XML 17 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 442,491 $ 925,699
Accounts receivable (less allowances of $46,648 and $49,512 as of December 31, 2017 and March 31, 2018, respectively) 859,106 835,742
Prepaid expenses and other 223,276 188,874
Total Current Assets 1,524,873 1,950,315
Property, Plant and Equipment:    
Property, plant and equipment 7,306,059 6,251,100
Less—Accumulated depreciation (2,940,588) (2,833,421)
Property, Plant and Equipment, Net 4,365,471 3,417,679
Other Assets, Net:    
Goodwill 4,325,478 4,070,267
Customer relationships, customer inducements and data center lease-based intangibles 1,592,488 1,400,547
Other 189,839 133,594
Total Other Assets, Net 6,107,805 5,604,408
Total Assets 11,998,149 10,972,402
Current Liabilities:    
Current portion of long-term debt 137,198 146,300
Accounts payable 251,214 289,137
Accrued expenses 574,725 653,146
Deferred revenue 267,925 241,590
Total Current Liabilities 1,231,062 1,330,173
Long-term Debt, net of current portion 8,020,873 6,896,971
Other Long-term Liabilities 96,731 73,039
Deferred Rent 125,442 126,231
Deferred Income Taxes 169,889 155,728
Commitments and Contingencies (see Note 8)
Redeemable Noncontrolling Interest 92,877 91,418
Iron Mountain Incorporated Stockholders' 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 283,110,183 shares and 285,923,405 shares as of December 31, 2017 and March 31, 2018, respectively) 2,859 2,831
Additional paid-in capital 4,250,757 4,164,562
(Distributions in excess of earnings) Earnings in excess of distributions (1,919,787) (1,765,966)
Accumulated other comprehensive items, net (74,082) (103,989)
Total Iron Mountain Incorporated Stockholders' Equity 2,259,747 2,297,438
Noncontrolling Interests 1,528 1,404
Total Equity 2,261,275 2,298,842
Total Liabilities and Equity $ 11,998,149 $ 10,972,402