Credit Facilities (Tables)

12 Months Ended

Dec. 31, 2011

CREDIT FACILITIES SUMMARY [Abstract]

Credit Faclities Summary [Table Text Block]

Amounts outstanding under our credit facilities are as follows (in thousands):

	Successor
	December 31, 2012		December 31, 2011
Syndicated warehouse facility			$	621,257
Lease warehouse facility – Canada	$	354,203	181,314
Medium term note facility			293,528
Wachovia funding facility			3,292
	$	354,203	$	1,099,391

Schedule of Line of Credit Facilities [Table Text Block]

Further detail regarding terms and availability of the credit facilities^(a) as of December 31, 2012, is as follows (in thousands):

Facility	Facility Amount		Advances Outstanding		Assets Pledged (f)		Restricted Cash Pledged (g)
Syndicated warehouse facility(b)	$	2,500,000					$	300
Lease warehouse facility – U.S.(c)	600,000
Lease warehouse facility – Canada(d)	803,455		$	354,203	$	540,399	2,609
GM Related Party Credit Facility(e)	300,000
			$	354,203	$	540,399	$	2,909

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(a) Does not include available borrowings on the GM Revolving Credit Facility. We may borrow against this facility for strategic initiatives and for general corporate purposes. Neither we, nor any of our subsidiaries, guarantee any obligations under this facility and none of our or our subsidiaries' assets secure this facility. There were no borrowings on this facility in fiscal 2012.

(b) In May 2013, when the revolving period ends, and if the facility is not renewed, any outstanding balance will be repaid over time based on the amortization of the receivables pledged until February 2020 when the remaining balance will be due and payable.

(c) In January 2013, the facility was renewed and extended to May 2014. In May 2014 when the revolving period ends, and if the facility is not renewed, the outstanding balance will be repaid over time based on the amortization of the leasing related assets pledged until November 2019 when any outstanding balance will be due and payable.

(d) In July 2013, when the revolving period ends, and if the facility is not renewed, the outstanding balance will be repaid over time based on the amortization of the leasing related assets pledged until January 2019 when any remaining amount outstanding will be due and payable. This facility amount represents C$800.0 million, advances outstanding of C$352.7 million, assets pledged of C$538.1 million and restricted cash pledged of C$2.6 million at December 31, 2012.

(e) In August 2012, we renewed the GM Related Party Credit Facility ("GM Related Party Credit Facility") with GM Holdings, with a maturity date of September 2013.

(f) Borrowings on the warehouse facilities are collateralized by finance receivables, while borrowings on the lease warehouse facilities are collateralized by leasing related assets.

(g) These amounts do not include cash collected on finance receivables and leasing related assets pledged of $11.9 million, which is also included in restricted cash – credit facilities on the consolidated balance she

Three Month Current Year Credit Facilty Metrics [Table Text Block]

(dollars in thousands):

Facility Type	Weighted Average Interest Rate		Average Amount Outstanding		Maximum Amount Outstanding
Syndicated warehouse facility	1.44	%	$	80,727	$	621,257
Lease warehouse facility – Canada(a)	2.70	%	298,212		370,076

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(a) Average amount outstanding and maximum amount outstanding represents C$296.9 million and C$368.5 million, respectively.

Three Month Prior Year Credit Facility Metrics [Table Text Block]

Year to Date Current Year Credit Facility Metrics [Table Text Block]

Year to Date Prior Year Credit Facility Metrics [Table Text Block]

he following table presents the average amount outstanding, the weighted average interest rate and maximum amount outstanding on the syndicated warehouse facility, lease warehouse facility – U.S. and lease warehouse facility – Canada during fiscal 2011 (dollars in thousands):

Facility Type	Weighted Average Interest Rate		Average Amount Outstanding		Maximum Amount Outstanding
Syndicated warehouse facility	1.56	%	$	296,576	$	826,859
Lease warehouse facility – U.S.	1.60	%	24,027		182,749
Lease warehouse facility – Canada(a)	2.69	%	40,849		181,314

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(a) Average amount outstanding and maximum amount outstanding represents C$41.6 million and C$184.6 million, respectively.