Condensed Consolidating Guarantor Financial Statements (Tables)

9 Months Ended

Sep. 30, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule of Condensed Balance Sheet [Table Text Block]

Condensed Consolidating Guarantor Balance Sheets

	September 30, 2013
	Parent		Guarantors		Non-guarantors		Consolidating Adjustments			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	9,711	$	—	$	58,135	$	(3,128	)	$	64,718
Restricted cash	32,880		—		1,302		—			34,182
Accounts receivable	640		11,256		356,350		—			368,246
Receivable from affiliates	752		15,189		244		(3,146		)	13,039
Inventories	—		1,164		45,445		—			46,609
Other current assets	2,417		330		12,420		—			15,167
Total current assets	46,400		27,939		473,896		(6,274		)	541,961
Property, plant and equipment	4,521		318,805		733,790		—			1,057,116
Equity method investments	1,475,019		524,300		228,076		(1,709,246		)	518,149
Goodwill	—		23,587		37,089		—			60,676
Other intangible assets	32		167,834		12,031		—			179,897
Other noncurrent assets, net	19,745		1,172		11,686		—			32,603
Total assets	$	1,545,717	$	1,063,637	$	1,496,568	$	(1,715,520	)	$	2,390,402
LIABILITIES AND OWNERS’ EQUITY
Current liabilities:
Accounts payable	$	104	$	44,888	$	258,680	$	—		$	303,672
Payable to affiliates	14		121		1,967		—			2,102
Accrued liabilities	14,715		8,026		58,773		(5		)	81,509
Payables to pre-petition creditors	32,317		—		55		—			32,372
Deferred revenue	—		—		18,835		—			18,835
Other current liabilities	97		714		8,309		—			9,120
Current portion of long-term debt	—		—		26		—			26
Total current liabilities	47,247		53,749		346,645		(5		)	447,636
Long-term debt	455,000		—		85,043		—			540,043
Deferred income taxes	976		—		52,612		—			53,588
Other noncurrent liabilities	46,358		—		49,060		—			95,418
Commitments and contingencies
Owners’ equity excluding noncontrolling interests in consolidated subsidiaries	996,136		1,009,888		710,848		(1,715,515		)	1,001,357
Noncontrolling interests in consolidated subsidiaries	—		—		252,360		—			252,360
Total owners’ equity	996,136		1,009,888		963,208		(1,715,515		)	1,253,717
Total liabilities and owners’ equity	$	1,545,717	$	1,063,637	$	1,496,568	$	(1,715,520	)	$	2,390,402

	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 September 30, 2013
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	63,623	$	231,404		$	(6,575	)	$	288,452
Service	—			1,174		35,228			—			36,402
Other	—			—		32,894			—			32,894
Total revenues	—			64,797		299,526			(6,575		)	357,748
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			47,657		214,472			(6,575		)	255,554
Operating	—			5,069		47,291			—			52,360
General and administrative	7,855			2,242		10,855			—			20,952
Depreciation and amortization	497			4,838		10,778			—			16,113
Loss (gain) on disposal of long-lived assets, net	—			679		(271		)	—			408
Total expenses	8,352			60,485		283,125			(6,575		)	345,387
Earnings from equity method investments	15,497			24,667		10,787			(43,468		)	7,483
Operating income	7,145			28,979		27,188			(43,468		)	19,844
Other expenses (income):
Interest expense	4,029			1,314		5,136			(1,399		)	9,080
Foreign currency transaction gain	—			—		(457		)	—			(457		)
Other expense, net	3,383			1		(112		)	1,399			4,671
Total other expenses, net	7,412			1,315		4,567			—			13,294
Income (loss) from continuing operations before income taxes	(267		)	27,664		22,621			(43,468		)	6,550
Income tax expense (benefit)	4,960			—		(1,547		)	—			3,413
Income (loss) from continuing operations	(5,227		)	27,664		24,168			(43,468		)	3,137
Loss from discontinued operations, net of income taxes	—			—		(2		)	—			(2		)
Net income (loss)	(5,227		)	27,664		24,166			(43,468		)	3,135
Less: net income attributable to noncontrolling interests	—			—		5,054			—			5,054
Net income (loss) attributable to SemGroup	$	(5,227	)	$	27,664	$	19,112		$	(43,468	)	$	(1,919	)
Net income (loss)	$	(5,227	)	$	27,664	$	24,166		$	(43,468	)	$	3,135
Other comprehensive income (loss), net of income taxes	(2,162		)	—		8,267			—			6,105
Comprehensive income (loss)	(7,389		)	27,664		32,433			(43,468		)	9,240
Less: comprehensive income attributable to noncontrolling interests	—			—		5,054			—			5,054
Comprehensive income (loss) attributable to SemGroup	$	(7,389	)	$	27,664	$	27,379		$	(43,468	)	$	4,186

	Three Months Ended September 30, 2012
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	28,781		$	182,672		$	(2,251	)	$	209,202
Service	—			282			29,518			—			29,800
Other	—			62			38,788			—			38,850
Total revenues	—			29,125			250,978			(2,251		)	277,852
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			23,483			168,598			(2,251		)	189,830
Operating	—			3,055			49,312			—			52,367
General and administrative	3,840			2,793			10,047			—			16,680
Depreciation and amortization	628			1,649			9,804			—			12,081
Gain on disposal of long-lived assets, net	—			(3		)	(3,612		)	—			(3,615		)
Total expenses	4,468			30,977			234,149			(2,251		)	267,343
Earnings from equity method investments	14,201			20,904			10,021			(42,010		)	3,116
Operating income	9,733			19,052			26,850			(42,010		)	13,625
Other expenses (income):
Interest expense	4,262			(2,230		)	1,346			(1,386		)	1,992
Foreign currency transaction loss	—			—			355			—			355
Other expense (income), net	8,152			(50		)	(134		)	1,386			9,354
Total other expenses, net	12,414			(2,280		)	1,567			—			11,701
Income (loss) from continuing operations before income taxes	(2,681		)	21,332			25,283			(42,010		)	1,924
Income tax expense	96			—			1,995			—			2,091
Income (loss) from continuing operations	(2,777		)	21,332			23,288			(42,010		)	(167		)
Loss from discontinued operations, net of income taxes	—			(4		)	(261		)	—			(265		)
Net income (loss)	(2,777		)	21,328			23,027			(42,010		)	(432		)
Less: net income attributable to noncontrolling interests	—			—			2,336			—			2,336
Net income (loss) attributable to SemGroup	$	(2,777	)	$	21,328		$	20,691		$	(42,010	)	$	(2,768	)
Net income (loss)	$	(2,777	)	$	21,328		$	23,027		$	(42,010	)	$	(432	)
Other comprehensive loss, net of income taxes	1,475			—			10,597			—			12,072
Comprehensive income (loss)	(1,302		)	21,328			33,624			(42,010		)	11,640
Less: comprehensive income attributable to noncontrolling interests	—			—			2,336			—			2,336
Comprehensive income (loss) attributable to SemGroup	$	(1,302	)	$	21,328		$	31,288		$	(42,010	)	$	9,304

	Nine Months Ended September 30, 2013
	Parent			Guarantors		Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—		$	146,880	$	634,117		$	(15,663	)	$	765,334
Service	—			1,646		94,091			—			95,737
Other	—			—		108,617			—			108,617
Total revenues	—			148,526		836,825			(15,663		)	969,688
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—			108,814		587,481			(15,663		)	680,632
Operating	—			13,041		149,772			—			162,813
General and administrative	15,983			6,347		32,557			—			54,887
Depreciation and amortization	1,504			8,898		31,161			—			41,563
Loss (gain) on disposal of long-lived assets, net	—			682		(812		)	—			(130		)
Total expenses	17,487			137,782		800,159			(15,663		)	939,765
Earnings from equity method investments	52,432			63,011		31,886			(107,640		)	39,689
Operating income	34,945			73,755		68,552			(107,640		)	69,612
Other expenses (income):
Interest expense	1,112			3,141		15,845			(4,127		)	15,971
Foreign currency transaction gain	—			—		(973		)	—			(973		)
Other expense (income), net	32,826			159		(341		)	4,127			36,771
Total other expenses, net	33,938			3,300		14,531			—			51,769
Income from continuing operations before income taxes	1,007			70,455		54,021			(107,640		)	17,843
Income tax benefit	(40,469		)	—		(836		)	—			(41,305		)
Income from continuing operations	41,476			70,455		54,857			(107,640		)	59,148
Income (loss) from discontinued operations, net of income taxes	—			66		(1		)	—			65
Net income	41,476			70,521		54,856			(107,640		)	59,213
Less: net income attributable to noncontrolling interests	—			—		14,429			—			14,429
Net income attributable to SemGroup	$	41,476		$	70,521	$	40,427		$	(107,640	)	$	44,784
Net income	$	41,476		$	70,521	$	54,856		$	(107,640	)	$	59,213
Other comprehensive income (loss), net of income taxes	190			—		(4,497		)	—			(4,307		)
Comprehensive income	41,666			70,521		50,359			(107,640		)	54,906
Less: comprehensive income attributable to noncontrolling interests	—			—		14,429			—			14,429
Comprehensive income attributable to SemGroup	$	41,666		$	70,521	$	35,930		$	(107,640	)	$	40,477

	Nine Months Ended September 30, 2012
	Parent		Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Revenues:
Product	$	—	$	86,158		$	629,770		$	(7,520	)	$	708,408
Service	—		951			85,776			—			86,727
Other	—		69			126,456			—			126,525
Total revenues	—		87,178			842,002			(7,520		)	921,660
Expenses:
Costs of products sold, exclusive of depreciation and amortization shown below	—		68,874			589,929			(7,520		)	651,283
Operating	—		9,255			163,495			—			172,750
General and administrative	16,528		6,109			30,436			—			53,073
Depreciation and amortization	1,938		4,707			29,042			—			35,687
Gain on disposal of long-lived assets, net	—		(3		)	(3,493		)	—			(3,496		)
Total expenses	18,466		88,942			809,409			(7,520		)	909,297
Earnings from equity method investments	36,721		39,992			25,053			(78,863		)	22,903
Operating income	18,255		38,228			57,646			(78,863		)	35,266
Other expenses (income):
Interest expense	4,064		(915		)	8,609			(3,995		)	7,763
Foreign currency transaction loss	—		—			358			—			358
Other expense (income), net	12,902		(19		)	(95		)	3,995			16,783
Total other expenses (income), net	16,966		(934		)	8,872			—			24,904
Income from continuing operations before income taxes	1,289		39,162			48,774			(78,863		)	10,362
Income tax expense	286		—			699			—			985
Income from continuing operations	1,003		39,162			48,075			(78,863		)	9,377
Income (loss) from discontinued operations, net of income taxes	3		(11		)	(448		)	—			(456		)
Net income	1,006		39,151			47,627			(78,863		)	8,921
Less: net income attributable to noncontrolling interests	—		—			7,915			—			7,915
Net income attributable to SemGroup	$	1,006	$	39,151		$	39,712		$	(78,863	)	$	1,006
Net income	$	1,006	$	39,151		$	47,627		$	(78,863	)	$	8,921
Other comprehensive income, net of income taxes	984		—			13,946			—			14,930
Comprehensive income	1,990		39,151			61,573			(78,863		)	23,851
Less: comprehensive income attributable to noncontrolling interests	—		—			7,915			—			7,915
Comprehensive income attributable to SemGroup	$	1,990	$	39,151		$	53,658		$	(78,863	)	$	15,936

Schedule of Condensed Cash Flow Statement [Table Text Block]

Condensed Consolidating Guarantor Statements of Cash Flows

	Nine Months Ended September 30, 2013
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by operating activities	$	19,717		$	16,424		$	74,197		$	(13,819	)	$	96,519
Cash flows from investing activities:
Capital expenditures	(622		)	(65,845		)	(65,183		)	—			(131,650		)
Proceeds from sale of long-lived assets	—			3			1,045			—			1,048
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	(18,775		)	(28,031		)	(96,657		)	—			(143,463		)
Payments to acquire businesses	—			(306,232		)	(49,969		)	—			(356,201		)
Distributions in excess of equity in earnings of affiliates	5,541			—			7,550			—			13,091
Net cash provided by (used in) investing activities	175,644			(400,105		)	(203,214		)	(189,500		)	(617,175		)
Cash flows from financing activities:
Debt issuance costs	(9,037		)	—			(2,828		)	—			(11,865		)
Borrowings on credit facilities	575,000			—			353,474			—			928,474
Principal payments on credit facilities and other obligations	(321,500		)	—			(272,903		)	—			(594,403		)
Proceeds from issuance of Rose Rock Midstream, L.P. common units, net of offering costs	—			—			210,226			—			210,226
Distributions to noncontrolling interests	—			—			(11,458		)	—			(11,458		)
Proceeds from warrant exercises	225			—			—			—			225
Repurchase of stock-based awards for payment of statutory taxes due on stock-based compensation	(371		)	—			—			—			(371		)
Dividends paid	(16,387		)	—			—			—			(16,387		)
Intercompany borrowings (advances), net	(432,703		)	383,681			(154,107		)	203,129			—
Net cash provided by (used in) financing activities	(204,773		)	383,681			122,404			203,129			504,441
Effect of exchange rate changes on cash and cash equivalents	—			—			904			—			904
Change in cash and cash equivalents	(9,412		)	—			(5,709		)	(190		)	(15,311		)
Cash and cash equivalents at beginning of period	19,123			—			63,844			(2,938		)	80,029
Cash and cash equivalents at end of period	$	9,711		$	—		$	58,135		$	(3,128	)	$	64,718

	Nine Months Ended September 30, 2012
	Parent			Guarantors			Non-guarantors			Consolidating Adjustments			Consolidated
Net cash provided by (used in) operating activities	$	(4,374	)	$	11,105		$	58,353		$	(13,326	)	$	51,758
Cash flows from investing activities:
Capital expenditures	(1,621		)	(41,706		)	(38,796		)	—			(82,123		)
Proceeds from sale of long-lived assets	—			12			335			—			347
Investments in non-consolidated subsidiaries	(1,740		)	(62,464		)	205			—			(63,999		)
Proceeds from the sale of non-consolidated affiliate	—			—			3,500			—			3,500
Distributions in excess of equity in earnings of affiliates	5,062			—			5,507			—			10,569
Net cash provided by (used in) investing activities	1,701			(104,158		)	(29,249		)	—			(131,706		)
Cash flows from financing activities:
Debt issuance costs	(455		)	—			(239		)	—			(694		)
Borrowings on credit facilities	184,000			—			76,500			—			260,500
Principal payments on credit facilities and other obligations	(76,500		)	—			(102,501		)	—			(179,001		)
Distributions to noncontrolling interests	—			—			(5,754		)	—			(5,754		)
Repurchase of stock-based awards for payment of statutory taxes due on stock-based compensation	(242		)	—			—			—			(242		)
Intercompany borrowing (advances), net	(98,381		)	93,053			(8,086		)	13,414			—
Net cash provided by (used in) financing activities	8,422			93,053			(40,080		)	13,414			74,809
Effect of exchange rate changes on cash and cash equivalents	—			—			(977		)	—			(977		)
Change in cash and cash equivalents	5,749			—			(11,953		)	88			(6,116		)
Change in cash and cash equivalents included in discontinued operations	—			—			(36		)	—			(36		)
Change in cash and cash equivalents from continuing operations	5,749			—			(11,989		)	88			(6,152		)
Cash and cash equivalents at beginning of period	111			—			76,264			(2,762		)	73,613
Cash and cash equivalents at end of period	$	5,860		$	—		$	64,275		$	(2,674	)	$	67,461