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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 214,007 $ 86,655
Accounts receivable (net of allowance of $2,461 and $2,244, respectively) 570,006 562,214
Receivable from affiliates 281 295
Inventories 66,883 49,397
Other current assets 26,403 17,264
Total current assets 877,580 715,825
Property, plant and equipment (net of accumulated depreciation of $721,958 and $607,903, respectively) 3,927,645 3,457,326
Equity method investments 283,638 274,009
Goodwill 338,856 257,302
Other intangible assets (net of accumulated amortization of $125,127 and $90,014, respectively) 444,229 365,038
Other noncurrent assets 151,017 140,807
Right-of-Use Asset, Operating and Finance Leases 89,665 0
Total assets 6,112,630 5,210,307
Current liabilities:    
Accounts payable 502,736 494,792
Payable to affiliates 870 3,715
Accrued liabilities 113,693 115,095
Deferred revenue 3,292 11,060
Other current liabilities 12,826 6,495
Long-term debt 15,912 6,000
Total current liabilities 649,329 637,157
Long-term debt 2,477,326 2,278,834
Deferred income taxes 132,980 55,789
Other noncurrent liabilities 141,632 38,548
Commitments and contingencies (Note 8)
Redeemable preferred stock, $0.01 par value, $386,988 liquidation preference (authorized - 4,000 shares; issued - 350 shares) 379,285 359,658
Subsidiary Preferred Stock, Value Outstanding 258,376 0
SemGroup owners’ equity:    
Common stock, $0.01 par value (authorized - 190,000 shares; issued - 79,856 and 79,270 shares, respectively) 790 786
Additional paid-in capital 1,409,772 1,615,969
Treasury stock, at cost (277 and 126 shares, respectively) (1,441) (705)
Accumulated deficit (107,859) (73,971)
Accumulated other comprehensive loss (53,403) (51,247)
Total SemGroup Corporation owners’ equity 1,247,859 1,490,832
Stockholders' Equity Attributable to Noncontrolling Interest 825,843 349,489
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2,073,702 1,840,321
Total liabilities, preferred stock and owners’ equity $ 6,112,630 $ 5,210,307