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Condensed Statements of Net Assets in Liquidation (Liquidation Basis) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Mar. 31, 2012
ASSETS    
Cash and Cash Equivalents $ 2,414 $ 38,396
Marketable Securities 75,045 86,571
Holdings of New GM Securities 1,251,821 1,530,262
Other Assets & Deposits 2,065 2,662
TOTAL ASSETS 1,331,345 1,657,891
LIABILITIES    
Accounts Payable & Other Liabilities 12,927 26,276
Liquidating Distributions payable 54,757 31,720
Deferred Tax Liability 20,318 108,583
Avoidance Action Trust Funding Obligation   13,715
Reserves for Residual Wind Down Claims 30,973 32,247
Reserves for Expected Costs of Liquidation 61,663 76,111
TOTAL LIABILITIES 180,638 288,652
NET ASSETS IN LIQUIDATION $ 1,150,707 $ 1,369,239