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Subsequent Events | 12 Months Ended
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Dec. 31, 2011
Subsequent Events [Abstract] |
Subsequent Events |
13. | Subsequent Events
Subsequent to December 31, 2011, Sonic disposed of two dealerships, which generated cash from disposition of approximately $13.0 million on the disposal of approximately $7.2 million of net assets. Total revenues for these dealerships totaled approximately $64.5 million, $59.8 million and $54.5 million for the years ended December 31, 2011, 2010 and 2009, respectively. The results of operations for these disposed dealerships are included in continuing operations for the years ended December 31, 2011, 2010 and 2009 in the Consolidated Statements of Income.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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