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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 343,560 $ 86,655
Accounts receivable (net of allowance of $2,292 and $2,244, respectively) 780,956 562,214
Receivable from affiliates 534 295
Inventories 77,120 49,397
Other current assets 18,711 17,264
Total current assets 1,220,881 715,825
Property, plant and equipment (net of accumulated depreciation of $648,434 and $607,903, respectively) 3,845,508 3,457,326
Equity method investments 276,893 274,009
Goodwill 334,893 257,302
Other intangible assets (net of accumulated amortization of $101,914 and $90,014, respectively) 466,934 365,038
Other noncurrent assets 134,847 140,807
Right-of-Use Asset, Operating and Finance Leases 94,082 0
Total assets 6,374,038 5,210,307
Current liabilities:    
Accounts payable 750,635 494,792
Payable to affiliates 1,042 3,715
Accrued liabilities 100,941 115,095
Deferred revenue 3,104 11,060
Other current liabilities 18,921 6,495
Long-term debt 6,000 6,000
Total current liabilities 880,643 637,157
Long-term debt 2,461,583 2,278,834
Deferred income taxes 142,461 55,789
Other noncurrent liabilities 142,538 38,548
Commitments and contingencies (Note 8)
Redeemable preferred stock, $0.01 par value, $373,790 liquidation preference (authorized - 4,000 shares; issued - 350 shares) 366,087 359,658
Subsidiary Preferred Stock, Value Outstanding 250,239 0
SemGroup owners’ equity:    
Common stock, $0.01 par value (authorized - 190,000 shares; issued - 79,705 and 79,270 shares, respectively) 790 786
Additional paid-in capital 1,496,633 1,615,969
Treasury stock, at cost (173 and 126 shares, respectively) (1,385) (705)
Accumulated deficit (69,764) (73,971)
Accumulated other comprehensive loss (71,060) (51,247)
Total SemGroup Corporation owners’ equity 1,355,214 1,490,832
Stockholders' Equity Attributable to Noncontrolling Interest 775,273 349,489
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2,130,487 1,840,321
Total liabilities, preferred stock and owners’ equity $ 6,374,038 $ 5,210,307