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Debt (Tables)
 12 Months Ended
Dec. 31, 2022
Debt Disclosure [Abstract]  
Schedule of Carrying Amount and Fair Value of Long-term Debt Instruments
Long-term debt is as follows:
 DECEMBER 31, 2022DECEMBER 31, 2021
 DEBT (INCLUSIVE OF DISCOUNT)UNAMORTIZED DEFERRED FINANCING COSTSCARRYING AMOUNTFAIR
VALUE		DEBT (INCLUSIVE OF DISCOUNT)UNAMORTIZED DEFERRED FINANCING COSTSCARRYING AMOUNTFAIR
VALUE
Revolving Credit Facility(1)
$1,072,200 $(6,790)$1,065,410 $1,072,200 $— $(5,174)$(5,174)$— 
Term Loan A(1)
240,625 — 240,625 240,625 203,125 — 203,125 203,125 
Term Loan B(1)(2)
666,073 (3,747)662,326 666,750 672,847 (4,995)667,852 675,500 
Australian Dollar Term Loan (3)(4)
202,641 (633)202,008 204,623 223,182 (656)222,526 223,530 
UK Bilateral Revolving Credit Facility(4)
169,361 — 169,361 169,361 189,168 (709)188,459 189,168 
37/8% GBP Senior Notes due 2025 (the "GBP Notes")(5)(7)(8)
483,888 (2,589)481,299 445,206 540,481 (3,912)536,569 542,508 
47/8% Senior Notes due 2027 (the “47/8% Notes due 2027")(5)(6)(7)
1,000,000 (6,754)993,246 917,500 1,000,000 (8,176)991,824 1,030,000 
51/4% Senior Notes due 2028 (the “51/4% Notes due 2028")(5)(6)(7)
825,000 (6,200)818,800 754,875 825,000 (7,380)817,620 862,125 
5% Senior Notes due 2028 (the “5% Notes due 2028")(5)(6)(7)
500,000 (4,039)495,961 450,000 500,000 (4,763)495,237 513,750 
47/8% Senior Notes due 2029 (the “47/8% Notes due 2029")(5)(6)(7)
1,000,000 (9,764)990,236 865,000 1,000,000 (11,211)988,789 1,022,500 
51/4% Senior Notes due 2030 (the “51/4% Notes due 2030")(5)(6)(7)
1,300,000 (11,407)1,288,593 1,111,500 1,300,000 (12,911)1,287,089 1,355,250 
41/2% Senior Notes due 2031 (the “41/2% Notes")(5)(6)(7)
1,100,000 (10,161)1,089,839 891,000 1,100,000 (11,404)1,088,596 1,094,500 
5% Senior Notes due 2032 (the “5% Notes due 2032")(5)(7)(9)
750,000 (12,511)737,489 622,500 750,000 (13,782)736,218 767,813 
55/8% Senior Notes due 2032 (the “55/8% Notes")(5)(6)(7)
600,000 (5,566)594,434 520,500 600,000 (6,147)593,853 637,500 
Real Estate Mortgages, Financing Lease Liabilities and Other(10)
425,777 (578)425,199 425,777 460,648 (840)459,808 460,648 
Accounts Receivable Securitization Program(11)
314,700 (531)314,169 314,700 — (450)(450)— 
Total Long-term Debt10,650,265 (81,270)10,568,995 9,364,451 (92,510)9,271,941 
Less Current Portion(87,546)— (87,546)(310,084)656 (309,428)
Long-term Debt, Net of Current Portion$10,562,719 $(81,270)$10,481,449 $9,054,367 $(91,854)$8,962,513 
(1)The capital stock or other equity interests of our United States subsidiaries representing the substantial majority of our US operations, and up to 66% of the capital stock or other equity interests of most of our first-tier foreign subsidiaries, are pledged to secure these debt instruments, together with all intercompany obligations (including promissory notes) of subsidiaries owed to us or to one of our United States subsidiary guarantors. In addition, Iron Mountain Canada Operations ULC has pledged 66% of the capital stock of its subsidiaries, and all intercompany obligations (including promissory notes) owed to or held by it, to secure the Revolving Credit Facility. The fair value (Level 3 of fair value hierarchy described at Note 2.p.) of these debt instruments approximates the carrying value (as borrowings under these debt instruments are based on current variable market interest rates (plus a margin that is subject to change based on our consolidated leverage ratio), as of December 31, 2022 and 2021.
(2)The amount of debt for the Term Loan B (as defined below) reflects an unamortized original issue discount of $677 and $903 as of December 31, 2022 and 2021, respectively.
(3)The amount of debt for the AUD Term Loan reflects an unamortized original issue discount of $1,982 and $348 as of December 31, 2022 and 2021, respectively.
(4)The fair value (Level 3 of fair value hierarchy described at Note 2.p.) of this debt instrument approximates the carrying value as borrowings under this debt instrument are based on a current variable market interest rate.
(5)The fair values (Level 1 of fair value hierarchy described at Note 2.p.) of these debt instruments are based on quoted market prices for these notes on December 31, 2022 and 2021, respectively.
(6)Collectively, the "Parent Notes". IMI is the direct obligor on the Parent Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI’s United States subsidiaries that represent the substantial majority of our United States operations (the "Note Guarantors"). These guarantees are joint and several obligations of the Note Guarantors. The remainder of our subsidiaries do not guarantee the Parent Notes.
(7)Collectively, the "Unregistered Notes". The Unregistered Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or under the securities laws of any other jurisdiction. Unless they are registered, the Unregistered Notes may be offered only in transactions that are exempt from registration under the Securities Act or the securities laws of any other jurisdiction.
(8)Iron Mountain (UK) PLC ("IM UK") is the direct obligor on the GBP Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Note Guarantors. These guarantees are joint and several obligations of IMI and the Note Guarantors. The remainder of our subsidiaries do not guarantee the GBP Notes.
(9)Iron Mountain Information Management Services, Inc. ("IMIM Services") is the direct obligor on the 5% Notes due 2032, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Note Guarantors. These guarantees are joint and several obligations of IMI and the Note Guarantors. The remainder of our subsidiaries do not guarantee the 5% Notes due 2032.
(10)We believe the fair value (Level 3 of fair value hierarchy described at Note 2.p.) of this debt approximates its carrying value. This debt includes the following:
 DECEMBER 31, 2022DECEMBER 31, 2021
Real estate mortgages(1)
$58,355 $58,933 
Financing lease liabilities(2)
332,905 356,729 
Other notes and other obligations(3)
34,517 44,986 
 $425,777 $460,648 
(1)Bear interest at approximately 3.6% at both December 31, 2022 and 2021, and includes $50,000 outstanding under our Mortgage Securitization Program at both December 31, 2022 and 2021.
(2)Bear a weighted average interest rate of 5.2% and 5.9% at December 31, 2022 and 2021.
(3)These notes and other obligations, which were assumed by us as a result of certain acquisitions bear a weighted average interest rate of 10.1% and 10.7% at December 31, 2022 and 2021.
(11) The Accounts Receivable Securitization Special Purpose Subsidiaries are the obligors under this program. We believe the fair value (Level 3 of fair value hierarchy described at Note 2.p.) of this debt approximates its carrying value.
Schedule of Redemption Dates and Prices of the Senior or Senior Subordinated Notes
The key terms of our indentures are as follows:
SENIOR NOTESAGGREGATE
PRINCIPAL
AMOUNT		DIRECT
OBLIGOR		MATURITY DATECONTRACTUAL INTEREST RATEINTEREST PAYMENTS DUE
PAR CALL DATE(1)
GBP Notes£400,000  
IM UK
November 15, 2025
37/8%
May 15 and November 15November 15, 2022
47/8% Notes due 2027
$1,000,000 
IMI
September 15, 2027
47/8%
March 15 and September 15September 15, 2025
51/4% Notes due 2028
$825,000 
IMI
March 15, 2028
51/4%
March 15 and September 15March 15, 2025
5% Notes due 2028$500,000 
IMI
July 15, 2028
5%
January 15 and July 15July 15, 2025
47/8% Notes due 2029
$1,000,000 
IMI
September 15, 2029
47/8%
March 15 and September 15September 15, 2027
51/4% Notes due 2030
$1,300,000 
IMI
July 15, 2030
51/4%
January 15 and July 15July 15, 2028
41/2% Notes
$1,100,000 
IMI
February 15, 2031
41/2%
February 15 and August 15February 15, 2029
5% Notes due 2032$750,000 IMIM ServicesJuly 15, 20325%May 15 and November 15July 15, 2027
55/8% Notes
$600,000 
IMI
July 15, 2032
55/8%
January 15 and July 15July 15, 2029
(1)We may redeem the notes at any time, at our option, in whole or in part. Prior to the par call date, we may redeem the notes at the redemption price or make-whole premium specified in the applicable indenture, together with accrued and unpaid interest to, but excluding, the redemption date. On or after the par call date, we may redeem the notes at a price equal to 100% of the principal amount being redeemed, together with accrued and unpaid interest to, but excluding, the redemption date.
On December 28, 2021, IMIM Services completed a private offering of:
SERIES OF NOTESAGGREGATE PRINCIPAL AMOUNT
5% Notes due 2032
$750,000 
Schedule of Maturities of Long-term Debt MATURITIES OF LONG-TERM DEBT (GROSS OF DISCOUNTS) ARE AS FOLLOWS:
YEARAMOUNT
2023$87,546 
2024249,423 
2025920,142 
2026923,943 
20272,278,061 
Thereafter6,193,809 
10,652,924 
Net Discounts(2,659)
Net Deferred Financing Costs (81,270)
Total Long-term Debt (including current portion)$10,568,995