Equity (Tables)

3 Months Ended

Mar. 31, 2013

Stockholders' Equity Note [Abstract]

Changes In Condensed Consolidated Owners' Equity

The following table shows the changes in our consolidated owners’ equity accounts from December 31, 2012 to March 31, 2013 (in thousands):

	Common Stock		Additional Paid-in Capital			Treasury Stock			Accumulated Deficit			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interests			Total Owners’ Equity
Balance at December 31, 2012	$	420	$	1,039,189		$	(242	)	$	(145,674	)	$	(1,299	)	$	129,134		$	1,021,528
Net income	—		—			—			43,423			—			5,143			48,566
Other comprehensive income, net of income taxes	—		—			—			—			(5,058		)	—			(5,058		)
Distributions to noncontrolling interests	—		—			—			—			—			(3,624		)	(3,624		)
Rose Rock Midstream, L.P. equity issuance	—		—			—			—			—			57,886			57,886
Transfer of SemCrude Pipeline interest to Rose Rock*	—		56,800			—			—			—			(90,516		)	(33,716		)
Non-cash equity compensation	—		1,040			—			—			—			143			1,183
Issuance of common stock under compensation plans	1		(1		)	—			—			—			—			—
Repurchase of common stock	—		—			(371		)	—			—			—			(371		)
Balance at March 31, 2013	$	421	$	1,097,028		$	(613	)	$	(102,251	)	$	(6,357	)	$	98,166		$	1,086,394

* On January 13, 2013, we contributed a 33% interest in SemCrude Pipeline, L.L.C. to our consolidated subsidiary, Rose Rock. As this transaction was between entities under common control, the interest in SemCrude Pipeline, L.L.C. was recorded by Rose Rock based on SemGroup's book value. This amount represents the purchase price in excess of book value which was attributed to the noncontrolling interest owners of Rose Rock.

Components of Accumulated Other Comprehensive Loss

The following table presents the changes in the components of accumulated other comprehensive income (loss) from December 31, 2012 to March 31, 2013 (in thousands):

	Currency Translation			Employee Benefit Plans			Total
Balance, December 31, 2012	$	1,855		$	(3,154	)	$	(1,299	)
Currency translation adjustment	(5,104		)	—			(5,104		)
Changes related to benefit plans, net of income tax expense of $16	—			46			46
Balance, March 31, 2013	$	(3,249	)	$	(3,108	)	$	(6,357	)

Schedule of Common Stock Reflected On The Condensed Consolidated Balance Sheet

The shares of common stock reflected on the condensed consolidated balance sheet at March 31, 2013 are summarized below:

Shares issued on Emergence Date	40,882,496
Shares subsequently issued in settlement of pre-petition claims	225,393
Remaining shares required to be issued in settlement of pre-petition claims	292,107
Issuance of shares under employee and director compensation programs(*)	667,930
Shares issued upon exercise of warrants	15,742
Total shares	42,083,668
Par value per share	$	0.01
Common stock on March 31, 2013 balance sheet (in thousands)	$	421

(*) These shares include 84,348 shares which vested during the three months ended March 31, 2013. Of these vested shares, recipients sold back to the Company 8,591 shares to satisfy tax withholding obligations which are being recognized at cost as treasury stock on the condensed consolidated balance sheet.

Schedule of Warrants Reflected On The Condensed Consolidated Balance Sheet

The warrants reflected on the condensed consolidated balance sheet at March 31, 2013 are summarized below:

Warrants issued on Emergence Date	1,634,210
Warrants subsequently issued in settlement of pre-petition claims	237,242
Remaining warrants to be issued in settlement of pre-petition claims	307,495
Warrants exercised (*)	(45,348		)
Total warrants at March 31, 2013	2,133,599
Fair value per warrant at March 31, 2013	$	27.49
Warrant value included within other noncurrent liabilities on March 31, 2013 consolidated balance sheet	$	58,652,637