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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 69,988 $ 93,699
Accounts receivable (net of allowance of $1,850 and $2,628, respectively) 662,372 653,484
Receivable from affiliates 187 1,691
Inventories 49,232 101,665
Current assets held for sale 0 38,063
Other current assets 19,320 14,297
Total current assets 801,099 902,899
Property, plant and equipment (net of accumulated depreciation of $570,720 and $444,842, respectively) 3,450,756 3,315,131
Equity method investments 277,021 285,281
Goodwill 257,302 257,302
Other intangible assets (net of accumulated amortization of $81,613 and $56,409, respectively) 373,439 398,643
Other noncurrent assets 138,158 132,600
Noncurrent assets held for sale 0 84,961
Total assets 5,297,775 5,376,817
Current liabilities:    
Accounts payable 545,035 587,898
Payable to affiliates 1,294 6,971
Accrued liabilities 111,455 131,407
Deferred revenue 10,211 7,518
Current liabilities held for sale 0 23,847
Other current liabilities 7,880 3,395
Long-term debt, net 6,000 5,525
Total current liabilities 681,875 766,561
Long-term debt, net 2,619,486 2,853,095
Deferred income taxes 52,897 46,585
Other noncurrent liabilities 34,209 38,495
Noncurrent liabilities held for sale 0 13,716
Commitments and contingencies (Note 7)
Preferred stock, $0.01 par value, $361,043 liquidation preference (authorized - 4,000 shares; issued - 350 and 0 shares, respectively) 353,323 0
SemGroup owners’ equity:    
Common stock, $0.01 par value (authorized - 190,000 and 100,000 shares; issued - 79,171 and 79,708 shares, respectively) 786 786
Additional paid-in capital 1,656,518 1,770,117
Treasury stock, at cost (106 and 1,024 shares, respectively) (699) (8,031)
Accumulated deficit (74,522) (50,706)
Accumulated other comprehensive loss (26,098) (53,801)
Total owners’ equity 1,555,985 1,658,365
Total liabilities, preferred stock and owners’ equity $ 5,297,775 $ 5,376,817