XML 80 R2.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 40,598us-gaap_CashAndCashEquivalentsAtCarryingValue $ 79,351us-gaap_CashAndCashEquivalentsAtCarryingValue
Restricted cash 6,980us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue 5,119us-gaap_RestrictedCashAndCashEquivalentsAtCarryingValue
Accounts receivable (net of allowance of $3,260 and $3,661 at December 31, 2014 and 2013, respectively) 351,334us-gaap_AccountsReceivableNetCurrent 323,965us-gaap_AccountsReceivableNetCurrent
Receivable from affiliates 16,819us-gaap_DueFromRelatedPartiesCurrent 67,273us-gaap_DueFromRelatedPartiesCurrent
Inventories 43,532us-gaap_InventoryNet 44,295us-gaap_InventoryNet
Other current assets 20,017us-gaap_OtherAssetsCurrent 14,011us-gaap_OtherAssetsCurrent
Total current assets 479,280us-gaap_AssetsCurrent 534,014us-gaap_AssetsCurrent
Property, plant and equipment (net of accumulated depreciation of $245,629 and $188,720 at December 31, 2014 and 2013, respectively) 1,256,825us-gaap_PropertyPlantAndEquipmentNet 1,105,728us-gaap_PropertyPlantAndEquipmentNet
Equity method investments 577,920us-gaap_EquityMethodInvestments 565,124us-gaap_EquityMethodInvestments
Goodwill 58,326us-gaap_Goodwill 62,021us-gaap_Goodwill
Other intangible assets (net of accumulated amortization of $20,545 and $12,655 at December 31, 2014 and 2013, respectively) 173,065us-gaap_FiniteLivedIntangibleAssetsNet 174,838us-gaap_FiniteLivedIntangibleAssetsNet
Other noncurrent assets, net 44,386us-gaap_OtherAssetsNoncurrent 28,889us-gaap_OtherAssetsNoncurrent
Total assets 2,589,802us-gaap_Assets 2,470,614us-gaap_Assets
Current liabilities:    
Accounts payable 257,177us-gaap_AccountsPayableCurrent 254,467us-gaap_AccountsPayableCurrent
Payable to affiliates 13,460us-gaap_DueToRelatedPartiesCurrent 62,279us-gaap_DueToRelatedPartiesCurrent
Accrued liabilities 92,694us-gaap_AccruedLiabilitiesCurrent 83,429us-gaap_AccruedLiabilitiesCurrent
Payables to pre-petition creditors 3,129semg_PayableToPrePetitionCreditors 3,177semg_PayableToPrePetitionCreditors
Warrant liability 0us-gaap_WarrantsAndRightsOutstanding 58,134us-gaap_WarrantsAndRightsOutstanding
Deferred revenue 23,688us-gaap_DeferredRevenueCurrent 25,538us-gaap_DeferredRevenueCurrent
Other current liabilities 1,474us-gaap_OtherLiabilitiesCurrent 12,153us-gaap_OtherLiabilitiesCurrent
Current portion of long-term debt 40us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent 37us-gaap_LongTermDebtAndCapitalLeaseObligationsCurrent
Total current liabilities 391,662us-gaap_LiabilitiesCurrent 499,214us-gaap_LiabilitiesCurrent
Long-term debt 767,092us-gaap_LongTermDebtAndCapitalLeaseObligations 615,088us-gaap_LongTermDebtAndCapitalLeaseObligations
Deferred income taxes 161,956us-gaap_DeferredTaxLiabilitiesNoncurrent 100,945us-gaap_DeferredTaxLiabilitiesNoncurrent
Other noncurrent liabilities 49,655us-gaap_OtherLiabilitiesNoncurrent 41,504us-gaap_OtherLiabilitiesNoncurrent
Commitments and contingencies (Note 17)      
SemGroup Corporation owners’ equity:    
Common stock, $0.01 par value (authorized - 100,000 shares; issued - 44,689 and 42,898 shares, respectively) 436us-gaap_CommonStockValue 425us-gaap_CommonStockValue
Additional paid-in capital 1,245,877us-gaap_AdditionalPaidInCapitalCommonStock 1,154,516us-gaap_AdditionalPaidInCapitalCommonStock
Treasury stock, at cost (862 and 437 shares, respectively) (1,332)us-gaap_TreasuryStockValue (613)us-gaap_TreasuryStockValue
Accumulated deficit (68,332)us-gaap_RetainedEarningsAccumulatedDeficit (97,572)us-gaap_RetainedEarningsAccumulatedDeficit
Accumulated other comprehensive loss (27,141)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax (2,854)us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTax
Total SemGroup Corporation owners’ equity 1,149,508us-gaap_StockholdersEquity 1,053,902us-gaap_StockholdersEquity
Noncontrolling interests in consolidated subsidiaries 69,929us-gaap_MinorityInterest 159,961us-gaap_MinorityInterest
Total owners’ equity 1,219,437us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest 1,213,863us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilities and owners’ equity $ 2,589,802us-gaap_LiabilitiesAndStockholdersEquity $ 2,470,614us-gaap_LiabilitiesAndStockholdersEquity