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Goodwill

12 Months Ended

Dec. 31, 2012

Goodwill [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill

As noted above in Note 1 – "Summary of Significant Accounting Policies - Purchase Accounting", the Merger with GM resulted in goodwill attributable to the difference between the excess of the purchase price over the fair value of the assets and liabilities acquired. See Note 2 – "Financial Statement Effects of the Merger" for details of the purchase price allocation.

On April 1, 2011, we acquired FinanciaLinx Corporation ("FinanciaLinx"), an independent auto lease provider in Canada. The total consideration we paid in the all-cash transaction was approximately $9.6 million. Purchase accounting for the acquisition resulted in goodwill of $13.8 million.

We performed goodwill impairment testing as of October 1, 2012, in accordance with the policy described in Note 1 - "Summary of Significant Accounting Policies - Goodwill". The impairment testing resulted in no impairment.

A summary of changes to goodwill is as follows (in thousands):



	Successor
	Year Ended December 31, 2012				Year Ended December 31, 2011
	Year Ended December 31, 2012				Year Ended December 31, 2011
Balance at beginning of the period	$	1,107,982			$	1,094,923
Acquisition					13,773
Foreign currency translation	296				(714		)
Balance at end of the period	$	1,108,278			$	1,107,982

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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