XML 112 R34.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2019
Segment Reporting [Abstract] |
Schedule of Analysis of Business Segment Information and Reconciliation | An analysis of our business segment information and reconciliation to the accompanying Consolidated Financial Statements is as follows:
| Global RIM Business |  | Global Data Center Business |  | Corporate and Other Business |  | Total Consolidated
As of and for the Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |  |
Total Revenues | $ | 3,812,433 |  |  | $ | 257,151 |  |  | $ | 193,000 |  |  | $ | 4,262,584 |
Storage Rental | 2,320,076 |  |  | 246,925 |  |  | 114,086 |  |  | 2,681,087 |
Service | 1,492,357 |  |  | 10,226 |  |  | 78,914 |  |  | 1,581,497 |
Depreciation and Amortization | 454,652 |  |  | 133,927 |  |  | 69,622 |  |  | 658,201 |
Depreciation | 330,534 |  |  | 78,939 |  |  | 46,850 |  |  | 456,323 |
Amortization | 124,118 |  |  | 54,988 |  |  | 22,772 |  |  | 201,878 |
Adjusted EBITDA | 1,563,223 |  |  | 121,517 |  |  | (247,135 | ) |  | 1,437,605 |
Total Assets(1) | 10,753,218 |  |  | 2,535,848 |  |  | 527,750 |  |  | 13,816,816 |
Expenditures for Segment Assets | 398,690 |  |  | 427,935 |  |  | 56,242 |  |  | 882,867 |
Capital Expenditures | 248,232 |  |  | 392,029 |  |  | 52,722 |  |  | 692,983 |
Cash Paid for Acquisitions, Net of Cash Acquired | 54,717 |  |  | — |  |  | 3,520 |  |  | 58,237 |
Acquisitions of Customer Relationships, Customer Inducements, Contract Fulfillment Costs and third-party commissions | 95,741 |  |  | 35,906 |  |  | — |  |  | 131,647 |
As of and for the Year Ended December 31, 2018 |  |  |  |  |  |  |  |  |  |
Total Revenues | $ | 3,842,600 |  |  | $ | 228,983 |  |  | $ | 154,178 |  |  | $ | 4,225,761 |
Storage Rental | 2,301,344 |  |  | 218,675 |  |  | 102,436 |  |  | 2,622,455 |
Service | 1,541,256 |  |  | 10,308 |  |  | 51,742 |  |  | 1,603,306 |
Depreciation and Amortization | 472,155 |  |  | 105,680 |  |  | 61,679 |  |  | 639,514 |
Depreciation | 341,384 |  |  | 58,707 |  |  | 52,649 |  |  | 452,740 |
Amortization | 130,771 |  |  | 46,973 |  |  | 9,030 |  |  | 186,774 |
Adjusted EBITDA | 1,569,353 |  |  | 99,574 |  |  | (244,103 | ) |  | 1,424,824 |
Total Assets(1) | 9,135,198 |  |  | 2,217,505 |  |  | 504,515 |  |  | 11,857,218 |
Expenditures for Segment Assets | 443,634 |  |  | 1,794,386 |  |  | 79,286 |  |  | 2,317,306 |
Capital Expenditures | 254,308 |  |  | 152,739 |  |  | 53,015 |  |  | 460,062 |
Cash Paid for Acquisitions, Net of Cash Acquired | 93,217 |  |  | 1,639,427 |  |  | 25,913 |  |  | 1,758,557 |
Acquisitions of Customer Relationships, Customer Inducements and Contract Fulfillment Costs | 96,109 |  |  | 2,220 |  |  | 358 |  |  | 98,687 |
As of and for the Year Ended December 31, 2017 |  |  |  |  |  |  |  |  |  |
Total Revenues | $ | 3,706,110 |  |  | $ | 37,694 |  |  | $ | 101,774 |  |  | $ | 3,845,578 |
Storage Rental | 2,261,831 |  |  | 35,839 |  |  | 79,887 |  |  | 2,377,557 |
Service | 1,444,279 |  |  | 1,855 |  |  | 21,887 |  |  | 1,468,021 |
Depreciation and Amortization | 458,634 |  |  | 10,224 |  |  | 53,518 |  |  | 522,376 |
Depreciation | 351,915 |  |  | 8,617 |  |  | 45,751 |  |  | 406,283 |
Amortization | 106,719 |  |  | 1,607 |  |  | 7,767 |  |  | 116,093 |
Adjusted EBITDA | 1,470,579 |  |  | 11,275 |  |  | (238,281 | ) |  | 1,243,573 |
Total Assets(1) | 9,151,755 |  |  | 382,198 |  |  | 1,441,434 |  |  | 10,975,387 |
Expenditures for Segment Assets | 424,628 |  |  | 86,543 |  |  | 126,850 |  |  | 638,021 |
Capital Expenditures | 262,474 |  |  | 32,015 |  |  | 48,642 |  |  | 343,131 |
Cash Paid for Acquisitions, Net of Cash Acquired(2) | 86,969 |  |  | 54,528 |  |  | 78,208 |  |  | 219,705 |
Acquisitions of Customer Relationships and Customer Inducements | 75,185 |  |  | — |  |  | — |  |  | 75,185 |
_______________________________________________________________________________ (1) Excludes all intercompany receivables or payables and investment in subsidiary balances. Total Assets as of December 31, 2019 reflects the adoption of ASU 2016-02. Total Assets for the Corporate and Other Business segment have been restated to reflect the impact of the Netherlands VAT liability (as discussed in Note 2.y.) which resulted in an increase in total assets for this segment of $4,971 and $2,985, at December 31, 2018 and 2017, respectively.
Schedule of Reconciliation of Adjusted EBITDA to Income (Loss) From Continuing Operations on a Consolidated Basis | A reconciliation of Adjusted EBITDA to income (loss) from continuing operations on a consolidated basis is as follows:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Adjusted EBITDA | $ | 1,437,605 |  |  | $ | 1,424,824 |  |  | $ | 1,243,573 |
(Add)/Deduct: |  |  |  |  |
Provision (Benefit) for Income Taxes | 59,931 |  |  | 42,753 |  |  | 22,962 |
Other Expense (Income), Net | 33,898 |  |  | (11,692 | ) |  | 79,429 |
Interest Expense, Net | 419,298 |  |  | 409,648 |  |  | 353,645 |
(Gain) Loss on disposal/write-down of property, plant and equipment, net | (63,824 | ) |  | (73,622 | ) |  | (766 | )
Depreciation and amortization | 658,201 |  |  | 639,514 |  |  | 522,376 |
Significant Acquisition Costs | 13,293 |  |  | 50,665 |  |  | 84,901 |
Restructuring Charges | 48,597 |  |  | — |  |  | — |
Intangible impairments | — |  |  | — |  |  | 3,011 |
Income (Loss) from Continuing Operations | $ | 268,211 |  |  | $ | 367,558 |  |  | $ | 178,015 |
Schedule of Operations in Different Geographical Areas | Information as to our operations in different geographical areas is as follows:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Revenues: |  |  |  |  |  |  |  |
United States | $ | 2,632,586 |  |  | $ | 2,579,847 |  |  | $ | 2,310,296 |
United Kingdom | 274,931 |  |  | 280,993 |  |  | 246,373 |
Canada | 243,033 |  |  | 249,505 |  |  | 243,625 |
Australia | 143,511 |  |  | 155,367 |  |  | 157,333 |
Remaining Countries | 968,523 |  |  | 960,049 |  |  | 887,951 |
Total Revenues | $ | 4,262,584 |  |  | $ | 4,225,761 |  |  | $ | 3,845,578 |
Long-lived Assets: |  |  |  |  |  |
United States | $ | 7,862,262 |  |  | $ | 6,902,232 |  |  | $ | 5,476,551 |
United Kingdom | 755,859 |  |  | 547,768 |  |  | 529,233 |
Canada | 556,591 |  |  | 453,398 |  |  | 500,396 |
Australia | 530,755 |  |  | 442,755 |  |  | 470,432 |
Remaining Countries | 2,875,010 |  |  | 2,302,951 |  |  | 2,048,460 |
Total Long-lived Assets | $ | 12,580,477 |  |  | $ | 10,649,104 |  |  | $ | 9,025,072 |
Schedule of Revenues By Product and Service Lines | Information as to our revenues by product and service lines by segment are as follows:
| Global RIM Business |  | Global Data Center Business |  | Corporate and Other Business |  | Total Consolidated
For the Year Ended December 31, 2019 |  |  |  |  |  |  |  |  |  |
Records Management(1) | $ | 2,866,192 |  |  | $ | — |  |  | $ | 128,954 |  |  | $ | 2,995,146 |
Data Management(1) | 520,082 |  |  | — |  |  | 64,046 |  |  | 584,128 |
Information Destruction(1)(2) | 426,159 |  |  | — |  |  | — |  |  | 426,159 |
Data Center | — |  |  | 257,151 |  |  | — |  |  | 257,151 |
Total Revenues | $ | 3,812,433 |  |  | $ | 257,151 |  |  | $ | 193,000 |  |  | $ | 4,262,584 |
For the Year Ended December 31, 2018 |  |  |  |  |  |  |
Records Management(1) | $ | 2,871,253 |  |  | $ | — |  |  | $ | 96,669 |  |  | $ | 2,967,922 |
Data Management(1) | 539,035 |  |  | — |  |  | 57,509 |  |  | 596,544 |
Information Destruction(1)(2) | 432,312 |  |  | — |  |  | — |  |  | 432,312 |
Data Center | — |  |  | 228,983 |  |  | — |  |  | 228,983 |
Total Revenues | $ | 3,842,600 |  |  | $ | 228,983 |  |  | $ | 154,178 |  |  | $ | 4,225,761 |
For the Year Ended December 31, 2017 |  |  |  |  |  |  |  |
Records Management(1) | $ | 2,778,024 |  |  | $ | — |  |  | $ | 69,667 |  |  | $ | 2,847,691 |
Data Management(1) | 542,148 |  |  | — |  |  | 32,103 |  |  | 574,251 |
Information Destruction(1)(2) | 385,938 |  |  | — |  |  | 4 |  |  | 385,942 |
Data Center | — |  |  | 37,694 |  |  | — |  |  | 37,694 |
Total Revenues | $ | 3,706,110 |  |  | $ | 37,694 |  |  | $ | 101,774 |  |  | $ | 3,845,578 |
_______________________________________________________________________________
(1) | Each of the offerings within our product and service lines has a component of revenue that is storage rental related and a component that is service revenues, except the destruction services offering, which does not have a storage rental component.
(2) Includes Secure Shredding services.
Schedule of Acquisition costs Included in Statement of Operations | Significant Acquisition Costs included in the accompanying Consolidated Statements of Operations by segment are as follows:
| Year Ended December 31,
| 2019 |  | 2018 |  | 2017
Global RIM Business | $ | 8,223 |  |  | $ | 20,590 |  |  | $ | 47,722 |
Global Data Center Business | 337 |  |  | 11,423 |  |  | — |
Corporate and Other Business | 4,733 |  |  | 18,652 |  |  | 37,179 |
Total Significant Acquisition Costs | $ | 13,293 |  |  | $ | 50,665 |  |  | $ | 84,901 |

X
- Definition Tabular disclosure of the reconciliation of adjusted EBITDA to income before provision (benefit) for income taxes on a consolidated basis. + References No definition available. + Details
Name: | irm_ScheduleofReconciliationtoIncomeLossfromContinuingOperationsTableTextBlock
Namespace Prefix: | irm_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of transactions that are recognized separately from the acquisition of assets and assumptions of liabilities in the business combination. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=79982066&loc=d3e1392-128463 + Details
Name: | us-gaap_BusinessCombinationSeparatelyRecognizedTransactionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=116634182&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration