XML 27 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Current Assets:    
Cash and cash equivalents $ 161,439 $ 205,063
Accounts receivable (less allowances of $60,214 and $56,981 as of September 30, 2021 and December 31, 2020, respectively) 884,348 859,344
Prepaid expenses and other 223,266 205,380
Total Current Assets 1,269,053 1,269,787
Property, Plant and Equipment:    
Property, plant and equipment 8,503,171 8,246,337
Less—Accumulated depreciation (3,914,553) (3,743,894)
Property, Plant and Equipment, Net 4,588,618 4,502,443
Other Assets, Net:    
Goodwill 4,472,641 4,557,609
Customer relationships, customer inducements and data center lease-based intangibles 1,230,330 1,326,977
Operating lease right-of-use assets 2,308,047 2,196,502
Other 365,706 295,949
Total Other Assets, Net 8,376,724 8,377,037
Total Assets 14,234,395 14,149,267
Current Liabilities:    
Current portion of long-term debt 318,144 193,759
Accounts payable 324,210 359,863
Accrued expenses and other current liabilities (includes current portion of operating lease liabilities) 926,360 1,146,288
Deferred revenue 257,593 295,785
Total Current Liabilities 1,826,307 1,995,695
Long-term Debt, net of current portion 8,815,273 8,509,555
Long-term Operating Lease Liabilities, net of current portion 2,164,449 2,044,598
Other Long-term Liabilities 155,048 204,508
Deferred Income Taxes 236,782 198,377
Commitments and Contingencies
Redeemable Noncontrolling Interests 61,390 59,805
Equity:    
Preferred stock (par value $0.01; authorized 10,000,000 shares; none issued and outstanding) 0 0
Common stock (par value $0.01; authorized 400,000,000 shares; issued and outstanding 289,546,146 and 288,273,049 shares as of September 30, 2021 and December 31, 2020, respectively) 2,895 2,883
Additional paid-in capital 4,407,253 4,340,078
(Distributions in excess of earnings) Earnings in excess of distributions (3,101,813) (2,950,339)
Accumulated other comprehensive items, net (334,453) (255,893)
Total Iron Mountain Incorporated Stockholders' Equity 973,882 1,136,729
Noncontrolling Interests 1,264 0
Total Equity 975,146 1,136,729
Total Liabilities and Equity $ 14,234,395 $ 14,149,267