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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
The following summarizes the calculation of basic earnings per share for the three months and nine months ended September 30, 2016 and 2015 (in thousands, except per share amounts):
 
Three Months Ended September 30, 2016
 
Three Months Ended September 30, 2015
 
Continuing
Operations
 
Discontinued
Operations
 
Net
 
Continuing
Operations
 
Discontinued
Operations
 
Net
Income (loss)
$
(7,140
)
 
$

 
$
(7,140
)
 
$
9,581

 
$
(1
)
 
$
9,580

less: Income attributable to noncontrolling interests
225

 

 
225

 
4,707

 

 
4,707

Income (loss) attributable to SemGroup
$
(7,365
)
 
$

 
$
(7,365
)
 
$
4,874

 
$
(1
)
 
$
4,873

Weighted average common stock outstanding
52,642

 
52,642

 
52,642

 
43,808

 
43,808

 
43,808

Basic earnings (loss) per share
$
(0.14
)
 
$

 
$
(0.14
)
 
$
0.11

 
$

 
$
0.11

 
Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015
 
Continuing
Operations
 
Discontinued
Operations
 
Net
 
Continuing
Operations
 
Discontinued
Operations
 
Net
Income (loss)
$
(3,456
)
 
$
(1
)
 
$
(3,457
)
 
$
43,792

 
$
(3
)
 
$
43,789

less: Income attributable to noncontrolling interests
11,167

 

 
11,167

 
14,153

 

 
14,153

Income (loss) attributable to SemGroup
$
(14,623
)
 
$
(1
)
 
$
(14,624
)
 
$
29,639

 
$
(3
)
 
$
29,636

Weighted average common stock outstanding
47,269

 
47,269

 
47,269

 
43,775

 
43,775

 
43,775

Basic earnings (loss) per share
$
(0.31
)
 
$

 
$
(0.31
)
 
$
0.68

 
$

 
$
0.68


The following summarizes the calculation of diluted earnings per share for the three months and nine months ended September 30, 2016 and 2015 (in thousands, except per share amounts):

 
Three Months Ended September 30, 2016
 
Three Months Ended September 30, 2015
 
Continuing
Operations
 
Discontinued
Operations
 
Net
 
Continuing
Operations
 
Discontinued
Operations
 
Net
Income (loss)
$
(7,140
)
 
$

 
$
(7,140
)
 
$
9,581

 
$
(1
)
 
$
9,580

less: Income attributable to noncontrolling interests
225

 

 
225

 
4,707

 

 
4,707

Income (loss) attributable to SemGroup
$
(7,365
)
 
$

 
$
(7,365
)
 
$
4,874

 
$
(1
)
 
$
4,873

Weighted average common stock outstanding
52,642

 
52,642

 
52,642

 
43,808

 
43,808

 
43,808

Effect of dilutive securities

 

 

 
163

 
163

 
163

Diluted weighted average common stock outstanding
52,642

 
52,642

 
52,642

 
43,971

 
43,971

 
43,971

Diluted earnings (loss) per share
$
(0.14
)
 
$

 
$
(0.14
)
 
$
0.11

 
$

 
$
0.11




 
Nine Months Ended September 30, 2016
 
Nine Months Ended September 30, 2015
 
Continuing
Operations
 
Discontinued
Operations
 
Net
 
Continuing
Operations
 
Discontinued
Operations
 
Net
Income (loss)
$
(3,456
)
 
$
(1
)
 
$
(3,457
)
 
$
43,792

 
$
(3
)
 
$
43,789

less: Income attributable to noncontrolling interests
11,167

 

 
11,167

 
14,153

 

 
14,153

Income (loss) attributable to SemGroup
$
(14,623
)
 
$
(1
)
 
$
(14,624
)
 
$
29,639

 
$
(3
)
 
$
29,636

Weighted average common stock outstanding
47,269

 
47,269

 
47,269

 
43,775

 
43,775

 
43,775

Effect of dilutive securities

 

 

 
194

 
194

 
194

Diluted weighted average common stock outstanding
47,269

 
47,269

 
47,269

 
43,969

 
43,969

 
43,969

Diluted earnings (loss) per share
$
(0.31
)
 
$

 
$
(0.31
)
 
$
0.67

 
$

 
$
0.67