Income Tax Provision (Tables)

3 Months Ended

Jun. 30, 2015

Income Tax Disclosure [Abstract]

Summary of Deferred Taxes

Deferred taxes in the accompanying Condensed Statement of Net Assets in Liquidation at June 30, 2015 are comprised of the following components:

Deferred tax assets:
Reserves for expected costs of liquidation	$	11,362
Net operating and capital loss carryovers		108,377
Gross deferred tax assets		119,739
Less: Valuation allowance		(98,015	)
Deferred tax asset, net of valuation allowance		21,724
Deferred tax liabilities:
Fair value in excess of tax basis of holdings of New GM Securities		(21,253	)
Accrued interest		(471	)
Gross deferred tax liabilities		(21,724	)
Net deferred taxes	$	—