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Allowance for Losses
 12 Months Ended
Dec. 31, 2012
Receivables [Abstract]  
Allowance for Losses
Allowance for Losses

The following summarizes changes in the allowance for losses at December 31 (in millions):
 
2012
 
2011
Beginning balance
$
11.8

 
$
11.6

(Reversal) provision for losses
(0.6
)
 
0.2

Charges to allowance
(7.8
)
 
(0.5
)
Recoveries and other, including foreign exchange adjustments
1.2

 
0.5

Ending balance
$
4.6

 
$
11.8



The allowance for losses is comprised of general allowances for trade receivables and specific allowances for finance leases. As of December 31, 2012, general allowances for trade receivables were $3.4 million or 3.9% of rent and other receivables compared to $2.8 million or 3.7% at December 31, 2011. Specific allowances for finance leases were $1.2 million at December 31, 2012, compared to $9.0 million at December 31, 2011. The decrease in specific allowances was primarily related to the sale of a non-performing leveraged lease investment.