Derivative Financial Instruments And Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2013

DERIVATIVE FINANCIAL INSTRUMENTS AND HEDGING ACTIVITIES [Abstract]

Schedule of Interest Rate Derivatives [Table Text Block]

consist of the following (in thousands):

	March 31, 2013				December 31, 2012
	Notional		Fair Value(b)		Notional		Fair Value(b)
Assets
Interest rate swaps(a)					$	24,126	$	133
Interest rate caps(a)	$	1,654,098	$	784	750,983		386
Foreign exchange swaps(a)(c)	1,500,000		2,221
Total assets	$	3,154,098	$	3,005	$	775,109	$	519
Liabilities
Interest rate swaps					$	24,126	$	133
Interest rate caps	$	1,654,098	$	795	750,983		394
Foreign exchange swaps(c)	1,500,000		2,257
Total liabilities	$	3,154,098	$	3,052	$	775,109	$	527

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Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

.

In connection with the closing of the acquisition of certain international operations from Ally Financial Inc. ("Ally Financial"), we provided a loan denominated in foreign currencies (Euro, British Pound and Swedish Krona) to an acquired entity for the equivalent of $1.5 billion. In March 2013, we entered into foreign exchange swaps to hedge against any valuation change in the loan due to changes in foreign exchange rates. Refer to Note 14 - "Subsequent Events" to our condensed consolidated financial statements for additional information on the acquisition.