Condensed Consolidating Guarantor Financial Statements (Tables)

6 Months Ended

Jun. 30, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Guarantor Balance Sheets

	June 30, 2013
	Parent		Guarantors		Non-guarantors		Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	234,732	$	—	$	68,254	$	(4,220	)	$	298,766
Restricted cash	33,050		—		1,282		—			34,332
Accounts receivable	1,325		8,172		338,180		—			347,677
Receivable from affiliates	671		10,344		—		(2,421		)	8,594
Inventories	—		267		34,102		—			34,369
Other current assets	3,016		447		12,822		—			16,285
Total current assets	272,794		19,230		454,640		(6,641		)	740,023
Property, plant and equipment	4,837		157,563		671,191		—			833,591
Equity method investments	1,081,478		484,868		193,709		(1,293,816		)	466,239
Goodwill	—		—		9,916		—			9,916
Other intangible assets	33		—		6,778		—			6,811
Other noncurrent assets, net	28,277		1,176		10,618		—			40,071
Total assets	$	1,387,419	$	662,837	$	1,346,852	$	(1,300,457	)	$	2,096,651
LIABILITIES AND OWNERS’ EQUITY
Current liabilities:
Accounts payable	$	318	$	17,505	$	235,149	$	—		$	252,972
Accrued liabilities	8,507		7,193		51,880		(1		)	67,579
Payables to pre-petition creditors	32,313		—		54		—			32,367
Deferred revenue	—		—		17,736		—			17,736
Other current liabilities	100		726		6,961		(42		)	7,745
Current portion of long-term debt	—		—		4,349		—			4,349
Total current liabilities	41,238		25,424		316,129		(43		)	382,748
Long-term debt	300,000		—		166,549		—			466,549
Deferred income taxes	535		—		55,412		—			55,947
Other noncurrent liabilities	41,818		—		47,484		—			89,302
Commitments and contingencies
Owners’ equity excluding noncontrolling interests in consolidated subsidiaries	1,003,828		637,413		663,001		(1,300,414		)	1,003,828
Noncontrolling interests in consolidated subsidiaries	—		—		98,277		—			98,277
Total owners’ equity	1,003,828		637,413		761,278		(1,300,414		)	1,102,105
Total liabilities and owners’ equity	$	1,387,419	$	662,837	$	1,346,852	$	(1,300,457	)	$	2,096,651

	December 31, 2012
	Parent		Guarantors		Non-guarantors		Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	19,123	$	—	$	63,844	$	(2,938	)	$	80,029
Restricted cash	33,324		—		1,354		—			34,678
Accounts receivable	1,155		7,927		337,087		—			346,169
Receivable from affiliates	827		7,222		109		(1,980		)	6,178
Inventories	—		181		34,252		—			34,433
Other current assets	2,528		312		15,676		—			18,516
Total current assets	56,957		15,642		452,322		(4,918		)	520,003
Property, plant and equipment	5,399		122,899		686,426		—			814,724
Equity method investments	1,104,832		468,033		138,970		(1,324,033		)	387,802
Goodwill	—		—		9,884		—			9,884
Other intangible assets	36		—		7,549		—			7,585
Other noncurrent assets, net	3,606		1,317		3,258		—			8,181
Total assets	$	1,170,830	$	607,891	$	1,298,409	$	(1,328,951	)	$	1,748,179
LIABILITIES AND OWNERS’ EQUITY
Current liabilities:
Accounts payable	$	70	$	12,304	$	241,249	$	—		$	253,623
Accrued liabilities	8,972		4,546		50,313		—			63,831
Payables to pre-petition creditors	32,876		—		57		—			32,933
Deferred revenue	—		—		18,973		—			18,973
Other current liabilities	134		580		4,263		(17		)	4,960
Current portion of long-term debt	—		—		24		—			24
Total current liabilities	42,052		17,430		314,879		(17		)	374,344
Long-term debt	201,500		—		4,562		—			206,062
Deferred income taxes	2,018		—		63,602		—			65,620
Other noncurrent liabilities	32,866		—		47,759		—			80,625
Commitments and contingencies
Owners’ equity excluding noncontrolling interests in consolidated subsidiaries	892,394		590,461		738,473		(1,328,934		)	892,394
Noncontrolling interests in consolidated subsidiaries	—		—		129,134		—			129,134
Total owners’ equity	892,394		590,461		867,607		(1,328,934		)	1,021,528
Total liabilities and owners’ equity	$	1,170,830	$	607,891	$	1,298,409	$	(1,328,951	)	$	1,748,179

Schedule of Condensed Income Statement [Table Text Block]

Condensed Consolidating Guarantor Statements of Operations

	Three Months Ended June 30, 2013
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	45,623		$	200,649		$	(5,019	)	$	241,253
Service	—			223			31,455			—			31,678
Other	—			—			51,313			—			51,313
Total revenues	—			45,846			283,417			(5,019		)	324,244
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			32,682			185,046			(5,019		)	212,709
Operating	—			4,001			65,681			—			69,682
General and administrative	4,210			2,069			10,619			—			16,898
Depreciation and amortization	482			2,082			10,250			—			12,814
Gain on disposal of long-lived assets, net	—			(5		)	(371		)	—			(376		)
Total expenses	4,692			40,829			271,225			(5,019		)	311,727
Earnings from equity method investments	20,358			19,796			10,661			(35,954		)	14,861
Operating income	15,666			24,813			22,853			(35,954		)	27,378
Other expenses (income):
Interest expense	(901		)	1,024			4,372			—			4,495
Foreign currency transaction gain	—			—			(349		)	—			(349		)
Other expense, net	5,009			—			1,458			—			6,467
Total other expenses, net	4,108			1,024			5,481			—			10,613
Income from continuing operations before income taxes	11,558			23,789			17,372			(35,954		)	16,765
Income tax expense	7,989			—			1,299			—			9,288
Income from continuing operations	3,569			23,789			16,073			(35,954		)	7,477
Income (loss) from discontinued operations, net of income taxes	—			36			(1		)	—			35
Net income	3,569			23,825			16,072			(35,954		)	7,512
Less: net income attributable to noncontrolling interests	—			—			3,943			—			3,943
Net income attributable to SemGroup	$	3,569		$	23,825		$	12,129		$	(35,954	)	$	3,569
Net income	$	3,569		$	23,825		$	16,072		$	(35,954	)	$	7,512
Other comprehensive income (loss), net of income taxes	936			—			(6,290		)	—			(5,354		)
Comprehensive income	4,505			23,825			9,782			(35,954		)	2,158
Less: comprehensive income attributable to noncontrolling interests	—			—			3,943			—			3,943
Comprehensive income (loss) attributable to SemGroup	$	4,505		$	23,825		$	5,839		$	(35,954	)	$	(1,785	)

	Three Months Ended June 30, 2012
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	25,114	$	214,996		$	(2,539	)	$	237,571
Service	—			317		29,298			—			29,615
Other	—			—		64,591			—			64,591
Total revenues	—			25,431		308,885			(2,539		)	331,777
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			19,473		203,002			(2,539		)	219,936
Operating	—			3,349		79,040			—			82,389
General and administrative	6,459			1,414		8,688			—			16,561
Depreciation and amortization	634			1,576		9,672			—			11,882
Loss on disposal of long-lived assets, net	—			—		119			—			119
Total expenses	7,093			25,812		300,521			(2,539		)	330,887
Earnings from equity method investments	14,188			13,659		8,470			(24,028		)	12,289
Operating income	7,095			13,278		16,834			(24,028		)	13,179
Other expenses (income):
Interest expense	(231		)	770		2,983			(1,408		)	2,114
Foreign currency transaction gain	—			—		(35		)	—			(35		)
Other expense, net	2,085			5		10			1,408			3,508
Total other expenses, net	1,854			775		2,958			—			5,587
Income from continuing operations before income taxes	5,241			12,503		13,876			(24,028		)	7,592
Income tax expense (benefit)	95			—		(187		)	—			(92		)
Income (loss) from continuing operations	5,146			12,503		14,063			(24,028		)	7,684
Income (loss) from discontinued operations, net of income taxes	1			—		(442		)	—			(441		)
Net income	5,147			12,503		13,621			(24,028		)	7,243
Less: net income attributable to noncontrolling interests	—			—		2,096			—			2,096
Net income attributable to SemGroup	$	5,147		$	12,503	$	11,525		$	(24,028	)	$	5,147
Net income	$	5,147		$	12,503	$	13,621		$	(24,028	)	$	7,243
Other comprehensive loss, net of income taxes	(1,486		)	—		(8,411		)	—			(9,897		)
Comprehensive income (loss)	3,661			12,503		5,210			(24,028		)	(2,654		)
Less: comprehensive income attributable to noncontrolling interests	—			—		2,096			—			2,096
Comprehensive income (loss) attributable to SemGroup	$	3,661		$	12,503	$	3,114		$	(24,028	)	$	(4,750	)

	Six Months Ended June 30, 2013
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	83,257	$	402,713		$	(9,088	)	$	476,882
Service	—			471		58,864			—			59,335
Other	—			—		75,723			—			75,723
Total revenues	—			83,728		537,300			(9,088		)	611,940
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			61,156		373,010			(9,088		)	425,078
Operating	—			7,972		102,481			—			110,453
General and administrative	8,128			4,105		21,702			—			33,935
Depreciation and amortization	1,007			4,060		20,383			—			25,450
(Gain) loss on disposal of long-lived assets, net	—			3		(541		)	—			(538		)
Total expenses	9,135			77,296		517,035			(9,088		)	594,378
Earnings from equity method investments	37,245			38,343		21,100			(64,482		)	32,206
Operating income	28,110			44,775		41,365			(64,482		)	49,768
Other expenses (income):
Interest expense	(2,917		)	1,827		7,981			—			6,891
Foreign currency transaction gain	—			—		(516		)	—			(516		)
Other expense, net	29,443			158		2,499			—			32,100
Total other expenses, net	26,526			1,985		9,964			—			38,475
Income from continuing operations before income taxes	1,584			42,790		31,401			(64,482		)	11,293
Income tax (benefit) expense	(45,429		)	—		711			—			(44,718		)
Income from continuing operations	47,013			42,790		30,690			(64,482		)	56,011
Income from discontinued operations, net of income taxes	—			66		1			—			67
Net income	47,013			42,856		30,691			(64,482		)	56,078
Less: net income attributable to noncontrolling interests	—			—		9,065			—			9,065
Net income attributable to SemGroup	$	47,013		$	42,856	$	21,626		$	(64,482	)	$	47,013
Net income	$	47,013		$	42,856	$	30,691		$	(64,482	)	$	56,078
Other comprehensive income (loss), net of income taxes	2,352			—		(12,764		)	—			(10,412		)
Comprehensive income	49,365			42,856		17,927			(64,482		)	45,666
Less: comprehensive income attributable to noncontrolling interests	—			—		9,065			—			9,065
Comprehensive income attributable to SemGroup	$	49,365		$	42,856	$	8,862		$	(64,482	)	$	36,601

	Six Months Ended June 30, 2012
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	57,377	$	447,098		$	(5,269	)	$	499,206
Service	—			669		56,259			—			56,928
Other	—			7		87,667			—			87,674
Total revenues	—			58,053		591,024			(5,269		)	643,808
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			45,391		421,335			(5,269		)	461,457
Operating	—			6,200		114,180			—			120,380
General and administrative	12,688			3,323		20,380			—			36,391
Depreciation and amortization	1,310			3,058		19,239			—			23,607
Loss on disposal of long-lived assets, net	—			—		119			—			119
Total expenses	13,998			57,972		575,253			(5,269		)	641,954
Earnings from equity method investments	22,512			24,669		15,042			(42,436		)	19,787
Operating income	8,514			24,750		30,813			(42,436		)	21,641
Other expenses (income):
Interest expense	(198		)	1,315		7,265			(2,609		)	5,773
Foreign currency transaction loss	—			—		2			—			2
Other expense, net	4,750			31		38			2,609			7,428
Total other expenses, net	4,552			1,346		7,305			—			13,203
Income from continuing operations before income taxes	3,962			23,404		23,508			(42,436		)	8,438
Income tax expense (benefit)	190			—		(1,294		)	—			(1,104		)
Income from continuing operations	3,772			23,404		24,802			(42,436		)	9,542
Income (loss) from discontinued operations, net of income taxes	2			—		(191		)	—			(189		)
Net income	3,774			23,404		24,611			(42,436		)	9,353
Less: net income attributable to noncontrolling interests	—			—		5,579			—			5,579
Net income attributable to SemGroup	$	3,774		$	23,404	$	19,032		$	(42,436	)	$	3,774
Net income	$	3,774		$	23,404	$	24,611		$	(42,436	)	$	9,353
Other comprehensive income (loss), net of income taxes	(491		)	—		3,349			—			2,858
Comprehensive income	3,283			23,404		27,960			(42,436		)	12,211
Less: comprehensive income attributable to noncontrolling interests	—			—		5,579			—			5,579
Comprehensive income attributable to SemGroup	$	3,283		$	23,404	$	22,381		$	(42,436	)	$	6,632

Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Guarantor Statements of Cash Flows

	Six Months Ended June 30, 2013
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by operating activities	14,394			(1,839		)	39,478			3,403			55,436
Cash flows from investing activities:
Capital expenditures	(442		)	(36,531		)	(22,904		)	—			(59,877		)
Proceeds from sale of long-lived assets	—			3			541			—			544
Proceeds from the sale of interest in SemCrude Pipeline, L.L.C. to Rose Rock Midstream L.P.	189,500			—			—			(189,500		)	—
Investments in non-consolidated subsidiaries	—			(21,290		)	(60,321		)	—			(81,611		)
Distributions in excess of equity in earnings of affiliates	—			—			5,582			—			5,582
Net cash used in investing activities	189,058			(57,818		)	(77,102		)	(189,500		)	(135,362		)
Cash flows from financing activities:
Debt issuance costs	(8,651		)	—			(1,612		)	—			(10,263		)
Borrowings on credit facilities	394,500			—			255,474			—			649,974
Principal payments on credit facilities and other obligations	(296,000		)	—			(89,012		)	—			(385,012		)
Proceeds from issuance of Rose Rock Midstream, L.P. common units, net of offering costs	—			—			57,751			—			57,751
Distributions to noncontrolling interests	—			—			(7,496		)	—			(7,496		)
Proceeds from warrant exercises	224			—			—			—			224
Repurchase of stock-based awards for payment of statutory taxes due on stock-based compensation	(371		)	—			—			—			(371		)
Dividends paid	(7,939		)	—			—			—			(7,939		)
Intercompany borrowings (advances), net	(69,606		)	59,657			(174,866		)	184,815			—
Net cash provided by financing activities	12,157			59,657			40,239			184,815			296,868
Effect of exchange rate changes on cash and cash equivalents	—			—			1,795			—			1,795
Change in cash and cash equivalents	215,609			—			4,410			(1,282		)	218,737
Cash and cash equivalents at beginning of period	19,123			—			63,844			(2,938		)	80,029
Cash and cash equivalents at end of period	$	234,732		$	—		$	68,254		$	(4,220	)	$	298,766

	Six Months Ended June 30, 2012
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by operating activities	(1,004		)	214			32,711			(7,769		)	24,152
Cash flows from investing activities:
Capital expenditures	(928		)	(17,903		)	(24,686		)	—			(43,517		)
Proceeds from sale of long-lived assets	—			167			34			—			201
Investments in non-consolidated subsidiaries	(1,512		)	(1,935		)	—			—			(3,447		)
Distributions in excess of equity in earnings of affiliates	234			—			4,735			—			4,969
Net cash used in investing activities	(2,206		)	(19,671		)	(19,917		)	—			(41,794		)
Cash flows from financing activities:
Debt issuance costs	(80		)	—			(52		)	—			(132		)
Borrowings on credit facilities	92,000			—			73,500			—			165,500
Principal payments on credit facilities and other obligations	(55,500		)	—			(98,740		)	—			(154,240		)
Proceeds from issuance of Rose Rock Midstream, L.P. common units, net of offering costs	—			—			—			—			—
Distributions to noncontrolling interests	—			—			(3,077		)	—			(3,077		)
Repurchase of stock-based awards for payment of statutory taxes due on stock-based compensation	(242		)	—			—			—			(242		)
Intercompany borrowing (advances), net	(30,836		)	19,457			1,783			9,596			—
Net cash provided by (used in) financing activities	5,342			19,457			(26,586		)	9,596			7,809
Effect of exchange rate changes on cash and cash equivalents	—			—			1,206			—			1,206
Change in cash and cash equivalents	2,132			—			(12,586		)	1,827			(8,627		)
Change in cash and cash equivalents included in discontinued operations	—			—			214			—			214
Change in cash and cash equivalents from continuing operations	2,132			—			(12,372		)	1,827			(8,413		)
Cash and cash equivalents at beginning of period	111			—			76,264			(2,762		)	73,613
Cash and cash equivalents at end of period	$	2,243		$	—		$	63,892		$	(935	)	$	65,200