currencies, energy, grains, indices, U.S. and non-U.S. interest rates, livestock, lumber, metals and softs. The commodity interests that are traded by the Partnership directly and through its investments in the Funds (as defined in Note 5 “Investment in Funds”) are volatile and involve a high degree of market risk.
	Between March 27, 2003 (commencement of the public offering period) and April 30, 2003, 36,616 redeemable units of limited partnership interest (“Redeemable Units”) were publicly offered at $1,000 per Redeemable Unit. The proceeds of the initial public offering were held in an escrow account until April 30, 2003, at which time they were turned over to the Partnership for trading. The Partnership was authorized to publicly offer 300,000 Redeemable Units during the initial public offering period. As of December 4, 2003, the Partnership was authorized to publicly offer an additional 700,000 Redeemable Units. As of October 7, 2004, the Partnership was authorized to publicly offer an additional 1,000,000 Redeemable Units. As of June 30, 2005, the Partnership was authorized to publicly offer the 2,000,000 Redeemable Units previously registered. The public offering of Redeemable Units terminated on November 30, 2008. The Partnership currently privately and continuously offers Redeemable Units to qualified investors. There is no maximum number of Redeemable Units that may be sold by the Partnership.
	Ceres Managed Futures LLC, a Delaware limited liability company, acts as the general partner (the “General Partner”) and commodity pool operator of the Partnership. The General Partner is wholly owned by Morgan Stanley Smith Barney Holdings LLC (“MSSB Holdings”). MSSB Holdings is ultimately owned by Morgan Stanley. Morgan Stanley is a publicly held company whose shares are listed on the New York Stock Exchange. Morgan Stanley is engaged in various financial services and other businesses. Prior to June 28, 2013, Morgan Stanley indirectly owned a majority equity interest in MSSB Holdings and Citigroup Inc. indirectly owned a minority equity interest in MSSB Holdings. Prior to July 31, 2009, the date as of which MSSB Holdings became its owner, the General Partner was wholly owned by Citigroup Financial Products Inc., a wholly owned subsidiary of Citigroup Global Markets Holdings Inc., the sole owner of which is Citigroup Inc.
	As of September 30, 2014, all trading decisions were made for the Partnership by Graham Capital Management, L.P., (“Graham”), Willowbridge Associates Inc. (“Willowbridge”), Aspect Capital Limited (“Aspect”), Krom River Trading AG and Krom River Investment Management (Cayman) Limited (collectively, “Krom River”), Altis Partners (Jersey) Limited (“Altis”), J E Moody & Company LLC (“J E Moody”) and Boronia Capital Pty. Ltd. (“Boronia”) (each an “Advisor” and collectively, the “Advisors”), each of which is a registered commodity trading advisor or exempt from registration. Drury Capital, Inc. (“Drury”) and Kaiser Trading Company Pty. Ltd. (“Kaiser”) were terminated as advisors to the Partnership as of June 30, 2014. References herein to “Advisors,” may include, as relevant, Drury and Kaiser. Each Advisor is allocated a portion of the Partnership’s assets to manage. The Partnership invests the portion of its assets allocated to each of the Advisors indirectly through investments in the Funds.
	During the nine months ended September 30, 2014, the Partnership’s/Funds’ commodity broker was Morgan Stanley & Co. LLC (“MS&Co.”) a registered futures commission merchant. During the prior periods included in this report, Citigroup Global Markets Inc. (“CGM”) also served as a commodity broker.
	During the third quarter of 2013, CMF Graham Capital Master Fund L.P. (“Graham Master”) entered into a futures brokerage account agreement and a foreign exchange brokerage account agreement with MS&Co. In the second quarter of 2013, CMF Aspect Master Fund L.P. (“Aspect Master”) and CMF Drury Capital Master Fund L.P. (“Drury Master”) also entered into a foreign exchange brokerage account agreement with MS&Co. Graham Master, Aspect Master and Drury Master commenced foreign exchange trading through accounts at MS&Co on or about May 1, 2013 and Graham Master commenced futures trading through an account at MS&Co on or about June 17, 2013. During the third quarter of 2013, Drury Master, CMF Willowbridge Master Fund L.P. (“Willowbridge Master”), Aspect Master, KR Master Fund L.P. (“KR Master”) and CMF Altis Partners Master Fund L.P. (“Altis Master”) entered into a futures brokerage account agreement with MS&Co. Dury Master, Willowbridge Master, Aspect Master, KR Master and Altis Master commenced futures trading through accounts at MS&Co on or about July 8, 2013, July 29, 2013, July 15, 2013, August 5, 2013 and July 29, 2013, respectively. JEM Master Fund L.P. (“JEM Master”) entered in a futures brokerage account agreement with MS&Co and commenced trading through an account at MS&Co on or about October 10, 2013. Morgan Stanley Smith Barney Boronia I, LLC and Morgan Stanley Smith Barney Kaiser I, LLC were and/or continue to be parties to a futures brokerage account agreement with MS&Co. Effective September 24, 2013, the Partnership entered into a futures brokerage account agreement with MS&Co. and began transferring the brokerage account of the Partnership from CGM to MS&Co. The Partnership, through its investment in the Funds, pays MS&Co. trading fees for the clearing and, where applicable, execution of transactions.
	Effective October 1, 2013, the Partnership ceased paying a brokerage fee to CGM and CGM ceased acting as a selling agent for the Partnership. Also effective October 1, 2013, the Partnership entered into a selling agreement with Morgan Stanley Smith Barney LLC (d/b/a Morgan Stanley Wealth Management). Pursuant to the selling agreement, Morgan Stanley Wealth Management received a selling agent fee equal to ¹/₁₂ of 5.5% (5.5% per year) of the Partnership’s month-end net assets. The selling agent fee received by Morgan Stanley Wealth Management will be shared with the properly registered/licensed financial advisers of Morgan Stanley Wealth Management who sell Redeemable Units.
	Effective April 1, 2014, the monthly ongoing selling agent fee was reduced from an annual rate of 5.5% to an annual rate of 3.0%.
	Effective April 1, 2014, the management fee paid to Graham was reduced from 2.0% per year to 1.75% per year.
	Effective October 1, 2014, the monthly ongoing selling agent fee was reduced from an annual rate of 3.0% to an annual rate of 2.0%. As of the same date, the Partnership began paying an administrative fee to the General Partner at an annual rate of 1.0%. The October 1, 2014 fee changes offset each other and, accordingly, there was no change to the aggregate fees incurred by the Partnership.
	Certain prior period amounts have been reclassified to conform to current period presentation. Amounts reported separately on the Statements of Income and Expenses and Changes in Partners’ Capital as ongoing selling agent fees and clearing fees were previously combined and presented as brokerage fees, including clearing fees.
	The General Partner and each limited partner share in the profits and losses of the Partnership in proportion to the amount of Partnership interest owned by each except that no limited partner shall be liable for obligations of the Partnership in excess of its capital contribution and profits, if any, net of distributions or losses, if any.
	The accompanying financial statements and accompanying notes are unaudited but, in the opinion of management, include all adjustments, consisting only of normal recurring adjustments, necessary for a fair statement of the Partnership’s financial condition at September 30, 2014 and December 31, 2013, and the results of its operations and changes in partners’ capital for the three and nine months ended September 30, 2014 and 2013. These financial statements present the results of interim periods and do not include all disclosures normally provided in annual financial statements. You should read these financial statements together with the financial statements and notes included in the Partnership’s annual report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2013.
	The preparation of financial statements and accompanying notes in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses, and related disclosures of contingent assets and liabilities in the financial statements and accompanying notes. As a result, actual results could differ from these estimates.
	Due to the nature of commodity trading, the results of operations for the interim periods presented should not be considered indicative of the results that may be expected for the entire year.

Financial_Highlights

Financial Highlights	9 Months Ended
Financial Highlights	Sep. 30, 2014
Text Block [Abstract]	'
Financial Highlights	'
	2. Financial Highlights:
	Changes in the net asset value per unit for the three and nine months ended September 30, 2014 and 2013 were as follows:


			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014			2013			2014			2013
	Net realized and unrealized gains (losses) *		$	45.98		$	(49.54	)	$	5.77		$	(26.31	)
	Interest income			0.02			0.03			0.1			0.16
	Expenses **			(8.24	)		(4.51	)		(17.70	)		(16.72	)

	Increase (decrease) for the period			37.76			(54.02	)		(11.83	)		(42.87	)
	Net asset value per unit, beginning of period			850.69			938.56			900.28			927.41

	Net asset value per unit, end of period		$	888.45		$	884.54		$	888.45		$	884.54


	*	Includes ongoing selling agent fees and clearing fees. Net realized and unrealized gains (losses) excluding ongoing selling agent fees and clearing fees for the three months ended September 30, 2014 and 2013 and for the nine months ended September 30, 2014 and 2013 were $54.55, $(35.51), $36.18 and $16.47, respectively.

	**	Excludes ongoing selling agent fees and clearing fees. Total expenses including ongoing selling agent fees and clearing fees for the three months ended September 30, 2014 and 2013 and for the nine months ended September 30, 2014 and 2013 were $(16.81), $(18.54), $(48.11) and $(59.50), respectively.


			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014			2013			2014			2013
	Ratios to average net assets:***
	Net investment income (loss)			(6.6	)%		(8.1	)%		(7.6	)%		(8.5	)%
	Incentive fees			0.4	%		0	%*****		0.5	%		0.3	%

	Net investment income (loss) before incentive fees****			(6.2	)%		(8.1	)%		(7.1	)%		(8.2	)%

	Operating expenses			6.2	%		8.1	%		7.1	%		8.2	%
	Incentive fees			0.4	%		0	%*****		0.5	%		0.3	%

	Total expenses			6.6	%		8.1	%		7.6	%		8.5	%


	Total return:
	Total return before incentive fees			4.9	%		(5.8	)%		(0.8	)%		(4.3	)%
	Incentive fees			(0.5	)%		0	%*****		(0.5	)%		(0.3	)%

	Total return after incentive fees			4.4	%		(5.8	)%		(1.3	)%		(4.6	)%


	***	Annualized (other than incentive fees).

	****	Interest income less total expenses.

	*****	Due to rounding.
	The above ratios may vary for individual investors based on the timing of capital transactions during the period. Additionally, these ratios are calculated for the limited partner class using the limited partners’ share of income, expenses and average net assets.

Trading_Activities

Trading Activities	9 Months Ended
Trading Activities	Sep. 30, 2014
Text Block [Abstract]	'
Trading Activities	'
	3. Trading Activities:
	The Partnership was formed for the purpose of trading contracts in a variety of commodity interests, including derivative financial instruments and derivative commodity instruments. However, the Partnership’s investments are in other funds which trade these instruments. The results of the Partnership’s trading activities resulting from its investments in the Funds are shown in the Statements of Income and Expenses and Changes in Partners’ Capital.
	The customer agreement among the Partnership, the Funds and MS&Co. gives, and the Customer Agreements between the Partnership and CGM and each of the Funds and CGM gave, the Partnership and the Funds the legal right to net unrealized gains and losses on open futures contracts and open forward contracts. The Partnership and the Funds net, for financial reporting purposes, the unrealized gains and losses on open futures and open forward contracts on the Statements of Financial Condition as the criteria under Accounting Standards Codification (“ASC”) 210-20, “Balance Sheet,” have been met.
	All of the commodity interests owned by the Partnership are held for trading purposes.
	Brokerage fees previously paid to CGM were calculated as a percentage of the Partnership’s adjusted net asset value on the last day of each month and were affected by trading performance, subscriptions and redemptions.
	Trading and transaction fees are based on the number of trades executed by the Advisors and the Partnership’s ownership of the Funds.

Fair_Value_Measurements

Fair Value Measurements	9 Months Ended
Fair Value Measurements	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Fair Value Measurements	'
	4. Fair Value Measurements:
	Partnership’s and the Funds’ Investments. All commodity interests held by the Partnership and the Funds, including derivative financial instruments and derivative commodity instruments, are held for trading purposes. The commodity interests are recorded on trade date and open contracts are recorded at fair value (as described below) at the measurement date. Investments in commodity interests denominated in foreign currencies are translated into U.S. dollars at the exchange rates prevailing at the measurement date. Gains or losses are realized when contracts are liquidated. Unrealized gains or losses on open contracts are included as a component of equity in trading account on the Statements of Financial Condition. Net realized gains or losses and any change in net unrealized gains or losses from the preceding period are reported in the Statements of Income and Expenses and Changes in Partners’ Capital.
	Partnership’s and the Funds’ Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to fair values derived from unobservable inputs (Level 3). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. Management has concluded that based on available information in the marketplace, the Funds’ Level 1 assets and liabilities are actively traded.
	GAAP also requires the use of judgment in determining if a formerly active market has become inactive and in determining fair values when the market has become inactive. Management has concluded that based on available information in the marketplace, there has not been a significant decrease in the volume and level of activity in the Partnership’s and the Funds’ Level 2 assets and liabilities.
	The Partnership and the Funds will separately present purchases, sales, issuances and settlements in their reconciliation of Level 3 fair value measurements (i.e., to present such items on a gross basis rather than on a net basis), and make disclosures regarding the level of disaggregation as well as the inputs and valuation techniques used to measure fair value for measurements that fall within either Level 2 or Level 3 of the fair value hierarchy as required under GAAP.
	On October 1, 2012, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2012-04 “Technical Corrections and Improvements,” which makes minor technical corrections and clarifications to ASC 820, “Fair Value Measurements and Disclosures”. When the FASB issued Statement 157 (codified in ASC 820), it conformed the use of the term “fair value” in certain pre-Codification standards but not others. ASU 2012-04 conforms the term’s use throughout the ASC “to fully reflect the fair value measurement and disclosure requirements” of ASC 820. ASU 2012-04 also amends the requirements that must be met for an investment company to qualify for the exemption from presenting a statement of cash flows. Specifically, it eliminates the requirements that substantially all of an entity’s investments be carried at “market value” and that the investments be highly liquid. Instead, it requires substantially all of the entity’s investments to be carried at “fair value” and classified as Level 1 or Level 2 measurements under ASC 820.
	The Partnership and the Funds consider prices for exchange-traded commodity futures, forwards, swaps and options contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of non-exchange-traded forwards, swaps and certain options contracts for which market quotations are not readily available are priced by broker-dealers who derive fair values for those assets and liabilities from observable inputs (Level 2). Investments in funds (other commodity pools) with no rights or obligations inherent within the ownership interest held by the Partnership are priced based on the end of the day net asset value (Level 2). The value of the Partnership’s investments in the Funds reflects its proportional interest in the Funds. As of and for the periods ended September 30, 2014 and December 31, 2013, the Partnership and the Funds did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of management’s assumptions and internal valuation pricing models (Level 3). For the nine months ended September 30, 2014 and the year ended December 31, 2013, there were no transfers of assets and liabilities between Level 1 and Level 2.

		30-Sep-14		Quoted Prices in		Significant Other		Significant
				Active Markets		Observable Inputs		Unobservable
				for Identical		(Level 2)		Inputs (Level 3)
				Assets and
				Liabilities
				(Level 1)
	Assets
	Investment in funds	$	253,934,451	$	—	$	253,934,451	$	—

	Net fair value	$	253,934,451	$	—	$	253,934,451	$	—



		December 31, 2013		Quoted Prices in		Significant Other		Significant
				Active markets		Observable Inputs		Unobservable
				for Identical		(Level 2)		Inputs (Level 3)
				Assets and
				Liabilities
				(Level 1)
	Assets
	Investment in funds	$	381,494,571	$	—	$	381,494,571	$	—

	Net fair value	$	381,494,571	$	—	$	381,494,571	$	—

Investment_in_Funds

Investment in Funds	9 Months Ended
	Sep. 30, 2014
Text Block [Abstract]	'
Investment in Funds	'
	5. Investment in Funds:
	On March 1, 2005, the assets allocated to Aspect for trading were invested in the CMF Aspect Master Fund L.P. (“Aspect Master”), a limited partnership organized under the partnership laws of the State of New York. The Partnership purchased 131,340.8450 units of Aspect Master with cash equal to $122,786,448 and a contribution of open commodity futures and forward contracts with a fair value of $8,554,397. Aspect Master permits accounts managed by Aspect using its Diversified Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the general partner of Aspect Master. Individual and pooled accounts currently managed by Aspect, including the Partnership, are permitted to be limited partners of Aspect Master. The General Partner and Aspect believe that trading through this structure should promote efficiency and economy in the trading process.
	On July 1, 2005, the assets allocated to Willowbridge for trading were invested in the CMF Willowbridge Master Fund L.P. (formerly CMF Willowbridge Argo Master Fund L.P.) (“Willowbridge Master”), a limited partnership organized under the partnership laws of the State of New York. The Partnership purchased 95,795.8082 units of Willowbridge Master with cash equal to $85,442,868 and a contribution of open commodity futures and forward contracts with a fair value of $10,352,940. Willowbridge Master permits accounts managed by Willowbridge using its wPraxis Futures Trading Approach, a proprietary, discretionary trading system, to invest together in one trading vehicle. The General Partner is also the general partner of Willowbridge Master. Individual and pooled accounts currently managed by Willowbridge, including the Partnership, are permitted to be limited partners of Willowbridge Master. The General Partner and Willowbridge believe that trading through this structure should promote efficiency and economy in the trading process. The General Partner and Willowbridge have agreed that Willowbridge will trade the assets allocated to Willowbridge at a level up to 3 times the amount of assets allocated. Prior to January 1, 2013, Willowbridge traded the Partnership’s assets pursuant to its Argo Trading System.
	On August 1, 2005, the assets allocated to Drury for trading were invested in the CMF Drury Capital Master Fund L.P. (“Drury Master”), a limited partnership organized under the partnership laws of the State of New York. The Partnership purchased 120,720.7387 units of Drury Master with cash equal to $117,943,206 and a contribution of open commodity futures and forward contracts with a fair value of $2,777,533. Drury Master permits accounts managed by Drury using its Diversified Trend-Following Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The Partnership fully redeemed its investment in Drury Master on June 30, 2014 for cash equal to $11,948,245.

	On June 1, 2006, the assets allocated to Graham for trading were invested in the CMF Graham Capital Master Fund L.P. (“Graham Master”), a limited partnership organized under the partnership laws of the State of New York. The Partnership purchased 101,486.0491 units of Graham Master with cash equal to $103,008,482. Graham Master permits accounts managed by Graham using its K4D-15V Program, a proprietary, systematic trading program, to invest together in one trading vehicle. The General Partner is also the general partner of Graham Master. Individual and pooled accounts currently managed by Graham, including the Partnership, are permitted to be limited partners of Graham Master. The General Partner and Graham believe that trading through this structure should promote efficiency and economy in the trading process.
	On May 1, 2011, the assets allocated to Krom River for trading were invested in the KR Master Fund L.P. (“KR Master”), a limited partnership organized under the partnership laws of the State of Delaware. The Partnership purchased an interest in KR Master with cash equal to $65,000,000. KR Master permits accounts managed by Krom River using the Krom River Commodity Program, a proprietary, discretionary system which will be traded both on a fundamental and technical basis, to invest together in one trading vehicle. The General Partner is also the general partner of KR Master. Individual and pooled accounts currently managed by Krom River, including the Partnership, are permitted to be limited partners of KR Master. The General Partner and Krom River believe that trading through this structure should promote efficiency and economy in the trading process. The General Partner and Krom River agreed that Krom River will trade the Partnership’s assets allocated to Krom River at a level up to 1.5 times the amount of assets allocated.
	On May 1, 2011, the assets allocated to Altis for trading were invested in the CMF Altis Partners Master Fund L.P. (“Altis Master”), a limited partnership organized under the partnership laws of the State of New York. The Partnership purchased 21,851.9469 units of Altis Master with cash equal to $70,000,000. Altis Master permits accounts managed by Altis using its Global Futures Portfolio trading system, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the general partner of Altis Master. Individual and pooled accounts currently managed by Altis, including the Partnership, are permitted to be limited partners of Altis Master. The General Partner and Altis believe that trading through this structure should promote efficiency and economy in the trading process.
	On January 1, 2013, the assets allocated to Boronia for trading were invested in the Morgan Stanley Smith Barney Boronia I, LLC (“Boronia I, LLC” or the “Boronia Trading Company”), a limited liability company organized under the partnership laws of the State of Delaware. The Partnership purchased an interest in Boronia I, LLC with cash equal to $36,000,000. Boronia I, LLC permits accounts managed by Boronia using the Boronia Diversified Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner is also the manager of Boronia I, LLC. Individual and pooled accounts currently managed by Boronia, including the Partnership, are permitted to be members of Boronia I, LLC. The General Partner and Boronia believe that trading through this structure should promote efficiency and economy in the trading process. The General Partner and Boronia agreed that Boronia will trade the Partnership’s assets allocated to Boronia at a level up to 1.5 times the amount of assets allocated.
	On January 1, 2013, the assets allocated to Kaiser for trading were invested in the Morgan Stanley Smith Barney Kaiser I, LLC (“Kaiser I, LLC” or the “Kaiser Trading Company”), a limited liability company organized under the partnership laws of the State of Delaware. The Partnership purchased an interest in Kaiser I, LLC with cash equal to $30,000,000. Kaiser I, LLC permits accounts managed by Kaiser using the Global Diversified Trading Program, a proprietary, systematic trading system, to invest together in one trading vehicle. The General Partner and Kaiser agreed that Kaiser would trade the Partnership’s assets allocated to Kaiser at a level up to 2 times the amount of assets allocated. The Partnership fully redeemed its investment in Kaiser Trading Company on June 30, 2014 for cash equal to $29,367,227.
	On August 1, 2013, the assets allocated to J E Moody for trading were invested in JEM Master Fund L.P. (“JEM Master”), a limited partnership organized under the partnership laws of the State of Delaware. The Partnership purchased 11,968.0895 units of JEM Master with cash equal to $15,820,000. JEM Master permits accounts managed by J E Moody using the JEM Commodity Relative Value Program, a proprietary, systematic trading program, to invest together in one trading vehicle. The General Partner is also the general partner of JEM Master. Individual and pooled accounts currently managed by J E Moody, including the Partnership, are permitted to be limited partners of JEM Master. The General Partner and J E Moody believe that trading through this structure should promote efficiency and economy in the trading process. The General Partner and JE Moody agreed that JE Moody will trade the Partnership’s assets allocated to JE Moody at a level that is up to 3 times the amount of assets allocated.

	The General Partner is not aware of any material changes to the trading programs discussed above during the fiscal quarter ended September 30, 2014.
	Aspect Master’s, Willowbridge Master’s, Graham Master’s, Altis Master’s, KR Master’s, JEM Master’s and Boronia I, LLC’s (collectively, the “Funds”) trading of futures, forwards and options contracts, if applicable, on commodities is done primarily on U.S. commodity exchanges and foreign commodity exchanges. References herein to “Funds” may also include, as applicable, Drury Master and Kaiser I, LLC. During the nine months ended September 30, 2014, the Funds engaged in such trading through commodity brokerage accounts maintained with MS&Co. During prior periods included in this report, certain of the Funds also engaged in such trading through commodity brokerage accounts maintained with CGM.
	A limited partner/member of the Funds may withdraw all or part of its capital contribution and undistributed profits, if any, from the Funds as of the end of any day (the “Redemption Date”) after a request for redemption has been made to the General Partner/manager at least 3 days in advance of the Redemption Date. Such withdrawals are classified as a liability when the limited partner elects to redeem and informs the Funds.
	Management and incentive fees are charged at the Partnership level, with the exception of Boronia I, LLC and Kaiser I, LLC (prior to its redemption on June 30, 2014) (together the “Trading Companies”), where the Partnership paid, indirectly, its pro rata portion of the management and incentive fees of the Trading Companies. All trading, exchange, clearing, user, give-up, floor brokerage and National Futures Association fees (collectively the “clearing fees”) are borne by the Funds and allocated to their limited partners/members including the Partnership. All other fees are charged at the Partnership level.
	As of September 30, 2014, the Partnership owned approximately 52.4% of Willowbridge Master, 56.6% of Aspect Master, 49.8% of Graham Master, 76.6% of KR Master, 70.4% of Altis Master, 71.6% of JEM Master and 52.2% of Boronia I, LLC. LLC. As of December 31, 2013, the Partnership owned approximately 90.0% of Drury Master, 69.3% of Willowbridge Master, 69.9% of Aspect Master, 41.5% of Graham Master, 71.1% of KR Master, 77.5% of Altis Master, 69.9% of JEM Master, 55.7% of Boronia I, LLC and 54.8% of Kaiser I, LLC. It is the Partnership’s intention to continue to invest in the Funds. The performance of the Partnership is directly affected by the performance of the Funds. Expenses to investors as a result of investment in the Funds are approximately the same and the redemption rights are not affected.
	Summarized information reflecting the total assets, liabilities and capital for the Funds is shown in the following tables.


			30-Sep-14
			Total Assets				Total Liabilities				Total Capital
	Willowbridge Master		$	118,333,859			$	180,327			$	118,153,532
	Aspect Master			57,012,498				582,943				56,429,555
	Graham Master			54,426,497				23,862				54,402,635
	KR Master			17,814,376				231,382				17,582,994
	Altis Master			62,268,290				32,765				62,235,525
	JEM Master			37,771,150				32,535				37,738,615
	Boronia I, LLC			95,613,078				2,328,040				93,285,038

			31-Dec-13
			Total Assets				Total Liabilities				Total Capital
	Drury Master		$	24,999,558			$	345,693			$	24,653,865
	Willowbridge Master			95,699,725				7,316,065				88,383,660
	Aspect Master			102,342,493				31,944				102,310,549
	Graham Master			59,948,792				2,996,936				56,951,856
	KR Master			44,043,845				1,456,785				42,587,060
	Altis Master			93,798,364				1,680,201				92,118,163
	JEM Master			44,509,274				32,554				44,476,720
	Boronia I, LLC			66,134,764				914,259				65,220,505
	Kaiser I, LLC			52,158,601				439,951				51,718,650
	Summarized information reflecting the net investment income (loss), total trading results and net income (loss) for the Funds is shown in the following tables.


			For the three months ended September 30, 2014
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Willowbridge Master		$	(166,398	)		$	3,692,929			$	3,526,531
	Aspect Master			(73,201	)			3,932,169				3,858,968
	Graham Master			(60,034	)			4,158,083				4,098,049
	KR Master			(35,293	)			339,818				304,525
	Altis Master			(91,952	)			4,221,875				4,129,923
	JEM Master			(225,547	)			331,225				105,678
	Boronia I, LLC			(3,213,470	)			11,747,109				8,533,639

			For the nine months ended September 30, 2014
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Drury Master		$	(89,782	)		$	(1,655,418	)		$	(1,745,200	)
	Willowbridge Master			(379,676	)			2,654,368				2,274,692
	Aspect Master			(207,332	)			3,350,986				3,143,654
	Graham Master			(174,742	)			2,662,483				2,487,741
	KR Master			(125,271	)			1,438,550				1,313,279
Altis Master			(265,430	)			973,102				707,672
JEM Master			(773,522	)			(3,409,281	)			(4,182,803	)
Boronia I, LLC			(5,320,505	)			15,863,418				10,542,913
Kaiser I, LLC			(868,868	)			(5,469,979	)			(6,338,847	)

		For the three months ended September 30, 2013
		Net Investment				Total Trading				Net Income (Loss)
		Income (Loss)				Results
Drury Master		$	(71,154	)		$	(947,842	)		$	(1,018,996	)
Willowbridge Master			(168,584	)			(3,203,058	)			(3,371,642	)
Aspect Master			(66,230	)			(7,692,184	)			(7,758,414	)
Graham Master			(47,611	)			2,254,670				2,207,059
KR Master			(71,980	)			(404,809	)			(476,789	)
Altis Master			(131,613	)			(11,456,410	)			(11,588,023	)
JEM Master			(266,418	)			3,946,878				3,680,460
Boronia I, LLC			(811,380	)			646,728				(164,652	)
Kaiser I, LLC			(454,779	)			(613,975	)			(1,068,754	)

		For the nine months ended September 30, 2013
		Net Investment				Total Trading				Net Income (Loss)
		Income (Loss)				Results
Drury Master		$	(203,738	)		$	7,254,881			$	7,051,143
Willowbridge Master			(409,377	)			9,714,029				9,304,652
Aspect Master			(226,589	)			(6,483,182	)			(6,709,771	)
Graham Master			(188,406	)			6,025,178				5,836,772
KR Master			(235,574	)			(4,932,402	)			(5,167,976	)
Altis Master			(431,383	)			(3,562,943	)			(3,994,326	)
JEM Master			(958,201	)			4,775,028				3,816,827
Boronia I, LLC			(3,220,183	)			7,664,761				4,444,578
Kaiser I, LLC			(2,368,666	)			5,929,623				3,560,957

Summarized information reflecting the Partnership’s investment in, and the operations of, the Funds is shown in the following tables.



		30-Sep-14								For the three months ended September 30, 2014
		% of												Expenses								Net
																						Income
Funds		Partnership’s				Fair				Income				Clearing Fees		Other		Management		Incentive		(Loss)			Investment	Redemptions
		Net				Value				(Loss)				allocated				Fee		Fee					Objective	Permitted
		Assets												from Funds
Willowbridge Master			25.66	%			61,921,812			$	1,666,146			$	86,981	$	21,799	$	—	$	—		1,557,366		Commodity		Monthly
																									Portfolio
Aspect Master			13.25	%			31,965,496				2,277,625				21,348		23,318		—		—		2,232,959		Commodity		Monthly
																									Portfolio
Graham Master			11.23	%			27,104,328				2,009,860				18,773		11,857		—		—		1,979,230		Commodity		Monthly
																									Portfolio
KR Master			5.58	%			13,471,040				262,314				10,995		21,312		—		—		230,007		Commodity		Monthly
																									Portfolio
Altis Master			18.15	%			43,799,110				2,868,302				42,130		25,320		—		—		2,800,852		Commodity		Monthly
																									Portfolio
JEM Master			11.2	%			27,014,856				232,735				138,259		22,792		—		—		71,684		Commodity		Monthly
																									Portfolio
Boronia Trading Company			20.16	%			48,657,809				6,114,117				319,525		39,432		211,240		1,108,784		4,435,136		Commodity		Monthly
																									Portfolio

Total						$	253,934,451			$	15,431,099			$	638,011	$	165,830	$	211,240	$	1,108,784	$	13,307,234



		30-Sep-14								For the nine months ended September 30, 2014
		% of												Expenses								Net
																						Income
Funds		Partnership’s				Fair				Income				Clearing Fees		Other		Management		Incentive		(Loss)			Investment	Redemptions
		Net				Value				(Loss)				allocated				Fee		Fee					Objective	Permitted
		Assets												from Funds
Drury Master			0	%		$	—			$	(1,532,410	)		$	30,208	$	49,587	$	—	$	—		(1,612,205	)	Commodity		Monthly
																									Portfolio
Willowbridge Master			25.66	%			61,921,812				864,803				217,181		54,285		—		—		593,337		Commodity		Monthly
																									Portfolio
Aspect Master			13.25	%			31,965,496				1,771,094				84,487		55,840		—		—		1,630,767		Commodity		Monthly
																									Portfolio
Graham Master			11.23	%			27,104,328				1,370,648				47,704		35,781		—		—		1,287,163		Commodity		Monthly
																									Portfolio
KR Master			5.58	%			13,471,040				1,039,067				58,328		53,580		—		—		927,159		Commodity		Monthly
																									Portfolio
Altis Master			18.15	%			43,799,110				239,239				150,745		54,530		—		—		33,964		Commodity		Monthly
																									Portfolio
JEM Master			11.2	%			27,014,856				(2,377,567	)			491,817		54,268		—		—		(2,923,652	)	Commodity		Monthly
																									Portfolio
Boronia Trading Company			20.16	%			48,657,809				8,299,887				803,655		98,947		530,073		1,375,148		5,492,064		Commodity		Monthly
																									Portfolio
Kaiser Trading Company			0	%			—				(2,966,749	)			157,986		49,710		284,057		—		(3,458,502	)	Commodity		Monthly
																									Portfolio

Total						$	253,934,451			$	6,708,012			$	2,042,111	$	506,528	$	814,130	$	1,375,148	$	1,970,095



		31-Dec-13								For the three months ended September 30, 2013
		% of												Expenses								Net
																						Income
Funds		Partnership’s				Fair				Income				Clearing Fees		Other		Management		Incentive		(Loss)			Investment	Redemptions
		Net				Value				(Loss)				allocated				Fee		Fee					Objective	Permitted
		Assets												from Funds
Drury Master			6.07	%		$	22,182,367			$	(865,630	)		$	39,052	$	28,698	$	—	$	—	$	(933,380	)	Commodity		Monthly
																									Portfolio
Willowbridge Master			17.94	%			65,560,846				(2,214,783	)			105,862		13,490		—		—		(2,334,135	)	Commodity		Monthly
																									Portfolio
Aspect Master			19.56	%			71,480,734				(5,629,553	)			41,753		10,008		—		—		(5,681,314	)	Commodity		Monthly
																									Portfolio
Graham Master			6.81	%			24,893,949				924,515				14,700		5,673		—		—		904,142		Commodity		Monthly
																									Portfolio
KR Master			8.28	%			30,264,961				(305,996	)			49,497		17,459		—		—		(372,952	)	Commodity		Monthly
																									Portfolio
Altis Master			19.55	%			71,413,502				(9,102,286	)			97,312		10,534		—		—		(9,210,132	)	Commodity		Monthly
																									Portfolio
JEM Master			8.51	%			31,084,391				471,816				56,699		3,618		—		—		411,499		Commodity		Monthly
																									Portfolio
Boronia Trading Company			9.93	%			36,282,519				364,806				237,366		29,876		191,749		—		(94,185	)	Commodity		Monthly
																									Portfolio
Kaiser Trading Company			7.76	%			28,331,302				(334,965	)			85,951		24,962		142,637		196		(588,711	)	Commodity		Monthly
																									Portfolio

Total						$	381,494,571			$	(16,692,076	)		$	728,192	$	144,318	$	334,386	$	196	$	(17,899,168	)



		31-Dec-13								For the nine months ended September 30, 2013
		% of												Expenses								Net
																						Income
Funds		Partnership’s				Fair Value				Income				Clearing Fees		Other		Management		Incentive		(Loss)			Investment	Redemptions
		Net								(Loss)				allocated				Fee		Fee					Objective	Permitted
		Assets												from Funds
Drury Master			6.07	%		$	22,182,367			$	5,780,885			$	130,465	$	60,679	$	—	$	—	$	5,589,741		Commodity		Monthly
																									Portfolio
Willowbridge Master			17.94	%			65,560,846				4,924,427				214,545		44,274		—		—		4,665,608		Commodity		Monthly
																									Portfolio
Aspect Master			19.56	%			71,480,734				(4,743,975	)			141,332		42,064		—		—		(4,927,371	)	Commodity		Monthly
																									Portfolio
Graham Master			6.81	%			24,893,949				3,236,033				69,313		23,582		—		—		3,143,138		Commodity		Monthly
																									Portfolio
KR Master			8.28	%			30,264,961				(4,018,761	)			182,000		51,584		—		—		(4,252,345	)	Commodity		Monthly
																									Portfolio
Altis Master			19.55	%			71,413,502				(3,108,552	)			304,917		46,798		—		—		(3,460,267	)	Commodity		Monthly
																									Portfolio
JEM Master			8.51	%			31,084,391				471,816				56,699		3,618		—		—		411,499		Commodity		Monthly
																									Portfolio
Boronia Trading Company			9.93	%			36,282,519				4,238,171				721,097		91,683		522,861		599,886		2,302,644		Commodity		Monthly
																									Portfolio
Kaiser Trading Company			7.76	%			28,331,302				3,297,478				210,178		77,347		441,494		631,591		1,936,868		Commodity		Monthly
																									Portfolio

Total						$	381,494,571			$	10,077,522			$	2,030,546	$	441,629	$	964,355	$	1,231,477	$	5,409,515

Financial_Instrument_Risks

Financial Instrument Risks	9 Months Ended
Financial Instrument Risks	Sep. 30, 2014
Investments, All Other Investments [Abstract]	'
Financial Instrument Risks	'
	6. Financial Instrument Risks:
	In the normal course of business, the Partnership, through its investments in the Funds, is a party to financial instruments with off-balance sheet risk, including derivative financial instruments and derivative commodity instruments. These financial instruments may include forwards, futures, options and swaps, whose values are based upon an underlying asset, index or reference rate, and generally represent future commitments to exchange currencies or cash balances, to purchase or sell other financial instruments on specific terms at specified future dates, or, in the case of derivative commodity instruments, to have a reasonable possibility to be settled in cash, through physical delivery or with another financial instrument. These instruments may be traded on an exchange, a swap execution facility or over-the-counter (“OTC”). Exchange-traded instruments include futures and certain standardized forwards, option and swap contracts. Certain swap contracts may also be traded on a swap execution facility or OTC. OTC contracts are negotiated between contracting parties and also include certain forward and option contracts. Specific market movements of commodities or futures contracts underlying an option cannot accurately be predicted. The purchaser of an option may lose the entire premium paid for the option. The writer or seller of an option has unlimited risk. Each of these instruments is subject to various risks similar to those related to the underlying financial instruments, including market and credit risk. In general, the risks associated with OTC contracts are greater than those associated with exchange-traded instruments because of the greater risk of default by the counterparty to an OTC contract. The General Partner estimates that at any given time approximately 19.0% to 35.1% of the Funds’ contracts are traded OTC.
	The risk to the limited partners that have purchased Redeemable Units is limited to the amount of their share of the Partnership’s net assets and undistributed profits. This limited liability is a result of the organization of the Partnership as a limited partnership under New York law.
	Market risk is the potential for changes in the value of the financial instruments traded by the Funds due to market changes, including interest and foreign exchange rate movements and fluctuations in commodity or security prices. Market risk is directly impacted by the volatility and liquidity in the markets in which the related underlying assets are traded. The Funds are exposed to a market risk equal to the value of futures and forward contracts purchased and unlimited liability on such contracts sold short.
	Credit risk is the possibility that a loss may occur due to the failure of a counterparty to perform according to the terms of a contract. The Partnership’s/Funds’ risk of loss in the event of a counterparty default is typically limited to the amounts recognized in the Statements of Financial Condition and is not represented by the contract or notional amounts of the instruments. The Partnership’s/Funds’ risk of loss is reduced through the use of legally enforceable master netting agreements with counterparties that permit the Partnership/Funds to offset unrealized gains and losses and other assets and liabilities with such counterparties upon the occurrence of certain events. The Partnership/Funds had credit risk and concentration risk during the reporting period and prior periods included in this report as MS&Co. and/or CGM or their affiliates were the sole counterparties or brokers with respect to the Partnership’s/Funds’ assets. Credit risk with respect to exchange-traded instruments is reduced to the extent that through MS&Co. or CGM, the Partnership’s/Funds’ counterparty is an exchange or clearing organization. The Partnership/Funds continue to be subject to such risks with respect to MS&Co.
	As both a buyer and seller of options, the Funds pay or receive a premium at the outset and then bear the risk of unfavorable changes in the price of the contract underlying the option. Written options expose the Funds to potentially unlimited liability; for purchased options, the risk of loss is limited to the premiums paid. Certain written put options permit cash settlement and do not require the option holder to own the reference asset. The Funds do not consider these contracts to be guarantees.
	The General Partner/manager monitors and attempts to control the Partnership’s/Funds’ risk exposure on a daily basis through financial, credit and risk management monitoring systems, and accordingly, believes that it has effective procedures for evaluating and limiting the credit and market risks to which the Partnership/Funds may be subject. These monitoring systems generally allow the General Partner/manager to statistically analyze actual trading results with risk-adjusted performance indicators and correlation statistics. In addition, online monitoring systems provide account analysis of futures, forwards and options contracts by sector, margin requirements, gain and loss transactions and collateral positions.
	The majority of these financial instruments mature within one year of the inception date. However, due to the nature of the Funds’ businesses, these instruments may not be held to maturity.

Critical_Accounting_Policies

Critical Accounting Policies	9 Months Ended
Critical Accounting Policies	Sep. 30, 2014
Accounting Policies [Abstract]	'
Critical Accounting Policies	'
	7. Critical Accounting Policies:
	Use of Estimates. The preparation of financial statements and accompanying notes in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses, and related disclosures of contingent assets and liabilities in the financial statements and accompanying notes. As a result, actual results could differ from these estimates.
	Partnership’s and the Funds’ Investments. All commodity interests held by the Funds, including derivative financial instruments and derivative commodity instruments, are held for trading purposes. The commodity interests are recorded on trade date and open contracts are recorded at fair value (as described below) at the measurement date. Investments in commodity interests denominated in foreign currencies are translated into U.S. dollars at the exchange rates prevailing at the measurement date. Gains or losses are realized when contracts are liquidated. Unrealized gains or losses on open contracts are included as a component of equity in trading account on the Statements of Financial Condition. Net realized gains or losses and any change in net unrealized gains or losses from the preceding period are reported in the Statements of Income and Expenses.
	Partnership’s and the Funds’ Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to fair values derived from unobservable inputs (Level 3). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. Management has concluded that based on available information in the marketplace, the Funds’ Level 1 assets and liabilities are actively traded.
	GAAP also requires the use of judgment in determining if a formerly active market has become inactive and in determining fair values when the market has become inactive. Management has concluded that based on available information in the marketplace, there has not been a significant decrease in the volume and level of activity in the Partnership’s and the Funds’ Level 2 assets and liabilities.
	The Partnership and the Funds will separately present purchases, sales, issuances, and settlements in their reconciliation of Level 3 fair value measurements (i.e., to present such items on a gross basis rather than on a net basis), and make disclosures regarding the level of disaggregation as well as the inputs and valuation techniques used to measure fair value for measurements that fall within either Level 2 or Level 3 of the fair value hierarchy as required under GAAP.
	The Partnership and the Funds consider prices for exchange-traded commodity futures, forwards, swaps and options contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of non-exchange-traded forwards, swaps and certain options contracts for which market quotations are not readily available are priced by broker-dealers who derive fair values for those assets and liabilities from observable inputs (Level 2). Investments in funds (other commodity pools) with no rights or obligations inherent within the ownership interest held by the Partnership are priced based on the end of the day net asset value (Level 2). The value of the Partnership’s investments in the Funds reflects its proportional interest in the Funds. As of and for the periods ended September 30, 2014 and December 31, 2013, the Partnership and the Funds did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of management’s assumptions and internal valuation pricing models (Level 3). For the nine months ended September 30, 2014 and the year ended December 31, 2013, there were no transfers of assets and liabilities between Level 1 and Level 2.
	Futures Contracts. The Funds trade futures contracts. A futures contract is a firm commitment to buy or sell a specified quantity of investments, currency or a standardized amount of a deliverable grade commodity, at a specified price on a specified future date, unless the contract is closed before the delivery date or if the delivery quantity is something where physical delivery cannot occur (such as the S&P 500 Index), whereby such contract is settled in cash. Payments (“variation margin”) may be made or received by the Funds each business day, depending on the daily fluctuations in the value of the underlying contracts, and are recorded as unrealized gains or losses by the Funds. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Transactions in futures contracts require participants to make both initial margin deposits of cash or other assets and variation margin deposits, through the futures broker, directly with the exchange on which the contracts are traded. Net realized gains (losses) and changes in net unrealized gains (losses) on futures contracts are included in the Statements of Income and Expenses.

	Forward Foreign Currency Contracts. Forward foreign currency contracts are those contracts where the Funds agree to receive or deliver a fixed quantity of foreign currency for an agreed-upon price on an agreed future date. Forward foreign currency contracts are valued daily, and the Funds’ net equity therein, representing unrealized gain or loss on the contracts as measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the reporting date, is included in the Statements of Financial Condition. Net realized gains (losses) and changes in net unrealized gains (losses) on forward foreign currency contracts are recognized in the period in which the contract is closed or the changes occur, respectively, and are included in the Statements of Income and Expenses.
	The Funds do not isolate that portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations due to changes in market prices of investments held. Such fluctuations are included in net gain (loss) on investments in the Statements of Income and Expenses.
	London Metals Exchange Forward Contracts. Metal contracts traded on the London Metals Exchange (“LME”) represent a firm commitment to buy or sell a specified quantity of aluminum, copper, lead, nickel, tin or zinc. LME contracts traded by the Funds are cash settled based on prompt dates published by the LME. Payments (“variation margin”) may be made or received by the Funds each business day, depending on the daily fluctuations in the value of the underlying contracts, and are recorded as unrealized gains or losses by the Funds. A contract is considered offset when all long positions have been matched with a like number of short positions settling on the same prompt date. When the contract is closed at the prompt date, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Transactions in LME contracts require participants to make both initial margin deposits of cash or other assets and variation margin deposits, through the broker, directly with the LME. Net realized gains (losses) and changes in net unrealized gains (losses) on metal contracts are included in the Statements of Income and Expenses.

	Options. The Funds may purchase and write (sell) both exchange listed and OTC options on commodities or financial instruments. An option is a contract allowing, but not requiring, its holder to buy (call) or sell (put) a specific or standard commodity or financial instrument at a specified price during a specified time period. The option premium is the total price paid or received for the option contract. When the Funds write an option, the premium received is recorded as a liability in the Statements of Financial Condition and marked to market daily. When the Funds purchase an option, the premium paid is recorded as an asset in the Statements of Financial Condition and marked to market daily. Net realized gains (losses) and changes in net unrealized gains (losses) on options contracts are included in the Statements of Income and Expenses.
	Investment Company Status. Effective January 1, 2014, the Partnership adopted, ASU 2013-08, “Financial Services — Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements.” ASU 2013-08 changes the approach to the investment company assessment, requires non-controlling ownership interests in other investment companies to be measured at fair value, and requires additional disclosures about the investment company’s status as an investment company. ASU 2013-08 is effective for interim and annual reporting periods beginning after December 15, 2013. The adoption of this ASU did not have a material impact on the Partnership’s financial statements. Based on management’s assessment, the Partnership has been deemed to be an investment company since inception. It has all of the fundamental and typical characteristics of an investment company.
	Income Taxes. Income taxes have not been provided as each partner is individually liable for the taxes, if any, on its share of the Partnership’s income and expenses.
	GAAP provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements and requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Partnership’s financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions with respect to tax at the Partnership level not deemed to meet the “more-likely-than-not” threshold would be recorded as a tax benefit or expense in the current year. The General Partner concluded that no provision for income tax is required in the Partnership’s financial statements.
	The Partnership files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The 2011 through 2013 tax years remain subject to examination by U.S. federal and most state tax authorities. The General Partner does not believe that there are any uncertain tax positions that require recognition of a tax liability.
	Net Income (Loss) per Unit. Net income (loss) per unit is calculated in accordance with investment company guidance. See Note 2, “Financial Highlights”.
	Subsequent Events. The General Partner evaluates events that occur after the balance sheet date but before financial statements are issued. The General Partner has assessed the subsequent events through the date of issuance and determined that, other than that referenced in Note 1 to the Financial statements, there were no subsequent events requiring adjustment of or disclosure in the financial statements.

Critical_Accounting_Policies_P

Critical Accounting Policies (Policies)	9 Months Ended
Critical Accounting Policies (Policies)	Sep. 30, 2014
Accounting Policies [Abstract]	'
Use of Estimates	'
Use of Estimates	Use of Estimates. The preparation of financial statements and accompanying notes in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, income and expenses, and related disclosures of contingent assets and liabilities in the financial statements and accompanying notes. As a result, actual results could differ from these estimates.
Partnership's and the Funds' Investments	'
Partnership's and the Funds' Investments	Partnership’s and the Funds’ Investments. All commodity interests held by the Funds, including derivative financial instruments and derivative commodity instruments, are held for trading purposes. The commodity interests are recorded on trade date and open contracts are recorded at fair value (as described below) at the measurement date. Investments in commodity interests denominated in foreign currencies are translated into U.S. dollars at the exchange rates prevailing at the measurement date. Gains or losses are realized when contracts are liquidated. Unrealized gains or losses on open contracts are included as a component of equity in trading account on the Statements of Financial Condition. Net realized gains or losses and any change in net unrealized gains or losses from the preceding period are reported in the Statements of Income and Expenses.
Partnership's and the Funds' Fair Value Measurements	'
	Partnership’s and the Funds’ Fair Value Measurements. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. The fair value hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to fair values derived from unobservable inputs (Level 3). The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest level input that is significant to the fair value measurement in its entirety. Management has concluded that based on available information in the marketplace, the Funds’ Level 1 assets and liabilities are actively traded.
	GAAP also requires the use of judgment in determining if a formerly active market has become inactive and in determining fair values when the market has become inactive. Management has concluded that based on available information in the marketplace, there has not been a significant decrease in the volume and level of activity in the Partnership’s and the Funds’ Level 2 assets and liabilities.
	The Partnership and the Funds will separately present purchases, sales, issuances, and settlements in their reconciliation of Level 3 fair value measurements (i.e., to present such items on a gross basis rather than on a net basis), and make disclosures regarding the level of disaggregation as well as the inputs and valuation techniques used to measure fair value for measurements that fall within either Level 2 or Level 3 of the fair value hierarchy as required under GAAP.
	The Partnership and the Funds consider prices for exchange-traded commodity futures, forwards, swaps and options contracts to be based on unadjusted quoted prices in active markets for identical assets and liabilities (Level 1). The values of non-exchange-traded forwards, swaps and certain options contracts for which market quotations are not readily available are priced by broker-dealers who derive fair values for those assets and liabilities from observable inputs (Level 2). Investments in funds (other commodity pools) with no rights or obligations inherent within the ownership interest held by the Partnership are priced based on the end of the day net asset value (Level 2). The value of the Partnership’s investments in the Funds reflects its proportional interest in the Funds. As of and for the periods ended September 30, 2014 and December 31, 2013, the Partnership and the Funds did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of management’s assumptions and internal valuation pricing models (Level 3). For the nine months ended September 30, 2014 and the year ended December 31, 2013, there were no transfers of assets and liabilities between Level 1 and Level 2.
Futures Contracts	'
Futures Contracts	Futures Contracts. The Funds trade futures contracts. A futures contract is a firm commitment to buy or sell a specified quantity of investments, currency or a standardized amount of a deliverable grade commodity, at a specified price on a specified future date, unless the contract is closed before the delivery date or if the delivery quantity is something where physical delivery cannot occur (such as the S&P 500 Index), whereby such contract is settled in cash. Payments (“variation margin”) may be made or received by the Funds each business day, depending on the daily fluctuations in the value of the underlying contracts, and are recorded as unrealized gains or losses by the Funds. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Transactions in futures contracts require participants to make both initial margin deposits of cash or other assets and variation margin deposits, through the futures broker, directly with the exchange on which the contracts are traded. Net realized gains (losses) and changes in net unrealized gains (losses) on futures contracts are included in the Statements of Income and Expenses.
Forward Foreign Currency Contracts	'
	Forward Foreign Currency Contracts. Forward foreign currency contracts are those contracts where the Funds agree to receive or deliver a fixed quantity of foreign currency for an agreed-upon price on an agreed future date. Forward foreign currency contracts are valued daily, and the Funds’ net equity therein, representing unrealized gain or loss on the contracts as measured by the difference between the forward foreign exchange rates at the dates of entry into the contracts and the forward rates at the reporting date, is included in the Statements of Financial Condition. Net realized gains (losses) and changes in net unrealized gains (losses) on forward foreign currency contracts are recognized in the period in which the contract is closed or the changes occur, respectively, and are included in the Statements of Income and Expenses.
	The Funds do not isolate that portion of the results of operations arising from the effect of changes in foreign exchange rates on investments from fluctuations due to changes in market prices of investments held. Such fluctuations are included in net gain (loss) on investments in the Statements of Income and Expenses.
London Metals Exchange Forward Contracts	'
London Metals Exchange Forward Contracts	London Metals Exchange Forward Contracts. Metal contracts traded on the London Metals Exchange (“LME”) represent a firm commitment to buy or sell a specified quantity of aluminum, copper, lead, nickel, tin or zinc. LME contracts traded by the Funds are cash settled based on prompt dates published by the LME. Payments (“variation margin”) may be made or received by the Funds each business day, depending on the daily fluctuations in the value of the underlying contracts, and are recorded as unrealized gains or losses by the Funds. A contract is considered offset when all long positions have been matched with a like number of short positions settling on the same prompt date. When the contract is closed at the prompt date, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. Transactions in LME contracts require participants to make both initial margin deposits of cash or other assets and variation margin deposits, through the broker, directly with the LME. Net realized gains (losses) and changes in net unrealized gains (losses) on metal contracts are included in the Statements of Income and Expenses.
Options	'
Options	Options. The Funds may purchase and write (sell) both exchange listed and OTC options on commodities or financial instruments. An option is a contract allowing, but not requiring, its holder to buy (call) or sell (put) a specific or standard commodity or financial instrument at a specified price during a specified time period. The option premium is the total price paid or received for the option contract. When the Funds write an option, the premium received is recorded as a liability in the Statements of Financial Condition and marked to market daily. When the Funds purchase an option, the premium paid is recorded as an asset in the Statements of Financial Condition and marked to market daily. Net realized gains (losses) and changes in net unrealized gains (losses) on options contracts are included in the Statements of Income and Expenses.
Investment Company Status	'
Investment Company Status	Investment Company Status. Effective January 1, 2014, the Partnership adopted, ASU 2013-08, “Financial Services — Investment Companies (Topic 946): Amendments to the Scope, Measurement and Disclosure Requirements.” ASU 2013-08 changes the approach to the investment company assessment, requires non-controlling ownership interests in other investment companies to be measured at fair value, and requires additional disclosures about the investment company’s status as an investment company. ASU 2013-08 is effective for interim and annual reporting periods beginning after December 15, 2013. The adoption of this ASU did not have a material impact on the Partnership’s financial statements. Based on management’s assessment, the Partnership has been deemed to be an investment company since inception. It has all of the fundamental and typical characteristics of an investment company.
Income Taxes	'
	Income Taxes. Income taxes have not been provided as each partner is individually liable for the taxes, if any, on its share of the Partnership’s income and expenses.
	GAAP provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements and requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Partnership’s financial statements to determine whether the tax positions are “more-likely-than-not” to be sustained by the applicable tax authority. Tax positions with respect to tax at the Partnership level not deemed to meet the “more-likely-than-not” threshold would be recorded as a tax benefit or expense in the current year. The General Partner concluded that no provision for income tax is required in the Partnership’s financial statements.
	The Partnership files U.S. federal and various state and local tax returns. No income tax returns are currently under examination. The 2011 through 2013 tax years remain subject to examination by U.S. federal and most state tax authorities. The General Partner does not believe that there are any uncertain tax positions that require recognition of a tax liability.
Net Income (Loss) per Unit	'
Net Income (Loss) per Unit	Net Income (Loss) per Unit. Net income (loss) per unit is calculated in accordance with investment company guidance. See Note 2, “Financial Highlights”.
Subsequent Events	'
Subsequent Events	Subsequent Events. The General Partner evaluates events that occur after the balance sheet date but before financial statements are issued. The General Partner has assessed the subsequent events through the date of issuance and determined that, other than that referenced in Note 1 to the Financial statements, there were no subsequent events requiring adjustment of or disclosure in the financial statements.

Financial_Highlights_Tables

Financial Highlights (Tables)	9 Months Ended
Financial Highlights (Tables)	Sep. 30, 2014
Text Block [Abstract]	'
Changes in Net Asset Value	'
	Changes in the net asset value per unit for the three and nine months ended September 30, 2014 and 2013 were as follows:


			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014			2013			2014			2013
	Net realized and unrealized gains (losses) *		$	45.98		$	(49.54	)	$	5.77		$	(26.31	)
	Interest income			0.02			0.03			0.1			0.16
	Expenses **			(8.24	)		(4.51	)		(17.70	)		(16.72	)

	Increase (decrease) for the period			37.76			(54.02	)		(11.83	)		(42.87	)
	Net asset value per unit, beginning of period			850.69			938.56			900.28			927.41

	Net asset value per unit, end of period		$	888.45		$	884.54		$	888.45		$	884.54


	*	Includes ongoing selling agent fees and clearing fees. Net realized and unrealized gains (losses) excluding ongoing selling agent fees and clearing fees for the three months ended September 30, 2014 and 2013 and for the nine months ended September 30, 2014 and 2013 were $54.55, $(35.51), $36.18 and $16.47, respectively.

	**	Excludes ongoing selling agent fees and clearing fees. Total expenses including ongoing selling agent fees and clearing fees for the three months ended September 30, 2014 and 2013 and for the nine months ended September 30, 2014 and 2013 were $(16.81), $(18.54), $(48.11) and $(59.50), respectively.
Ratios to Average Net Assets	'

			Three Months Ended						Nine Months Ended
			September 30,						September 30,
			2014			2013			2014			2013
	Ratios to average net assets:***
	Net investment income (loss)			(6.6	)%		(8.1	)%		(7.6	)%		(8.5	)%
	Incentive fees			0.4	%		0	%*****		0.5	%		0.3	%

	Net investment income (loss) before incentive fees****			(6.2	)%		(8.1	)%		(7.1	)%		(8.2	)%

	Operating expenses			6.2	%		8.1	%		7.1	%		8.2	%
	Incentive fees			0.4	%		0	%*****		0.5	%		0.3	%

	Total expenses			6.6	%		8.1	%		7.6	%		8.5	%


	Total return:
	Total return before incentive fees			4.9	%		(5.8	)%		(0.8	)%		(4.3	)%
	Incentive fees			(0.5	)%		0	%*****		(0.5	)%		(0.3	)%

	Total return after incentive fees			4.4	%		(5.8	)%		(1.3	)%		(4.6	)%


	***	Annualized (other than incentive fees).

	****	Interest income less total expenses.

	*****	Due to rounding.

Fair_Value_Measurements_Tables

Fair Value Measurements (Tables)	9 Months Ended
Fair Value Measurements (Tables)	Sep. 30, 2014
Fair Value Disclosures [Abstract]	'
Derivative Instruments Priced at Fair Value Using Unobservable Inputs	'
	As of and for the periods ended September 30, 2014 and December 31, 2013, the Partnership and the Funds did not hold any derivative instruments that were priced at fair value using unobservable inputs through the application of management’s assumptions and internal valuation pricing models (Level 3). For the nine months ended September 30, 2014 and the year ended December 31, 2013, there were no transfers of assets and liabilities between Level 1 and Level 2.

		30-Sep-14		Quoted Prices in		Significant Other		Significant
				Active Markets		Observable Inputs		Unobservable
				for Identical		(Level 2)		Inputs (Level 3)
				Assets and
				Liabilities
				(Level 1)
	Assets
	Investment in funds	$	253,934,451	$	—	$	253,934,451	$	—

	Net fair value	$	253,934,451	$	—	$	253,934,451	$	—



		December 31, 2013		Quoted Prices in		Significant Other		Significant
				Active markets		Observable Inputs		Unobservable
				for Identical		(Level 2)		Inputs (Level 3)
				Assets and
				Liabilities
				(Level 1)
	Assets
	Investment in funds	$	381,494,571	$	—	$	381,494,571	$	—

	Net fair value	$	381,494,571	$	—	$	381,494,571	$	—

Investment_in_Funds_Tables

Investment in Funds (Tables)	9 Months Ended
	Sep. 30, 2014
Text Block [Abstract]	'
Summary of Total Assets, Liabilities and Capital	'
	Summarized information reflecting the total assets, liabilities and capital for the Funds is shown in the following tables.


			30-Sep-14
			Total Assets				Total Liabilities				Total Capital
	Willowbridge Master		$	118,333,859			$	180,327			$	118,153,532
	Aspect Master			57,012,498				582,943				56,429,555
	Graham Master			54,426,497				23,862				54,402,635
	KR Master			17,814,376				231,382				17,582,994
	Altis Master			62,268,290				32,765				62,235,525
	JEM Master			37,771,150				32,535				37,738,615
	Boronia I, LLC			95,613,078				2,328,040				93,285,038

			31-Dec-13
			Total Assets				Total Liabilities				Total Capital
	Drury Master		$	24,999,558			$	345,693			$	24,653,865
	Willowbridge Master			95,699,725				7,316,065				88,383,660
	Aspect Master			102,342,493				31,944				102,310,549
	Graham Master			59,948,792				2,996,936				56,951,856
	KR Master			44,043,845				1,456,785				42,587,060
	Altis Master			93,798,364				1,680,201				92,118,163
	JEM Master			44,509,274				32,554				44,476,720
	Boronia I, LLC			66,134,764				914,259				65,220,505
	Kaiser I, LLC			52,158,601				439,951				51,718,650
Summary of Net Investment Income (Loss), Total Trading Results and Net Income (Loss)	'
	Summarized information reflecting the net investment income (loss), total trading results and net income (loss) for the Funds is shown in the following tables.


			For the three months ended September 30, 2014
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Willowbridge Master		$	(166,398	)		$	3,692,929			$	3,526,531
	Aspect Master			(73,201	)			3,932,169				3,858,968
	Graham Master			(60,034	)			4,158,083				4,098,049
	KR Master			(35,293	)			339,818				304,525
	Altis Master			(91,952	)			4,221,875				4,129,923
	JEM Master			(225,547	)			331,225				105,678
	Boronia I, LLC			(3,213,470	)			11,747,109				8,533,639

			For the nine months ended September 30, 2014
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Drury Master		$	(89,782	)		$	(1,655,418	)		$	(1,745,200	)
	Willowbridge Master			(379,676	)			2,654,368				2,274,692
	Aspect Master			(207,332	)			3,350,986				3,143,654
	Graham Master			(174,742	)			2,662,483				2,487,741
	KR Master			(125,271	)			1,438,550				1,313,279
	Altis Master			(265,430	)			973,102				707,672
	JEM Master			(773,522	)			(3,409,281	)			(4,182,803	)
	Boronia I, LLC			(5,320,505	)			15,863,418				10,542,913
	Kaiser I, LLC			(868,868	)			(5,469,979	)			(6,338,847	)

			For the three months ended September 30, 2013
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Drury Master		$	(71,154	)		$	(947,842	)		$	(1,018,996	)
	Willowbridge Master			(168,584	)			(3,203,058	)			(3,371,642	)
	Aspect Master			(66,230	)			(7,692,184	)			(7,758,414	)
	Graham Master			(47,611	)			2,254,670				2,207,059
	KR Master			(71,980	)			(404,809	)			(476,789	)
	Altis Master			(131,613	)			(11,456,410	)			(11,588,023	)
	JEM Master			(266,418	)			3,946,878				3,680,460
	Boronia I, LLC			(811,380	)			646,728				(164,652	)
	Kaiser I, LLC			(454,779	)			(613,975	)			(1,068,754	)

			For the nine months ended September 30, 2013
			Net Investment				Total Trading				Net Income (Loss)
			Income (Loss)				Results
	Drury Master		$	(203,738	)		$	7,254,881			$	7,051,143
	Willowbridge Master			(409,377	)			9,714,029				9,304,652
	Aspect Master			(226,589	)			(6,483,182	)			(6,709,771	)
	Graham Master			(188,406	)			6,025,178				5,836,772
	KR Master			(235,574	)			(4,932,402	)			(5,167,976	)
	Altis Master			(431,383	)			(3,562,943	)			(3,994,326	)
	JEM Master			(958,201	)			4,775,028				3,816,827
	Boronia I, LLC			(3,220,183	)			7,664,761				4,444,578
	Kaiser I, LLC			(2,368,666	)			5,929,623				3,560,957
Summary of Partnerships Investment in, and Operations of, the Funds	'
	Summarized information reflecting the Partnership’s investment in, and the operations of, the Funds is shown in the following tables.



			30-Sep-14								For the three months ended September 30, 2014
			% of												Expenses												Net
																											Income
	Funds		Partnership’s				Fair				Income				Clearing Fees			Other			Management			Incentive			(Loss)				Investment		Redemptions
			Net				Value				(Loss)				allocated						Fee			Fee							Objective		Permitted
			Assets												from Funds
	Willowbridge Master			25.66	%			61,921,812			$	1,666,146			$	86,981		$	21,799		$	—		$	—			1,557,366			Commodity			Monthly
																															Portfolio
	Aspect Master			13.25	%			31,965,496				2,277,625				21,348			23,318			—			—			2,232,959			Commodity			Monthly
																															Portfolio
	Graham Master			11.23	%			27,104,328				2,009,860				18,773			11,857			—			—			1,979,230			Commodity			Monthly
																															Portfolio
	KR Master			5.58	%			13,471,040				262,314				10,995			21,312			—			—			230,007			Commodity			Monthly
																															Portfolio
	Altis Master			18.15	%			43,799,110				2,868,302				42,130			25,320			—			—			2,800,852			Commodity			Monthly
																															Portfolio
	JEM Master			11.2	%			27,014,856				232,735				138,259			22,792			—			—			71,684			Commodity			Monthly
																															Portfolio
	Boronia Trading Company			20.16	%			48,657,809				6,114,117				319,525			39,432			211,240			1,108,784			4,435,136			Commodity			Monthly
																															Portfolio

	Total						$	253,934,451			$	15,431,099			$	638,011		$	165,830		$	211,240		$	1,108,784		$	13,307,234



			30-Sep-14								For the nine months ended September 30, 2014
			% of												Expenses												Net
																											Income
	Funds		Partnership’s				Fair				Income				Clearing Fees			Other			Management			Incentive			(Loss)				Investment		Redemptions
			Net				Value				(Loss)				allocated						Fee			Fee							Objective		Permitted
			Assets												from Funds
	Drury Master			0	%		$	—			$	(1,532,410	)		$	30,208		$	49,587		$	—		$	—			(1,612,205	)		Commodity			Monthly
																															Portfolio
	Willowbridge Master			25.66	%			61,921,812				864,803				217,181			54,285			—			—			593,337			Commodity			Monthly
																															Portfolio
	Aspect Master			13.25	%			31,965,496				1,771,094				84,487			55,840			—			—			1,630,767			Commodity			Monthly
																															Portfolio
	Graham Master			11.23	%			27,104,328				1,370,648				47,704			35,781			—			—			1,287,163			Commodity			Monthly
																															Portfolio
	KR Master			5.58	%			13,471,040				1,039,067				58,328			53,580			—			—			927,159			Commodity			Monthly
																															Portfolio
	Altis Master			18.15	%			43,799,110				239,239				150,745			54,530			—			—			33,964			Commodity			Monthly
																															Portfolio
	JEM Master			11.2	%			27,014,856				(2,377,567	)			491,817			54,268			—			—			(2,923,652	)		Commodity			Monthly
																															Portfolio
	Boronia Trading Company			20.16	%			48,657,809				8,299,887				803,655			98,947			530,073			1,375,148			5,492,064			Commodity			Monthly
																															Portfolio
	Kaiser Trading Company			0	%			—				(2,966,749	)			157,986			49,710			284,057			—			(3,458,502	)		Commodity			Monthly
																															Portfolio

	Total						$	253,934,451			$	6,708,012			$	2,042,111		$	506,528		$	814,130		$	1,375,148		$	1,970,095



			31-Dec-13								For the three months ended September 30, 2013
			% of												Expenses												Net
																											Income
	Funds		Partnership’s				Fair				Income				Clearing Fees			Other			Management			Incentive			(Loss)				Investment		Redemptions
			Net				Value				(Loss)				allocated						Fee			Fee							Objective		Permitted
Assets											from Funds
Drury Master				6.07	%		$	22,182,367			$	(865,630	)		$	39,052		$	28,698		$	—		$	—		$	(933,380		)		Commodity			Monthly
	Portfolio
Willowbridge Master			17.94	%			65,560,846				(2,214,783	)			105,862			13,490			—			—			(2,334,135	)		Commodity			Monthly
																														Portfolio
Aspect Master			19.56	%			71,480,734				(5,629,553	)			41,753			10,008			—			—			(5,681,314	)		Commodity			Monthly
																														Portfolio
Graham Master			6.81	%			24,893,949				924,515				14,700			5,673			—			—			904,142			Commodity			Monthly
																														Portfolio
KR Master			8.28	%			30,264,961				(305,996	)			49,497			17,459			—			—			(372,952	)		Commodity			Monthly
																														Portfolio
Altis Master			19.55	%			71,413,502				(9,102,286	)			97,312			10,534			—			—			(9,210,132	)		Commodity			Monthly
																														Portfolio
JEM Master			8.51	%			31,084,391				471,816				56,699			3,618			—			—			411,499			Commodity			Monthly
																														Portfolio
Boronia Trading Company			9.93	%			36,282,519				364,806				237,366			29,876			191,749			—			(94,185	)		Commodity			Monthly
																														Portfolio
Kaiser Trading Company			7.76	%			28,331,302				(334,965	)			85,951			24,962			142,637			196			(588,711	)		Commodity			Monthly
																														Portfolio

Total						$	381,494,571			$	(16,692,076	)		$	728,192		$	144,318		$	334,386		$	196		$	(17,899,168	)



		31-Dec-13								For the nine months ended September 30, 2013
		% of												Expenses												Net
																										Income
Funds		Partnership’s				Fair Value				Income				Clearing Fees			Other			Management			Incentive			(Loss)				Investment		Redemptions
		Net								(Loss)				allocated						Fee			Fee							Objective		Permitted
		Assets												from Funds
Drury Master			6.07	%		$	22,182,367			$	5,780,885			$	130,465		$	60,679		$	—		$	—		$	5,589,741			Commodity			Monthly
																														Portfolio
Willowbridge Master			17.94	%			65,560,846				4,924,427				214,545			44,274			—			—			4,665,608			Commodity			Monthly
																														Portfolio
Aspect Master			19.56	%			71,480,734				(4,743,975	)			141,332			42,064			—			—			(4,927,371	)		Commodity			Monthly
																														Portfolio
Graham Master			6.81	%			24,893,949				3,236,033				69,313			23,582			—			—			3,143,138			Commodity			Monthly
																														Portfolio
KR Master			8.28	%			30,264,961				(4,018,761	)			182,000			51,584			—			—			(4,252,345	)		Commodity			Monthly
																														Portfolio
Altis Master			19.55	%			71,413,502				(3,108,552	)			304,917			46,798			—			—			(3,460,267	)		Commodity			Monthly
																														Portfolio
JEM Master			8.51	%			31,084,391				471,816				56,699			3,618			—			—			411,499			Commodity			Monthly
																														Portfolio
Boronia Trading Company			9.93	%			36,282,519				4,238,171				721,097			91,683			522,861			599,886			2,302,644			Commodity			Monthly
																														Portfolio
Kaiser Trading Company			7.76	%			28,331,302				3,297,478				210,178			77,347			441,494			631,591			1,936,868			Commodity			Monthly
																														Portfolio

Total						$	381,494,571			$	10,077,522			$	2,030,546		$	441,629		$	964,355		$	1,231,477		$	5,409,515

General_Additional_Information

General - Additional Information (Detail) (USD $)	Jun. 30, 2005	Oct. 07, 2004	Dec. 04, 2003	Apr. 30, 2003	Mar. 31, 2014	Dec. 31, 2014	Dec. 31, 2014	Mar. 31, 2014	Sep. 30, 2014	Sep. 30, 2014
					Graham Master [Member]	Subsequent Events [Member]	Subsequent Events [Member]	Selling Agreement [Member]	Alternative Investment Selling Agent Agreement Amendment [Member]	Amendment No. 1 To Management Agreement [Member]
							General Partner [Member]
General [Line Items]	'	'	'	'	'	'	'	'	'	'
Number of Redeemable Units available for sale during initial offering period	'	'	'	36,616	'	'	'	'	'	'
Sale price per Redeemable Unit	'	'	'	$1,000	'	'	'	'	'	'
Number of additional Redeemable Units authorized to be sold	2,000,000	1,000,000	700,000	300,000	'	'	'	'	'	'
Monthly selling agent fee percentage of month-end net assets	'	'	'	'	'	'	'	0.46%	'	'
Annual selling agent fee percentage of month-end net assets	'	'	'	'	'	2.00%	'	5.50%	3.00%	'
Percentage of management fee	'	'	'	'	2.00%	'	'	'	'	1.75%
Annual rate of administrative fee	'	'	'	'	'	'	1.00%	'	'	'

Financial_Highlights_Changes_i

Financial Highlights - Changes in Net Asset Value (Detail) (USD $)	3 Months Ended				9 Months Ended
	Sep. 30, 2014		Sep. 30, 2013		Sep. 30, 2014		Sep. 30, 2013
Partnership Income [Abstract]	'		'		'		'
Net realized and unrealized gains (losses)	45.98		-49.54		5.77		-26.31
Interest income	0.02		0.03		0.1		0.16
Expenses	-8.24		-4.51		-17.7		-16.72
Increase (decrease) for the period	$37.76	[1]	($54.02)	[1]	($11.83)	[1]	($42.87)	[1]
Net asset value per unit, beginning of period	850.69		938.56		900.28		927.41
Net asset value per unit, end of period	888.45		884.54		888.45		884.54

[1]	Based on change in net asset value per unit.

Financial_Highlights_Changes_i1

Financial Highlights - Changes in Net Asset Value (Parenthetical) (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Partnership Income [Abstract]	'	'	'	'
Net realized and unrealized gains (losses) excluding ongoing selling agent fees and clearing fees	54.55	-35.51	36.18	16.47
Total expenses including ongoing selling agent fees and clearing fees	-16.81	-18.54	-48.11	-59.5

Financial_Highlights_Ratios_to

Financial Highlights - Ratios to Average Net Assets (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Ratios to average net assets:	'	'	'	'
Net investment income (loss)	-6.60%	-8.10%	-7.60%	-8.50%
Incentive fees	0.40%	0.00%	0.50%	0.30%
Net investment income (loss) before incentive fees	-6.20%	-8.10%	-7.10%	-8.20%
Operating expenses	6.20%	8.10%	7.10%	8.20%
Incentive fees	0.40%	0.00%	0.50%	0.30%
Total expenses	6.60%	8.10%	7.60%	8.50%
Total return:	'	'	'	'
Total return before incentive fees	4.90%	-5.80%	-0.80%	-4.30%
Incentive fees	-0.50%	0.00%	-0.50%	-0.30%
Total return after incentive fees	4.40%	-5.80%	-1.30%	-4.60%

Fair_Value_Measurements_Additi

Fair Value Measurements - Additional Information (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Fair Value Disclosures [Abstract]	'	'
Fair value transfers between Level 1 and Level 2 amount	$0	$0

Fair_Value_Measurements_Deriva

Fair Value Measurements - Derivative Instruments Priced at Fair Value Using Unobservable Inputs (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Assets	'	'	'
Investment in Funds, at fair value	$253,934,451	$381,494,571	$381,494,571
Investment In Funds [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	253,934,451	381,494,571	'
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	'	'	'
Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) [Member] \| Investment In Funds [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	'	'	'
Significant Other Observable Inputs (Level 2) [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	253,934,451	381,494,571	'
Significant Other Observable Inputs (Level 2) [Member] \| Investment In Funds [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	253,934,451	381,494,571	'
Significant Unobservable Inputs (Level 3) [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	'	'	'
Significant Unobservable Inputs (Level 3) [Member] \| Investment In Funds [Member]	'	'	'
Assets	'	'	'
Investment in Funds, at fair value	'	'	'

Investment_in_Funds_Additional

Investment in Funds - Additional Information (Detail) (USD $)

0 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

6 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

0 Months Ended

6 Months Ended

Mar. 01, 2005

Sep. 30, 2014

Dec. 31, 2013

Mar. 01, 2005

Jul. 01, 2005

Sep. 30, 2014

Dec. 31, 2013

Jul. 01, 2005

Jun. 01, 2006

Sep. 30, 2014

Dec. 31, 2013

Jun. 01, 2006

1-May-11

Sep. 30, 2014

Dec. 31, 2013

1-May-11

Sep. 30, 2014

Dec. 31, 2013

1-May-11

Jan. 01, 2013

Sep. 30, 2014

Dec. 31, 2013

Jan. 01, 2013

Jun. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Jan. 01, 2013

Aug. 01, 2013

Sep. 30, 2014

Dec. 31, 2013

Aug. 01, 2013

Aug. 01, 2005

Jun. 30, 2014

Dec. 31, 2013

Aug. 01, 2005

Aspect Master [Member]

Willowbridge Master [Member]

Graham Master [Member]

KR Master [Member]

Altis Master [Member]

Morgan Stanley Smith Barney Boronia I, LLC [Member]

Morgan Stanley Smith Barney Kaiser I, LLC [Member]

JEM Master [Member]

Drury Master [Member]

TradingVehicle

Schedule of Investments [Line Items]

Units Purchased

131,340.85

Cash paid

$122,786,448

$85,442,868

$103,008,482

$65,000,000

$70,000,000

$36,000,000

$30,000,000

$15,820,000

$117,943,206

Contribution of open commodity futures and forward contracts at fair value

8,554,397

10,352,940

2,777,533

Number of trading vehicle

Partnership purchased

95,795.81

101,486.05

21,851.95

11,968.09

120,720.74

Of the assets allocated to the Fund, the maximum amount that can be traded

'3 times

'1.5 times

'2 times

'3 times

Cash redemption on investment

$29,367,227

$11,948,245

Partnership percentage owned in investments

56.60%

69.90%

52.40%

69.30%

49.80%

41.50%

76.60%

71.10%

70.40%

77.50%

52.20%

55.70%

54.80%

71.60%

69.90%

90.00%

Investment_in_Funds_Summary_of

Investment in Funds - Summary of Total Assets, Liabilities and Capital (Detail) (USD $)	Sep. 30, 2014	Jun. 30, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Jan. 01, 2013
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	$254,264,103	'	$381,939,591	'	'	'
Total Liabilities	12,939,229	'	16,563,027	'	'	'
Total Capital	241,324,874	274,782,889	365,376,564	398,425,790	446,417,064	488,182,538
Drury Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	'	'	24,999,558	'	'	'
Total Liabilities	'	'	345,693	'	'	'
Total Capital	'	'	24,653,865	'	'	'
Willowbridge Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	118,333,859	'	95,699,725	'	'	'
Total Liabilities	180,327	'	7,316,065	'	'	'
Total Capital	118,153,532	'	88,383,660	'	'	'
Aspect Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	57,012,498	'	102,342,493	'	'	'
Total Liabilities	582,943	'	31,944	'	'	'
Total Capital	56,429,555	'	102,310,549	'	'	'
Graham Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	54,426,497	'	59,948,792	'	'	'
Total Liabilities	23,862	'	2,996,936	'	'	'
Total Capital	54,402,635	'	56,951,856	'	'	'
KR Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	17,814,376	'	44,043,845	'	'	'
Total Liabilities	231,382	'	1,456,785	'	'	'
Total Capital	17,582,994	'	42,587,060	'	'	'
Altis Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	62,268,290	'	93,798,364	'	'	'
Total Liabilities	32,765	'	1,680,201	'	'	'
Total Capital	62,235,525	'	92,118,163	'	'	'
JEM Master [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	37,771,150	'	44,509,274	'	'	'
Total Liabilities	32,535	'	32,554	'	'	'
Total Capital	37,738,615	'	44,476,720	'	'	'
Morgan Stanley Smith Barney Boronia I, LLC [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	95,613,078	'	66,134,764	'	'	'
Total Liabilities	2,328,040	'	914,259	'	'	'
Total Capital	93,285,038	'	65,220,505	'	'	'
Morgan Stanley Smith Barney Kaiser I, LLC [Member]	'	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'	'
Total assets	'	'	52,158,601	'	'	'
Total Liabilities	'	'	439,951	'	'	'
Total Capital	'	'	$51,718,650	'	'	'

Investment_in_Funds_Summary_of1

Investment in Funds - Summary of Net Investment Income (Loss), Total Trading Results and Net Income (Loss) (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	($5,035,892)	($8,693,229)	($16,895,598)	($29,230,558)
Total Trading Results	15,425,555	-16,705,961	6,677,054	9,994,548
Net Income (Loss)	10,389,663	-25,399,190	-10,218,544	-19,236,010
Investment In Funds [Member] \| Drury Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	'	-71,154	-89,782	-203,738
Total Trading Results	'	-947,842	-1,655,418	7,254,881
Net Income (Loss)	'	-1,018,996	-1,745,200	7,051,143
Investment In Funds [Member] \| Willowbridge Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-166,398	-168,584	-379,676	-409,377
Total Trading Results	3,692,929	-3,203,058	2,654,368	9,714,029
Net Income (Loss)	3,526,531	-3,371,642	2,274,692	9,304,652
Investment In Funds [Member] \| Aspect Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-73,201	-66,230	-207,332	-226,589
Total Trading Results	3,932,169	-7,692,184	3,350,986	-6,483,182
Net Income (Loss)	3,858,968	-7,758,414	3,143,654	-6,709,771
Investment In Funds [Member] \| Graham Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-60,034	-47,611	-174,742	-188,406
Total Trading Results	4,158,083	2,254,670	2,662,483	6,025,178
Net Income (Loss)	4,098,049	2,207,059	2,487,741	5,836,772
Investment In Funds [Member] \| KR Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-35,293	-71,980	-125,271	-235,574
Total Trading Results	339,818	-404,809	1,438,550	-4,932,402
Net Income (Loss)	304,525	-476,789	1,313,279	-5,167,976
Investment In Funds [Member] \| Altis Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-91,952	-131,613	-265,430	-431,383
Total Trading Results	4,221,875	-11,456,410	973,102	-3,562,943
Net Income (Loss)	4,129,923	-11,588,023	707,672	-3,994,326
Investment In Funds [Member] \| JEM Master [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-225,547	-266,418	-773,522	-958,201
Total Trading Results	331,225	3,946,878	-3,409,281	4,775,028
Net Income (Loss)	105,678	3,680,460	-4,182,803	3,816,827
Investment In Funds [Member] \| Morgan Stanley Smith Barney Boronia I, LLC [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	-3,213,470	-811,380	-5,320,505	-3,220,183
Total Trading Results	11,747,109	646,728	15,863,418	7,664,761
Net Income (Loss)	8,533,639	-164,652	10,542,913	4,444,578
Investment In Funds [Member] \| Morgan Stanley Smith Barney Kaiser I, LLC [Member]	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'
Net Investment Income (Loss)	'	-454,779	-868,868	-2,368,666
Total Trading Results	'	-613,975	-5,469,979	5,929,623
Net Income (Loss)	'	($1,068,754)	($6,338,847)	$3,560,957

Investment_in_Funds_Summary_of2

Investment in Funds - Summary of Partnerships Investment in, and Operations of, the Funds (Detail) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	105.23%	'	105.23%	'	104.41%
Fair Value	$253,934,451	$381,494,571	$253,934,451	$381,494,571	$381,494,571
Income (Loss)	15,431,099	-16,692,076	6,708,012	10,077,522	'
Clearing fees allocated from Funds	638,011	728,192	2,042,111	2,030,546	'
Other Expenses	165,830	144,318	506,528	441,629	'
Management Fee Expenses	211,240	334,386	814,130	964,355	'
Incentive Fee Expenses	1,108,784	196	1,375,148	1,231,477	'
Net Income (Loss)	13,307,234	-17,899,168	1,970,095	5,409,515	'
Drury Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	0.00%	6.07%	0.00%	6.07%	'
Fair Value	'	22,182,367	'	22,182,367	'
Income (Loss)	'	-865,630	-1,532,410	5,780,885	'
Clearing fees allocated from Funds	'	39,052	30,208	130,465	'
Other Expenses	'	28,698	49,587	60,679	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	'	-933,380	-1,612,205	5,589,741	'
Willowbridge Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	25.66%	17.94%	25.66%	17.94%	'
Fair Value	61,921,812	65,560,846	61,921,812	65,560,846	'
Income (Loss)	1,666,146	-2,214,783	864,803	4,924,427	'
Clearing fees allocated from Funds	86,981	105,862	217,181	214,545	'
Other Expenses	21,799	13,490	54,285	44,274	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	1,557,366	-2,334,135	593,337	4,665,608	'
Aspect Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	13.25%	19.56%	13.25%	19.56%	'
Fair Value	31,965,496	71,480,734	31,965,496	71,480,734	'
Income (Loss)	2,277,625	-5,629,553	1,771,094	-4,743,975	'
Clearing fees allocated from Funds	21,348	41,753	84,487	141,332	'
Other Expenses	23,318	10,008	55,840	42,064	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	2,232,959	-5,681,314	1,630,767	-4,927,371	'
Graham Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	11.23%	6.81%	11.23%	6.81%	'
Fair Value	27,104,328	24,893,949	27,104,328	24,893,949	'
Income (Loss)	2,009,860	924,515	1,370,648	3,236,033	'
Clearing fees allocated from Funds	18,773	14,700	47,704	69,313	'
Other Expenses	11,857	5,673	35,781	23,582	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	1,979,230	904,142	1,287,163	3,143,138	'
KR Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	5.58%	8.28%	5.58%	8.28%	'
Fair Value	13,471,040	30,264,961	13,471,040	30,264,961	'
Income (Loss)	262,314	-305,996	1,039,067	-4,018,761	'
Clearing fees allocated from Funds	10,995	49,497	58,328	182,000	'
Other Expenses	21,312	17,459	53,580	51,584	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	230,007	-372,952	927,159	-4,252,345	'
Altis Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	18.15%	19.55%	18.15%	19.55%	'
Fair Value	43,799,110	71,413,502	43,799,110	71,413,502	'
Income (Loss)	2,868,302	-9,102,286	239,239	-3,108,552	'
Clearing fees allocated from Funds	42,130	97,312	150,745	304,917	'
Other Expenses	25,320	10,534	54,530	46,798	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	2,800,852	-9,210,132	33,964	-3,460,267	'
JEM Master [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	11.20%	8.51%	11.20%	8.51%	'
Fair Value	27,014,856	31,084,391	27,014,856	31,084,391	'
Income (Loss)	232,735	471,816	-2,377,567	471,816	'
Clearing fees allocated from Funds	138,259	56,699	491,817	56,699	'
Other Expenses	22,792	3,618	54,268	3,618	'
Management Fee Expenses	'	'	'	'	'
Incentive Fee Expenses	'	'	'	'	'
Net Income (Loss)	71,684	411,499	-2,923,652	411,499	'
Morgan Stanley Smith Barney Boronia I, LLC [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	20.16%	9.93%	20.16%	9.93%	9.93%
Fair Value	48,657,809	36,282,519	48,657,809	36,282,519	36,282,519
Income (Loss)	6,114,117	364,806	8,299,887	4,238,171	'
Clearing fees allocated from Funds	319,525	237,366	803,655	721,097	'
Other Expenses	39,432	29,876	98,947	91,683	'
Management Fee Expenses	211,240	191,749	530,073	522,861	'
Incentive Fee Expenses	1,108,784	'	1,375,148	599,886	'
Net Income (Loss)	4,435,136	-94,185	5,492,064	2,302,644	'
Morgan Stanley Smith Barney Kaiser I, LLC [Member]	'	'	'	'	'
Schedule of Investments [Line Items]	'	'	'	'	'
% of Partnership's Net Assets	0.00%	7.76%	0.00%	7.76%	7.76%
Fair Value	'	28,331,302	'	28,331,302	28,331,302
Income (Loss)	'	-334,965	-2,966,749	3,297,478	'
Clearing fees allocated from Funds	'	85,951	157,986	210,178	'
Other Expenses	'	24,962	49,710	77,347	'
Management Fee Expenses	'	142,637	284,057	441,494	'
Incentive Fee Expenses	'	196	'	631,591	'
Net Income (Loss)	'	($588,711)	($3,458,502)	$1,936,868	'

Financial_Instrument_Risks_Add

Financial Instrument Risks - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2014
Investments, All Other Investments [Abstract]	'
Minimum percentage of Funds' contracts traded over-the-counter	19.00%
Maximum percentage of Funds' contracts traded over-the-counter	35.10%
Maturity period of financial instruments	'1 year

Critical_Accounting_Policies_A

Critical Accounting Policies - Additional Information (Detail) (USD $)	Sep. 30, 2014	Dec. 31, 2013
Accounting Policies [Abstract]	'	'
Transfers of assets and liabilities between Level 1 and Level 2	$0	$0