Central Parking Finance Trust PFD TR CV SECS (CRLKP) 10-Q 6 Nov 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 30, 2014
Document and Entity Information	'	'
Entity Registrant Name	'SP Plus Corp	'
Entity Central Index Key	'0001059262	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	22,020,094
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:	'	'
Cash and cash equivalents	$18,165	$23,158
Notes and accounts receivable, net	114,074	115,126
Prepaid expenses and other	10,936	20,645
Deferred taxes	10,317	10,317
Total current assets	153,492	169,246
Leasehold improvements, equipment, land and construction in progress, net	45,281	44,885
Other assets:	'	'
Advances and deposits	5,373	7,149
Intangible assets, net	94,846	106,222
Favorable acquired lease contracts, net	50,935	60,034
Other assets, net	24,962	24,574
Cost of contracts, net	10,433	10,762
Goodwill	439,473	439,503
Other assets	626,022	648,244
Total assets	824,795	862,375
Current liabilities:	'	'
Accounts payable	97,852	115,493
Accrued and other current liabilities	105,650	102,350
Current portion of obligations under senior credit facility and other long-term debt obligations	30,481	24,632
Total current liabilities	233,983	242,475
Deferred taxes	10,117	17,348
Long-term borrowings, excluding current portion:	'	'
Obligations under senior credit facility	232,015	263,457
Other long-term debt obligations	784	577
Long-term borrowings, excluding current portion	232,799	264,034
Unfavorable lease contracts, net	64,182	74,130
Other long-term liabilities	63,443	60,677
Stockholders' equity:	'	'
Preferred Stock, par value $0.01 per share; 5,000,000 shares authorized as of September 30, 2014 and December 31, 2013; no shares issued	'	'
Common stock, par value $.001 per share; 50,000,000 shares authorized as of September 30, 2014 and December 31, 2013; 21,998,094 and 21,977,311 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively	22	22
Additional paid-in capital	243,392	240,665
Accumulated other comprehensive income	88	118
Accumulated deficit	-23,767	-37,679
Total SP Plus Corporation stockholders' equity	219,735	203,126
Noncontrolling interest	536	585
Total equity	220,271	203,711
Total liabilities and stockholders' equity	$824,795	$862,375

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
CONDENSED CONSOLIDATED BALANCE SHEETS	'	'
Preferred stock, par value (in dollars per share)	$0.01	$0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	21,998,094	21,977,311
Common stock, shares outstanding	21,998,094	21,977,311

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Parking services revenue:	'	'	'	'
Lease contracts	$129,004	$122,771	$370,597	$367,088
Management contracts	77,878	77,681	252,764	256,435
Total parking services revenue	206,882	200,452	623,361	623,523
Reimbursed management contract revenue	173,405	154,858	507,122	472,737
Total revenue	380,287	355,310	1,130,483	1,096,260
Cost of parking services:	'	'	'	'
Lease contracts	116,520	115,696	340,583	339,828
Management contracts	46,741	44,680	155,971	157,250
Total cost of parking services, gross	163,261	160,376	496,554	497,078
Reimbursed management contract expense	173,405	154,858	507,122	472,737
Total cost of parking services	336,666	315,234	1,003,676	969,815
Gross profit:	'	'	'	'
Lease contracts	12,484	7,075	30,014	27,260
Management contracts	31,137	33,001	96,793	99,185
Total gross profit	43,621	40,076	126,807	126,445
General and administrative expenses	24,123	20,494	75,185	75,310
Depreciation and amortization	7,630	7,959	22,523	23,704
Operating income	11,868	11,623	29,099	27,431
Other expenses (income):	'	'	'	'
Interest expense	4,162	4,818	13,782	14,421
Interest income	-144	-108	-336	-347
Total other expenses (income)	4,018	4,710	13,446	14,074
Income before income taxes	7,850	6,913	15,653	13,357
Income tax provision (benefit)	2,763	2,448	-421	4,359
Net income	5,087	4,465	16,074	8,998
Less: Net income attributable to noncontrolling interest	785	721	2,162	2,070
Net income attributable to SP Plus Corporation	$4,302	$3,744	$13,912	$6,928
Net income per share:	'	'	'	'
Basic (in dollars per share)	$0.20	$0.17	$0.63	$0.32
Diluted (in dollars per share)	$0.19	$0.17	$0.62	$0.31
Weighted average shares outstanding:	'	'	'	'
Basic (in shares)	21,997,394	21,911,574	21,989,131	21,890,861
Diluted (in shares)	22,426,787	22,285,723	22,392,572	22,226,030

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME	'	'	'	'
Net income	$5,087	$4,465	$16,074	$8,998
Other comprehensive income (loss)	163	-280	-30	609
Comprehensive income	5,250	4,185	16,044	9,607
Less: comprehensive income attributable to noncontrolling interest	785	721	2,162	2,070
Comprehensive income attributable to SP Plus Corporation	$4,465	$3,464	$13,882	$7,537

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Operating activities:	'	'
Net income	$16,074	$8,998
Adjustments to reconcile net income to net cash provided by operations:	'	'
Depreciation and amortization	22,493	22,335
Net accretion of acquired lease contracts	-849	-2,526
Net loss on sale and abandonment of assets	105	1,431
Amortization of debt issuance costs	999	1,049
Amortization of original discount on borrowings	983	1,056
Non-cash stock-based compensation	2,806	3,472
Provisions for losses on accounts receivable	901	232
Excess tax benefit related to vesting of restricted stock units	79	'
Deferred income taxes	-7,148	-1,675
Net change in operating assets and liabilities	-652	-24,181
Net cash provided by operating activities	35,791	10,191
Investing activities:	'	'
Purchase of leasehold improvements and equipment	-10,409	-11,529
Acquisitions	-40	'
Cost of contracts purchased	-1,375	-365
Proceeds from sale of assets	366	143
Capitalized interest	-17	'
Contingent payments for businesses acquired	-6	-87
Net cash used in investing activities	-11,481	-11,838
Financing activities:	'	'
Tax benefit from vesting of restricted stock units	-79	'
Contingent payments for businesses acquired	-441	-142
(Payments) borrowings on senior credit facility	-1,850	15,350
Payments on term loan	-24,815	-16,875
Distribution to noncontrolling interest	-2,211	-2,156
Redemptions of convertible debentures	-13	'
Borrowing (payments) on other long-term debt obligations	153	-465
Net cash used in financing activities	-29,256	-4,288
Effect of exchange rate changes on cash and cash equivalents	-47	-240
Decrease in cash and cash equivalents	-4,993	-6,175
Cash and cash equivalents at beginning of period	23,158	28,450
Cash and cash equivalents at end of period	18,165	22,275
Cash paid (received) during the period for:	'	'
Interest	10,665	12,465
Income taxes, net	($1,637)	$1,128

The_Company

The Company	9 Months Ended
	Sep. 30, 2014
The Company	'
The Company	'
	1. The Company
	SP Plus Corporation (the “Company”) provides parking management, ground transportation and other ancillary services to commercial, institutional and municipal clients in the United States, Puerto Rico and Canada. Its services include a comprehensive set of on-site parking management and ground transportation services, which consist of training, scheduling and supervising all service personnel as well as providing customer service, marketing, maintenance, security and accounting and revenue control functions necessary to facilitate the operation of clients’ parking facilities. The Company also provides a range of ancillary services such as airport shuttle operations, valet services, taxi and livery dispatch services and municipal meter revenue collection and enforcement services.

Basis_of_Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2014
Basis of Presentation	'
Basis of Presentation	'
	2. Basis of Presentation
	The accompanying unaudited condensed consolidated financial statements of the Company have been prepared in accordance with accounting principles generally accepted in the United States (U.S. GAAP) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain information and disclosures normally included in the Consolidated Balance Sheet, Statements of Income, and Comprehensive Income and Cash Flows prepared in conformity with U.S. GAAP have been condensed or omitted as permitted by such rules and regulations
	In the opinion of management, all adjustments (consisting only of adjustments of a normal and recurring nature) considered necessary for a fair presentation have been included. Operating results for the three and nine month periods ended September 30, 2014 are not necessarily indicative of the results that might be expected for any other interim period or the fiscal year ended December 31, 2014. The financial statements presented in this report should be read in conjunction with the Company’s annual consolidated financial statements and notes thereto included in the Annual Report on Form 10-K filed on March 13, 2014.
	Cash and cash equivalents
	Cash and cash equivalents that are restricted as to withdrawal or use under the terms of certain contractual agreements was $515 and $1,001 as of September 30, 2014 and December 31, 2013, respectively, and are included within Cash and Cash Equivalents in the Consolidated Balance Sheet.
	Book overdrafts of $32,097 and $29,310 are included within Accounts Payable in the Consolidated Balance Sheet as of September 30, 2014 and December 31, 2013, respectively.
	Adopted Accounting Pronouncements
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Balance Sheet (Topic 210), Disclosures about Offsetting Assets and Liabilities. This update requires additional disclosures about offsetting and related arrangements on assets and liabilities to enable users of financial statements to understand the effect of such arrangements on an entity’s financial position as reported. This amendment is effective for fiscal 2014 and retrospective application is required.  The adoption of this guidance on January 1, 2014 did not have an impact to the Company’s financial position, results of operations or cash flows or financial statement disclosures.
	In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists to eliminate diversity in practice. Under this ASU, an unrecognized tax benefit, or a portion of an unrecognized tax benefit that exists at the reporting date, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if certain criteria are met. This amendment is effective for fiscal years and interim periods within those years beginning after December 15, 2013.  The adoption of this guidance on January 1, 2014 did not have an impact to the Company’s financial position, results of operations or cash flows or financial statement disclosures.
	Recently Issued Accounting Pronouncements
	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. The amendments in ASU No. 2014-09 create Topic 606, Revenue from Contracts with Customers, and supersede the revenue recognition requirements in Topic 605, Revenue Recognition, including most industry specific revenue recognition guidance. In addition, the amendments supersede the cost guidance in Subtopic 605-35, Revenue Recognition - Construction-Type and Production-Type Contracts, and create a new Subtopic 340-40, Other Assets and Deferred Costs — Contracts with Customers. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. The amendments are effective for fiscal years and interim periods within those fiscal years beginning on or after December 15, 2016. Early adoption is not permitted. The Company is currently assessing the impact on the Company’s financial position, results of operations, cash flows and financial statement disclosures.

Commitments_and_Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2014
Commitments and Contingencies	'
Commitments and Contingencies	'
	3. Commitments and Contingencies
	The Company is subject to litigation and other claims in the normal course of its business. The Company applies the provisions as defined in the guidance related to accounting for contingencies in determining the recognition and measurement of expense associated with legal claims against the Company. Management uses guidance from internal and external legal counsel on the potential outcome of litigation in determining the need to record liabilities for potential losses and the disclosure of pending legal claims.
	The Company has contractual provisions under certain lease contracts to complete structural or other improvements to leased properties and incur repair costs, including improvements and repairs arising as a result of ordinary wear and tear.  The Company evaluates the nature of those costs when incurred and either capitalizes the costs as leasehold improvements, as applicable, or recognizes the costs as repair expenses within Cost of Parking Services-Leases within the Consolidated Statements of Income.
	Certain lease contracts acquired in the Central Merger (defined in Note 5. Acquisition) include provisions allocating to the Company responsibility for all or a defined portion of structural or other improvement and repair costs required on the leased property, including improvement and repair costs arising as a result of ordinary wear and tear. During the three and nine months ended September 30, 2014, we recorded $242 and $1,184, respectively, of costs (net of expected recovery of 80% of the total cost through the applicable indemnity discussed further below and in Note 5. Acquisition) in Cost of Parking Services-Leases within the Consolidated Statement of Income for structural and other improvement and repair costs related to certain lease contracts acquired in the Central Merger, whereby the Company has expensed repair costs for certain leases and has engaged a third-party general contractor to complete certain defined structural and other improvement and repair projects. The Company expects to incur substantial additional costs for certain structural or other improvement and repair costs pursuant to the contractual requirements of certain lease contracts acquired in the Central Merger (“Structural and Repair Costs”).    Based on information available at this time, the Company currently estimates the additional Structural and Repair Costs to be between $5,000 and $20,000; however, the Company is still in the process of determining the full extent of the required repairs and improvements required and estimated costs associated with these lease contracts acquired in the Central Merger.  The Company currently expects to recover 80% of the Structural and Repair Costs incurred prior to October 1, 2015 through the applicable indemnity discussed further in Note 5. Acquisition.  While the Company is unable to estimate with certainty when such costs will be incurred, it is expected that all or a substantial majority of these costs will be incurred in early- to mid-calendar year 2015 and prior to October 1, 2015.

Intangible_Assets_net

Intangible Assets, net	9 Months Ended
	Sep. 30, 2014
Intangible Assets, net	'
Intangible Assets, net	'
	4. Intangible Assets, net
	The following presents a summary of intangible assets, net, as of September 30, 2014 and December 31, 2013:
		September 30, 2014			December 31, 2013
		(Unaudited)
	Covenant not to compete	$	933		$	933
	Trade names and trademarks	9,820			9,820
	Proprietary know how	34,650			34,650
	Management contract rights	81,000			81,000
	Accumulated amortization	(31,557		)	(20,181		)
	Intangible assets, net	$	94,846		$	106,222
	Amortization expense related to intangible assets included in depreciation and amortization was $3,779 and $3,877 for the three months ended September 30, 2014 and 2013, respectively, and $11,376 and $12,853 for the nine months ended September 30, 2014 and 2013, respectively.

Acquisition

Acquisition	9 Months Ended
	Sep. 30, 2014
Acquisition	'
Acquisition	'
	5. Acquisition
	On October 2, 2012 (“Closing Date”), the Company completed its acquisition (the “Central Merger” or “Merger”) of 100% of the outstanding common shares of KCPC Holdings, Inc., which was the ultimate parent of Central Parking Corporation (collectively, “Central”), for 6,161,332 shares of Company common stock and the assumption of approximately $217,675 of Central’s debt, net of cash acquired. Additionally, Central’s former stockholders will be entitled to receive cash consideration of $27,000 to be paid three years after closing, to the extent the $27,000 is not used to satisfy seller indemnity obligations pursuant to the Agreement and Plan of Merger dated February 28, 2012 (the “Merger Agreement”).  The Company financed the acquisition through the issuance of its common stock and borrowings under the Senior Credit Facility (defined in Note 9. Borrowing Arrangements).
	Pursuant to the Merger Agreement, the Company is entitled to indemnification from Central’s former stockholders (i) if and to the extent Central’s combined net debt and the absolute value of Central’s negative working capital (as determined in accordance with the Merger Agreement) (the “Net Debt Working Capital”) exceeded $285,000 as of September 30, 2012 and (ii) for certain defined adverse consequences as set forth in the Merger Agreement (including with respect to Structural and Repair Costs).  Pursuant to the Merger Agreement, Central’s former stockholders are required to satisfy certain indemnity obligations, which are capped at the $27,000 cash consideration (the “Capped Items”) only through a reduction of the $27,000 cash consideration.  For certain other indemnity obligations set forth in the Merger Agreement which are not capped at the $27,000 cash consideration (the “Uncapped Items”), including the Net Debt Working Capital indemnity obligations described above, Central’s former stockholders may satisfy any amount payable pursuant to such indemnity obligations as follows (provided that the Company reserves the right to reject the cash and stock alternatives and choose to reduce the $27,000 cash consideration):
	·         Central’s former stockholders can elect to pay such amount with cash;
	·         Central’s former stockholders can elect to pay such amount with the Company’s common stock (valued at $23.64 per share, the market value as of the closing date of the Merger Agreement); or
	·         Central’s former stockholders can elect to reduce the $27,000 cash consideration by such amount, subject to the condition that the cash consideration remains at least $17,000 to cover Capped Items.
	The Company has determined and concluded that the Net Debt Working Capital was $296,399 as of September 30, 2012 and that; accordingly, the Net Debt Working Capital exceeded the threshold by $11,399.  In addition, the Company has determined that it currently has indemnity claims for certain defined adverse consequences (including indemnity claims with respect to Structural and Repair Costs incurred through September 30, 2014), which would reduce the cash consideration payable in three years from the acquisition date by $14,122. In addition, the Company expects to have additional indemnity claims in the future as new matters arise. The Company has periodically given Central’s former stockholders notice regarding indemnification matters since the closing date of the Merger and has made adjustments for known matters, although Central’s former stockholders have not agreed to such adjustments nor made any elections with respect to the payment of any Uncapped Items. Furthermore, following the Company’s notices of indemnification matters, the representative of Central’s former stockholders has indicated that they may make additional inquiries and potentially raise issues with respect to the Company’s indemnification claims (including, specifically, as to the Company’s Net Debt Working Capital calculation and as to Structural and Repair Costs) and that they may assert various claims of their own relating to the Merger Agreement.  Under the Merger Agreement, all post-closing claims and disputes, including as to indemnification matters, are ultimately subject to resolution through binding arbitration or, in the case of a dispute as to the calculation of Net Debt Working Capital, resolution by an independent public accounting firm.  The Company intends to pursue these dispute resolution processes, as applicable, in a timely manner, although the Company’s pursuit of these processes may be delayed by actions taken by representatives of Centrals former stockholders.
	In determining the excess over the threshold of Net Debt Working Capital as of September 30, 2012 of $11,399 and the indemnity claims for certain defined adverse consequences of $14,122, the Company has evaluated the nature of the costs and related indemnity claims and has concluded that it is probable that such indemnified claims will sustain any challenge from Central’s former stockholders and recoverability of these indemnified claims are reasonably assured. As previously discussed in Note 3. Legal and Other Contingencies, certain lease contracts acquired in the Central Merger include provisions allocating to the Company responsibility for all or a defined portion of structural or other improvement and repair costs required on the property, including improvement and repair costs arising as a result of ordinary wear and tear.  As the Company incurs additional Structural and Repair Costs, that meet the indemnification provisions established in the Merger Agreement, the Company will seek indemnification for a significant portion, generally 80%, of these costs pursuant to the Merger Agreement and reduce the cash consideration payable in three years from the acquisition date by such amounts.
	The following table sets forth the adjustments to the cash consideration payable by the Company to the former stockholders of Central, based upon the foregoing determinations:
	Cash consideration payable in three years from the acquisition date, pursuant to the Merger Agreement and prior to Central Net Debt Working Capital and indemnification of certain defined adverse consequences, net				$	27,000
	Net Debt Working Capital at September 30, 2012 as defined in the Merger Agreement	$	(296,399	)
	Threshold of Net Debt Working Capital, pursuant to the Merger Agreement	$	285,000
	Excess over the threshold of Net Debt Working Capital				(11,399		)
	Indemnification of certain defined adverse consequences, net				(14,122		)
	Settled cash consideration				$	1,479
	Present value of cash consideration liability as of September 30, 2014 (included within Other Long-Term Liabilities in the Consolidated Balance Sheet)				$	1,279
	The acquisition has been accounted for using the acquisition method of accounting (in accordance with the provisions of Accounting Standards Codification (“ASC”) 805, Business Combinations), which requires, among other things, that most assets acquired and liabilities assumed be recognized at their fair values as of the acquisition date. The purchase price has been allocated based on the estimated fair value of net assets acquired and liabilities assumed at the date of the acquisition. The Company finalized the purchase price allocation during the third quarter of 2013, which resulted in revision to the previously reported preliminary amounts, applied retrospectively back to the date of the acquisition.
	The Company has incurred certain acquisition and integration costs associated with the transaction that have been expensed as incurred and reflected in the Consolidated Statements of Income. The Company recognized $2,989 and $1,893 of these costs in the Consolidated Statement of Income for the three months ended September 30, 2014 and 2013, respectively, in General and Administrative Expenses. The Company recognized $5,031 and $9,210 of these costs in the Consolidated Statement of Income for the nine months ended September 30, 2014 and 2013, respectively, in General and Administrative Expenses.

StockBased_Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2014
Stock-Based Compensation	'
Stock-Based Compensation	'
	6. Stock-Based Compensation
	Stock Options and Grants
	There were no stock options granted during the nine months ended September 30, 2014 and 2013. The Company recognized no stock-based compensation expense related to stock options for the nine months ended September 30, 2014 and 2013, as all stock options previously granted were fully vested. As of September 30, 2014, there were no unrecognized compensation costs related to unvested stock options.
	On April 22, 2014, the Company authorized vested stock grants to certain directors totaling 19,336 common shares. The total value of the grant, based on the fair value of common stock on the grant date, was $491 and is included in General and Administrative Expenses within the Consolidated Statement of Income.  On April 24, 2013, the Company authorized vested stock grants to certain directors totaling 21,949 common shares. The total value of the grant, based on the fair value of common stock on the grant date, was $465 and is included in General and Administrative Expenses within the Consolidated Statement of Income.
	Restricted Stock Units
	During the nine months ended September 30, 2014, the Company authorized certain one-time grants of 26,287 restricted stock units to certain executives that vest five years from date of issuance. During the nine months ended September 30, 2014 and 2013, 25,083 restricted stock units and 27,000 restricted stock units vested, respectively. During the nine months ended September 30, 2014, 26,101 restricted stock units were forfeited under the amended and restated Long-Term Incentive Plan and became available for reissuance. No restricted stock units were forfeited in the nine months ended September 30, 2013.
	The Company recognized $679 and $1,003 of stock-based compensation expense related to the restricted stock units for the three months ended September 30, 2014 and 2013, respectively, which is included in General and Administrative Expenses within the Consolidated Statement of Income.  The Company recognized $2,129 and $3,062 of stock-based compensation expenses related to restricted stock units for the nine months ended September 30, 2014 and 2013, respectively, which is included in General and Administrative expenses within the Consolidated Statements of Income.  As of September 30, 2014, there was $5,109 of unrecognized stock-based compensation costs, net of estimated forfeitures, related to the restricted stock units that are expected to be recognized over a weighted average remaining period of approximately 3.9 years.
	Performance Based Stock
	In September 2014, the Board of Directors authorized a performance-based incentive program under the Company’s Long-Term Incentive Plan (“2014 Performance-Based Incentive Program”). The objective of the performance-based incentive program is to link compensation to business performance, encourage ownership of Company stock, retain executive talent, and reward executive performance. The 2014 Performance-Based Incentive Program provides participating executives with the opportunity to earn vested common stock if certain performance targets for pre-tax free cash flow are achieved over the cumulative three year period of 2014 through 2016 and recipients satisfy service-based vesting requirements. The stock-based compensation expense associated with unvested performance-based incentives are recognized on a straight-line basis over the shorter of the vesting period or minimum service period and dependent upon the probable outcome of the number of shares that will ultimately be issued based on the achievement of pre-tax free cash flow over the cumulative three year period of 2014 through 2016.  Future compensation expense for currently outstanding awards under the 2014 Performance Based Incentive Program could reach a maximum of $3,200.
	On September 30, 2014, certain participating executives became vested in the 2014 Performance-Based Incentive Program shares based on retirement eligibility and as a result $186 of stock-based compensation related to 9,687 shares were recognized in General and Administrative expenses within in the Consolidated Statements of Income, and which continue to be subject to achieving cumulative pre-tax free cash flow over the three year period of 2014 through 2016.
	The Company recognized a cumulative $186 of stock-based compensation expense related to the 2014 Performance-Based Incentive Program, which includes expense of awards to fully vested retirement eligible executives for the three and nine months ended September 30, 2014 and is included in General and Administrative expenses. During the nine months ended September 30, 2014, no performance-based shares were forfeited.  There was no such program in place during 2013.   Stock-based compensation for the 2014 Performance-Based Incentive Program is expected to be recognized over a weighted average period of 2.3 years.

Net_Income_Loss_Per_Common_Sha

Net Income (Loss) Per Common Share	9 Months Ended
	Sep. 30, 2014
Net Income (Loss) Per Common Share	'
Net Income (Loss) Per Common Share	'
	7. Net Income (Loss) Per Common Share
	Basic net income per share is computed by dividing net income by the weighted daily average number of shares of common stock outstanding during the period. Diluted net income per share is based upon the weighted daily average number of shares of common stock outstanding for the period plus dilutive potential common shares, including stock options and restricted stock units using the treasury-stock method. A reconciliation of the weighted average basic common shares outstanding to the weighted average diluted common shares outstanding is as follows (unaudited):
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Weighted average common basic shares outstanding	21,997,394		21,911,574		21,989,131		21,890,861
	Effect of dilutive stock options and restricted stock units	429,393		374,149		403,441		335,169
	Weighted average common diluted shares outstanding	22,426,787		22,285,723		22,392,572		22,226,030
	Net income (loss) per share:
	Basic	$	0.2	$	0.17	$	0.63	$	0.32
	Diluted	$	0.19	$	0.17	$	0.62	$	0.31
	For the three and nine-months ended September 30, 2014 performance-based restricted stock was excluded in the computation of weighted average diluted common share outstanding because the number of shares ultimately issuable is contingent on the Company’s performance goals, which were not achieved as of September 30, 2014.   There was no performance-based incentive program in place during 2013.
	There are no additional securities that could dilute basic earnings per share in the future that were not included in the computation of diluted earnings per share, other than those disclosed.

Bradley_Agreement

Bradley Agreement	9 Months Ended
	Sep. 30, 2014
Bradley Agreement	'
Bradley Agreement	'
	8. Bradley Agreement
	The Company entered into a 25-year agreement with the State of Connecticut (“State”) that expires on April 6, 2025, under which it operates the surface parking and 3,500 garage parking spaces at Bradley International Airport (“Bradley”) located in the Hartford, Connecticut metropolitan area.
	The parking garage was financed through the issuance of State of Connecticut special facility revenue bonds and provides that the Company deposits, with the trustee for the bondholders, all gross revenues collected from operations of the surface and garage parking. From these gross revenues, the trustee pays debt service on the special facility revenue bonds outstanding, operating and capital maintenance expense of the surface and garage parking facilities, and specific annual guaranteed minimum payments to the state. Principal and interest on the Bradley special facility revenue bonds increase from approximately $3,600 in contract year 2002 to approximately $4,500 in contract year 2025. Annual guaranteed minimum payments to the State increase from approximately $8,300 in contract year 2002 to approximately $13,200 in contract year 2024. The annual minimum guaranteed payment to the State by the trustee for the twelve months ended December 31, 2014 and 2013 is $10,815 and was $10,593, respectively. All of the cash flow from the parking facilities are pledged to the security of the special facility revenue bonds and are collected and deposited with the bond trustee. Each month the bond trustee makes certain required monthly distributions, which are characterized as “Guaranteed Payments.”  To the extent the monthly gross receipts generated by the parking facilities are not sufficient for the trustee to make the required Guaranteed Payments, the Company is obligated to deliver the deficiency amount to the trustee, with such deficiency payments representing interest bearing advances to the trustee. The Company does not directly guarantee the payment of any principal or interest on any debt obligations of the State of Connecticut or the trustee.
	The following is the list of Guaranteed Payments:
	·         Garage and surface operating expenses,
	·         Principal and interest on the special facility revenue bonds,
	·         Trustee expenses,
	·         Major maintenance and capital improvement deposits; and
	·         State minimum guarantee.
	To the extent sufficient funds are available, the trustee is then directed to reimburse the Company for deficiency payments up to the amount of the calculated surplus, with the Company having the right to be repaid the principal amount of any and all deficiency payments, together with actual interest and premium, not to exceed 10% of the initial deficiency payment. The Company calculates and records interest and premium income along with deficiency principal repayments as a reduction of cost of parking services in the period the associated deficiency repayment is received from the trustee. The Company believes these advances to be fully recoverable as the Bradley Agreement places no time restriction on the Company’s right to reimbursement. The reimbursement of principal, interest and premium will be recognized when received.
	The total deficiency payments to the State of Connecticut, net of reimbursements, as of September 30, 2014 is are as follows:
		2014
		(Unaudited)
	Balance at January 1, 2014	$	14,649
	Deficiency payments made	25
	Deficiency repayment received	(1,099		)
	Balance at September 30, 2014	$	13,575
	During the three months ended September 30, 2014, the Company received deficiency repayments (net of payments made) of $24, received and recorded interest of $134, with the net of these amounts recorded as a reduction in Cost of Parking Services within the Consolidated Statement of Income.  During the three months ended September 30, 2013, the Company made deficiency payments (net of repayments received) of $339, which was recorded as an increase in Cost of Parking Services within the Consolidated Statement of Income.  No premium income was received and recorded for the three months ended September 30, 2014 and 2013 and no interest was received and recorded for the three months ended September 30, 2013. During the nine months ended September 30, 2014 and 2013, the Company received deficiency repayments (net of payments made) of $1,074 and $18, respectively, received and recorded premium of $117 and $60, respective, and received and recorded interest of $134 and $nil, respectively, with the net of these amounts recorded as a reduction in Cost of Parking Services within the Consolidated Statement of Income.  The Company accrues for deficiency payments when the potential for future deficiency payments are both probable and estimable.  There were no amounts of estimated deficiency payments accrued as of September 30, 2014, as the Company concluded that the potential for future deficiency payments did not meet the criteria of both probable and estimable. The Company accrued $100 of estimated deficiency payments as of December 31, 2013.
	In addition to the recovery of certain general and administrative expenses incurred, the Bradley Agreement provides for an annual management fee payment, which is based on operating profit tiers. The annual management fee is further apportioned 60% to the Company and 40% to an unaffiliated entity and the annual management fee will be paid to the extent funds are available for the trustee to make a distribution, and are paid after Guaranteed Payments (as defined in the Bradley Agreement) are paid, and after the repayment of all deficiency payments, including interest and premium. Cumulative management fees of approximately $14,483 and $13,733 have not been recognized as of September 30, 2014 and December 31, 2013, respectively, and no management fees were recognized as revenue for the nine months ended September 30, 2014 and 2013.

Borrowing_Arrangements

Borrowing Arrangements	9 Months Ended
	Sep. 30, 2014
Borrowing Arrangements	'
Borrowing Arrangements	'
	9. Borrowing Arrangements
	Long-term borrowings, in order of preference, consist of:
			Amount Outstanding
		Maturity Date	September 30,		December 31,
			2014		2013
			(Unaudited)
	Obligations under Senior Credit Facility, net of original discount on borrowings	October 2, 2017	$	260,989	$	286,672
	Other debt obligations	Various	2,291		1,994
	Total debt obligations		263,280		288,666
	Less: Current portion under Senior Credit Facility and other debt obligations		30,481		24,632
	Total long-term borrowings		$	232,799	$	264,034
	Senior Credit Facility
	On October 2, 2012, the Company entered into a credit agreement (the "Credit Agreement") with Bank of America, as administrative agent, Wells Fargo Bank, N.A. and JPMorgan Chase Bank, as co-syndication agents, U.S. Bank National Association, First Hawaiian Bank and General Electric Capital Corporation, as co-documentation agents, Merrill Lynch, Pierce, Fenner & Smith Inc., Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, as joint lead arrangers and joint book managers, and the lenders party thereto (the “Lenders”).
	Pursuant to the terms, and subject to the conditions, of the Credit Agreement, the Lenders have made available to the Company a new secured Senior Credit Facility (the “Senior Credit Facility”) that permits aggregate borrowings of $450,000 consisting of (i) a revolving credit facility of up to $200,000 at any time outstanding, which includes a letter of credit facility that is limited to $100,000 at any time outstanding, and (ii) a term loan facility of $250,000. The Senior Credit Facility matures on October 2, 2017.
	The Company may be required to make mandatory repayments of principal within 90 days of each fiscal year-end provided that certain excess cash is available, as defined within the Credit Agreement.  In the event the Company is required to make mandatory repayments of principal pursuant to the Credit Agreement, the aggregate borrowings available under the Senior Credit Facility are reduced by the amount of mandatory principal repayments made by the Company.  In March 2014, the Company made a mandatory principal repayment of $7,940, as provided under the Credit Agreement.  There were no mandatory repayments of principal required under the Credit Agreement in 2013.
	Events of default under the Credit Agreement include failure to pay principal or interest when due, failure to comply with the financial and operational covenants, the occurrence of any cross default event, non-compliance with other loan documents, the occurrence of a change of control event, and bankruptcy and other insolvency events. If an event of default occurs and is continuing, the Lenders holding a majority of the commitments and outstanding term loan under the Credit Agreement have the right, among others, to (i) terminate the commitments under the Credit Agreement, (ii) accelerate and require the Company to repay all the outstanding amounts owed under the Credit Agreement and (iii) require the Company to cash collateralize any outstanding letters of credit.
	Under the terms of the Credit Agreement, as of September 30, 2014, the Company is required to maintain a maximum consolidated total debt to EBITDA ratio of not greater than 3.75:1.0.  There are certain future step downs as described in the Credit Agreement; decreasing to 3.5:1.0 as of the end of each fiscal quarter ending after July 1, 2015 through and including June 30, 2016 and 3.25:1.0 as of the end of each fiscal quarter ending after July 1, 2016.   In addition, as of September 30, 2014, the Company is required to maintain a minimum consolidated fixed charge coverage ratio of not less than 1.35:1.0 for each fiscal quarter ending after July 1, 2014.
	The Company was in compliance with all covenants as of September 30, 2014.
	As of September 30, 2014, the Company had $78,364 of borrowing availability under the Credit Agreement, of which the Company could have borrowed $28,355 on September 30, 2014 and remained in compliance with the above described covenants as of such date.  The additional borrowing availability under the Credit Agreement is limited only as of the Company’s fiscal quarter-end by the covenant restrictions described above. At September 30, 2014, the Company had $55,136 of letters of credit outstanding under the Senior Credit Facility, with aggregate borrowings against the Senior Credit Facility of $263,560 (excluding original discount on borrowings of $2,571).
	Interest Rate Swap Transactions
	On October 25, 2012, the Company entered into Interest Rate Swap transactions (collectively, the “Interest Rate Swaps”) with each of JPMorgan Chase Bank, N.A., Bank of America, N.A. and PNC Bank, N.A. in an initial aggregate Notional Amount of $150.0 million (the “Notional Amount”). The Interest Rate Swaps have an effective date of October 31, 2012 and a termination date of September 30, 2017. The Interest Rate Swaps effectively fix the interest rate on an amount of variable interest rate borrowings under the Credit Agreement, originally equal to the Notional Amount at 0.7525% per annum plus the applicable margin rate for LIBOR loans under the Credit Agreement, determined based upon the Company’s consolidated total debt to EBITDA ratio. The Notional Amount is subject to scheduled quarterly amortization that coincides with quarterly prepayments of principal under the Credit Agreement. These Interest Rate Swaps are classified as cash flow hedges, and the Company assesses the effectiveness of the hedge on a monthly basis. The ineffective portion of the cash flow hedge is recognized in earnings as an increase of interest expense. As of September 30, 2014, no ineffectiveness of the hedge has been recognized. See Note 12. Fair Value Measurement for the fair value of the interest rate swap as of September 30, 2014 and December 31, 2013.
	The Company does not enter into derivative instruments for any purpose other than for cash flow hedging purposes.

Comprehensive_Income

Comprehensive Income	9 Months Ended
	Sep. 30, 2014
Comprehensive Income	'
Comprehensive Income	'
	10. Comprehensive Income
	Comprehensive income consists of the following components, net of tax (unaudited):
		For the three months ended						For the nine months ended
		September 30,			September 30,			September 30,			September 30,
		2014			2013			2014			2013
	Net income	$	5,087		$	4,465		$	16,074		$	8,998
	Effective portion of unrealized gain (loss) on cash flow hedge	293			(312		)	17			849
	Foreign currency translation	(130		)	32			(47		)	(240		)
	Comprehensive income	5,250			4,185			16,044			9,607
	Less: comprehensive income attributable to noncontrolling interest	785			721			2,162			2,070
	Comprehensive income attributable to SP Plus Corporation	$	4,465		$	3,464		$	13,882		$	7,537
	Accumulated other comprehensive income is comprised of unrealized gains (losses) on cash flow hedges and foreign currency translation adjustments. The components of changes in accumulated comprehensive income (loss), net of tax, for the nine months ended September 30, 2014 were as follows (unaudited):
		Foreign Currency			Effective Portion of			Total
		Translation			Unrealized Gain (Loss)			Accumulated
		Adjustments			on Cash Flow Hedge			Other
								Comprehensive
								Income (Loss)
	Balance at December 31, 2013	$	(368	)	$	486		$	118
	Change in other comprehensive income (loss)	(47		)	17			(30		)
	Balance at September 30, 2014	$	(415	)	$	503		$	88

Income_Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2014
Income Taxes	'
Income Taxes	'
	11. Income Taxes
	For the three months ended September 30, 2014, the Company recognized income tax expense of $2,763 on pre-tax earnings of $7,850 compared to $2,448 income tax expense on pre-tax earnings of $6,913 for the three months ended September 30, 2013. For the nine months ended September 30, 2014, the Company recognized income tax benefit of $421 on pre-tax earnings of $15,653 compared to $4,359 income tax expense on pre-tax earnings of $13,357 for the nine months ended September 30, 2013. The effective tax rate for the nine months ended September 30, 2014 was a benefit of 2.7%, primarily as a result of recognizing a $6,359 discrete benefit for the reversal of a valuation allowance for a deferred tax asset established for historical net operating losses attributable to the State of New York. The valuation allowance was reversed in the first quarter of 2014 due to the New York tax law changes effective March 31, 2014, which resulted in the Company determining that the future benefit of net operating loss carryforwards was more likely than not to be realized.
	As of September 30, 2014, the Company has not identified any uncertain tax positions that would have a material impact on the Company’s financial position. The Company recognizes potential interest and penalties related to uncertain tax positions, if any, in income tax expense.
	The tax years that remain subject to examination for the Company’s major tax jurisdictions at September 30, 2014 are shown below:
	2011 – 2013	United States — federal income tax
	2008 – 2013	United States — state and local income tax
	2011 – 2013	Canada and Puerto Rico

Fair_Value_Measurement

Fair Value Measurement	9 Months Ended
	Sep. 30, 2014
Fair Value Measurement	'
Fair Value Measurement	'
	12. Fair Value Measurement
	Fair value measurements-recurring basis
	In determining fair value, the Company uses various valuation approaches within the fair value measurement framework. Fair value measurements are determined based on the assumptions that market participants would use in pricing an asset or liability.
	Applicable accounting literature establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. The fair value hierarchy is based on observable or unobservable inputs to valuation techniques that are used to measure fair value.
	Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources, while unobservable inputs reflect a reporting entity’s pricing based upon its own market assumptions. Applicable accounting literature defines levels within the hierarchy based on the reliability of inputs as follows:
	· Level 1: Inputs are quoted prices in active markets for identical assets or liabilities.
	· Level 2: Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, and inputs other than quoted prices that are observable and market-corroborated inputs, which are derived principally from or corroborated by observable market data.
	· Level 3: Inputs that are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable.
	The following table sets forth the Company’s financial assets and liabilities measured at fair value on a recurring basis and the basis of measurement at September 30, 2014 and December 31, 2013:
		Fair Value Measurement at								Fair Value Measurement at
		September 30, 2014 (unaudited)								December 31, 2013
		Level 1		Level 2			Level 3			Level 1		Level 2		Level 3
	Assets:
	Prepaid expenses and other
	Interest rate swap	—		$	853		—			—		$	824	—
	Liabilities:
	Accrued expenses
	Contingent acquisition consideration	—		—				1,592		—		—			1,374
	Other long term liabilities
	Contingent acquisition consideration	—		—			$	210		—		—		$	163
	The Company seeks to minimize risks from interest rate fluctuations through the use of interest rate swap contracts and hedge only exposures in the ordinary course of business. Interest rate swaps are used to manage interest rate risk associated with our floating rate debt. The Company accounts for its derivative instruments at fair value, provided it meets certain documentary and analytical requirements to qualify for hedge accounting treatment. Hedge accounting creates the potential for a Consolidated Statement of Operations match between the changes in fair values of derivatives and the changes in cost of the associated underlying transactions, in this case interest expense. Derivatives held by the Company are designated as hedges of specific exposures at inception, with an expectation that changes in the fair value will essentially offset the change in the underlying exposure. Discontinuance of hedge accounting is required whenever it is subsequently determined that an underlying transaction is not going to occur, with any gains or losses recognized in the Consolidated Statement of Operations at such time, and with any subsequent changes in fair value recognized currently in earnings. Fair values of derivatives are determined based on quoted prices for similar contracts. The effective portion of the change in fair value of the interest rate swap is reported in accumulated other comprehensive income, a component of stockholders’ equity, and is being recognized as an adjustment to interest expense or other (expense) income, respectively, over the same period the related expenses are recognized in earnings. Ineffectiveness would occur when changes in the market value of the hedged transactions are not completely offset by changes in the market value of the derivative and those related gains and losses on derivatives representing hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized currently in earnings when incurred. No ineffectiveness was recognized during the nine months ended September 30, 2014 and 2013.
	The significant inputs used to derive the fair value of the contingent acquisition consideration include financial forecasts of future operating results, the probability of reaching the forecast and the associated discount rate. The weighted average probability of the contingent acquisition consideration ranges from 20% to 40%, with a weighted average discount rate of 12%.
	The following table provides a reconciliation of the beginning and ending balances for the contingent consideration liability measured at fair value using significant unobservable inputs (Level 3) (unaudited):
		Due to Seller
	Balance at December 31, 2013	$	(1,537	)
	Payment of contingent consideration	441
	Contingent consideration on acquisition	(43		)
	Change in fair value	(663		)
	Balance at September 30, 2014	$	(1,802	)
	Obligations related to contingent consideration for certain acquisitions were finalized in the third quarter of 2014 in the amount of $1,670, of which $300 and $1,370 were paid in September and October of 2014, respectively.
	For the three months ended September 30, 2014 and 2013, the Company recognized an expense of $6 and a benefit of $62, respectively, and recognized the related expense and benefit in General and Administrative Expenses within the Consolidated Statement of Income due to the change in fair value measurements using a Level 3 valuation technique. For the nine months ended September 30, 2014 and 2013, the Company recognized an expense of $663 and a benefit of $370, respectively, and recognized the related expense and benefit in General and Administrative Expenses within the Consolidated Statement of Income due to the change in fair value measurements using a Level 3 valuation technique. These adjustments were the result of using revised forecasts of operating results, updates to the probability of achieving the revised forecasts and updated fair value measurements that revised the Company’s contingent consideration obligations related to the purchase of these businesses.
	Nonrecurring Fair Value Measurements
	Certain assets are measured at fair value on a nonrecurring basis; that is, the assets are measured at fair value on an ongoing basis but are subject to fair value adjustments only in certain circumstances (for example, when there is evidence of impairment). Non-financial assets such as goodwill, intangible assets, and leasehold improvements, equipment land and construction in progress are subsequently measured at fair value when there is an indicator of impairment and recorded at fair value only when impairment is recognized. The Company assesses the impairment of intangible assets annually or whenever events or changes in circumstances indicate that the carrying amount of an intangible asset may not be recoverable. The fair value of its goodwill and intangible assets is not estimated if there is no change in events or circumstances that indicate the carrying amount of an intangible asset may not be recoverable. There were no impairment charges for the nine months ended September 30, 2014 and 2013.
	Financial instruments not measured at fair value
	The following table presents the carrying amounts and estimated fair values of financial instruments not measured at fair value in the Consolidated Balance Sheet at September 30, 2014 (unaudited) and December 31, 2013:
		September 30, 2014						December 31, 2013
		Carrying			Fair Value			Carrying			Fair Value
		Amount						Amount
	Financial Assets:
	Cash and cash equivalents	$	18,165		$	18,165		$	23,158		$	23,158
	Financial Liabilities:
	Debt obligations—
	Senior Credit Facility, net of original discount on borrowings	260,989			260,989			286,672			286,672
	Other debt obligations	2,291			2,291			1,994			1,994
	Total debt obligations	$	263,280		$	263,280		$	288,666		$	288,666
	The carrying value of cash and cash equivalents approximates their fair value due to the short-term nature of these financial instruments and has been classified as a Level 1 measurement. The fair value of the Senior Credit Facility and other obligations was estimated to not be materially different from the carrying amount, as these instruments bear interest at variable market rates and are generally measured using a discounted cash flow analysis based on current market interest rates for similar types of financial instruments and have been classified as a Level 2 measurement.

Business_Unit_Segment_Informat

Business Unit Segment Information	9 Months Ended
	Sep. 30, 2014
Business Unit Segment Information	'
Business Unit Segment Information	'
	13. Business Unit Segment Information
	Segment information is presented in accordance with a “management approach,” which designates the internal reporting used by the Chief Operating Decision Maker (“CODM”) for making decisions and assessing performance as the source of the Company’s reportable segments. The Company’s segments are organized in a manner consistent with which separate financial information is available and evaluated regularly by the Company’s CODM in deciding how to allocate resources and in assessing performance.
	An operating segment is defined as a component of an enterprise that engages in business activities from which it may earn revenue and incur expenses, and about which separate financial information is regularly evaluated by the Company’s CODM. The CODM is the Company’s chief executive officer.
	Each of the operating segments is directly responsible for revenue and expenses related to their operations including direct regional administrative costs. Finance, information technology, human resources, and legal are shared functions that are not allocated back to the four operating segments. The CODM assesses the performance of each operating segment using information about its revenue and operating income (loss) before interest, taxes, and depreciation and amortization, but does not evaluate segments using discrete asset information. There are no inter-segment transactions and the Company does not allocate interest and other income, interest expense, depreciation and amortization or taxes to operating segments. The accounting policies for segment reporting are the same as for the Company as a whole.
	On November 1, 2013, the Company changed its internal reporting segment information reported to its CODM. The Company now reports Ontario, Manitoba and Quebec in Region One and Missouri, Nebraska, North Carolina and South Carolina in Region Five. All prior periods presented have been restated to reflect the new internal reporting to the CODM.
	The business is managed based on regions administered by executive vice presidents. The following is a summary of revenues (excluding reimbursed management contract revenue) and gross profit by regions for the three and nine months ended September 30, 2014 and 2013 (unaudited):
		For the three months ended										For the nine months ended
		September 30,			Gross		September 30,			Gross		September 30,			Gross		September 30,			Gross
		2014			Margin%		2013			Margin%		2014			Margin%		2013			Margin%
	Revenues (a):
	Region One
	Lease contracts	$	79,675				$	77,970				$	227,490				$	230,444
	Management contracts (b)	23,058					23,733					73,647					80,473
	Total Region One	102,733					101,703					301,137					310,917
	Region Two
	Lease contracts	1,094					1,065					3,550					3,396
	Management contracts	4,845					8,467					20,870					24,344
	Total Region Two	5,939					9,532					24,420					27,740
	Region Three
	Lease contracts	12,840					11,791					36,760					34,930
	Management contracts	13,292					13,738					42,485					46,321
	Total Region Three	26,132					25,529					79,245					81,251
	Region Four
	Lease contracts	12,716					10,602					35,299					33,075
	Management contracts	23,141					22,988					78,150					73,815
	Total Region Four	35,857					33,590					113,449					106,890
	Region Five
	Lease contracts	22,787					22,086					67,929					68,229
	Management contracts	10,715					8,849					30,823					30,261
	Total Region Five	33,502					30,935					98,752					98,490
	Other
	Lease contracts	(108		)			(743		)			(431		)			(2,986		)
	Management contracts	2,827					(94		)			6,789					1,221
	Total Other	2719					(837		)			6,358					(1,765		)
	Total Revenues	206,882					200,452					623,361					623,523
	Gross Profit:
	Region One
	Lease contracts	5,232			7	%	3,649			5	%	10,209			4	%	12,640			5	%
	Management contracts	11,351			49	%	12,045			51	%	34,204			46	%	36,082			45	%
	Total Region One	16,583					15,694					44,413					48,722
	Region Two
	Lease contracts	96			9	%	17			2	%	237			7	%	388			11	%
	Management contracts	2,675			55	%	3,572			42	%	8,981			43	%	7,215			30	%
	Total Region Two	2,771					3,589					9,218					7,603
	Region Three
	Lease contracts	1,687			13	%	1,402			12	%	3,938			11	%	3,578			10	%
	Management contracts	5,876			44	%	4,947			36	%	16,504			39	%	17,706			38	%
	Total Region Three	7,563					6,349					20,442					21,284
	Region Four
	Lease contracts	1,062			8	%	842			8	%	2,627			7	%	2,693			8	%
	Management contracts	6,162			27	%	4,749			21	%	19,868			25	%	17,495			24	%
	Total Region Four	7,224					5,591					22,495					20,188
	Region Five
	Lease contracts	4,639			20	%	3,867			18	%	14,280			21	%	12,778			19	%
	Management contracts	5,078			47	%	4,200			47	%	14,305			46	%	12,247			40	%
	Total Region Five	9,717					8,067					28,585					25,025
	Other
	Lease contracts	(232		)	215	%	(2,702		)	364	%	(1,277		)	296	%	(4,817		)	161	%
	Management contracts	(5		)	0	%	3,488			-3,711	%	2,931			43	%	8,440			691	%
	Total Other	(237		)			786					1,654					3,623
	Total gross profit	43,621					40,076					126,807					126,445
	General and administrative expenses	24,123					20,494					75,185					75,310
	General and administrative expense percentage of gross profit	55		%			51		%			59		%			60		%
Depreciation and amortization	7,630					7,959					22,523					23,704
Operating income	11,868					11,623					29,099					27,431
Other expenses (income):
Interest expense	4,162					4,818					13,782					14,421
Interest income	(144		)			(108		)			(336		)			(347		)
	4,018					4,710					13,446					14,074
Income before income taxes	7,850					6,913					15,653					13,357
Income tax (benefit)	2,763					2,448					(421		)			4,359
Net income	5,087					4,465					16,074					8,998
Less: Net income attributable to noncontrolling interest	785					721					2,162					2,070
Net income attributable to SP Plus Corporation	$	4,302				$	3,744				$	13,912				$	6,928
(a)                   Excludes reimbursed management contract revenue.
(b)                   The nine months ended September 30, 2013 included a net gain of $2,700 related to the sale of rights associated with a certain contract.
Region One encompasses operations in Connecticut, Delaware, District of Columbia, Illinois, Indiana, Kansas, Kentucky, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Virginia, West Virginia, Wisconsin and the Canadian Provinces of Manitoba, Ontario, and Quebec.
Region Two encompasses event planning and transportation, and the Company’s technology-based parking and traffic management systems.
Region Three encompasses operations in Arizona, California, Colorado, Hawaii, Oregon, Utah, Washington and the Canadian Province of Alberta.
Region Four encompasses all major airport and transportation operations nationwide.
Region Five encompasses Alabama, Florida, Georgia, Louisiana, Mississippi, Missouri, Nebraska, New Mexico, North Carolina, Oklahoma, Puerto Rico, South Carolina, Tennessee, and Texas.
Other consists of ancillary revenue that is not specifically identifiable to a region and insurance reserve adjustments related to prior years.

Subsequent_Events

Subsequent Events	9 Months Ended
	Sep. 30, 2014
Subsequent Events	'
Subsequent Events	'
	14. Subsequent Events
	On October 29, 2014, the Company entered into an agreement to establish a joint venture with Parkmobile USA, Inc. (“Parkmobile USA”) and effective October 31, 2014, the Company contributed all of the assets and liabilities of its proprietary Click and Park® parking prepayment business in exchange for a 30% interest in the newly formed legal entity called Parkmobile, LLC. The joint venture, Parkmobile, LLC, will provide on-demand and prepaid transaction processing for on-and off-street parking and transportation services. The contribution of the Click and Park® business in the joint venture will result in the deconsolidation of the Click and Park® business and recognition of the Company’s equity investment in the newly formed joint venture at fair value.  The Company will account for its equity interest in the joint venture in Parkmobile, LLC using the equity method of accounting.  As a result of the transaction, the Company expects to recognize a pre-tax gain in the fourth quarter 2014, the amount of which the Company is currently unable to estimate.  The fiscal year-end of Parkmobile, LLC will be December 31, which is the fiscal year-end of the Company.

Basis_of_Presentation_Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2014
Basis of Presentation	'
Cash and cash equivalents	'
	Cash and cash equivalents
	Cash and cash equivalents that are restricted as to withdrawal or use under the terms of certain contractual agreements was $515 and $1,001 as of September 30, 2014 and December 31, 2013, respectively, and are included within Cash and Cash Equivalents in the Consolidated Balance Sheet.
	Book overdrafts of $32,097 and $29,310 are included within Accounts Payable in the Consolidated Balance Sheet as of September 30, 2014 and December 31, 2013, respectively.
Adopted Accounting Pronouncements	'
	Adopted Accounting Pronouncements
	In December 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-11, Balance Sheet (Topic 210), Disclosures about Offsetting Assets and Liabilities. This update requires additional disclosures about offsetting and related arrangements on assets and liabilities to enable users of financial statements to understand the effect of such arrangements on an entity’s financial position as reported. This amendment is effective for fiscal 2014 and retrospective application is required.  The adoption of this guidance on January 1, 2014 did not have an impact to the Company’s financial position, results of operations or cash flows or financial statement disclosures.
	In July 2013, the FASB issued ASU No. 2013-11, Income Taxes (Topic 740), Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists to eliminate diversity in practice. Under this ASU, an unrecognized tax benefit, or a portion of an unrecognized tax benefit that exists at the reporting date, should be presented in the financial statements as a reduction to a deferred tax asset for a net operating loss carryforward, a similar tax loss, or a tax credit carryforward if certain criteria are met. This amendment is effective for fiscal years and interim periods within those years beginning after December 15, 2013.  The adoption of this guidance on January 1, 2014 did not have an impact to the Company’s financial position, results of operations or cash flows or financial statement disclosures.

Intangible_Assets_net_Tables

Intangible Assets, net (Tables)	9 Months Ended
	Sep. 30, 2014
Intangible Assets, net	'
Summary of intangible assets, net	'
		September 30, 2014			December 31, 2013
		(Unaudited)
	Covenant not to compete	$	933		$	933
	Trade names and trademarks	9,820			9,820
	Proprietary know how	34,650			34,650
	Management contract rights	81,000			81,000
	Accumulated amortization	(31,557		)	(20,181		)
	Intangible assets, net	$	94,846		$	106,222

Acquisition_Tables

Acquisition (Tables)	9 Months Ended
	Sep. 30, 2014
Acquisition	'
Schedule of present value of cash consideration	'
	Cash consideration payable in three years from the acquisition date, pursuant to the Merger Agreement and prior to Central Net Debt Working Capital and indemnification of certain defined adverse consequences, net				$	27,000
	Net Debt Working Capital at September 30, 2012 as defined in the Merger Agreement	$	(296,399	)
	Threshold of Net Debt Working Capital, pursuant to the Merger Agreement	$	285,000
	Excess over the threshold of Net Debt Working Capital				(11,399		)
	Indemnification of certain defined adverse consequences, net				(14,122		)
	Settled cash consideration				$	1,479
	Present value of cash consideration liability as of September 30, 2014 (included within Other Long-Term Liabilities in the Consolidated Balance Sheet)				$	1,279

Net_Income_Loss_Per_Common_Sha1

Net Income (Loss) Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2014
Net Income (Loss) Per Common Share	'
Schedule of reconciliation of the weighted average basic common shares outstanding to weighted average diluted common shares outstanding	'
		Three Months Ended				Nine Months Ended
		September 30,				September 30,
		2014		2013		2014		2013
	Weighted average common basic shares outstanding	21,997,394		21,911,574		21,989,131		21,890,861
	Effect of dilutive stock options and restricted stock units	429,393		374,149		403,441		335,169
	Weighted average common diluted shares outstanding	22,426,787		22,285,723		22,392,572		22,226,030
	Net income (loss) per share:
	Basic	$	0.2	$	0.17	$	0.63	$	0.32
	Diluted	$	0.19	$	0.17	$	0.62	$	0.31

Bradley_Agreement_Tables

Bradley Agreement (Tables)	9 Months Ended
	Sep. 30, 2014
Bradley Agreement	'
Schedule of deficiency payments made, net of reimbursements	'
		2014
		(Unaudited)
	Balance at January 1, 2014	$	14,649
	Deficiency payments made	25
	Deficiency repayment received	(1,099		)
	Balance at September 30, 2014	$	13,575

Borrowing_Arrangements_Tables

Borrowing Arrangements (Tables)	9 Months Ended
	Sep. 30, 2014
Borrowing Arrangements	'
Schedule of long-term borrowings	'
			Amount Outstanding
		Maturity Date	September 30,		December 31,
			2014		2013
			(Unaudited)
	Obligations under Senior Credit Facility, net of original discount on borrowings	October 2, 2017	$	260,989	$	286,672
	Other debt obligations	Various	2,291		1,994
	Total debt obligations		263,280		288,666
	Less: Current portion under Senior Credit Facility and other debt obligations		30,481		24,632
	Total long-term borrowings		$	232,799	$	264,034

Comprehensive_Income_Tables

Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2014
Comprehensive Income	'
Schedule of components of comprehensive income, net of tax	'
		For the three months ended						For the nine months ended
		September 30,			September 30,			September 30,			September 30,
		2014			2013			2014			2013
	Net income	$	5,087		$	4,465		$	16,074		$	8,998
	Effective portion of unrealized gain (loss) on cash flow hedge	293			(312		)	17			849
	Foreign currency translation	(130		)	32			(47		)	(240		)
	Comprehensive income	5,250			4,185			16,044			9,607
	Less: comprehensive income attributable to noncontrolling interest	785			721			2,162			2,070
	Comprehensive income attributable to SP Plus Corporation	$	4,465		$	3,464		$	13,882		$	7,537
Components of accumulated other comprehensive income (loss), net of tax	'
		Foreign Currency			Effective Portion of			Total
		Translation			Unrealized Gain (Loss)			Accumulated
		Adjustments			on Cash Flow Hedge			Other
								Comprehensive
								Income (Loss)
	Balance at December 31, 2013	$	(368	)	$	486		$	118
	Change in other comprehensive income (loss)	(47		)	17			(30		)
	Balance at September 30, 2014	$	(415	)	$	503		$	88

Income_Taxes_Tables

Income Taxes (Tables)	9 Months Ended
	Sep. 30, 2014
Income Taxes	'
Schedule of tax years that remain subject to examination for the Company's major tax jurisdictions	'
	The tax years that remain subject to examination for the Company’s major tax jurisdictions at September 30, 2014 are shown below:
	2011 – 2013	United States — federal income tax
	2008 – 2013	United States — state and local income tax
	2011 – 2013	Canada and Puerto Rico

Fair_Value_Measurement_Tables

Fair Value Measurement (Tables)	9 Months Ended
	Sep. 30, 2014
Fair Value Measurement	'
Schedule of financial assets and liabilities measured at fair value on a recurring basis and basis of measurement	'
		Fair Value Measurement at								Fair Value Measurement at
		September 30, 2014 (unaudited)								December 31, 2013
		Level 1		Level 2			Level 3			Level 1		Level 2		Level 3
	Assets:
	Prepaid expenses and other
	Interest rate swap	—		$	853		—			—		$	824	—
	Liabilities:
	Accrued expenses
	Contingent acquisition consideration	—		—				1,592		—		—			1,374
	Other long term liabilities
	Contingent acquisition consideration	—		—			$	210		—		—		$	163
Schedule of reconciliation of the beginning and ending balances for liabilities measured at fair value using significant unobservable inputs (level 3)	'
		Due to Seller
	Balance at December 31, 2013	$	(1,537	)
	Payment of contingent consideration	441
	Contingent consideration on acquisition	(43		)
	Change in fair value	(663		)
	Balance at September 30, 2014	$	(1,802	)
Schedule of carrying and estimated fair values of the Company's financial instruments	'
		September 30, 2014						December 31, 2013
		Carrying			Fair Value			Carrying			Fair Value
		Amount						Amount
	Financial Assets:
	Cash and cash equivalents	$	18,165		$	18,165		$	23,158		$	23,158
	Financial Liabilities:
	Debt obligations—
	Senior Credit Facility, net of original discount on borrowings	260,989			260,989			286,672			286,672
	Other debt obligations	2,291			2,291			1,994			1,994
	Total debt obligations	$	263,280		$	263,280		$	288,666		$	288,666

Business_Unit_Segment_Informat1

Business Unit Segment Information (Tables)	9 Months Ended
	Sep. 30, 2014
Business Unit Segment Information	'
Summary of revenues (excluding reimbursed management contract revenue) and gross profit by regions	'
		For the three months ended										For the nine months ended
		September 30,			Gross		September 30,			Gross		September 30,			Gross		September 30,			Gross
		2014			Margin%		2013			Margin%		2014			Margin%		2013			Margin%
	Revenues (a):
	Region One
	Lease contracts	$	79,675				$	77,970				$	227,490				$	230,444
	Management contracts (b)	23,058					23,733					73,647					80,473
	Total Region One	102,733					101,703					301,137					310,917
	Region Two
	Lease contracts	1,094					1,065					3,550					3,396
	Management contracts	4,845					8,467					20,870					24,344
	Total Region Two	5,939					9,532					24,420					27,740
	Region Three
	Lease contracts	12,840					11,791					36,760					34,930
	Management contracts	13,292					13,738					42,485					46,321
	Total Region Three	26,132					25,529					79,245					81,251
	Region Four
	Lease contracts	12,716					10,602					35,299					33,075
	Management contracts	23,141					22,988					78,150					73,815
	Total Region Four	35,857					33,590					113,449					106,890
	Region Five
	Lease contracts	22,787					22,086					67,929					68,229
	Management contracts	10,715					8,849					30,823					30,261
	Total Region Five	33,502					30,935					98,752					98,490
	Other
	Lease contracts	(108		)			(743		)			(431		)			(2,986		)
	Management contracts	2,827					(94		)			6,789					1,221
	Total Other	2719					(837		)			6,358					(1,765		)
	Total Revenues	206,882					200,452					623,361					623,523
	Gross Profit:
	Region One
	Lease contracts	5,232			7	%	3,649			5	%	10,209			4	%	12,640			5	%
	Management contracts	11,351			49	%	12,045			51	%	34,204			46	%	36,082			45	%
	Total Region One	16,583					15,694					44,413					48,722
	Region Two
	Lease contracts	96			9	%	17			2	%	237			7	%	388			11	%
	Management contracts	2,675			55	%	3,572			42	%	8,981			43	%	7,215			30	%
	Total Region Two	2,771					3,589					9,218					7,603
	Region Three
	Lease contracts	1,687			13	%	1,402			12	%	3,938			11	%	3,578			10	%
	Management contracts	5,876			44	%	4,947			36	%	16,504			39	%	17,706			38	%
	Total Region Three	7,563					6,349					20,442					21,284
	Region Four
	Lease contracts	1,062			8	%	842			8	%	2,627			7	%	2,693			8	%
	Management contracts	6,162			27	%	4,749			21	%	19,868			25	%	17,495			24	%
	Total Region Four	7,224					5,591					22,495					20,188
	Region Five
	Lease contracts	4,639			20	%	3,867			18	%	14,280			21	%	12,778			19	%
	Management contracts	5,078			47	%	4,200			47	%	14,305			46	%	12,247			40	%
	Total Region Five	9,717					8,067					28,585					25,025
	Other
	Lease contracts	(232		)	215	%	(2,702		)	364	%	(1,277		)	296	%	(4,817		)	161	%
	Management contracts	(5		)	0	%	3,488			-3,711	%	2,931			43	%	8,440			691	%
	Total Other	(237		)			786					1,654					3,623
	Total gross profit	43,621					40,076					126,807					126,445
	General and administrative expenses	24,123					20,494					75,185					75,310
	General and administrative expense percentage of gross profit	55		%			51		%			59		%			60		%
	Depreciation and amortization	7,630					7,959					22,523					23,704
	Operating income	11,868					11,623					29,099					27,431
	Other expenses (income):
	Interest expense	4,162					4,818					13,782					14,421
	Interest income	(144		)			(108		)			(336		)			(347		)
		4,018					4,710					13,446					14,074
Income before income taxes	7,850					6,913					15,653					13,357
Income tax (benefit)	2,763					2,448					(421		)			4,359
Net income	5,087					4,465					16,074					8,998
Less: Net income attributable to noncontrolling interest	785					721					2,162					2,070
Net income attributable to SP Plus Corporation	$	4,302				$	3,744				$	13,912				$	6,928
(a)                   Excludes reimbursed management contract revenue.
(b)                   The nine months ended September 30, 2013 included a net gain of $2,700 related to the sale of rights associated with a certain contract.

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Basis of Presentation	'	'
Restricted cash and cash equivalents	$515	$1,001
Book overdrafts	$32,097	$29,310

Commitments_and_Contingencies_

Commitments and Contingencies (Details) (Central Merger, USD $)	3 Months Ended	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2014
Commitments and contingencies	'	'
Structural or other improvement and repair costs incurred	$242	$1,184
Expected recovery through applicable indemnity of cost incurred expressed as percentage of total cost	80.00%	'
Minimum	'	'
Commitments and contingencies	'	'
Estimated total structural and other improvement and repair costs related to lease contracts acquired in the Central Merger	'	5,000
Maximum	'	'
Commitments and contingencies	'	'
Estimated total structural and other improvement and repair costs related to lease contracts acquired in the Central Merger	'	$20,000

Intangible_Assets_net_Details

Intangible Assets, net (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Intangible assets, net	'	'	'	'	'
Accumulated amortization	$31,557	'	$31,557	'	$20,181
Intangible assets, net	94,846	'	94,846	'	106,222
Amortization expense	3,779	3,877	11,376	12,853	'
Covenant not to compete	'	'	'	'	'
Intangible assets, net	'	'	'	'	'
Intangible assets	933	'	933	'	933
Trade names and trademarks	'	'	'	'	'
Intangible assets, net	'	'	'	'	'
Intangible assets	9,820	'	9,820	'	9,820
Proprietary know how	'	'	'	'	'
Intangible assets, net	'	'	'	'	'
Intangible assets	34,650	'	34,650	'	34,650
Management contract rights	'	'	'	'	'
Intangible assets, net	'	'	'	'	'
Intangible assets	$81,000	'	$81,000	'	$81,000

Acquisition_Details

Acquisition (Details) (KCPC, USD $)	0 Months Ended	3 Months Ended			9 Months Ended
In Thousands, except Share data, unless otherwise specified	Oct. 02, 2012	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2012	Sep. 30, 2014	Sep. 30, 2013
Acquisitions	'	'	'	'	'	'
Interest acquired (as a percent)	100.00%	'	'	'	'	'
Common stock issued (in shares)	6,161,332	'	'	'	'	'
Assumption of debt, net of cash acquired	$217,675	'	'	'	'	'
Contingent cash consideration	27,000	'	'	27,000	'	'
Period after which contingent cash consideration to be paid	'3 years	'	'	'	'	'
Price of share at which former stockholders of acquiree can elect to pay applicable amount (in dollars per share)	$23.64	'	'	'	'	'
Minimum cash consideration to cover capped indemnities	17,000	'	'	'	'	'
Settlement reducing cash consideration	'	'	'	'	'	'
Period in which reduction in cash consideration payable for the seller's indemnification made	'	'	'	'3 years	'	'
Cash consideration payable in three years from the acquisition date, pursuant to the Merger Agreement and prior to Central Net Debt Working Capital and indemnification of certain defined adverse consequences, net	27,000	'	'	27,000	'	'
Net Debt Working Capital as defined in the Merger Agreement	'	'	'	-296,399	'	'
Threshold of Net Debt Working Capital, pursuant to the Merger Agreement	'	'	'	285,000	'	'
Excess over the threshold of Net Debt Working Capital	'	'	'	-11,399	'	'
Indemnification of certain defined adverse consequences, net	'	'	'	-14,122	'	'
Indemnification of cost pursuant to merger agreement	'	80.00%	'	'	'	'
Settled cash consideration	'	'	'	1,479	'	'
Acquisition and integration related costs included in general and administrative expenses	'	2,989	1,893	'	5,031	9,210
Fair Value	'	'	'	'	'	'
Settlement reducing cash consideration	'	'	'	'	'	'
Present value of cash consideration liability to be issued	'	$1,279	'	'	$1,279	'

StockBased_Compensation_Detail

Stock-Based Compensation (Details) (USD $)

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

9 Months Ended

In Thousands, except Share data, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Apr. 22, 2014

Apr. 24, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Stock Options

Stock Options

Restricted Stock Units

Restricted Stock Units

Restricted Stock Units

Restricted Stock Units

Restricted stock units granted in March 2019

Vested stock grants

Vested stock grants

Performance Shares [Member]

Performance Shares [Member]

Performance Shares [Member]

Long-term incentive plan

Long-term incentive plan

Maximum [Member]

Directors

Directors

Stock-Based Compensation

'

'

'

'

'

'

'

'

'

'

'

'

Granted (in shares)

0

0

'

'

'

'

'

'

'

'

'

'

Recognized stock-based compensation expense

$0

$0

$679

$1,003

$2,129

$3,062

'

'

'

$186

'

'

Unrecognized compensation costs related to unvested stock options

5,109

'

'

'

'

'

'

'

'

'

'

3,200

Vested stock grants to directors (in shares)

'

'

'

'

'

'

'

19,336

21,949

'

'

'

Value of vested stock grants to directors

'

'

'

'

'

'

'

491

465

'

'

'

Units granted (in shares)

'

'

'

'

'

'

26,287,000

'

'

'

'

'

Vesting period

'

'

'

'

'5 years

'

'

'

'

'

'

'

Vested (in shares)

'

'

'

'

25,083

27,000

'

'

'

9,687

'

'

Forfeited (in shares)

'

'

'

'

26,101

0

'

'

'

'

0

'

Unrecognized stock-based compensation costs

'

'

$5,211

'

$5,211

'

'

'

'

'

'

'

Weighted average remaining recognition period of unrecognized stock-based compensation costs

'

'

'

'

'2 years 10 months 24 days

'

'

'

'

'

'2 years 3 months 18 days

'

Net_Income_Loss_Per_Common_Sha2

Net Income (Loss) Per Common Share (Details) (USD $)	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
				item
Net Income (Loss) Per Common Share	'	'	'	'
Weighted average common basic shares outstanding	21,997,394	21,911,574	21,989,131	21,890,861
Effect of dilutive stock options and restricted stock units	429,393	374,149	403,441	335,169
Weighted average common diluted shares outstanding	22,426,787	22,285,723	22,392,572	22,226,030
Net income (loss) per share:	'	'	'	'
Basic (in dollars per share)	$0.20	$0.17	$0.63	$0.32
Diluted (in dollars per share)	$0.19	$0.17	$0.62	$0.31
Anti-dilutive securities excluded from computation of diluted earnings per share amount (in shares)	'	'	0	'
Performance-based incentive programs	'	'	'	0

Bradley_Agreement_Details

Bradley Agreement (Details) (USD $)	1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2000	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013
				item
Deficiency payments	'	'	'	'	'	'	'
Deficiency payments:	'	'	'	'	'	'	'
Balance at the beginning of the year	'	'	'	$14,649	'	$14,649	'
Deficiency payments made	'	'	'	25	'	'	'
Deficiency repayment received	'	'	'	1,099	'	'	'
Balance at the end of the year	'	13,575	'	13,575	'	'	'
Bradley International Airport parking facilities operating agreement	'	'	'	'	'	'	'
Agreement	'	'	'	'	'	'	'
Agreement period with the State of Connecticut for operation of parking spaces	'25 years	'	'	'	'	'	'
Number of garage parking spaces at Bradley International Airport operated	'	'	'	3,500	'	'	'
Annual minimum guaranteed payment to the State by the trustee	'	'	'	'	'	10,815	10,593
Deficiency payments:	'	'	'	'	'	'	'
Interest Income Received on Deficiency Payments	'	134	0	'	'	'	'
Maximum premium percentage on initial deficiency payment	'	'	'	10.00%	'	'	'
Net deficiency payments received (paid)	'	-24	339	1,074	18	'	'
Premium income on deficiency payment received from trustee	'	134	0	117	60	'	'
Estimated accrued deficiency payments	'	0	'	0	'	'	100
Compensation	'	'	'	'	'	'	'
Management fee apportioned to the entity (as a percent)	'	'	'	60.00%	'	'	'
Management fee apportioned to an unaffiliated entity (as a percent)	'	'	'	40.00%	'	'	'
Unrecognized cumulative management fees	'	14,483	'	14,483	'	'	13,733
Management fees	'	'	'	0	0	'	'
Bradley International Airport parking facilities operating agreement | Low end of the range	'	'	'	'	'	'	'
Agreement	'	'	'	'	'	'	'
Annual minimum guaranteed payment to the State by the trustee	'	'	'	8,300	'	'	'
Bradley International Airport parking facilities operating agreement | High end of the range	'	'	'	'	'	'	'
Agreement	'	'	'	'	'	'	'
Annual minimum guaranteed payment to the State by the trustee	'	'	'	13,200	'	'	'
Bradley International Airport parking facilities operating agreement | State of Connecticut special facility revenue bonds | Low end of the range	'	'	'	'	'	'	'
Agreement	'	'	'	'	'	'	'
Annual principal and interest on revenue bonds	'	3,600	'	3,600	'	'	'
Bradley International Airport parking facilities operating agreement | State of Connecticut special facility revenue bonds | High end of the range	'	'	'	'	'	'	'
Agreement	'	'	'	'	'	'	'
Annual principal and interest on revenue bonds	'	$4,500	'	$4,500	'	'	'

Borrowing_Arrangements_Details

Borrowing Arrangements (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Borrowing arrangements	'	'	'
Total debt obligations	$263,280	'	$288,666
Less: Current portion under Senior Credit Facility and other debt obligations	30,481	'	24,632
Long-term borrowings, excluding current portion	232,799	'	264,034
Obligations under Senior Credit Facility, net of original discount on borrowings	'	'	'
Borrowing arrangements	'	'	'
Total debt obligations	260,989	'	286,672
Senior Credit Facility	'	'	'
Maximum borrowing capacity	450,000	'	'
Period after end of each fiscal year mandatory repayment of principal required to be made	'90 days	'	'
Repayment of mandatory principal	'	7,940	0
Available borrowing capacity	78,364	'	'
Amount that could be borrowed	28,355	'	'
Letters of credit outstanding	55,136	'	'
Borrowings excluding debt discount	263,560	'	'
Original discount on borrowings	2,571	'	'
Obligations under Senior Credit Facility, net of original discount on borrowings | Maximum	'	'	'
Senior Credit Facility	'	'	'
Total debt to EBITDA ratio that is required to be maintained	3.75	'	'
Obligations under Senior Credit Facility, net of original discount on borrowings | Maximum | End of each fiscal quarter ending after July 1, 2014 through and including June 30, 2016	'	'	'
Senior Credit Facility	'	'	'
Total debt to EBITDA ratio that is required to be maintained	3.5	'	'
Obligations under Senior Credit Facility, net of original discount on borrowings | Maximum | End of each fiscal quarter ending after July 1, 2016	'	'	'
Senior Credit Facility	'	'	'
Total debt to EBITDA ratio that is required to be maintained	3.25	'	'
Obligations under Senior Credit Facility, net of original discount on borrowings | Minimum	'	'	'
Senior Credit Facility	'	'	'
Fixed charge coverage ratio that is required to be maintained	1.35	'	'
Obligations under Senior Credit Facility, net of original discount on borrowings | Minimum | End of each fiscal quarter ending after July 1, 2014	'	'	'
Senior Credit Facility	'	'	'
Fixed charge coverage ratio that is required to be maintained	1.35	'	'
Revolving credit facility	'	'	'
Senior Credit Facility	'	'	'
Maximum borrowing capacity	200,000	'	'
Letter of credit facility	'	'	'
Senior Credit Facility	'	'	'
Maximum borrowing capacity	100,000	'	'
Term loan facility	'	'	'
Senior Credit Facility	'	'	'
Maximum borrowing capacity	250,000	'	'
Other debt obligations	'	'	'
Borrowing arrangements	'	'	'
Total debt obligations	$2,291	'	$1,994

Borrowing_Arrangements_Details1

Borrowing Arrangements (Details 2) (Cash flow hedge, Interest rate swaps, USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Oct. 25, 2012
Cash flow hedge | Interest rate swaps	'	'	'
Interest rate swaps	'	'	'
Aggregate starting notional amount	'	'	$150,000
Fixed rate (as a percent)	0.75%	'	'
Variable rate basis	'LIBOR	'	'
Ineffective portion of cash flow hedges recognized	$0	$0	'

Comprehensive_Income_Details

Comprehensive Income (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Comprehensive Income	'	'	'	'
Net income	$5,087	$4,465	$16,074	$8,998
Effective portion of unrealized gain (loss) on cash flow hedge	293	-312	17	849
Foreign currency translation	-130	32	-47	-240
Comprehensive income	5,250	4,185	16,044	9,607
Less: comprehensive income attributable to noncontrolling interest	785	721	2,162	2,070
Comprehensive income attributable to SP Plus Corporation	4,465	3,464	13,882	7,537
Accumulated Other Comprehensive Income	'	'	'	'
Balance at the beginning of the period	'	'	118	'
Change in other comprehensive income (loss)	'	'	-30	'
Balance at the end of the period	88	'	88	'
Foreign Currency Translation Adjustments	'	'	'	'
Accumulated Other Comprehensive Income	'	'	'	'
Balance at the beginning of the period	'	'	-368	'
Change in other comprehensive income (loss)	'	'	-47	'
Balance at the end of the period	-415	'	-415	'
Effective Portion of Unrealized Gain (Loss) on Cash Flow Hedge	'	'	'	'
Accumulated Other Comprehensive Income	'	'	'	'
Balance at the beginning of the period	'	'	486	'
Change in other comprehensive income (loss)	'	'	17	'
Balance at the end of the period	$503	'	$503	'

Income_Taxes_Details

Income Taxes (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Taxes	'	'	'	'
Income tax expense (benefit) recognized on pre-tax earnings	$2,763	$2,448	($421)	$4,359
Pre-tax earnings	7,850	6,913	15,653	13,357
Effective tax rate before discrete benefits and true-up adjustments (as a percent)	'	'	2.70%	'
Discrete benefits for retroactive extension of tax credit programs	'	'	$6,359	'

Fair_Value_Measurement_Details

Fair Value Measurement (Details) (USD $)

9 Months Ended

9 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Sep. 30, 2014

Dec. 31, 2013

Cash flow hedge

Cash flow hedge

Contingent acquisition consideration

Level 3

Level 3

Level 3

Recurring basis

Recurring basis

Recurring basis

Recurring basis

Recurring basis

Recurring basis

Interest rate swaps

Interest rate swaps

Contingent acquisition consideration

Contingent acquisition consideration

Contingent acquisition consideration

Level 2

Level 2

Level 3

Level 3

Level 3

Level 3

Minimum

Maximum

Prepaid expenses and other

Prepaid expenses and other

Contingent acquisition consideration

Contingent acquisition consideration

Contingent acquisition consideration

Contingent acquisition consideration

Accrued expenses

Accrued expenses

Other long term liabilities

Other long term liabilities

Assets:

'

'

'

'

'

'

'

'

'

'

'

'

Interest Rate Swaps

'

'

'

'

'

'

$853

$824

'

'

'

'

Liabilities:

'

'

'

'

'

'

'

'

'

'

'

'

Contingent acquisition consideration

'

'

-43

'

'

'

'

'

1,592

1,374

210

163

Fair Value Inputs

'

'

'

'

'

'

'

'

'

'

'

'

Probability of contingent consideration (as a percent)

'

'

'

'

20.00%

40.00%

'

'

'

'

'

'

Ineffective portion of cash flow hedges recognized

$0

$0

'

'

'

'

'

'

'

'

'

'

Weighted average discount rate (as a percent)

'

'

'

12.00%

'

'

'

'

'

'

'

'

Fair_Value_Measurement_Details1

Fair Value Measurement (Details 2) (Contingent acquisition consideration, USD $)	1 Months Ended		3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Sep. 30, 2014	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Contingent acquisition consideration	'	'	'	'	'	'
Reconciliation of the beginning and ending balances for the liabilities measured at fair value using significant unobservable inputs (Level 3)	'	'	'	'	'	'
Balance at the beginning of the period	($1,802)	'	'	'	($1,537)	'
Payment of contingent consideration	1,370	300	'	'	-441	'
Change in fair value	'	'	6	62	-663	370
Contingent consideration	'	-43	-43	'	-43	'
Balance at the end of the period	'	($1,802)	($1,802)	'	($1,802)	'

Fair_Value_Measurement_Details2

Fair Value Measurement (Details 3) (Nonrecurring, USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
Nonrecurring	'	'
Fair Value Measurement	'	'
Impairment charges	$0	$0

Fair_Value_Measurement_Details3

Fair Value Measurement (Details 4) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Financial Liabilities:	'	'
Debt obligations	($263,280)	($288,666)
Senior credit facility, net of original discount on borrowings	'	'
Financial Liabilities:	'	'
Debt obligations	-260,989	-286,672
Other debt obligations	'	'
Financial Liabilities:	'	'
Debt obligations	-2,291	-1,994
Carrying Amount	'	'
Financial Assets:	'	'
Cash and cash equivalents	18,165	23,158
Financial Liabilities:	'	'
Debt obligations	263,280	288,666
Carrying Amount | Senior credit facility, net of original discount on borrowings	'	'
Financial Liabilities:	'	'
Debt obligations	-260,989	286,672
Carrying Amount | Other debt obligations	'	'
Financial Liabilities:	'	'
Debt obligations	-2,291	1,994
Fair Value	'	'
Financial Assets:	'	'
Cash and cash equivalents	18,165	23,158
Financial Liabilities:	'	'
Debt obligations	263,280	288,666
Fair Value | Senior credit facility, net of original discount on borrowings	'	'
Financial Liabilities:	'	'
Debt obligations	-260,989	286,672
Fair Value | Other debt obligations	'	'
Financial Liabilities:	'	'
Debt obligations	($2,291)	$1,994

Business_Unit_Segment_Informat2

Business Unit Segment Information (Details) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
			item
Business Unit Segment Information	'	'	'	'
Number of operating segments	'	'	4	'
Revenues:	'	'	'	'
Lease contracts	$129,004	$122,771	$370,597	$367,088
Management contracts	77,878	77,681	252,764	256,435
Total parking services revenue	206,882	200,452	623,361	623,523
Reimbursed management contract revenue	173,405	154,858	507,122	472,737
Total revenue	380,287	355,310	1,130,483	1,096,260
Gross profit	'	'	'	'
Lease contracts	12,484	7,075	30,014	27,260
Management contracts	31,137	33,001	96,793	99,185
Total gross profit	43,621	40,076	126,807	126,445
Gross Margin	'	'	'	'
General and administrative expenses	24,123	20,494	75,185	75,310
General and administrative expense percentage of gross profit	55.00%	51.00%	59.00%	63.00%
Depreciation and amortization	7,630	7,959	22,523	23,704
Operating income	11,868	11,623	29,099	27,431
Other expenses (income):	'	'	'	'
Interest expense	4,162	4,818	13,782	14,421
Interest income	-144	-108	-336	-347
Total other expenses (income)	4,018	4,710	13,446	14,074
Income before income taxes	7,850	6,913	15,653	13,357
Income tax (benefit)	2,763	2,448	-421	4,359
Net income	5,087	4,465	16,074	8,998
Less: Net income attributable to noncontrolling interest	785	721	2,162	2,070
Net income attributable to SP Plus Corporation	4,302	3,744	13,912	6,928
Region One	'	'	'	'
Other expenses (income):	'	'	'	'
Net gain related to sale of rights associated with certain contracts	'	'	'	2,700
Operating segment | Region One	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	79,675	77,970	227,490	230,444
Management contracts	23,058	23,733	73,647	80,473
Total parking services revenue	102,733	101,703	301,137	310,917
Gross profit	'	'	'	'
Lease contracts	5,232	3,649	10,209	12,640
Management contracts	11,351	12,045	34,204	36,082
Total gross profit	16,583	15,694	44,413	48,722
Gross Margin	'	'	'	'
Lease contracts (as a percent)	7.00%	5.00%	4.00%	5.00%
Management contracts (as a percent)	49.00%	51.00%	46.00%	45.00%
Operating segment | Region Two	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	1,094	1,065	3,550	3,396
Management contracts	4,845	8,467	20,870	24,344
Total parking services revenue	5,939	9,532	24,420	27,740
Gross profit	'	'	'	'
Lease contracts	96	17	237	388
Management contracts	2,675	3,572	8,981	7,215
Total gross profit	2,771	3,589	9,218	7,603
Gross Margin	'	'	'	'
Lease contracts (as a percent)	9.00%	2.00%	7.00%	11.00%
Management contracts (as a percent)	55.00%	42.00%	43.00%	30.00%
Operating segment | Region Three	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	12,840	11,791	36,760	34,930
Management contracts	13,292	13,738	42,485	46,321
Total parking services revenue	26,132	25,529	79,245	81,251
Gross profit	'	'	'	'
Lease contracts	1,687	1,402	3,938	3,578
Management contracts	5,876	4,947	16,504	17,706
Total gross profit	7,563	6,349	20,442	21,284
Gross Margin	'	'	'	'
Lease contracts (as a percent)	13.00%	12.00%	11.00%	10.00%
Management contracts (as a percent)	44.00%	36.00%	39.00%	38.00%
Operating segment | Region Four	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	12,716	10,602	35,299	33,075
Management contracts	23,141	22,988	78,150	73,815
Total parking services revenue	35,857	33,590	113,449	106,890
Gross profit	'	'	'	'
Lease contracts	1,062	842	2,627	2,693
Management contracts	6,162	4,749	19,868	17,495
Total gross profit	7,224	5,591	22,495	20,188
Gross Margin	'	'	'	'
Lease contracts (as a percent)	8.00%	8.00%	7.00%	8.00%
Management contracts (as a percent)	27.00%	21.00%	25.00%	24.00%
Operating segment | Region Five	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	22,787	22,086	67,929	68,229
Management contracts	10,715	8,849	30,823	30,261
Total parking services revenue	33,502	30,935	98,752	98,490
Gross profit	'	'	'	'
Lease contracts	4,639	3,867	14,280	12,778
Management contracts	5,078	4,200	14,305	12,247
Total gross profit	9,717	8,067	28,585	25,025
Gross Margin	'	'	'	'
Lease contracts (as a percent)	20.00%	18.00%	21.00%	19.00%
Management contracts (as a percent)	47.00%	47.00%	46.00%	40.00%
Operating segment | Other	'	'	'	'
Revenues:	'	'	'	'
Lease contracts	-108	-743	-431	-2,986
Management contracts	2,827	-94	6,789	1,221
Total parking services revenue	2,719	-837	6,358	-1,765
Gross profit	'	'	'	'
Lease contracts	-232	-2,702	-1,277	-4,817
Management contracts	-5	3,488	2,931	8,440
Total gross profit	($237)	$786	$1,654	$3,623
Gross Margin	'	'	'	'
Lease contracts (as a percent)	215.00%	364.00%	296.00%	161.00%
Management contracts (as a percent)	0.00%	-3711.00%	43.00%	691.00%

Subsequent_Events_Details

Subsequent Events (Details) (Subsequent Events, Parkmobile LLC)	0 Months Ended
	Oct. 29, 2014
Subsequent Events | Parkmobile LLC	'
Subsequent Events	'
Ownership percentage	30.00%