Acquisitions (Tables)

12 Months Ended

Dec. 31, 2017

Business Acquisition, Pro Forma Information [Table Text Block]

Unaudited pro forma financial information for the periods disclosed below has been prepared as if the transaction occurred on January 1, 2016 (in thousands):



	Pro forma (unaudited)
	Year Ended December 31,
	2017			2016
Revenue	$	2,168,747		$	1,491,142
Net loss	$	(22,649	)	$	(23,011	)
Basic and diluted loss per share attributable to SemGroup	$	(0.29	)	$	(0.54	)

Schedule of Business Acquisitions, by Acquisition [Table Text Block]

We have recorded the purchase price allocation as follows (in thousands):



Assets acquired
Cash	$	3,583
Accounts receivable	11,101
Other current assets	5,277
Property, plant and equipment	1,327,168
Intangible assets subject to amortization
Customer contracts	1,000
Customer relationships	260,000
Non-compete agreement	30,000
Goodwill	257,302
Other noncurrent assets	72,392
Total assets acquired	$	1,967,823



Consideration
Cash	$	297,822
Common shares	330,341
Second Payment	549,900
Liabilities assumed
Accounts payable and accrued liabilities	9,876
Current portion of long-term debt	5,500
Long-term debt	760,500
Other noncurrent liabilities	13,884
Total liabilities assumed	789,760
Total consideration	$	1,967,823