Iron Mountain (IRM) 10-Q 4 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 29, 2016
Document and Entity Information
Entity Registrant Name	IRON MOUNTAIN INC
Entity Central Index Key	1,020,569
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		263,248,643
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 236,989	$ 128,381
Accounts receivable (less allowances of $31,447 and $41,372 as of December 31, 2015 and June 30, 2016, respectively)	710,526	564,401
Deferred income taxes	5,190	22,179
Prepaid expenses and other	192,697	142,951
Assets held for sale	143,968	0
Total Current Assets	1,289,370	857,912
Property, Plant and Equipment:
Property, plant and equipment	5,540,949	4,744,236
Less—Accumulated depreciation	(2,344,701)	(2,247,078)
Property, Plant and Equipment, Net	3,196,248	2,497,158
Other Assets, Net:
Goodwill	3,840,090	2,360,978
Customer relationships and customer inducements	1,310,809	603,314
Other	104,537	31,225
Total Other Assets, Net	5,255,436	2,995,517
Total Assets	9,741,054	6,350,587
Current Liabilities:
Current portion of long-term debt	112,509	88,068
Accounts payable	220,119	219,590
Accrued expenses	415,536	351,061
Deferred revenue	212,231	183,112
Liabilities held for sale	21,634	0
Total Current Liabilities	982,029	841,831
Long-term Debt, Net of Current Portion	6,103,058	4,757,610
Other Long-term Liabilities	86,367	71,844
Deferred Rent	109,044	95,693
Deferred Income Taxes	214,526	55,002
Commitments and Contingencies (see Note 8)
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 211,340,296 shares and 263,023,040 shares as of December 31, 2015 and June 30, 2016, respectively)	2,630	2,113
Additional paid-in capital	3,492,658	1,623,863
(Distributions in excess of earnings) Earnings in excess of distributions	(1,124,924)	(942,218)
Accumulated other comprehensive items, net	(149,289)	(174,917)
Total Iron Mountain Incorporated Stockholders' Equity	2,221,075	508,841
Noncontrolling Interests	24,955	19,766
Total Equity	2,246,030	528,607
Total Liabilities and Equity	$ 9,741,054	$ 6,350,587

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, allowances (in dollars)	$ 41,372	$ 31,447
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, authorized shares	10,000,000	10,000,000
Preferred stock, issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, authorized shares	400,000,000	400,000,000
Common stock, issued shares	263,023,040	211,340,296
Common stock, outstanding shares	263,023,040	211,340,296

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	May 25, 2016	Feb. 18, 2016	Oct. 29, 2015	Aug. 27, 2015	May 28, 2015	Feb. 19, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Storage rental							$ 538,682	$ 461,209	$ 999,893	$ 920,081
Service							345,066	298,525	634,545	588,939
Total Revenues							883,748	759,734	1,634,438	1,509,020
Operating Expenses:
Cost of sales (excluding depreciation and amortization)							395,649	326,283	721,754	647,937
Selling, general and administrative							277,077	215,885	484,843	412,299
Depreciation and amortization							115,022	87,549	202,226	173,500
Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net							(626)	515	(1,077)	848
Total Operating Expenses							787,122	630,232	1,407,746	1,234,584
Operating Income (Loss)							96,626	129,502	226,692	274,436
Interest Expense (Income), Net							74,866	66,087	141,928	130,985
Other Expense (Income), Net							25,641	2,004	13,704	24,353
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes							(3,881)	61,411	71,060	119,098
Provision (Benefit) for Income Taxes							10,839	7,404	22,739	23,352
Income (Loss) from Continuing Operations							(14,720)	54,007	48,321	95,746
Total income (loss) from discontinued operations							1,587	0	1,587	0
Net income (loss)							(13,133)	54,007	49,908	95,746
Less: Net Income (Loss) Attributable to Noncontrolling Interests							835	677	1,102	1,320
Net Income (Loss) Attributable to Iron Mountain Incorporated							$ (13,968)	$ 53,330	$ 48,806	$ 94,426
Earnings (Losses) per Share—Basic:
Income (Loss) from Continuing Operations							$ (0.06)	$ 0.26	$ 0.21	$ 0.45
Total Income (Loss) from Discontinued Operations, Net of Tax, per Basic Share							0.01	0	0.01	0
Net Income (Loss) Attributable to Iron Mountain Incorporated							(0.06)	0.25	0.21	0.45
Earnings (Losses) per Share-Diluted:
Income (Loss) from Continuing Operations							(0.06)	0.25	0.21	0.45
Net Income (Loss) Attributable to Iron Mountain Incorporated							(0.06)	0.25	0.21	0.45
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share							$ 0.01	$ 0	$ 0.01	$ 0
Weighted Average Common Shares Outstanding-Basic (in shares)							246,387	210,699	228,957	210,468
Weighted Average Common Shares Outstanding-Diluted (in shares)							246,387	212,077	230,029	212,163
Dividends Declared per Common Share (in dollars per share)	$ 0.4850	$ 0.4850	$ 0.4850	$ 0.4750	$ 0.4750	$ 0.4750	$ 0.5174	$ 0.4752	$ 1.0051	$ 0.9499

CONSOLIDATED STATEMENTS OF OPE5

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement [Abstract]
Interest Income	$ 2,144	$ 831	$ 3,431	$ 1,645

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ (13,133)	$ 54,007	$ 49,908	$ 95,746
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	2,789	1,000	26,767	(55,175)
Market Value Adjustments for Securities			(734)	23
Total Other Comprehensive Income (Loss)	2,789	1,000	26,033	(55,152)
Comprehensive Income (Loss)	(10,344)	55,007	75,941	40,594
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	753	345	1,507	887
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	$ (11,097)	$ 54,662	$ 74,434	$ 39,707

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Earnings in Excess of Distributions (Distributions in Excess of Earnings)	Accumulated Other Comprehensive Items, Net	Noncontrolling Interests	Recall	RecallCommon Stock
Balance (in shares) at Dec. 31, 2014		209,818,812
Balance at Dec. 31, 2014	$ 869,955	$ 2,098	$ 1,588,841	$ (659,553)	$ (75,031)	$ 13,600
Increase (Decrease) in Stockholders' Equity
Issuance of shares under employee stock purchase plan and option plans and stock-based compensation	14,447	$ 10	14,437
Issuance of shares under employee stock purchase plan and option plans and stock-based compensation (in shares)		979,708
Parent cash dividends declared	(201,722)			(201,722)
Currency translation adjustment	(55,175)				(54,742)	(433)
Market Value Adjustments for Securities	23				23
Net income (loss)	95,746			94,426		1,320
Noncontrolling interests dividends	(1,049)					(1,049)
Balance at Jun. 30, 2015	$ 722,225	$ 2,108	1,603,278	(766,849)	(129,750)	13,438
Balance (in shares) at Jun. 30, 2015		210,798,520
Balance (in shares) at Dec. 31, 2015	211,340,296	211,340,296
Balance at Dec. 31, 2015	$ 528,607	$ 2,113	1,623,863	(942,218)	(174,917)	19,766
Increase (Decrease) in Stockholders' Equity
Issuance of shares under employee stock purchase plan and option plans and stock-based compensation	34,286	15	34,271
Fair Value of Common Stock Issued	1,835,026	$ 502	1,834,524				$ 1,835,026
Issuance of shares in connection with the acquisition of Recall Holdings Limited (in shares)								50,233,412
Issuance of shares under employee stock purchase plan and option plans and stock-based compensation (in shares)		1,449,332
Parent cash dividends declared	(231,512)			(231,512)
Currency translation adjustment	26,767				26,362	405
Market Value Adjustments for Securities	(734)				(734)
Net income (loss)	49,908			48,806		1,102
Noncontrolling interests equity contributions	1,299					1,299
Noncontrolling interests dividends	(1,123)					(1,123)
Purchase of noncontrolling interests	3,506					3,506
Balance at Jun. 30, 2016	$ 2,246,030	$ 2,630	$ 3,492,658	$ (1,124,924)	$ (149,289)	$ 24,955
Balance (in shares) at Jun. 30, 2016	263,023,040	263,023,040

CONSOLIDATED STATEMENTS OF EQU8

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement of Stockholders' Equity [Abstract]
Tax benefit (charge) on issuance of shares under employee stock purchase plan and option plans and stock-based compensation	$ 29	$ 260

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities:
Net income (loss)	$ 49,908	$ 95,746
(Income) loss from discontinued operations	(1,587)	0
Adjustments to reconcile net income (loss) to cash flows from operating activities:
Depreciation	168,920	151,015
Amortization (includes deferred financing costs and bond discount of $4,360 and $5,652, for the six months ended June 30, 2015 and 2016, respectively)	38,958	26,845
Stock-based compensation expense	15,913	14,777
(Benefit) Provision for deferred income taxes	(9,902)	(9,088)
Loss on early extinguishment of debt, net	9,283	0
Loss (Gain) on disposal/write-down of property, plant and equipment, net (including real estate)	(1,077)	848
Foreign currency transactions and other, net	11,478	(2,763)
Changes in Assets and Liabilities (exclusive of acquisitions):
Accounts receivable	1,746	4,943
Prepaid expenses and other	(41,020)	3,992
Accounts payable	(39,377)	(22,819)
Accrued expenses and deferred revenue	8,508	(81,091)
Other assets and long-term liabilities	(6,146)	(2,667)
Cash Flows from Operating Activities - Continuing Operations	205,605	179,738
Cash Flows from Operating Activities - Discontinued Operations	1,145	0
Cash Flows from Operating Activities	206,750	179,738
Cash Flows from Investing Activities:
Capital expenditures	(163,665)	(139,356)
Cash paid for acquisitions, net of cash acquired	(276,553)	(21,714)
Decrease in restricted cash	0	33,860
Acquisition of customer relationships	(10,324)	(15,515)
Customer inducements	(6,422)	(8,692)
Net proceeds from divestments (see Note 10)	53,950	0
Proceeds from sales of property and equipment and other, net (including real estate)	371	805
Cash Flows from Investing Activities—Continuing Operations	(402,643)	(150,612)
Cash Flows from Investing Activities—Discontinued Operations	90	0
Cash Flows from Investing Activities	(402,553)	(150,612)
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt	(7,387,114)	(4,915,045)
Proceeds from revolving credit, term loan and bridge facilities and other debt	7,186,805	5,075,035
Net proceeds from sales of senior notes	738,750	0
Debt financing and equity contribution from noncontrolling interests	1,299	0
Debt repayment and equity distribution to noncontrolling interests	(843)	(830)
Parent cash dividends	(232,596)	(203,229)
Net proceeds (payments) associated with employee stock-based awards	18,641	9,454
Excess tax benefit (deficiency) from stock-based compensation	29	260
Payment of debt financing and stock issuance costs	(12,032)	(1,114)
Net Cash Provided by (Used in) Financing Activities	312,939	(35,469)
Cash Flows from Financing Activities—Discontinued Operations	0	0
Effect of Exchange Rates on Cash and Cash Equivalents	(8,528)	(2,492)
(Decrease) Increase in cash and cash equivalents	108,608	(8,835)
Cash and cash equivalents, beginning of period	128,381	125,933
Cash and cash equivalents, end of period	236,989	117,098
Supplemental Information:
Cash Paid for Interest	136,351	129,518
Cash Paid for Income Taxes, net	28,133	23,151
Non-Cash Investing and Financing Activities:
Capital Leases	34,383	21,481
Accrued Capital Expenditures	40,801	31,116
Dividends Payable	4,493	4,675
Fair Value of Stock Issued for Recall Transaction (see Note 4)	$ 1,835,026	$ 0

CONSOLIDATED STATEMENTS OF CA10

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement of Cash Flows [Abstract]
Deferred financing costs and bond discount included in Amortization	$ 5,652	$ 4,360

General

General	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
General	The interim consolidated financial statements are presented herein and, in the opinion of management, reflect all adjustments of a normal recurring nature necessary for a fair presentation. Interim results are not necessarily indicative of results for a full year. Iron Mountain Incorporated, a Delaware corporation ("IMI"), and its subsidiaries ("we" or "us") store records, primarily physical records and data backup media, and provide information management services in various locations throughout North America, Europe, Latin America, Asia Pacific and Africa. We have a diversified customer base consisting of commercial, legal, banking, healthcare, accounting, insurance, entertainment and government organizations. The unaudited consolidated financial statements have been prepared pursuant to the rules and regulations of the United States Securities and Exchange Commission (the "SEC"). Certain information and footnote disclosures normally included in the annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") have been omitted pursuant to those rules and regulations, but we believe that the disclosures included herein are adequate to make the information presented not misleading. The Consolidated Financial Statements and Notes thereto, which are included herein, should be read in conjunction with the Consolidated Financial Statements and Notes thereto for the year ended December 31, 2015 included in our Annual Report on Form 10-K filed with the SEC on February 26, 2016 (our "Annual Report"). We have been organized and have operated as a real estate investment trust for federal income tax purposes ("REIT") effective for our taxable year beginning January 1, 2014. On May 2, 2016 (Sydney, Australia time), we completed the acquisition of Recall Holdings Limited ("Recall") pursuant to the Scheme Implementation Deed, as amended, with Recall (the "Recall Transaction"). At the closing of the Recall Transaction, we paid approximately $331,800 and issued 50,233,412 shares of our common stock which, based on the closing price of our common stock as of April 29, 2016 (the last day of trading on the New York Stock Exchange ("NYSE") prior to the closing of the Recall Transaction) of $36.53 per share, resulted in a total purchase price to Recall shareholders of approximately $2,166,900 . See Note 4.

Summary of Significant Accounti

Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	This Note 2 to Notes to Consolidated Financial Statements provides information and disclosure regarding certain of our significant accounting policies and should be read in conjunction with Note 2 to Notes to Consolidated Financial Statements included in our Annual Report, which may provide additional information with regard to the accounting policies set forth herein and other of our significant accounting policies. a. Foreign Currency Local currencies are the functional currencies for our operations outside the United States, with the exception of certain foreign holding companies and our financing centers in Europe, whose functional currency is the United States dollar. In those instances where the local currency is the functional currency, assets and liabilities are translated at period-end exchange rates, and revenues and expenses are translated at average exchange rates for the applicable period. Resulting translation adjustments are reflected in the accumulated other comprehensive items, net component of Iron Mountain Incorporated Stockholders' Equity and Noncontrolling Interests in the accompanying Consolidated Balance Sheets. The gain or loss on foreign currency transactions, calculated as the difference between the historical exchange rate and the exchange rate at the applicable measurement date, including those related to (1) our previously outstanding 6 3 / 4 % Euro Senior Subordinated Notes due 2018 (the "6 3 / 4 % Notes"), (2) borrowings in certain foreign currencies under our Revolving Credit Facility (as defined in Note 5) and (3) certain foreign currency denominated intercompany obligations of our foreign subsidiaries to us and between our foreign subsidiaries, which are not considered permanently invested, are included in other expense (income), net, in the accompanying Consolidated Statements of Operations. Total loss on foreign currency transactions for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Total loss on foreign currency transactions $ 1,656 $ 17,193 $ 23,922 $ 4,651 b. Goodwill and Other Intangible Assets Goodwill and indefinite-lived intangible assets We have selected October 1 as our annual goodwill impairment review date. We performed our most recent annual goodwill impairment review as of October 1, 2015 and concluded there was no impairment of goodwill at such date. As of December 31, 2015 , no factors were identified that would alter our October 1, 2015 goodwill analysis. While several of our reporting units were impacted by our acquisition of Recall, no factors were identified as of June 30, 2016 that would indicate an impairment of goodwill. In making this assessment, we relied on a number of factors including operating results, business plans, anticipated future cash flows, transactions and marketplace data. There are inherent uncertainties related to these factors and our judgment in applying them to the analysis of goodwill impairment. When changes occur in the composition of one or more reporting units, the goodwill is reassigned to the reporting units affected based on their relative fair values. Refer to our Annual Report for information regarding the composition of our reporting units as of December 31, 2015. The carrying value of goodwill, net for each of our reporting units as of December 31, 2015 was as follows: Carrying Value North American Records and Information Management(1) $ 1,342,723 North American Secure Shredding(1) 73,021 North American Data Management(2) 369,907 Adjacent Businesses - Data Centers(3) — Adjacent Businesses - Consumer Storage(3) 4,636 Adjacent Businesses - Fine Arts(3) 21,550 UKI(4) 260,202 Continental Western Europe(4) 63,442 Emerging Markets - Europe(5) 87,378 Latin America(5) 78,537 Australia(5) 47,786 Southeast Asia(5) 5,683 India(5) 6,113 Total $ 2,360,978 _______________________________________________________________________________ (1) This reporting unit is included in the North American Records and Information Management Business segment. (2) This reporting unit is included in the North American Data Management Business segment. (3) This reporting unit is included in the Corporate and Other Business segment. (4) This reporting unit is included in the Western European Business segment. (5) This reporting unit is included in the Other International Business segment. The acquisition of Recall, which is more fully disclosed in Note 4, impacted our reporting units as of June 30, 2016 as follows: • North American Records and Information Management - includes the goodwill associated with the records and information management businesses of Recall in the United States and Canada. • North American Secure Shredding - includes the goodwill associated with the secure shredding businesses of Recall in the United States and Canada. • North American Data Management - includes the goodwill associated with the data management businesses of Recall in the United States and Canada. • UKI - includes the goodwill associated with the operations of Recall in the United Kingdom. • Continental Western Europe - includes the goodwill associated with the operations of Recall in Belgium, France, Germany, Spain and Switzerland, as well as the goodwill associated with the document management solutions (“DMS”) operations of Recall in Sweden. • Northern and Eastern Europe - this reporting unit consists of our former Emerging Markets - Europe reporting unit (as described in our Annual Report), and includes the goodwill associated with the operations of Recall in Denmark, Finland and Norway, as well as the goodwill associated with the records and information management operations of Recall in Sweden. This reporting unit is included in the Other International Business segment. • Latin America - includes the goodwill associated with the operations of Recall in Brazil and Mexico. • Australia and New Zealand - this reporting unit consists of the goodwill associated with the Australia Retained Business (as defined in Note 4), which was a component of our former Australia reporting unit, as well as the operations of Recall in Australia and New Zealand. This reporting unit is included in the Other International Business segment. • Southeast Asia - includes the goodwill associated with the operations of Recall in China, Hong Kong, Malaysia, Singapore, Taiwan and Thailand. • Africa and India - includes the goodwill associated with the operations of Recall in India. The carrying value of goodwill, net for each of our reporting units as of June 30, 2016 is as follows: Carrying Value North American Records and Information Management $ 2,081,192 North American Secure Shredding 151,187 North American Data Management 503,913 Adjacent Businesses - Data Centers — Adjacent Businesses - Consumer Storage 4,636 Adjacent Businesses - Fine Arts 22,911 UKI 337,012 Continental Western Europe 116,290 Northern and Eastern Europe(1) 138,021 Latin America 141,145 Australia and New Zealand 150,727 Southeast Asia 174,802 Africa and India(2) 18,254 Total $ 3,840,090 _______________________________________________________________________________ (1) Included in this reporting unit at June 30, 2016 is the goodwill associated with our March 2016 acquisition of Archyvu Sistemos as more fully disclosed in Note 4. (2) Included in this reporting unit at June 30, 2016 is the goodwill associated with our March 2016 acquisition of Docufile Holdings Proprietary Limited as more fully disclosed in Note 4. The changes in the carrying value of goodwill attributable to each reportable operating segment for the six months ended June 30, 2016 are as follows: North American North American Western European Business Other International Business Corporate and Other Business Total Gross Balance as of December 31, 2015 $ 1,620,425 $ 423,606 $ 381,149 $ 225,626 $ 26,186 $ 2,676,992 Deductible goodwill acquired during the year — — — — — — Non-deductible goodwill acquired during the year 812,945 132,251 154,750 425,426 215 1,525,587 Goodwill reclassified as assets held for sale (see Note 10) (3,332 ) — — (40,089 ) — (43,421 ) Fair value and other adjustments(1) (157 ) — — (515 ) 1,146 474 Currency effects 7,649 1,873 (25,706 ) 12,563 — (3,621 ) Gross Balance as of June 30, 2016 $ 2,437,530 $ 557,730 $ 510,193 $ 623,011 $ 27,547 $ 4,156,011 Accumulated Amortization Balance as of December 31, 2015 $ 204,681 $ 53,699 $ 57,505 $ 129 $ — $ 316,014 Currency effects 470 118 (614 ) (67 ) — (93 ) Accumulated Amortization Balance as of June 30, 2016 $ 205,151 $ 53,817 $ 56,891 $ 62 $ — $ 315,921 Net Balance as of December 31, 2015 $ 1,415,744 $ 369,907 $ 323,644 $ 225,497 $ 26,186 $ 2,360,978 Net Balance as of June 30, 2016 $ 2,232,379 $ 503,913 $ 453,302 $ 622,949 $ 27,547 $ 3,840,090 Accumulated Goodwill Impairment Balance as of December 31, 2015 $ 85,909 $ — $ 46,500 $ — $ — $ 132,409 Accumulated Goodwill Impairment Balance as of June 30, 2016 $ 85,909 $ — $ 46,500 $ — $ — $ 132,409 _______________________________________________________________________________ (1) Total fair value and other adjustments primarily include net adjustments of $656 related to property, plant and equipment and customer relationship intangible assets, partially offset by $182 of cash received related to certain acquisitions completed in 2015. Finite-lived intangible assets Customer relationship intangible assets, which are acquired through either business combinations or acquisitions of customer relationships, are amortized over periods ranging from 10 to 30 years. The value of customer relationship intangible assets is calculated based upon estimates of their fair value utilizing an income approach based on the present value of expected future cash flows. Costs related to the acquisition of large volume accounts are capitalized. Free intake costs to transport boxes to one of our facilities, which include labor and transportation charges ("Move Costs"), are amortized over periods ranging from one to 30 years, and are included in depreciation and amortization in the accompanying Consolidated Statements of Operations. Payments that are made to a customer's current records management vendor in order to terminate the customer's existing contract with that vendor, or direct payments to a customer ("Permanent Withdrawal Fees"), are amortized over periods ranging from one to 15 years and are included in storage and service revenue in the accompanying Consolidated Statements of Operations. Move Costs and Permanent Withdrawal Fees are collectively referred to as "Customer Inducements". If the customer terminates its relationship with us, the unamortized carrying value of the Customer Inducement intangible asset is charged to expense or revenue. However, in the event of such termination, we generally collect, and record as income, permanent removal fees that generally equal or exceed the amount of the unamortized Customer Inducement intangible asset. Other intangible assets, including noncompetition agreements and trademarks, are capitalized and amortized over periods ranging from five to 10 years. The components of our finite-lived intangible assets as of December 31, 2015 and June 30, 2016 are as follows: December 31, 2015 June 30, 2016 Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Customer relationship intangible assets and Customer Inducements $ 937,174 $ (333,860 ) $ 603,314 $ 1,663,678 $ (352,869 ) $ 1,310,809 Core Technology(1) 3,370 (3,370 ) — 1,625 (1,625 ) — Trademarks and Non-Compete Agreements(1) 7,741 (4,955 ) 2,786 24,448 (6,164 ) 18,284 Total $ 948,285 $ (342,185 ) $ 606,100 $ 1,689,751 $ (360,658 ) $ 1,329,093 _______________________________________________________________________________ (1) Included in Other, a component of Other Assets, net in the accompanying Consolidated Balance Sheets. Amortization expense associated with finite-lived intangible assets and deferred financing costs for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Amortization expense associated with finite-lived intangible assets and deferred financing costs $ 13,593 $ 24,395 $ 26,845 $ 38,958 c. Stock-Based Compensation We record stock-based compensation expense, utilizing the straight-line method, for the cost of stock options, restricted stock units ("RSUs"), performance units ("PUs") and shares of stock issued under our employee stock purchase plan ("ESPP") (together, "Employee Stock-Based Awards"). Stock-based compensation expense for Employee Stock-Based Awards included in the accompanying Consolidated Statements of Operations for the three and six months ended June 30, 2015 was $7,921 ( $5,467 after tax or $0.03 per basic and diluted share) and $14,777 ( $10,413 after tax or $0.05 per basic and diluted share), respectively. Stock-based compensation expense for Employee Stock-Based Awards for the three and six months ended June 30, 2016 was $9,028 ( $7,011 after tax or $0.03 per basic and diluted share) and $15,913 ( $11,925 after tax or $0.05 per basic and diluted share), respectively. Stock-based compensation expense for Employee Stock-Based Awards included in the accompanying Consolidated Statements of Operations is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ 46 $ 25 $ 91 $ 52 Selling, general and administrative expenses 7,875 9,003 14,686 15,861 Total stock-based compensation $ 7,921 $ 9,028 $ 14,777 $ 15,913 The benefits associated with the tax deductions in excess of recognized compensation cost are required to be reported as financing activities in the accompanying Consolidated Statements of Cash Flows. This requirement impacts reported operating cash flows and reported financing cash flows. As a result, net financing cash flows included $260 and $29 for the six months ended June 30, 2015 and 2016 , respectively, from the benefit of tax deductions compared to recognized compensation cost. The tax benefit of any resulting excess tax deduction increases the Additional Paid-in Capital ("APIC") pool. Any resulting tax deficiency is deducted from the APIC pool. Stock Options A summary of our stock options outstanding as of June 30, 2016 by vesting terms is as follows: June 30, 2016 Stock Options Outstanding % of Stock Options Outstanding Three-year vesting period (10 year contractual life) 2,856,930 70.1 % Five-year vesting period (10 year contractual life) 948,752 23.3 % Ten-year vesting period (12 year contractual life) 271,138 6.6 % 4,076,820 The weighted average fair value of stock options granted for the six months ended June 30, 2015 and 2016 was $4.99 and $2.49 per share, respectively. These values were estimated on the date of grant using the Black-Scholes stock option pricing model. The weighted average assumptions used for grants in the respective period are as follows: Six Months Ended Weighted Average Assumptions 2015 2016 Expected volatility 28.6 % 27.2 % Risk-free interest rate 1.70 % 1.32 % Expected dividend yield 5 % 7 % Expected life 5.5 years 5.6 years Expected volatility is calculated utilizing daily historical volatility over a period that equates to the expected life of the stock option. The risk-free interest rate was based on the United States Treasury interest rates whose term is consistent with the expected life (estimated period of time outstanding) of the stock options. Expected dividend yield is considered in the stock option pricing model and represents our current annualized expected per share dividends over the current trade price of our common stock. The expected life of the stock options granted is estimated using the historical exercise behavior of employees. A summary of stock option activity for the six months ended June 30, 2016 is as follows: Stock Options Weighted Weighted Average Outstanding at December 31, 2015 3,688,814 $ 27.79 Granted 1,408,788 33.88 Exercised (998,993 ) 23.94 Forfeited (10,526 ) 34.16 Expired (11,263 ) 30.60 Outstanding at June 30, 2016 4,076,820 $ 30.81 6.91 $ 39,796 Options exercisable at June 30, 2016 1,897,278 $ 25.70 4.34 $ 27,818 Options expected to vest 2,030,097 $ 35.27 9.15 $ 11,180 The aggregate intrinsic value of stock options exercised for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Aggregate intrinsic value of stock options exercised $ 1,716 $ 9,926 $ 5,883 $ 11,359 Restricted Stock Units Under our various equity compensation plans, we may also grant RSUs. Our RSUs generally have a vesting period of between three and five years from the date of grant. However, RSUs granted to our non-employee directors in 2015 and thereafter vest immediately upon grant. All RSUs accrue dividend equivalents associated with the underlying stock as we declare dividends. Dividends will generally be paid to holders of RSUs in cash upon the vesting date of the associated RSU and will be forfeited if the RSU does not vest. The fair value of RSUs is the excess of the market price of our common stock at the date of grant over the purchase price (which is typically zero). Cash dividends accrued and paid on RSUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on RSUs $ 631 $ 616 $ 1,301 $ 1,247 Cash dividends paid on RSUs 571 196 2,300 1,831 The fair value of RSUs vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of RSUs vested $ 3,600 $ 2,807 $ 19,184 $ 17,785 A summary of RSU activity for the six months ended June 30, 2016 is as follows: RSUs Weighted- Non-vested at December 31, 2015 1,217,597 $ 33.68 Granted 596,401 31.26 Vested (528,210 ) 33.67 Forfeited (33,563 ) 34.31 Non-vested at June 30, 2016 1,252,225 $ 32.51 Performance Units Under our various equity compensation plans, we may also make awards of PUs. For the majority of outstanding PUs, the number of PUs earned is determined based on our performance against predefined targets of revenue and return on invested capital ("ROIC"). The number of PUs earned may range from 0% to 200% of the initial award. The number of PUs earned is determined based on our actual performance as compared to the targets at the end of a three -year performance period. Certain PUs that we grant will be earned based on a market condition associated with the total return on our common stock in relation to a subset of the Standard & Poor's 500 Index rather than the revenue and ROIC targets noted above. The number of PUs earned based on this market condition may range from 0% to 200% of the initial award. All of our PUs will be settled in shares of our common stock and are subject to cliff vesting three years from the date of the original PU grant. PUs awarded to employees who terminate their employment during the three -year performance period and on or after attaining age 55 and completing 10 years of qualifying service are eligible for pro-rated vesting, subject to the actual achievement against the predefined targets or a market condition as discussed above, based on the number of full years of service completed following the grant date (but delivery of the shares remains deferred). As a result, PUs are generally expensed over the three-year performance period. All PUs accrue dividend equivalents associated with the underlying stock as we declare dividends. Dividends will generally be paid to holders of PUs in cash upon the settlement date of the associated PU and will be forfeited if the PU does not vest. Cash dividends accrued and paid on PUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on PUs $ 214 $ 263 $ 425 $ 525 Cash dividends paid on PUs — — 1,015 645 During the six months ended June 30, 2016 , we issued 221,662 PUs. The majority of our PUs are earned based on our performance against revenue and ROIC targets during their applicable performance period; therefore, we forecast the likelihood of achieving the predefined revenue and ROIC targets in order to calculate the expected PUs to be earned. We record a compensation charge based on either the forecasted PUs to be earned (during the performance period) or the actual PUs earned (at the three-year anniversary of the grant date) over the vesting period for each of the awards. For PUs earned based on a market condition, we utilize a Monte Carlo simulation to fair value these awards at the date of grant, and such fair value is expensed over the three-year performance period. As of June 30, 2016 , we expected 0% , 100% and 100% achievement of the predefined revenue and ROIC targets associated with the awards of PUs made in 2014 , 2015 and 2016 , respectively. The fair value of earned PUs that vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of earned PUs that vested $ 44 $ 1,174 $ 2,107 $ 5,255 A summary of PU activity for the six months ended June 30, 2016 is as follows: Original PU Adjustment(1) Total Weighted- Non-vested at December 31, 2015 520,764 (86,959 ) 433,805 $ 34.11 Granted 221,662 — 221,662 35.11 Vested (148,403 ) — (148,403 ) 35.41 Forfeited/Performance or Market Conditions Not Achieved (2,106 ) (34,079 ) (36,185 ) 44.36 Non-vested at June 30, 2016 591,917 (121,038 ) 470,879 $ 33.38 _______________________________________________________________________________ (1) Represents an increase or decrease in the number of original PUs awarded based on either the final performance criteria or market condition achievement at the end of the performance period of such PUs or a change in estimated awards based on the forecasted performance against the predefined targets. Employee Stock Purchase Plan We offer an ESPP in which participation is available to substantially all United States and Canadian employees who meet certain service eligibility requirements. The price for shares purchased under the ESPP is 95% of the market price of our common stock at the end of the offering period, without a look-back feature. As a result, we do not recognize compensation expense for the ESPP shares purchased. For the six months ended June 30, 2015 and 2016 , there were 59,569 shares and 56,662 shares, respectively, purchased under the ESPP. As of June 30, 2016 , we had 781,767 shares available under the ESPP. _______________________________________________________________________________ As of June 30, 2016 , unrecognized compensation cost related to the unvested portion of our Employee Stock-Based Awards was $47,863 and is expected to be recognized over a weighted-average period of 2.1 years. We generally issue shares of our common stock for the exercises of stock options, RSUs, PUs and shares of our common stock under our ESPP from unissued reserved shares. d. Income (Loss) Per Share—Basic and Diluted Basic income (loss) per common share is calculated by dividing income (loss) by the weighted average number of common shares outstanding. The calculation of diluted income (loss) per share is consistent with that of basic income (loss) per share but gives effect to all potential common shares (that is, securities such as stock options, warrants or convertible securities) that were outstanding during the period, unless the effect is antidilutive. The calculation of basic and diluted income (loss) per share for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Income (loss) from continuing operations $ 54,007 $ (14,720 ) $ 95,746 $ 48,321 Total income (loss) from discontinued operations $ — $ 1,587 $ — $ 1,587 Net income (loss) attributable to Iron Mountain Incorporated $ 53,330 $ (13,968 ) $ 94,426 $ 48,806 Weighted-average shares—basic 210,699,000 246,387,000 210,468,000 228,957,000 Effect of dilutive potential stock options 958,714 — 1,091,022 622,293 Effect of dilutive potential RSUs and PUs 419,002 — 603,880 450,100 Weighted-average shares—diluted 212,076,716 246,387,000 212,162,902 230,029,393 Earnings (losses) per share—basic: Income (loss) from continuing operations $ 0.26 $ (0.06 ) $ 0.45 $ 0.21 Total income (loss) from discontinued operations $ — $ 0.01 $ — $ 0.01 Net income (loss) attributable to Iron Mountain Incorporated $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Earnings (losses) per share—diluted: Income (loss) from continuing operations $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Total income (loss) from discontinued operations $ — $ 0.01 $ — $ 0.01 Net income (loss) attributable to Iron Mountain Incorporated $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Antidilutive stock options, RSUs and PUs, excluded from the calculation 1,335,373 1,594,475 846,803 2,208,135 e. Income Taxes We provide for income taxes during interim periods based on our estimate of the effective tax rate for the year. Discrete items and changes in our estimate of the annual effective tax rate are recorded in the period they occur. Our effective tax rate is subject to variability in the future due to, among other items: (1) changes in the mix of income between our qualified REIT subsidiaries and our domestic taxable REIT subsidiaries ("TRSs"), as well as among the jurisdictions in which we operate; (2) tax law changes; (3) volatility in foreign exchange gains and losses; (4) the timing of the establishment and reversal of tax reserves; and (5) our ability to utilize net operating losses that we generate. Our effective tax rates for the three and six months ended June 30, 2015 were 12.1% and 19.6% , respectively. For the three months ended June 30, 2016, we had a net loss from continuing operations before provision of income taxes of $3,881 and a provision for income taxes of $10,839 ; as such our effective tax rate for the three months ended June 30, 2016 is not meaningful. Our effective tax rate for the six months ended June 30, 2016 was 32.0% . The primary reconciling items between the federal statutory tax rate of 35.0% and our overall effective tax rates in the three and six months ended June 30, 2015 were the benefit derived from the dividends paid deduction, differences in the rates of tax at which our foreign earnings are subject, including foreign exchange gains and losses in different jurisdictions with different tax rates, and state income taxes. The primary reconciling items between the federal statutory tax rate of 35.0% and our overall effective tax rates in the three and six months ended June 30, 2016 were the benefit derived from the dividends paid deduction and differences in the rates of tax at which our foreign earnings are subject, including foreign exchange gains and losses in different jurisdictions with different tax rates. f. Concentrations of Credit Risk Financial instruments that potentially subject us to credit risk consist principally of cash and cash equivalents (including money market funds and time deposits) and accounts receivable. The only significant concentrations of liquid investments as of December 31, 2015 and June 30, 2016 relate to cash and cash equivalents. At December 31, 2015, we had time deposits with four global banks. At June 30, 2016, we had time deposits with five global banks. We consider the global banks to be large, highly-rated investment-grade institutions. As of December 31, 2015 and June 30, 2016 , our cash and cash equivalents were $128,381 and $236,989 , respectively, including time deposits amounting to $18,645 and $18,743 , respectively. g. Fair Value Measurements Our financial assets or liabilities that are carried at fair value are required to be measured using inputs from the three levels of the fair value hierarchy. A financial asset or liability's classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. The three levels of the fair value hierarchy are as follows: Level 1—Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date. Level 2—Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3—Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability. The assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2015 and June 30, 2016 , respectively, are as follows: Fair Value Measurements at Description Total Carrying Value at December 31, 2015 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Time Deposits(1) $ 18,645 $ — $ 18,645 $ — Trading Securities 10,371 9,514 (2) 857 (1) — Available-for-Sale Securities 624 624 (2) — — Fair Value Measurements at Description Total Carrying Value at June 30, 2016 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Time Deposits(1) $ 18,743 $ — $ 18,743 $ — Trading Securities 10,357 9,877 (2) 480 (1) — _______________________________________________________________________________ (1) Time deposits and certain trading securities are measured based on quoted prices for similar assets and/or subsequent transactions. (2) Available-for-sale securities and certain trading securities are measured at fair value using quoted market prices. Disclosures are required in the financial statements for items measured at fair value on a non-recurring basis. We did not have any material items that are measured at fair value on a non-recurring basis at December 31, 2015 and June 30, 2016 , except goodwill calculated based on Level 3 inputs, as more fully disclosed in Note 2.b., and the assets and liabilities acquired through acquisitions, as more fully disclosed in Note 4. The fair value of our long-term debt, which was determined based on either Level 1 inputs or Level 3 inputs, is disclosed in Note 5. Long-term debt is measured at cost in our Consolidated Balance Sheets as of December 31, 2015 and June 30, 2016 . h. Accumulated Other Comprehensive Items, Net The changes in accumulated other comprehensive items, net for the three months ended June 30, 2015 and 2016 , respectively, are as follows: Foreign Market Value Total Balance as of March 31, 2015 $ (132,084 ) $ 1,002 $ (131,082 ) Other comprehensive income (loss): Foreign currency translation adjustments 1,332 — 1,332 Total other comprehensive income (loss) 1,332 — 1,332 Balance as of June 30, 2015 $ (130,752 ) $ 1,002 $ (129,750 ) Foreign Market Value Total Balance as of March 31, 2016 $ (152,160 ) $ — $ (152,160 ) Other comprehensive income (loss): Foreign currency translation adjustments 2,871 — 2,871 Total other comprehensive income (loss) 2,871 — 2,871 Balance as of June 30, 2016 $ (149,289 ) $ — $ (149,289 ) The changes in accumulated other comprehensive items, net for the six months ended June 30, 2015 and 2016 , respectively, are as follows: Foreign Market Value Total Balance as of December 31, 2014 $ (76,010 ) $ 979 $ (75,031 ) Other comprehensive (loss) income: Foreign currency translation adjustments (54,742 ) — (54,742 ) Market value adjustment for securities — 23 23 Total other comprehensive (loss) income (54,742 ) 23 (54,719 ) Balance as of June 30, 2015 $ (130,752 ) $ 1,002 $ (129,750 ) Foreign Market Value Total Balance as of December 31, 2015 $ (175,651 ) $ 734 $ (174,917 ) Other comprehensive income (loss): Foreign currency translation adjustments 26,362 — 26,362 Market value adjustment for securities — (734 ) (734 ) Total other comprehensive income (loss) 26,362 (734 ) 25,628 Balance as of June 30, 2016 $ (149,289 ) $ — $ (149,289 ) i. Other Expense (Income), Net Other expense (income), net for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Foreign currency transaction losses (gains), net $ 1,656 $ 17,193 $ 23,922 $ 4,651 Debt extinguishment expense — 9,283 — 9,283 Other, net 348 (835 ) 431 (230 ) $ 2,004 $ 25,641 $ 24,353 $ 13,704 j. Pr

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Historically, we have entered into separate forward contracts to hedge our exposures in Euros, British pounds sterling and Australian dollars. As of December 31, 2015 and June 30, 2016 , however, we had no forward contracts outstanding. Net cash payments included in cash from operating activities related to settlements associated with foreign currency forward contracts for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Net cash payments $ 12,368 $ — $ 29,188 $ — (Gains) losses for our derivative instruments for the three and six months ended June 30, 2015 and 2016 are as follows: Amount of (Gain) Loss Recognized in Three Months Ended June 30, Six Months Ended June 30, Derivatives Not Designated as Location of (Gain) Loss 2015 2016 2015 2016 Foreign exchange contracts Other expense (income), net $ (8,119 ) $ — $ 20,414 $ — We have designated a portion of our previously outstanding 6 3 / 4 % Notes and Euro denominated borrowings by IMI under our Revolving Credit Facility (discussed more fully in Note 5) as a hedge of net investment of certain of our Euro denominated subsidiaries. For the six months ended June 30, 2015 and 2016 , we designated, on average, 35,786 and 30,102 Euros, respectively, of the previously outstanding 6 3 / 4 % Notes and Euro denominated borrowings by IMI under our Revolving Credit Facility as a hedge of net investment of certain of our Euro denominated subsidiaries. As a result, we recorded the following foreign exchange (losses) gains, net of tax, related to the change in fair value of such debt due to currency translation adjustments, which is a component of accumulated other comprehensive items, net: Three Months Ended Six Months Ended 2015 2016 2015 2016 Foreign exchange (losses) gains $ (1,464 ) $ 754 $ 3,466 $ (588 ) Less: Tax (benefit) expense on foreign exchange (losses) gains — — — — Foreign exchange (losses) gains, net of tax $ (1,464 ) $ 754 $ 3,466 $ (588 ) As of June 30, 2016 , cumulative net gains of $16,508 , net of tax are recorded in accumulated other comprehensive items, net associated with this net investment hedge.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisitions	We account for acquisitions using the acquisition method of accounting, and, accordingly, the assets and liabilities acquired are recorded at their estimated fair values and the results of operations for each acquisition have been included in our consolidated results from their respective acquisition dates. Cash consideration for our various acquisitions in 2016 was primarily provided through borrowings under our Revolving Credit Facility and Bridge Facility (each as defined in Note 5) as well as cash and cash equivalents on-hand. a. Acquisition of Recall On May 2, 2016 (Sydney, Australia time), we completed the Recall Transaction. At the closing of the Recall Transaction, we paid approximately $331,800 and issued 50,233,412 shares of our common stock which, based on the closing price of our common stock as of April 29, 2016 (the last day of trading on the NYSE prior to the closing of the Recall Transaction) of $ 36.53 per share, resulted in a total purchase price to Recall shareholders of approximately $2,166,900 . Regulatory Approvals In connection with the acquisition of Recall, we sought regulatory approval of the Recall Transaction from the United States Department of Justice (the “DOJ”), the Australian Competition and Consumer Commission (the “ACCC”), the Canada Competition Bureau (the “CCB”), and the United Kingdom Competition and Markets Authority (the “CMA”). As part of the regulatory approval process, we agreed to make certain divestments, which are described below in greater detail, in order to address competition concerns raised by the DOJ, the ACCC, the CCB and the CMA in respect of the Recall Transaction (the “Divestments”). See Note 10 for additional information regarding the Divestments, including the presentation of the Divestments in our Consolidated Balance Sheet as of June 30, 2016, our Consolidated Statements of Operations for the three and six months ended June 30, 2015 and 2016, respectively, and our Consolidated Statements of Cash Flows for the six months ended June 30, 2015 and 2016, respectively. Divestments and Management Pending Sales i. United States The DOJ’s approval of the Recall Transaction was subject to the following divestments being made by us following the closing of the Recall Transaction: • Recall’s records and information management facilities, including all associated tangible and intangible assets, in the following 13 United States cities: Buffalo, New York; Charlotte, North Carolina; Detroit, Michigan; Durham, North Carolina; Greenville/Spartanburg, South Carolina; Kansas City, Kansas/Missouri; Nashville, Tennessee; Pittsburgh, Pennsylvania; Raleigh, North Carolina; Richmond, Virginia; San Antonio, Texas; Tulsa, Oklahoma; and San Diego, California (the “Initial United States Divestments”); and • Recall’s records and information management facility in Seattle, Washington and certain of Recall’s records and information management facilities in Atlanta, Georgia, including in each case associated tangible and intangible assets (the “Seattle/Atlanta Divestments”). On May 4, 2016, we completed the sale of the Initial United States Divestments to Access CIG, LLC, a privately held provider of information management services throughout the United States (“Access CIG”), for total consideration of approximately $80,000 , subject to adjustments (the “Access Sale”). Of the total consideration, we received $55,000 in cash proceeds upon closing of the Access Sale, and we are entitled to receive up to $25,000 of additional cash proceeds on the 27-month anniversary of the closing of the Access Sale. See Note 10 for additional information regarding the Access Sale. The Seattle/Atlanta Divestments will be effected by way of a sale of the tangible and intangible assets associated with the relevant facilities, which include warehouse space as well as customer contracts. We are in discussions with potential buyers for the Seattle/Atlanta Divestments. We have agreed to place the assets and employees subject to the Seattle/Atlanta Divestments in a hold separate arrangement until the Seattle/Atlanta Divestments are completed. ii. Australia The ACCC approved the Recall Transaction after accepting an undertaking from us pursuant to section 87B of the Australian Competition and Consumer Act 2010 (Cth) (the “ACCC Undertaking”). Pursuant to the ACCC Undertaking, we will divest the majority of our Australian operations as they existed prior to the closing of the Recall Transaction by way of a share sale, which effectively involves the sale of our Australian business (as it existed prior to the closing of the Recall Transaction) other than our data management business throughout Australia and our records and information management business in the Northern Territory of Australia, except in relation to customers who have holdings in other Australian states or territories (the “Australia Divestment Business” and, with respect to the portion of our Australia business that is not subject to divestment, the “Australia Retained Business”). Pursuant to the ACCC Undertaking, we may only sell the Australia Divestment Business to a person who is independent of the combined company and has been approved by the ACCC (the “Approved Purchaser”). The ACCC Undertaking provides that we will sell the Australia Divestment Business within a set period of time following the closing of the Recall Transaction. If the sale of the Australia Divestment Business is not completed within that period, we must appoint an independent sale agent approved by the ACCC to effect the sale of the Australia Divestment Business. There is no minimum price at which the independent sale agent must sell the Australia Divestment Business. Until the Australia Divestment Business is sold to the Approved Purchaser, we are required to preserve the Australia Divestment Business as a separate and independently viable going concern. In addition, until the Australia Divestment Business is sold to the Approved Purchaser, the Australia Divestment Business is being managed by an independent manager selected by us and approved by the ACCC. We are in discussions with potential buyers for the Australia Divestment Business. iii. Canada The CCB approved the Recall Transaction on the basis of the registration of a consent agreement with us pursuant to sections 92 and 105 of the Competition Act (R.S.C., 1985, c. C-34) (the “CCB Consent Agreement”). The CCB Consent Agreement requires us to divest the following assets: • Recall’s record and information management facilities, including associated tangible and intangible assets and employees, in Edmonton, Alberta and Montreal (Laval), Quebec and certain of Recall’s record and information management facilities, including all associated tangible and intangible assets and employees, in Calgary, Alberta and Toronto, Ontario, (the “Recall Canadian Divestments”); and • One of our records and information management facilities in Vancouver (Burnaby), British Columbia and one of our records and information management facilities in Ottawa, Ontario, including associated tangible and intangible assets and employees (the “Iron Mountain Canadian Divestments”). The Recall Canadian Divestments and the Iron Mountain Canadian Divestments (or collectively, the “Canadian Divestments”) will be affected by way of a sale of only the tangible and intangible assets associated with the relevant facilities, which include warehouse space as well as customer contracts. Under the CCB Consent Agreement, the assets subject of the Canadian Divestments will be acquired by a single buyer to be approved by the Commissioner of Competition (the “Commissioner”). Pursuant to the terms of the CCB Consent Agreement, in order to preserve the businesses of the Canadian Divestments, pending completion of a sale of the Canadian Divestments, we must maintain the economic viability and marketability of the businesses of the Canadian Divestments, and we are required to hold the Recall Canadian Divestments separate from those of our other operations. In addition, the business of the Recall Canadian Divestments is being managed by an independent manager selected by us and approved by the Commissioner. We are in discussions with potential buyers for the Canadian Divestments. iv. United Kingdom In January 2016, the CMA referred the Recall Transaction for further investigation and report by a group of CMA panel members who were responsible for determining whether the Recall Transaction would result in a substantial lessening of competition within the relevant United Kingdom markets (the “CMA Review”). On March 30, 2016, the CMA announced its conditional consent for the Recall Transaction prior to the CMA’s issuance of its final decision following the CMA Review (the “CMA Consent”). On June 16, 2016, the CMA completed the CMA Review and published its findings. The findings concluded that the Recall Transaction is not expected to result in any substantial lessening of competition outside of North East Scotland, but that the Recall Transaction may result in a substantial lessening of competition in the supply of records management and information management services (including records management and physical offsite data protection services) in the Aberdeen and Dundee areas of Scotland (the “Scotland Affected Areas”). As a result of the CMA’s decision, we will divest Recall’s record and information management facilities, including associated tangible and intangible assets and employees, in the Scotland Affected Areas (the “UK Divestments”). Pursuant to the CMA Consent, in order to preserve the business of the UK Divestments, pending completion of the sale of the UK Divestments, we must maintain the economic viability and marketability of the business of the UK Divestments, and we are required to hold the UK Divestments separate from those of our other operations. In addition, the CMA concluded that a monitoring trustee should be appointed, at our sole expense and subject to CMA approval, to monitor compliance with the CMA’s findings and to ensure a prompt sale of the UK Divestments. We are in discussions with potential buyers for the UK Divestments. Aside from the CMA’s eventual approval of the purchaser of the UK Divestments, this decision marks the completion of the CMA Review. _______________________________________________________________________________ The unaudited consolidated pro forma financial information (the "Pro Forma Financial Information") below summarizes the combined results of us and Recall on a pro forma basis as if the Recall Transaction had occurred on January 1, 2015. The Pro Forma Financial Information is presented for informational purposes and is not necessarily indicative of the results of operations that would have been achieved if the acquisition had taken place on January 1, 2015. The Pro Forma Financial Information, for all periods presented, includes adjustments to convert Recall's historical results from International Financial Reporting Standards to GAAP, purchase accounting adjustments (including amortization expenses from acquired intangible assets, depreciation of acquired property, plant and equipment and amortization of favorable and unfavorable leases), stock-based compensation and related tax effects. Through June 30, 2016, we and Recall have collectively incurred $133,791 of operating expenditures to complete the Recall Transaction (including advisory and professional fees and costs to complete the Divestments required in connection with receipt of regulatory approval and to provide transitional services required to support the divested businesses during a transition period). These operating expenditures have been reflected within the results of operations in the Pro Forma Financial Information as if they were incurred on January 1, 2015. The costs we have incurred to integrate Recall with our existing operations, including moving, severance, facility upgrade, REIT conversion and system upgrade costs are reflected in the Pro Forma Financial Information in the period in which they were incurred. The Pro Forma Financial Information, for all periods presented, exclude from results from continuing operations the results of operations of the Initial United States Divestments, the Seattle/Atlanta Divestments, the Recall Canadian Divestments and the UK Divestments, as these businesses are presented as discontinued operations. The Australia Divestment Business and the Iron Mountain Canadian Divestments are included within the results from continuing operations in the Pro Forma Financial Information for all periods presented, as these businesses do not qualify for discontinued operations. The Australia Divestment Business and the Iron Mountain Canadian Divestments, collectively, represent $13,995 and $27,442 of total revenues and $557 and $1,551 of total income from continuing operations for the three and six months ended June 30, 2015, respectively, and $14,126 and $27,151 of total revenues and $218 and $755 of total income from continuing operations for the three and six months ended June 30, 2016, respectively. Three Months Ended Six Months Ended 2015 2016 2015 2016 Total Revenues $ 951,707 $ 948,494 $ 1,883,588 $ 1,885,211 Income (Loss) from Continuing Operations $ 64,920 $ 21,062 $ (28,291 ) $ 78,145 Per Share Income (Loss) from Continuing Operations - Basic $ 0.25 $ 0.08 $ (0.11 ) $ 0.30 Per Share Income (Loss) from Continuing Operations - Diluted $ 0.25 $ 0.08 $ (0.11 ) $ 0.30 The revenues included in our Consolidated Statements of Operations for the three and six months ended June 30, 2016 related to Recall are as follows: Three Months Ended Six Months Ended Storage Rental $ 68,650 $ 68,650 Service 52,140 52,140 Total Revenues $ 120,790 $ 120,790 The amount of earnings in our Consolidated Statements of Operations for the three and six months ended June 30, 2016 related to Recall is impracticable for us to determine. Subsequent to the closing of the Recall Transaction, we began integrating Recall and our existing operations in order to achieve operational synergies. As a result, the underlying costs of sales and selling, general and administrative expenses to support Recall's business are now integrated with the costs of sales and selling, general and administrative expenses that supported our business prior to the acquisition of Recall. In addition to our acquisition of Recall, we completed certain other acquisitions during 2016. The unaudited pro forma results of operations (including revenue and earnings) for the current and prior periods reflecting these acquisitions and certain acquisitions in 2015 are not presented due to the insignificant impact of these acquisitions on our consolidated results of operations. b. Other 2016 Acquisitions In March 2016, we acquired a controlling interest in Docufile Holdings Proprietary Limited ("Docufile"), a storage and records management company with operations in South Africa, for approximately $15,000 . The acquisition of Docufile represents our entrance into Africa. In March 2016, in order to expand our presence in the Baltic region, we acquired the stock of Archyvu Sistemos, a storage and records management company with operations in Lithuania, Latvia and Estonia, for approximately $5,100 . _______________________________________________________________________________ A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2016 acquisitions is as follows: Recall Other Fiscal 2016 Year Acquisitions (excluding Recall) Total Cash Paid (gross of cash acquired)(1) $ 331,834 $ 22,241 $ 354,075 Fair Value of Common Stock Issued 1,835,026 — 1,835,026 Fair Value of Noncontrolling Interests — — 3,506 3,506 Total Consideration 2,166,860 25,747 2,192,607 Fair Value of Identifiable Assets Acquired: Cash 76,773 567 77,340 Accounts Receivable and Prepaid Expenses 207,516 2,677 210,193 Fair Value of Divestments(2) 127,111 — 127,111 Other Assets 45,139 541 45,680 Property, Plant and Equipment(3) 708,439 8,565 717,004 Customer Relationship Intangible Assets(4) 730,056 10,614 740,670 Debt Assumed (789,567 ) — (789,567 ) Accounts Payable, Accrued Expenses and Other Liabilities (257,698 ) (8,338 ) (266,036 ) Deferred Income Taxes (192,515 ) (2,860 ) (195,375 ) Total Fair Value of Identifiable Net Assets Acquired 655,254 11,766 667,020 Goodwill Initially Recorded(5) $ 1,511,606 $ 13,981 $ 1,525,587 _______________________________________________________________________________ (1) Included in cash paid for acquisitions in the Consolidated Statement of Cash Flows for the six months ended June 30, 2016 is net cash acquired of $77,340 and cash received of $182 related to acquisitions made in previous years. (2) Represents the fair value, less costs to sell, of the Initial United States Divestments, the Seattle/Atlanta Divestments, the Recall Canadian Divestments and the UK Divestments. (3) Consists primarily of buildings, racking structures, leasehold improvements and computer hardware and software. These assets are depreciated using the straight-line method with the useful lives as noted in Note 2.f. to Notes to Consolidated Financial Statements included in our Annual Report. (4) The weighted average lives of customer relationship intangible assets associated with acquisitions in 2016 was 14 years , primarily related to the customer relationship intangible assets associated with the Recall Transaction. (5) The goodwill associated with Recall is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and Recall. Allocations of the purchase price paid for acquisitions made in 2016 were based on estimates of the fair value of net assets acquired and are subject to adjustment as additional information becomes available to us. The purchase price allocations of these 2016 acquisitions are subject to finalization of the assessment of the fair value of intangible assets (primarily customer relationship intangible assets and trademarks), property, plant and equipment (primarily building and racking structures), operating leases, contingent consideration related to the Initial United States Divestments, contingencies and income taxes (primarily deferred income taxes).

Debt

Debt	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Debt	Long-term debt is as follows: December 31, 2015 Debt Unamortized Deferred Financing Costs Carrying Amount Fair Revolving Credit Facility(1) $ 784,438 $ (9,410 ) $ 775,028 $ 784,438 Term Loan(1) 243,750 — 243,750 243,750 6% Senior Notes due 2020 (the "6% Notes due 2020")(2)(3)(4) 1,000,000 (16,124 ) 983,876 1,052,500 6 1 / 8 % CAD Senior Notes due 2021 (the "CAD Notes")(2)(5) 144,190 (1,924 ) 142,266 147,074 6 1 / 8 % GBP Senior Notes due 2022 (the "GBP Notes")(2)(4)(6) 592,140 (8,757 ) 583,383 606,944 6% Senior Notes due 2023 (the "6% Notes due 2023")(2)(3) 600,000 (8,420 ) 591,580 618,000 5 3 / 4 % Senior Subordinated Notes due 2024 (the "5 3 / 4 % Notes")(2)(3) 1,000,000 (11,902 ) 988,098 961,200 Real Estate Mortgages, Capital Leases and Other(7) 333,559 (1,070 ) 332,489 333,559 Accounts Receivable Securitization Program(8) 205,900 (692 ) 205,208 205,900 Total Long-term Debt 4,903,977 (58,299 ) 4,845,678 Less Current Portion (88,068 ) — (88,068 ) Long-term Debt, Net of Current Portion $ 4,815,909 $ (58,299 ) $ 4,757,610 June 30, 2016 Debt Unamortized Deferred Financing Costs Carrying Amount Fair Revolving Credit Facility(1) $ 1,350,534 $ (9,122 ) $ 1,341,412 $ 1,350,534 Term Loan(1) 237,500 — 237,500 237,500 6% Notes due 2020(2)(3)(4) 1,000,000 (14,427 ) 985,573 1,052,500 CAD Notes(2)(5) 154,353 (1,878 ) 152,475 158,598 4 3 / 8 % Senior Notes due 2021 (the "4 3 / 8 % Notes")(2)(3)(4) 500,000 (7,897 ) 492,103 501,875 GBP Notes(2)(4)(6) 535,664 (7,332 ) 528,332 535,664 6% Notes due 2023(2)(3) 600,000 (7,871 ) 592,129 632,250 5 3 / 4 % Notes(2)(3) 1,000,000 (11,216 ) 988,784 1,006,250 5 3 / 8 % Senior Notes due 2026 (the "5 3 / 8 % Notes")(2)(4)(9) 250,000 (3,978 ) 246,022 243,125 Real Estate Mortgages, Capital Leases and Other(7) 435,775 (1,300 ) 434,475 435,775 Accounts Receivable Securitization Program(8) 217,300 (538 ) 216,762 217,300 Total Long-term Debt 6,281,126 (65,559 ) 6,215,567 Less Current Portion (112,509 ) — (112,509 ) Long-term Debt, Net of Current Portion $ 6,168,617 $ (65,559 ) $ 6,103,058 ______________________________________________________________________________ (1) The capital stock or other equity interests of most of our United States subsidiaries, 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 ("Canada Company") 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 Canadian dollar subfacility under the Revolving Credit Facility (defined below). The fair value (Level 3 of fair value hierarchy described at Note 2.g.) 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, 2015 and June 30, 2016 , respectively. (2) The fair values (Level 1 of fair value hierarchy described at Note 2.g.) of these debt instruments are based on quoted market prices for these notes on December 31, 2015 and June 30, 2016 , respectively. (3) Collectively, the "Parent Notes." IMI is the direct obligor on the Parent Notes, which are fully and unconditionally guaranteed, on a senior or senior subordinated basis, as the case may be, by its direct and indirect 100% owned United States subsidiaries that represent the substantial majority of our United States operations (the "Guarantors"). These guarantees are joint and several obligations of the Guarantors. Canada Company, Iron Mountain Europe PLC ("IME"), the Special Purpose Subsidiaries (as defined below) and the remainder of our subsidiaries do not guarantee the Parent Notes. See Note 6. (4) The 6% Notes due 2020, the 4 3 / 8 % Notes, the GBP Notes and the 5 3 / 8 % Notes (collectively, 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. (5) Canada Company is the direct obligor on the CAD Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6. (6) IME is the direct obligor on the GBP Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6. (7) We believe the fair value (Level 3 of fair value hierarchy described at Note 2.g.) of this debt approximates its carrying value. (8) The Special Purpose Subsidiaries are the obligors under this program. We believe the fair value (Level 3 of fair value hierarchy described at Note 2.g.) of this debt approximates its carrying value. (9) Iron Mountain US Holdings, Inc. ("IM US Holdings"), a 100% owned subsidiary of IMI and one of the Guarantors, is the direct obligor on the 5 3 / 8 % Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the other Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6. a. Credit Agreement On July 2, 2015, we entered into a new credit agreement (the "Credit Agreement") to refinance our then existing credit agreement which consisted of a revolving credit facility (the "Former Revolving Credit Facility") and a term loan and was scheduled to terminate on June 27, 2016. The Credit Agreement consists of a revolving credit facility (the "Revolving Credit Facility") and a term loan (the "Term Loan"). On June 24, 2016, Iron Mountain Information Management, LLC (“IMIM”) entered into a commitment increase supplement (the “Commitment Increase Supplement”), pursuant to which we increased the maximum amount permitted to be borrowed under the Revolving Credit Facility from $1,500,000 to $1,750,000 . After entering into the Commitment Increase Supplement, the maximum amount available for borrowing under the Credit Agreement is $2,000,000 (consisting of a Revolving Credit Facility of $1,750,000 and a Term Loan of $250,000 ). We continue to have the option to request additional commitments of up to $250,000 , in the form of term loans or through increased commitments under the Revolving Credit Facility, subject to the conditions specified in the Credit Agreement. The Revolving Credit Facility is supported by a group of 25 banks and enables IMI and certain of its United States and foreign subsidiaries to borrow in United States dollars and (subject to sublimits) a variety of other currencies (including Canadian dollars, British pounds sterling, Euros and Australian dollars, among other currencies) in an aggregate outstanding amount not to exceed $1,750,000 . The Term Loan is to be paid in quarterly installments in an amount equal to $3,125 per quarter, with the remaining balance due on July 3, 2019. The Credit Agreement terminates on July 6, 2019, at which point all obligations become due, but may be extended by one year at our option, subject to the conditions set forth in the Credit Agreement. Borrowings under the Credit Agreement may be prepaid without penalty or premium, in whole or in part, at any time. IMI and the Guarantors guarantee all obligations under the Credit Agreement. The interest rate on borrowings under the Credit Agreement varies depending on our choice of interest rate and currency options, plus an applicable margin, which varies based on our consolidated leverage ratio. Additionally, the Credit Agreement requires the payment of a commitment fee on the unused portion of the Revolving Credit Facility, which fee ranges from between 0.25% to 0.4% based on our consolidated leverage ratio and fees associated with outstanding letters of credit. As of June 30, 2016, we had $1,350,534 and $237,500 of outstanding borrowings under the Revolving Credit Facility and the Term Loan, respectively. Of the $1,350,534 of outstanding borrowings under the Revolving Credit Facility, $671,200 was denominated in United States dollars, 166,000 was denominated in Canadian dollars, 263,850 was denominated in Euros and 347,000 was denominated in Australian dollars. In addition, we also had various outstanding letters of credit totaling $58,163 . The remaining amount available for borrowing under the Revolving Credit Facility as of June 30, 2016, based on IMI's leverage ratio, the last 12 months' earnings before interest, taxes, depreciation and amortization and rent expense ("EBITDAR"), other adjustments as defined in the Credit Agreement and current external debt, was $341,303 (which amount represents the maximum availability as of such date). The average interest rate in effect under the Credit Agreement was 2.7% as of June 30, 2016. The average interest rate in effect under the Revolving Credit Facility was 3.0% and ranged from 2.3% to 4.8% as of June 30, 2016 and the interest rate in effect under the Term Loan as of June 30, 2016 was 2.7% . The Credit Agreement, our indentures and other agreements governing our indebtedness contain certain restrictive financial and operating covenants, including covenants that restrict our ability to complete acquisitions, pay cash dividends, incur indebtedness, make investments, sell assets and take certain other corporate actions. The covenants do not contain a rating trigger. Therefore, a change in our debt rating would not trigger a default under the Credit Agreement, our indentures or other agreements governing our indebtedness. The Credit Agreement uses EBITDAR-based calculations as the primary measures of financial performance, including leverage and fixed charge coverage ratios. Our leverage and fixed charge coverage ratios under the Credit Agreement as of December 31, 2015 and June 30, 2016, respectively, and our leverage ratio under our indentures as of December 31, 2015 and June 30, 2016, respectively, are as follows: December 31, 2015 June 30, 2016 Maximum/Minimum Allowable Net total lease adjusted leverage ratio 5.6 5.8 Maximum allowable of 6.5 Net secured debt lease adjusted leverage ratio 2.6 2.9 Maximum allowable of 4.0 Bond leverage ratio (not lease adjusted) 5.5 5.4 Maximum allowable of 6.5 Fixed charge coverage ratio 2.4 2.6 Minimum allowable of 1.5 As noted in the table above, our maximum allowable net total lease adjusted leverage ratio under the Credit Agreement is 6.5 . The Credit Agreement also contains a provision which limits, in certain circumstances, our dividends in any four consecutive fiscal quarters to 95% of Funds From Operations (as defined in the Credit Agreement) for such four fiscal quarters or, if greater, the amount that we would be required to pay in order to continue to be qualified for taxation as a REIT or to avoid the imposition of income or excise taxes on IMI. This limitation only is applicable when our net total lease adjusted leverage ratio exceeds 6.0 as measured as of the end of the most recently completed fiscal quarter. Noncompliance with these leverage and fixed charge coverage ratios would have a material adverse effect on our financial condition and liquidity. Commitment fees and letters of credit fees, which are based on the unused balances under the Former Revolving Credit Facility, the Revolving Credit Facility and the Accounts Receivable Securitization Program (as defined below) for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Commitment fees and letters of credit fees $ 991 $ 344 $ 1,858 $ 1,029 b. Bridge Facility On April 19, 2016, in order to provide a portion of the financing necessary to close the Recall Transaction, we entered into a commitment letter with JPMorgan Chase Bank, N.A., as a lender and administrative agent, and the other lenders party thereto (the "Lenders"), pursuant to which the Lenders committed to provide us an unsecured bridge term loan facility of up to $850,000 (the "Bridge Facility"). On April 29, 2016, we entered into a bridge credit agreement (the “Bridge Credit Agreement”) with the Lenders and borrowed the full amount of the Bridge Facility. We used the proceeds from the Bridge Facility, together with borrowings under the Revolving Credit Facility, to finance a portion of the cost of the Recall Transaction, including refinancing Recall’s existing indebtedness and to pay costs we incurred in connection with the Recall Transaction. On May 31, 2016, we used the proceeds from the issuance of the 4 ⅜% Notes and the 5 ⅜% Notes, together with cash on hand and borrowings under the Revolving Credit Facility, to repay the Bridge Facility, and effective May 31, 2016, we terminated the commitments of the lenders under the Bridge Credit Agreement. We recorded a charge to other expense (income), net of $9,283 during the second quarter of 2016 related to the early extinguishment of the Bridge Credit Agreement. This charge primarily consisted of the write-off of unamortized deferred financing costs. c. Issuance of 4 3 / 8 % Notes and 5 3 / 8 % Notes In May 2016, IMI completed a private offering of $500,000 in aggregate principal amount of the 4 3 / 8 % Notes and IM US Holdings completed a private offering of $250,000 in aggregate principal amount of the 5 3 / 8 % Notes. The 4 3 / 8 % Notes and 5 3 / 8 % Notes were issued at par. The aggregate net proceeds of $738,750 from the 4 3 / 8 % Notes and 5 3 / 8 % Notes, after paying the initial purchasers' commissions, were used, together with cash on hand and borrowings under the Revolving Credit Facility, for the repayment of all outstanding borrowings under the Bridge Credit Agreement. d. Accounts Receivable Securitization Program In March 2015, we entered into a $250,000 accounts receivable securitization program (the "Accounts Receivable Securitization Program") involving several of our wholly owned subsidiaries and certain financial institutions. Under the Accounts Receivable Securitization Program, certain of our subsidiaries sell substantially all of their United States accounts receivable balances to our wholly owned special purpose entities, Iron Mountain Receivables QRS, LLC and Iron Mountain Receivables TRS, LLC (the "Special Purpose Subsidiaries"). The Special Purpose Subsidiaries use the accounts receivable balances to collateralize loans obtained from certain financial institutions. The Special Purpose Subsidiaries are consolidated subsidiaries of IMI. The Accounts Receivable Securitization Program is accounted for as a collateralized financing activity, rather than a sale of assets, and therefore: (i) accounts receivable balances pledged as collateral are presented as assets and borrowings are presented as liabilities on our Consolidated Balance Sheets, (ii) our Consolidated Statements of Operations reflect the associated charges for bad debt expense related to pledged accounts receivable (a component of selling, general and administrative expenses) and reductions to revenue due to billing and service related credit memos issued to customers and related reserves, as well as interest expense associated with the collateralized borrowings, and (iii) receipts from customers related to the underlying accounts receivable are reflected as operating cash flows and borrowings and repayments under the collateralized loans are reflected as financing cash flows within our Consolidated Statements of Cash Flows. IMIM retains the responsibility of servicing the accounts receivable balances pledged as collateral in this transaction and IMI provides a performance guaranty. The Accounts Receivable Securitization Program terminates on March 6, 2018, at which point all obligations become due. The maximum availability allowed is limited by eligible accounts receivable, as defined under the terms of the Accounts Receivable Securitization Program. As of June 30, 2016 , the maximum availability allowed and amount outstanding under the Accounts Receivable Securitization Program was $ 217,300 . The interest rate in effect under the Accounts Receivable Securitization Program was 1.4% as of June 30, 2016 . Commitment fees at a rate of 40 basis points are charged on amounts made available but not borrowed under the Accounts Receivable Securitization Program. e. Cash Pooling Subsequent to the closing of the Recall Transaction, certain of our international subsidiaries began participating in a cash pooling arrangement (the “Cash Pool”) with Bank Mendes Gans (“BMG”) in order to help manage global liquidity requirements. The Cash Pool allows participating subsidiaries to borrow funds from BMG against amounts held on deposit with BMG by other participating subsidiaries. The Cash Pool has a legal right of offset and, therefore, amounts are presented in our Consolidated Balance Sheet on a net basis. Each subsidiary receives interest on the cash balances held on deposit or pays interest on the amounts owed based on an applicable rate as defined in the Cash Pool agreement. At June 30, 2016, we had a net cash position of approximately $6,500 (consisting of a gross cash position of approximately $46,400 less outstanding borrowings of approximately $39,900 by participating subsidiaries), which is reflected as cash and cash equivalents in the Consolidated Balance Sheet.

Selected Consolidated Financial

Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors	6 Months Ended
	Jun. 30, 2016
Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors
Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors	The following data summarizes the consolidating results of IMI on the equity method of accounting as of December 31, 2015 and June 30, 2016 and for the three and six months ended June 30, 2015 and 2016 and are prepared on the same basis as the consolidated financial statements. The Parent Notes, CAD Notes, GBP Notes and 5 3 / 8 % Notes are guaranteed by the subsidiaries referred to below as the Guarantors. These subsidiaries are 100% owned by IMI. The guarantees are full and unconditional, as well as joint and several. Additionally, IMI guarantees the CAD Notes, which were issued by Canada Company, the GBP Notes, which were issued by IME, and the 5 3 / 8 % Notes, which were issued by IM US Holdings. Canada Company and IME do not guarantee the Parent Notes. The subsidiaries that do not guarantee the Parent Notes, the CAD Notes, the GBP Notes and the 5 3 / 8 % Notes, including IME and the Special Purpose Subsidiaries but excluding Canada Company, are referred to below as the Non-Guarantors. In the normal course of business, we periodically change the ownership structure of our subsidiaries to meet the requirements of our business. In the event of such changes, we recast the prior period financial information within this footnote to conform to the current period presentation in the period such changes occur. Generally, these changes do not alter the designation of the underlying subsidiaries as Guarantors or Non-Guarantors. However, they may change whether the underlying subsidiary is owned by the Parent, a Guarantor, Canada Company or a Non-Guarantor. If such a change occurs, the amount of investment in subsidiaries in the below Consolidated Balance Sheets and equity in the earnings (losses) of subsidiaries, net of tax in the below Consolidated Statements of Operations and Comprehensive (Loss) Income with respect to the relevant Parent, Guarantors, Canada Company, Non-Guarantors and Eliminations columns also would change. CONSOLIDATED BALANCE SHEETS December 31, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 151 $ 6,472 $ 13,182 $ 108,576 $ — $ 128,381 Accounts receivable — 14,069 30,428 519,904 — 564,401 Intercompany receivable — 1,038,141 — — (1,038,141 ) — Other current assets 898 106,670 2,305 55,286 (29 ) 165,130 Total Current Assets 1,049 1,165,352 45,915 683,766 (1,038,170 ) 857,912 Property, Plant and Equipment, Net 661 1,600,886 137,100 758,511 — 2,497,158 Other Assets, Net: Long-term notes receivable from affiliates and intercompany receivable 3,255,049 1,869 — — (3,256,918 ) — Investment in subsidiaries 797,666 459,429 27,731 2,862 (1,287,688 ) — Goodwill — 1,618,593 152,975 589,410 — 2,360,978 Other 623 392,987 22,637 218,292 — 634,539 Total Other Assets, Net 4,053,338 2,472,878 203,343 810,564 (4,544,606 ) 2,995,517 Total Assets $ 4,055,048 $ 5,239,116 $ 386,358 $ 2,252,841 $ (5,582,776 ) $ 6,350,587 Liabilities and Equity Intercompany Payable $ 879,649 $ — $ 5,892 $ 152,600 $ (1,038,141 ) $ — Current Portion of Long-Term Debt — 41,159 — 46,938 (29 ) 88,068 Total Other Current Liabilities 56,740 454,924 26,804 215,295 — 753,763 Long-Term Debt, Net of Current Portion 2,608,818 674,190 284,798 1,189,804 — 4,757,610 Long-Term Notes Payable to Affiliates and Intercompany Payable 1,000 3,255,049 869 — (3,256,918 ) — Other Long-term Liabilities — 115,950 37,402 69,187 — 222,539 Commitments and Contingencies (See Note 8) Total Iron Mountain Incorporated Stockholders' Equity 508,841 697,844 30,593 559,251 (1,287,688 ) 508,841 Noncontrolling Interests — — — 19,766 — 19,766 Total Equity 508,841 697,844 30,593 579,017 (1,287,688 ) 528,607 Total Liabilities and Equity $ 4,055,048 $ 5,239,116 $ 386,358 $ 2,252,841 $ (5,582,776 ) $ 6,350,587 CONSOLIDATED BALANCE SHEETS (Continued) June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 402 $ 11,026 $ 3,316 $ 222,245 $ — $ 236,989 Accounts receivable — 62,157 37,479 610,890 — 710,526 Intercompany receivable 878,096 351,042 — — (1,229,138 ) — Other current assets — 168,098 5,952 23,866 (29 ) 197,887 Assets held for sale (see Note 10) — 23,118 25,294 95,556 — 143,968 Total Current Assets 878,498 615,441 72,041 952,557 (1,229,167 ) 1,289,370 Property, Plant and Equipment, Net 572 1,785,370 159,880 1,250,426 — 3,196,248 Other Assets, Net: Long-term notes receivable from affiliates and intercompany receivable 3,609,376 1,000 — — (3,610,376 ) — Investment in subsidiaries 882,989 554,230 34,442 141,392 (1,613,053 ) — Goodwill — 2,445,469 235,715 1,158,906 — 3,840,090 Other — 787,825 55,886 571,635 — 1,415,346 Total Other Assets, Net 4,492,365 3,788,524 326,043 1,871,933 (5,223,429 ) 5,255,436 Total Assets $ 5,371,435 $ 6,189,335 $ 557,964 $ 4,074,916 $ (6,452,596 ) $ 9,741,054 Liabilities and Equity Intercompany Payable $ — $ — $ 1,389 $ 1,227,749 $ (1,229,138 ) $ — Current Portion of Long-Term Debt — 45,458 — 67,080 (29 ) 112,509 Total Other Current Liabilities 57,457 461,102 33,895 295,432 — 847,886 Liabilities held for sale (see Note 10) — — — 21,634 — 21,634 Long-Term Debt, Net of Current Portion 3,091,903 1,119,548 286,547 1,605,060 — 6,103,058 Long-Term Notes Payable to Affiliates and Intercompany Payable 1,000 3,609,376 — — (3,610,376 ) — Other Long-term Liabilities — 162,073 60,299 187,565 — 409,937 Commitments and Contingencies (See Note 8) Total Iron Mountain Incorporated Stockholders' Equity 2,221,075 791,778 175,834 645,441 (1,613,053 ) 2,221,075 Noncontrolling Interests — — — 24,955 — 24,955 Total Equity 2,221,075 791,778 175,834 670,396 (1,613,053 ) 2,246,030 Total Liabilities and Equity $ 5,371,435 $ 6,189,335 $ 557,964 $ 4,074,916 $ (6,452,596 ) $ 9,741,054 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 305,913 $ 30,804 $ 124,492 $ — $ 461,209 Service — 189,268 16,108 93,149 — 298,525 Intercompany service — 1,055 — 22,126 (23,181 ) — Total Revenues — 496,236 46,912 239,767 (23,181 ) 759,734 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 196,080 6,642 123,561 — 326,283 Selling, general and administrative 24 149,051 3,795 63,015 — 215,885 Intercompany service charges — 6,400 15,726 1,055 (23,181 ) — Depreciation and amortization 45 56,360 3,165 27,979 — 87,549 Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net — 440 — 75 — 515 Total Operating Expenses 69 408,331 29,328 215,685 (23,181 ) 630,232 Operating (Loss) Income (69 ) 87,905 17,584 24,082 — 129,502 Interest Expense (Income), Net 39,222 (6,415 ) 8,342 24,938 — 66,087 Other Expense (Income), Net 1,127 3,139 (10 ) (2,252 ) — 2,004 (Loss) Income from Continuing Operations Before (Benefit) Provision for Income Taxes (40,418 ) 91,181 9,252 1,396 — 61,411 (Benefit) Provision for Income Taxes — (1,037 ) 4,796 3,645 — 7,404 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (93,748 ) (643 ) (874 ) (4,456 ) 99,721 — Net Income (Loss) 53,330 92,861 5,330 2,207 (99,721 ) 54,007 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 677 — 677 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 53,330 $ 92,861 $ 5,330 $ 1,530 $ (99,721 ) $ 53,330 Net Income (Loss) $ 53,330 $ 92,861 $ 5,330 $ 2,207 $ (99,721 ) $ 54,007 Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments (1,464 ) — 1,037 1,427 — 1,000 Equity in Other Comprehensive Income (Loss) of Subsidiaries 2,796 2,907 1,542 1,037 (8,282 ) — Total Other Comprehensive Income (Loss) 1,332 2,907 2,579 2,464 (8,282 ) 1,000 Comprehensive Income (Loss) 54,662 95,768 7,909 4,671 (108,003 ) 55,007 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 345 — 345 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 54,662 $ 95,768 $ 7,909 $ 4,326 $ (108,003 ) $ 54,662 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Three Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 329,672 $ 32,331 $ 176,679 $ — $ 538,682 Service — 199,349 16,907 128,810 — 345,066 Intercompany service — 1,013 — 19,903 (20,916 ) — Total Revenues — 530,034 49,238 325,392 (20,916 ) 883,748 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 216,871 6,929 171,849 — 395,649 Selling, general and administrative 521 191,193 4,595 80,768 — 277,077 Intercompany service charges — 3,809 16,094 1,013 (20,916 ) — Depreciation and amortization 44 67,666 3,962 43,350 — 115,022 (Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net — (839 ) — 213 — (626 ) Total Operating Expenses 565 478,700 31,580 297,193 (20,916 ) 787,122 Operating (Loss) Income (565 ) 51,334 17,658 28,199 — 96,626 Interest Expense (Income), Net 28,069 (6,064 ) 11,348 41,513 — 74,866 Other Expense (Income), Net 50,845 761 64 (26,029 ) — 25,641 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (79,479 ) 56,637 6,246 12,715 — (3,881 ) Provision (Benefit) for Income Taxes — 7,813 2,174 852 — 10,839 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (65,511 ) (31,766 ) (1,315 ) (4,707 ) 103,299 — (Loss) Income from Continuing Operations (13,968 ) 80,590 5,387 16,570 (103,299 ) (14,720 ) Income (Loss) from Discontinued Operations — 890 635 62 — 1,587 Net (Loss) Income (13,968 ) 81,480 6,022 16,632 (103,299 ) (13,133 ) Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 835 — 835 Net (Loss) Income Attributable to Iron Mountain Incorporated $ (13,968 ) $ 81,480 $ 6,022 $ 15,797 $ (103,299 ) $ (13,968 ) Net (Loss) Income $ (13,968 ) $ 81,480 $ 6,022 $ 16,632 $ (103,299 ) $ (13,133 ) Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments 754 — (4,894 ) 6,929 — 2,789 Equity in Other Comprehensive Income (Loss) of Subsidiaries 2,117 (2,569 ) (48 ) (4,894 ) 5,394 — Total Other Comprehensive Income (Loss) 2,871 (2,569 ) (4,942 ) 2,035 5,394 2,789 Comprehensive (Loss) Income (11,097 ) 78,911 1,080 18,667 (97,905 ) (10,344 ) Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 753 — 753 Comprehensive (Loss) Income Attributable to Iron Mountain Incorporated $ (11,097 ) $ 78,911 $ 1,080 $ 17,914 $ (97,905 ) $ (11,097 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 610,505 $ 61,672 $ 247,904 $ — $ 920,081 Service — 370,133 32,665 186,141 — 588,939 Intercompany service — 1,407 — 38,545 (39,952 ) — Total Revenues — 982,045 94,337 472,590 (39,952 ) 1,509,020 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 392,741 13,807 241,389 — 647,937 Selling, general and administrative 97 281,243 7,962 122,997 — 412,299 Intercompany service charges — 6,400 32,145 1,407 (39,952 ) — Depreciation and amortization 91 111,763 6,217 55,429 — 173,500 Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net — 762 — 86 — 848 Total Operating Expenses 188 792,909 60,131 421,308 (39,952 ) 1,234,584 Operating (Loss) Income (188 ) 189,136 34,206 51,282 — 274,436 Interest Expense (Income), Net 78,392 (13,092 ) 16,545 49,140 — 130,985 Other (Income) Expense, Net (911 ) 4,522 (137 ) 20,879 — 24,353 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (77,669 ) 197,706 17,798 (18,737 ) — 119,098 Provision (Benefit) for Income Taxes — 8,665 7,859 6,828 — 23,352 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (172,095 ) 18,097 (1,933 ) (9,939 ) 165,870 — Net Income (Loss) 94,426 170,944 11,872 (15,626 ) (165,870 ) 95,746 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,320 — 1,320 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 94,426 $ 170,944 $ 11,872 $ (16,946 ) $ (165,870 ) $ 94,426 Net Income (Loss) $ 94,426 $ 170,944 $ 11,872 $ (15,626 ) $ (165,870 ) $ 95,746 Other Comprehensive (Loss) Income: Foreign Currency Translation Adjustments 3,466 — (6,903 ) (51,738 ) — (55,175 ) Market Value Adjustments for Securities — 23 — — — 23 Equity in Other Comprehensive (Loss) Income of Subsidiaries (58,185 ) (57,989 ) (1,465 ) (6,903 ) 124,542 — Total Other Comprehensive (Loss) Income (54,719 ) (57,966 ) (8,368 ) (58,641 ) 124,542 (55,152 ) Comprehensive Income (Loss) 39,707 112,978 3,504 (74,267 ) (41,328 ) 40,594 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 887 — 887 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 39,707 $ 112,978 $ 3,504 $ (75,154 ) $ (41,328 ) $ 39,707 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 638,669 $ 59,936 $ 301,288 $ — $ 999,893 Service — 384,656 31,549 218,340 — 634,545 Intercompany service — 2,026 — 37,248 (39,274 ) — Total Revenues — 1,025,351 91,485 556,876 (39,274 ) 1,634,438 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 419,409 13,719 288,626 — 721,754 Selling, general and administrative 593 339,826 7,968 136,456 — 484,843 Intercompany service charges — 7,163 30,085 2,026 (39,274 ) — Depreciation and amortization 89 123,919 7,041 71,177 — 202,226 (Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net — (1,409 ) 6 326 — (1,077 ) Total Operating Expenses 682 888,908 58,819 498,611 (39,274 ) 1,407,746 Operating (Loss) Income (682 ) 136,443 32,666 58,265 — 226,692 Interest Expense (Income), Net 68,053 (14,594 ) 21,382 67,087 — 141,928 Other Expense (Income), Net 51,731 4,243 44 (42,314 ) — 13,704 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (120,466 ) 146,794 11,240 33,492 — 71,060 Provision (Benefit) for Income Taxes — 16,673 4,040 2,026 — 22,739 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (169,272 ) (54,696 ) (2,686 ) (7,835 ) 234,489 — Income (Loss) from Continuing Operations 48,806 184,817 9,886 39,301 (234,489 ) 48,321 Income (Loss) from Discontinued Operations — 890 635 62 — 1,587 Net Income (Loss) 48,806 185,707 10,521 39,363 (234,489 ) 49,908 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,102 — 1,102 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 48,806 $ 185,707 $ 10,521 $ 38,261 $ (234,489 ) $ 48,806 Net Income (Loss) $ 48,806 $ 185,707 $ 10,521 $ 39,363 $ (234,489 ) $ 49,908 Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments (588 ) — (3,105 ) 30,460 — 26,767 Market Value Adjustments for Securities — (734 ) — — — (734 ) Equity in Other Comprehensive Income (Loss) of Subsidiaries 26,216 21,530 613 (3,105 ) (45,254 ) — Total Other Comprehensive Income (Loss) 25,628 20,796 (2,492 ) 27,355 (45,254 ) 26,033 Comprehensive Income (Loss) 74,434 206,503 8,029 66,718 (279,743 ) 75,941 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 1,507 — 1,507 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 74,434 $ 206,503 $ 8,029 $ 65,211 $ (279,743 ) $ 74,434 CONSOLIDATED STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Cash Flows from Operating Activities: Cash Flows from Operating Activities $ (77,187 ) $ 203,751 $ 13,218 $ 39,956 $ — $ 179,738 Cash Flows from Investing Activities: Capital expenditures — (86,883 ) (8,914 ) (43,559 ) — (139,356 ) Cash paid for acquisitions, net of cash acquired — (5,736 ) (5,399 ) (10,579 ) — (21,714 ) Intercompany loans to subsidiaries 245,945 172,666 — — (418,611 ) — Investment in subsidiaries (10,000 ) (10,000 ) — — 20,000 — Decrease in restricted cash 33,860 — — — — 33,860 Acquisitions of customer relationships and customer inducements — (20,247 ) (690 ) (3,270 ) — (24,207 ) Proceeds from sales of property and equipment and other, net (including real estate) — 327 6 472 — 805 Cash Flows from Investing Activities 269,805 50,127 (14,997 ) (56,936 ) (398,611 ) (150,612 ) Cash Flows from Financing Activities: Repayment of revolving credit and term loan facilities and other debt — (3,640,841 ) (331,819 ) (942,385 ) — (4,915,045 ) Proceeds from revolving credit and term loan facilities and other debt — 3,616,000 334,633 1,124,402 — 5,075,035 Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net — — — (830 ) — (830 ) Intercompany loans from parent — (240,118 ) 877 (179,370 ) 418,611 — Equity contribution from parent — 10,000 — 10,000 (20,000 ) — Parent cash dividends (203,229 ) — — — — (203,229 ) Net proceeds (payments) associated with employee stock-based awards 9,454 — — — — 9,454 Excess tax benefit (deficiency) from stock-based compensation 260 — — — — 260 Payment of debt financing and stock issuance costs (29 ) (110 ) — (975 ) — (1,114 ) Cash Flows from Financing Activities (193,544 ) (255,069 ) 3,691 10,842 398,611 (35,469 ) Effect of exchange rates on cash and cash equivalents — (67 ) (14 ) (2,411 ) — (2,492 ) (Decrease) Increase in cash and cash equivalents (926 ) (1,258 ) 1,898 (8,549 ) — (8,835 ) Cash and cash equivalents, beginning of period 2,399 4,713 4,979 113,842 — 125,933 Cash and cash equivalents, end of period $ 1,473 $ 3,455 $ 6,877 $ 105,293 $ — $ 117,098 CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued) Six Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Cash Flows from Operating Activities: Cash Flows from Operating Activities—Continuing Operations $ (107,370 ) $ 203,070 $ 23,827 $ 86,078 $ — $ 205,605 Cash Flows from Operating Activities—Discontinued Operations — 393 690 62 — 1,145 Cash Flows from Operating Activities (107,370 ) 203,463 24,517 86,140 — 206,750 Cash Flows from Investing Activities: Capital expenditures — (97,647 ) (1,048 ) (64,970 ) — (163,665 ) Cash paid for acquisitions, net of cash acquired — 4,074 (2,381 ) (278,246 ) — (276,553 ) Intercompany loans to subsidiaries (148,811 ) (265,060 ) — — 413,871 — Investment in subsidiaries (1,585 ) (1,585 ) — — 3,170 — Acquisitions of customer relationships and customer inducements — (13,492 ) — (3,254 ) — (16,746 ) Net proceeds from divestments (see Note 10) — 53,950 — — — 53,950 Proceeds from sales of property and equipment and other, net (including real estate) — 92 — 279 — 371 Cash Flows from Investing Activities—Continuing Operations (150,396 ) (319,668 ) (3,429 ) (346,191 ) 417,041 (402,643 ) Cash Flows from Investing Activities—Discontinued Operations — — 90 — — 90 Cash Flows from Investing Activities (150,396 ) (319,668 ) (3,339 ) (346,191 ) 417,041 (402,553 ) Cash Flows from Financing Activities: Repayment of revolving credit, term loan and bridge facilities and other debt (1,096,706 ) (3,554,881 ) (861,740 ) (1,873,787 ) — (7,387,114 ) Proceeds from revolving credit, term loan and bridge facilities and other debt 1,083,681 3,285,396 843,281 1,974,447 — 7,186,805 Net proceeds from sales of senior notes 492,500 246,250 — — — 738,750 Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net — — — 456 — 456 Intercompany loans from parent — 146,909 (14,427 ) 281,389 (413,871 ) — Equity contribution from parent — 1,585 — 1,585 (3,170 ) — Parent cash dividends (232,596 ) — — — — (232,596 ) Net proceeds (payments) associated with employee stock-based awards 18,641 — — — — 18,641 Excess tax benefit (deficiency) from stock-based compensation 29 — — — — 29 Payment of debt financing and stock issuance costs (7,532 ) (4,500 ) — — — (12,032 ) Cash Flows from Financing Activities—Continuing Operations 258,017 120,759 (32,886 ) 384,090 (417,041 ) 312,939 Cash Flows from Financing Activities—Discontinued Operations — — — — — — Cash Flows from Financing Activities 258,017 120,759 (32,886 ) 384,090 (417,041 ) 312,939 Effect of exchange rates on cash and cash equivalents — — 1,842 (10,370 ) — (8,528 ) Increase (Decrease) in cash and cash equivalents 251 4,554 (9,866 ) 113,669 — 108,608 Cash and cash equivalents, beginning of period 151 6,472 13,182 108,576 — 128,381 Cash and cash equivalents, end of period $ 402 $ 11,026 $ 3,316 $ 222,245 $ — $ 236,989

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2016
Segment Reporting [Abstract]
Segment Information	During the fourth quarter of 2015, as a result of changes in the senior management of our business in Norway, we determined that our Norway operations are now being managed as a component of our Other International Business segment rather than as a component of our Western European Business segment. As a result of this change, previously reported segment information has been restated to conform to the current presentation. There were no changes to our operating segments or our reportable operating segments as a result of the Recall Transaction. Our five reportable operating segments are described as follows: • North American Records and Information Management Business—provides records and information management services, including the storage of physical records, including media such as microfilm and microfiche, master audio and videotapes, film, X-rays and blueprints, including healthcare information services, vital records services, service and courier operations, and the collection, handling and disposal of sensitive documents for corporate customers (“Records Management”); information destruction services (“Destruction”); and DMS throughout the United States and Canada; as well as fulfillment services and technology escrow services in the United States. • North American Data Management Business—provides storage and rotation of backup computer media as part of corporate disaster recovery plans, including service and courier operations (“Data Protection & Recovery”); server and computer backup services; digital content repository systems to house, distribute, and archive key media assets; and storage, safeguarding and electronic or physical delivery of physical media of all types, primarily for entertainment and media industry clients, throughout the United States and Canada. • Western European Business—provides records and information management services, including Records Management, Data Protection & Recovery and DMS throughout the United Kingdom, Austria, Belgium, France, Germany, Ireland, Netherlands, Spain and Switzerland, as well as DMS in Sweden. • Other International Business—provides records and information management services throughout the remaining European countries in which we operate, Latin America, Asia Pacific and Africa, including Records Management, Data Protection & Recovery and DMS. Our European operations provide records and information management services, including Records Management, Data Protection & Recovery and DMS throughout the Czech Republic, Denmark, Estonia, Finland, Greece, Hungary, Latvia, Lithuania, Norway, Poland, Romania, Russia, Serbia, Slovakia, Turkey and Ukraine as well as Records Management in Sweden. Our Latin America operations provide records and information management services, including Records Management, Data Protection & Recovery, Destruction and DMS throughout Argentina, Brazil, Chile, Colombia, Mexico and Peru. Our Asia Pacific operations provide records and information management services, including Records Management, Data Protection & Recovery and DMS throughout Australia and New Zealand, with Records Management and Data Protection & Recovery also provided in certain markets in China, Hong Kong-SAR, India, Malaysia, Singapore, Taiwan and Thailand. Our African operations provide Records Management and DMS in South Africa. • Corporate and Other Business—primarily consists of our data center and fine art storage businesses in the United States, the primary product offerings of our Adjacent Businesses operating segment, as well as costs related to executive and staff functions, including finance, human resources and information technology, which benefit the enterprise as a whole. These costs are primarily related to the general management of these functions on a corporate level and the design and development of programs, policies and procedures that are then implemented in the individual segments, with each segment bearing its own cost of implementation. Our Corporate and Other Business segment also includes stock-based employee compensation expense associated with all Employee Stock-Based Awards. An analysis of our business segment information and reconciliation to the accompanying Consolidated Financial Statements is as follows: North American North American Western European Business Other International Business Corporate Business Total For the Three Months Ended June 30, 2015 Total Revenues $ 448,887 $ 99,600 $ 98,269 $ 108,313 $ 4,665 $ 759,734 Depreciation and Amortization 46,293 5,498 11,615 14,731 9,412 87,549 Depreciation 41,335 5,300 10,131 10,141 9,317 76,224 Amortization 4,958 198 1,484 4,590 95 11,325 Adjusted OIBDA 176,787 50,622 27,325 20,620 (52,126 ) 223,228 Expenditures for Segment Assets 44,467 9,039 4,950 20,754 15,617 94,827 Capital Expenditures 30,929 2,039 4,140 14,254 13,218 64,580 Cash Paid (Received) for Acquisitions, Net of Cash Acquired 8,178 — (309 ) 5,015 2,399 15,283 Acquisitions of Customer Relationships and Customer Inducements 5,360 7,000 1,119 1,485 — 14,964 For the Three Months Ended June 30, 2016 Total Revenues 481,470 103,270 118,198 165,669 15,141 883,748 Depreciation and Amortization 57,465 6,077 15,069 25,897 10,514 115,022 Depreciation 47,867 5,832 11,698 18,323 9,810 93,530 Amortization 9,598 245 3,371 7,574 704 21,492 Adjusted OIBDA 189,138 57,081 33,273 41,931 (59,989 ) 261,434 Expenditures for Segment Assets 19,872 3,750 (1,158 ) 281,589 45,461 349,514 Capital Expenditures 14,734 2,302 5,978 15,380 44,419 82,813 Cash (Received) Paid for Acquisitions, Net of Cash Acquired (2,546 ) (59 ) (7,103 ) 265,879 1,042 257,213 Acquisitions of Customer Relationships and Customer Inducements 7,684 1,507 (33 ) 330 — 9,488 As of and for the Six Months Ended June 30, 2015 Total Revenues 891,574 196,835 197,334 214,051 9,226 1,509,020 Depreciation and Amortization 91,596 10,842 22,896 29,154 19,012 173,500 Depreciation 81,671 10,584 19,959 19,931 18,870 151,015 Amortization 9,925 258 2,937 9,223 142 22,485 Adjusted OIBDA 358,267 101,910 56,357 41,876 (103,964 ) 454,446 Total Assets (1)(2) 3,632,747 652,212 913,199 952,146 228,446 6,378,750 Expenditures for Segment Assets 86,842 13,988 12,538 43,302 28,607 185,277 Capital Expenditures 64,109 6,946 8,550 33,543 26,208 139,356 Cash Paid (Received) for Acquisitions, Net of Cash Acquired 8,778 (21 ) 2,510 8,048 2,399 21,714 Acquisitions of Customer Relationships and Customer Inducements 13,955 7,063 1,478 1,711 — 24,207 As of and for the Six Months Ended June 30, 2016 Total Revenues 926,151 199,613 212,074 267,010 29,590 1,634,438 Depreciation and Amortization 102,815 11,747 26,320 40,183 21,161 202,226 Depreciation 88,122 11,254 20,369 29,225 19,950 168,920 Amortization 14,693 493 5,951 10,958 1,211 33,306 Adjusted OIBDA 365,695 110,541 65,219 63,507 (108,382 ) 496,580 Total Assets (1) 5,202,917 786,019 1,172,297 2,085,246 494,575 9,741,054 Expenditures for Segment Assets 66,538 8,577 4,902 313,745 63,202 456,964 Capital Expenditures 56,822 7,129 10,037 27,542 62,135 163,665 Cash (Received) Paid for Acquisitions, Net of Cash Acquired (2,676 ) (59 ) (7,103 ) 285,349 1,042 276,553 Acquisitions of Customer Relationships and Customer Inducements 12,392 1,507 1,968 854 25 16,746 ______________________________________________________________________________ (1) Excludes all intercompany receivables or payables and investment in subsidiary balances. (2) During the fourth quarter of 2015, we adopted ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a reduction of the related debt liability rather than an asset. Total assets as of June 30, 2015 for the Western European Business, Other International Business and Corporate and Other Business segments have been reduced by $9,907 , $788 , and $33,132 , respectively, to reflect the adoption of ASU 2015-03. The accounting policies of the reportable segments are the same as those described in Note 2 in Notes to Consolidated Financial Statements included in this Quarterly Report on Form 10-Q and in our Annual Report. Adjusted OIBDA for each segment is defined as operating income before depreciation, amortization, intangible impairments, (gain) loss on disposal/write-down of property, plant and equipment (excluding real estate), net, costs associated with our conversion to a REIT, excluding REIT compliance costs beginning January 1, 2014 which we expect to recur in future periods ("REIT Costs") and Recall Costs (as defined below) directly attributable to the segment. Internally, we use Adjusted OIBDA as the basis for evaluating the performance of, and allocating resources to, our operating segments. A reconciliation of Adjusted OIBDA to income (loss) from continuing operations before provision (benefit) for income taxes is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Adjusted OIBDA $ 223,228 $ 261,434 $ 454,446 $ 496,580 Less: Depreciation and Amortization 87,549 115,022 173,500 202,226 Loss (Gain) on Disposal/Write-Down of Property, Plant and Equipment (Excluding Real Estate), Net 515 (626 ) 848 (1,077 ) Recall Costs(1) 5,662 50,412 5,662 68,739 Interest Expense, Net 66,087 74,866 130,985 141,928 Other Expense (Income), Net 2,004 25,641 24,353 13,704 Income (Loss) from Continuing Operations before Provision (Benefit) for Income Taxes $ 61,411 $ (3,881 ) $ 119,098 $ 71,060 _______________________________________________________________________________ (1) Includes operating expenditures associated with our acquisition of Recall, including operating expenditures to complete the Recall Transaction, including advisory and professional fees and costs to complete the Divestments required in connection with receipt of regulatory approval and to provide transitional services required to support the divested businesses during a transition period ("Recall Deal Close & Divestment Costs"), as well as operating expenditures to integrate Recall with our existing operations, including moving, severance, facility upgrade, REIT conversion and system upgrade costs ("Recall Integration Costs" and, collectively with Recall Deal Close & Divestment Costs, "Recall Costs").

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	a. Litigation—General We are involved in litigation from time to time in the ordinary course of business. A portion of the defense and/or settlement costs associated with such litigation is covered by various commercial liability insurance policies purchased by us and, in limited cases, indemnification from third parties. The matters described below represent our significant loss contingencies. We have evaluated each matter and, if both probable and estimable, accrued an amount that represents our estimate of any probable loss associated with such matter. In addition, we have estimated a reasonably possible range for all loss contingencies including those described below. We believe it is reasonably possible that we could incur aggregate losses in addition to amounts currently accrued for all matters up to an additional $21,000 over the next several years, of which certain amounts would be covered by insurance or indemnity arrangements. b. Italy Fire On November 4, 2011, we experienced a fire at a facility we leased in Aprilia, Italy. The facility primarily stored archival and inactive business records for local area businesses. Despite quick response by local fire authorities, damage to the building was extensive, and the building and its contents were a total loss. We have been sued by five customers. Four of those lawsuits have been settled and one , a claim asserted by Azienda per i Transporti Autoferrotranviari del Comune di Roma, S.p.A, seeking 42,600 Euros for the loss of its current and historical archives, remains pending. We have also received correspondence from other affected customers, including certain customers demanding payment under various theories of liability. Although our warehouse legal liability insurer has reserved its rights to contest coverage related to certain types of potential claims, we believe we carry adequate insurance. We deny any liability with respect to the fire and we have referred these claims to our warehouse legal liability insurer for an appropriate response. We do not expect that this event will have a material impact on our consolidated financial condition, results of operations or cash flows. We sold our Italian operations on April 27, 2012, and we indemnified the buyers related to certain obligations and contingencies associated with the fire. As a result of the sale of the Italian operations, any future statement of operations and cash flow impacts related to the fire will be reflected as discontinued operations. c. Argentina Fire On February 5, 2014, we experienced a fire at a facility we own in Buenos Aires, Argentina. As a result of the quick response by local fire authorities, the fire was contained before the entire facility was destroyed, and all employees were safely evacuated; however, a number of first responders lost their lives, or in some cases, were severely injured. The cause of the fire is currently being investigated. We believe we carry adequate insurance and do not expect that this event will have a material impact to our consolidated financial condition, results of operations or cash flows. Revenues from our operations at this facility represent less than 0.5% of our consolidated revenues. d. Brooklyn Fire (Recall) On January 31, 2015, a former Recall leased facility located in Brooklyn, New York was completely destroyed by a fire. Approximately 900,000 cartons were lost impacting approximately 1,200 customers. No one was injured as a result of the fire. We believe we carry adequate insurance to cover any losses resulting from the fire. There are two pending customer-related lawsuits stemming from the fire, both of which are being defended by our warehouse legal liability insurer. We have also received correspondence from other customers, under various theories of liability. We deny any liability with respect to the fire and we have referred these claims to our insurer for an appropriate response. We do not expect that this event will have a material impact on our consolidated financial condition, results of operations or cash flows.

Stockholders' Equity Matters

Stockholders' Equity Matters	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Stockholders' Equity Matters	Our board of directors has adopted a dividend policy under which we have paid, and in the future intend to pay, quarterly cash dividends on our common stock. The amount and timing of future dividends will continue to be subject to the approval of our board of directors, in its sole discretion, and to applicable legal requirements. In fiscal year 2015 and in the first six months of 2016 , our board of directors declared the following dividends: Declaration Date Dividend Record Date Total Payment Date February 19, 2015 $ 0.4750 March 6, 2015 $ 99,795 March 20, 2015 May 28, 2015 0.4750 June 12, 2015 100,119 June 26, 2015 August 27, 2015 0.4750 September 11, 2015 100,213 September 30, 2015 October 29, 2015 0.4850 December 1, 2015 102,438 December 15, 2015 February 18, 2016 0.4850 March 7, 2016 102,651 March 21, 2016 May 25, 2016 0.4850 June 6, 2016 127,469 June 24, 2016

Divestments

Divestments	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Divestments	As disclosed in Note 4, in connection with the acquisition of Recall, we sought regulatory approval of the Recall Transaction from the DOJ, ACCC, CCB and CMA and, as part of the regulatory approval process, we agreed to make the Divestments. The assets and liabilities related to the Seattle/Atlanta Divestments, the Australia Divestment Business, the Canadian Divestments and the UK Divestments are included in our Consolidated Balance Sheet as of June 30, 2016. The assets and liabilities related to the Initial United States Divestments were sold to Access CIG in the Access Sale on May 4, 2016. The following provides additional information regarding (a) the Access Sale; (b) the assets and liabilities related to the Seattle/Atlanta Divestments, the Australia Divestment Business, the Canadian Divestments and the UK Divestments (collectively, the “Divestments Held for Sale”), each of which are classified as held for sale on our Consolidated Balance Sheet as of June 30, 2016; and (c) the presentation of the Divestments in our Consolidated Statements of Operations for the three and six months ended June 30, 2015 and 2016, respectively, and our Consolidated Statements of Cash Flows for the six months ended June 30, 2015 and 2016, respectively. a. Access Sale On May 4, 2016, we completed the Access Sale for total consideration of approximately $80,000 , subject to adjustments. Of the total consideration, we received $ 55,000 in cash proceeds upon the closing of the Access Sale, and we are entitled to receive up to $25,000 of additional cash proceeds on the 27 month anniversary of the closing of the Access Sale (the “Access Contingent Consideration”). Our estimate of the fair value of the Access Contingent Consideration is $ 25,000 and, accordingly, we have recognized a non-trade receivable included in other, a component of other assets, net in our Consolidated Balance Sheet as of June 30, 2016 for this amount. The assets subject to the Access Sale were acquired in the Recall Transaction and, therefore, the preliminary estimated fair value of the Access Contingent Consideration has been reflected in the allocation of the purchase price for Recall (as presented in Note 4) as a component of "Fair Value of Divestments". We will reassess our initial estimate of the Access Contingent Consideration as additional information becomes available to us. We are not aware of any information that would indicate that the final fair value of the Access Contingent Consideration will differ meaningfully from our initial estimate. Our policy related to the recognition of contingent consideration (from a seller’s perspective) is to recognize contingent consideration at its estimated fair value upon closing of the transaction. Our policy related to the subsequent measurement of contingent consideration (from a seller’s perspective) is (i) to recognize contingent consideration in excess of our original estimate of fair value upon cash receipt of such consideration and (ii) to recognize any impairment of the contingent consideration compared to our original estimate in the period in which we determine such an impairment exists. b. Assets and Liabilities Held for Sale We have concluded that, as of June 30, 2016, the assets and liabilities related to the Divestments Held for Sale meet the criteria to be reported as held for sale on our Consolidated Balance Sheet as of June 30, 2016. Our assets and liabilities held for sale as of June 30, 2016 are comprised of the following: Description Seattle/Atlanta Divestments Australia Divestment Business Recall Canadian Divestments Iron Mountain Canadian Divestments UK Divestments Total Assets held for sale: Accounts receivable $ — $ 8,957 $ — $ — $ — $ 8,957 Deferred income taxes — 1,388 — — — 1,388 Prepaid expenses and other — 582 — — — 582 Property, plant and equipment, net — 23,952 — 1,666 — 25,618 Goodwill — 40,089 — 3,332 — 43,421 Estimated fair value of assets held for sale, less costs to sell 23,118 — 20,333 — 5,433 48,884 Customer relationships and customer inducements — 14,627 — — — 14,627 Other — 491 — — — 491 $ 23,118 $ 90,086 $ 20,333 $ 4,998 $ 5,433 $ 143,968 Liabilities held for sale: Accounts payable $ — $ 1,484 $ — $ — $ — $ 1,484 Accrued expenses — 5,318 — — — 5,318 Deferred revenue — 1,712 — — — 1,712 Other long-term liabilities — 8,726 — — — 8,726 Deferred rent — 2,621 — — — 2,621 Other — — — — 1,773 1,773 $ — $ 19,861 $ — $ — $ 1,773 $ 21,634 The assets and liabilities associated with the Seattle/Atlanta Divestments and the Canadian Divestments are included in our North American Records and Information Management Business segment. The assets and liabilities associated with the Australia Divestment Business are included in our Other International Business segment. The assets and liabilities associated with the UK Divestments are included in our Western European Business segment. c. Presentation of Divestments in Consolidated Statements of Operations and Consolidated Statements of Cash Flows We have concluded that the Australian Divestment Business and the Iron Mountain Canadian Divestments (collectively, the “Iron Mountain Divestments”) do not meet the criteria to be reported as discontinued operations in our Consolidated Statements of Operations for the three and six months ended June 30, 2015 and 2016, respectively, and in our Consolidated Statements of Cash Flows for the six months ended June 30, 2015 and 2016, respectively, as our decision to divest these businesses does not represent a strategic shift that will have a major effect on our operations and financial results. Accordingly, the revenues and expenses associated with the Iron Mountain Divestments are included as a component of income (loss) from continuing operations in our Consolidated Statements of Operations for the three and six months ended June 30, 2015 and 2016, respectively, and the cash flows associated with these businesses are included as a component of cash flows from continuing operations in our Consolidated Statements of Cash Flows for the six months ended June 30, 2015 and 2016, respectively. We have concluded that the Initial United States Divestments, the Seattle/Atlanta Divestments, the Recall Canadian Divestments, and the UK Divestments (collectively, the “Recall Divestments”) meet the criteria to be reported as discontinued operations in our Consolidated Statements of Operations for the three and six months ended June 30, 2016 and in our Consolidated Statements of Cash Flows for the six months ended June 30, 2016, respectively, as the Recall Divestments met the criteria to be reported as assets and liabilities held for sale at, or within a short period of time following, the closing of the Recall Transaction. The table below summarizes certain results of operations of the Recall Divestments: Three Months Ended June 30, 2016 Description Initial United States Divestments(1) Seattle/Atlanta Divestments Recall Canadian Divestments UK Divestments Total Total Revenues $ — $ 1,810 $ 1,888 $ 311 $ 4,009 Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes — 934 867 75 1,876 Provision (Benefit) for Income Taxes — 44 232 13 289 Income (Loss) from Discontinued Operations, Net of Tax $ — $ 890 $ 635 $ 62 $ 1,587 Six Months Ended June 30, 2016 Description Initial Seattle/Atlanta Divestments Recall Canadian Divestments UK Divestments Total Total Revenues $ — $ 1,810 $ 1,888 $ 311 $ 4,009 Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes — 934 867 75 1,876 Provision (Benefit) for Income Taxes — 44 232 13 289 Income (Loss) from Discontinued Operations, Net of Tax $ — $ 890 $ 635 $ 62 $ 1,587 ______________________________________________________________________________ (1) The Access Sale occurred nearly simultaneously with the closing of the Recall Transaction. Accordingly, the revenue and expenses associated with the Initial United States Divestments are not included in our Consolidated Statements of Operations for the three and six months ended June 30, 2016, respectively, and the cash flows associated with the Initial United States Divestments are not included in our Consolidated Statement of Cash Flows for the six months ended June 30, 2016, due to the immaterial nature of the revenues, expenses and cash flows related to the Initial United States Divestments for the period of time we owned these businesses (May 2, 2016 through May 4, 2016).

Transformation Initiative

Transformation Initiative	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Overhead Optimization Plan	During the third quarter of 2015, we implemented a plan that calls for certain organizational realignments to reduce our overhead costs, particularly in our developed markets, in order to optimize our selling, general and administrative cost structure and to support investments to advance our growth strategy (the “Transformation Initiative”), which is expected to be completed by the end of 2017. As a result of the Transformation Initiative, we recorded a charge of $76 and $5,819 for the three and six months ended June 30, 2016, respectively, primarily related to employee severance and associated benefits. Costs included in the accompanying Consolidated Statements of Operations associated with the Transformation Initiative are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ — $ — $ — Selling, general and administrative expenses — 76 — 5,819 Total $ — $ 76 $ — $ 5,819 Costs recorded by segment associated with the Transformation Initiative are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ — $ — $ 2,289 North American Data Management Business — — — 395 Western European Business — — — 204 Other International Business — — — — Corporate and Other Business — 76 — 2,931 Total $ — $ 76 $ — $ 5,819 Through June 30, 2016, we have recorded cumulative charges to our Consolidated Statements of Operations associated with the Transformation Initiative of $15,986 . As of June 30, 2016 , we had accrued $1,588 related to the Transformation Initiative. We expect that this liability will be paid throughout the second half of 2016.

Recall Costs (Notes)

Recall Costs (Notes)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Recall Costs	We expect to incur approximately $300,000 of Recall Costs, including approximately $80,000 of Recall Deal Close & Divestment Costs, as well as approximately $220,000 of Recall Integration Costs. Recall Costs included in the accompanying Consolidated Statements of Operations are as follows: Recall Deal Close & Divestment Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ — $ — $ — Selling, general and administrative expenses 5,662 24,716 5,662 32,077 Total Recall Deal Close & Divestment Costs $ 5,662 $ 24,716 $ 5,662 $ 32,077 Recall Integration Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ 331 $ — $ 331 Selling, general and administrative expenses — 25,365 — 36,331 Total Recall Integration Costs $ — $ 25,696 $ — $ 36,662 Total Recall Costs $ 5,662 $ 50,412 $ 5,662 $ 68,739 Recall Costs included in the accompanying Consolidated Statements of Operations by segment are as follows: Recall Deal Close & Divestment Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ — $ — $ — North American Data Management Business — — — — Western European Business — — — — Other International Business — — — — Corporate and Other Business 5,662 24,716 5,662 32,077 Total Recall Deal Close & Divestment Costs $ 5,662 $ 24,716 $ 5,662 $ 32,077 Recall Integration Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ 2,794 $ — $ 2,833 North American Data Management Business — 517 — 517 Western European Business — 3,913 — 4,130 Other International Business — 5,517 — 5,948 Corporate and Other Business — 12,955 — 23,234 Total Recall Integration Costs $ — $ 25,696 $ — $ 36,662 Total Recall Costs ` $ 5,662 $ 50,412 $ 5,662 $ 68,739 As of June 30, 2016, we had accrued approximately $14,100 of Recall Integration Costs, primarily related to employee severance costs. We expect that this liability will be paid through the first half of 2017.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Event In August 2016, we reached an agreement in principle under a non-binding memorandum of understanding to acquire the information management operations of Santa Fe Group A/S (“Santa Fe”) in ten regions within Europe and Asia for approximately 27,000 Euro, or approximately $30,200 (the “Santa Fe Transaction”), based upon the exchange rate between the United States dollar and the Euro as of August 2, 2016. Santa Fe operates its information management business in Spain, India, Hong Kong, Macau, Indonesia, the Philippines, Singapore, Malaysia, South Korea and Taiwan. The Santa Fe Transaction is expected to close by the end of 2016. The memorandum of understanding between us and Santa Fe is non-binding and any binding agreement we enter into with Santa Fe will be subject to closing conditions; accordingly, we can provide no assurance that we will complete this acquisition, that the acquisition will not be delayed or that the terms of the acquisition will not change.

Summary of Significant Accoun24

Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Foreign Currency Transactions and Translations	Foreign Currency Local currencies are the functional currencies for our operations outside the United States, with the exception of certain foreign holding companies and our financing centers in Europe, whose functional currency is the United States dollar. In those instances where the local currency is the functional currency, assets and liabilities are translated at period-end exchange rates, and revenues and expenses are translated at average exchange rates for the applicable period. Resulting translation adjustments are reflected in the accumulated other comprehensive items, net component of Iron Mountain Incorporated Stockholders' Equity and Noncontrolling Interests in the accompanying Consolidated Balance Sheets. The gain or loss on foreign currency transactions, calculated as the difference between the historical exchange rate and the exchange rate at the applicable measurement date, including those related to (1) our previously outstanding 6 3 / 4 % Euro Senior Subordinated Notes due 2018 (the "6 3 / 4 % Notes"), (2) borrowings in certain foreign currencies under our Revolving Credit Facility (as defined in Note 5) and (3) certain foreign currency denominated intercompany obligations of our foreign subsidiaries to us and between our foreign subsidiaries, which are not considered permanently invested, are included in other expense (income), net, in the accompanying Consolidated Statements of Operations.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and indefinite-lived intangible assets We have selected October 1 as our annual goodwill impairment review date. We performed our most recent annual goodwill impairment review as of October 1, 2015 and concluded there was no impairment of goodwill at such date. As of December 31, 2015 , no factors were identified that would alter our October 1, 2015 goodwill analysis. While several of our reporting units were impacted by our acquisition of Recall, no factors were identified as of June 30, 2016 that would indicate an impairment of goodwill. In making this assessment, we relied on a number of factors including operating results, business plans, anticipated future cash flows, transactions and marketplace data. There are inherent uncertainties related to these factors and our judgment in applying them to the analysis of goodwill impairment. When changes occur in the composition of one or more reporting units, the goodwill is reassigned to the reporting units affected based on their relative fair values.
Stock-Based Compensation	Stock-Based Compensation We record stock-based compensation expense, utilizing the straight-line method, for the cost of stock options, restricted stock units ("RSUs"), performance units ("PUs") and shares of stock issued under our employee stock purchase plan ("ESPP") (together, "Employee Stock-Based Awards"). Stock-based compensation expense for Employee Stock-Based Awards included in the accompanying Consolidated Statements of Operations for the three and six months ended June 30, 2015 was $7,921 ( $5,467 after tax or $0.03 per basic and diluted share) and $14,777 ( $10,413 after tax or $0.05 per basic and diluted share), respectively. Stock-based compensation expense for Employee Stock-Based Awards for the three and six months ended June 30, 2016 was $9,028 ( $7,011 after tax or $0.03 per basic and diluted share) and $15,913 ( $11,925 after tax or $0.05 per basic and diluted share), respectively. Stock-based compensation expense for Employee Stock-Based Awards included in the accompanying Consolidated Statements of Operations is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ 46 $ 25 $ 91 $ 52 Selling, general and administrative expenses 7,875 9,003 14,686 15,861 Total stock-based compensation $ 7,921 $ 9,028 $ 14,777 $ 15,913 The benefits associated with the tax deductions in excess of recognized compensation cost are required to be reported as financing activities in the accompanying Consolidated Statements of Cash Flows. This requirement impacts reported operating cash flows and reported financing cash flows. As a result, net financing cash flows included $260 and $29 for the six months ended June 30, 2015 and 2016 , respectively, from the benefit of tax deductions compared to recognized compensation cost. The tax benefit of any resulting excess tax deduction increases the Additional Paid-in Capital ("APIC") pool. Any resulting tax deficiency is deducted from the APIC pool. Stock Options A summary of our stock options outstanding as of June 30, 2016 by vesting terms is as follows: June 30, 2016 Stock Options Outstanding % of Stock Options Outstanding Three-year vesting period (10 year contractual life) 2,856,930 70.1 % Five-year vesting period (10 year contractual life) 948,752 23.3 % Ten-year vesting period (12 year contractual life) 271,138 6.6 % 4,076,820 The weighted average fair value of stock options granted for the six months ended June 30, 2015 and 2016 was $4.99 and $2.49 per share, respectively. These values were estimated on the date of grant using the Black-Scholes stock option pricing model. The weighted average assumptions used for grants in the respective period are as follows: Six Months Ended Weighted Average Assumptions 2015 2016 Expected volatility 28.6 % 27.2 % Risk-free interest rate 1.70 % 1.32 % Expected dividend yield 5 % 7 % Expected life 5.5 years 5.6 years Expected volatility is calculated utilizing daily historical volatility over a period that equates to the expected life of the stock option. The risk-free interest rate was based on the United States Treasury interest rates whose term is consistent with the expected life (estimated period of time outstanding) of the stock options. Expected dividend yield is considered in the stock option pricing model and represents our current annualized expected per share dividends over the current trade price of our common stock. The expected life of the stock options granted is estimated using the historical exercise behavior of employees. A summary of stock option activity for the six months ended June 30, 2016 is as follows: Stock Options Weighted Weighted Average Outstanding at December 31, 2015 3,688,814 $ 27.79 Granted 1,408,788 33.88 Exercised (998,993 ) 23.94 Forfeited (10,526 ) 34.16 Expired (11,263 ) 30.60 Outstanding at June 30, 2016 4,076,820 $ 30.81 6.91 $ 39,796 Options exercisable at June 30, 2016 1,897,278 $ 25.70 4.34 $ 27,818 Options expected to vest 2,030,097 $ 35.27 9.15 $ 11,180 The aggregate intrinsic value of stock options exercised for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Aggregate intrinsic value of stock options exercised $ 1,716 $ 9,926 $ 5,883 $ 11,359 Restricted Stock Units Under our various equity compensation plans, we may also grant RSUs. Our RSUs generally have a vesting period of between three and five years from the date of grant. However, RSUs granted to our non-employee directors in 2015 and thereafter vest immediately upon grant. All RSUs accrue dividend equivalents associated with the underlying stock as we declare dividends. Dividends will generally be paid to holders of RSUs in cash upon the vesting date of the associated RSU and will be forfeited if the RSU does not vest. The fair value of RSUs is the excess of the market price of our common stock at the date of grant over the purchase price (which is typically zero). Cash dividends accrued and paid on RSUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on RSUs $ 631 $ 616 $ 1,301 $ 1,247 Cash dividends paid on RSUs 571 196 2,300 1,831 The fair value of RSUs vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of RSUs vested $ 3,600 $ 2,807 $ 19,184 $ 17,785 A summary of RSU activity for the six months ended June 30, 2016 is as follows: RSUs Weighted- Non-vested at December 31, 2015 1,217,597 $ 33.68 Granted 596,401 31.26 Vested (528,210 ) 33.67 Forfeited (33,563 ) 34.31 Non-vested at June 30, 2016 1,252,225 $ 32.51 Performance Units Under our various equity compensation plans, we may also make awards of PUs. For the majority of outstanding PUs, the number of PUs earned is determined based on our performance against predefined targets of revenue and return on invested capital ("ROIC"). The number of PUs earned may range from 0% to 200% of the initial award. The number of PUs earned is determined based on our actual performance as compared to the targets at the end of a three -year performance period. Certain PUs that we grant will be earned based on a market condition associated with the total return on our common stock in relation to a subset of the Standard & Poor's 500 Index rather than the revenue and ROIC targets noted above. The number of PUs earned based on this market condition may range from 0% to 200% of the initial award. All of our PUs will be settled in shares of our common stock and are subject to cliff vesting three years from the date of the original PU grant. PUs awarded to employees who terminate their employment during the three -year performance period and on or after attaining age 55 and completing 10 years of qualifying service are eligible for pro-rated vesting, subject to the actual achievement against the predefined targets or a market condition as discussed above, based on the number of full years of service completed following the grant date (but delivery of the shares remains deferred). As a result, PUs are generally expensed over the three-year performance period. All PUs accrue dividend equivalents associated with the underlying stock as we declare dividends. Dividends will generally be paid to holders of PUs in cash upon the settlement date of the associated PU and will be forfeited if the PU does not vest. Cash dividends accrued and paid on PUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on PUs $ 214 $ 263 $ 425 $ 525 Cash dividends paid on PUs — — 1,015 645 During the six months ended June 30, 2016 , we issued 221,662 PUs. The majority of our PUs are earned based on our performance against revenue and ROIC targets during their applicable performance period; therefore, we forecast the likelihood of achieving the predefined revenue and ROIC targets in order to calculate the expected PUs to be earned. We record a compensation charge based on either the forecasted PUs to be earned (during the performance period) or the actual PUs earned (at the three-year anniversary of the grant date) over the vesting period for each of the awards. For PUs earned based on a market condition, we utilize a Monte Carlo simulation to fair value these awards at the date of grant, and such fair value is expensed over the three-year performance period. As of June 30, 2016 , we expected 0% , 100% and 100% achievement of the predefined revenue and ROIC targets associated with the awards of PUs made in 2014 , 2015 and 2016 , respectively. The fair value of earned PUs that vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of earned PUs that vested $ 44 $ 1,174 $ 2,107 $ 5,255 A summary of PU activity for the six months ended June 30, 2016 is as follows: Original PU Adjustment(1) Total Weighted- Non-vested at December 31, 2015 520,764 (86,959 ) 433,805 $ 34.11 Granted 221,662 — 221,662 35.11 Vested (148,403 ) — (148,403 ) 35.41 Forfeited/Performance or Market Conditions Not Achieved (2,106 ) (34,079 ) (36,185 ) 44.36 Non-vested at June 30, 2016 591,917 (121,038 ) 470,879 $ 33.38 _______________________________________________________________________________ (1) Represents an increase or decrease in the number of original PUs awarded based on either the final performance criteria or market condition achievement at the end of the performance period of such PUs or a change in estimated awards based on the forecasted performance against the predefined targets. Employee Stock Purchase Plan We offer an ESPP in which participation is available to substantially all United States and Canadian employees who meet certain service eligibility requirements. The price for shares purchased under the ESPP is 95% of the market price of our common stock at the end of the offering period, without a look-back feature. As a result, we do not recognize compensation expense for the ESPP shares purchased. For the six months ended June 30, 2015 and 2016 , there were 59,569 shares and 56,662 shares, respectively, purchased under the ESPP. As of June 30, 2016 , we had 781,767 shares available under the ESPP. _______________________________________________________________________________ As of June 30, 2016 , unrecognized compensation cost related to the unvested portion of our Employee Stock-Based Awards was $47,863 and is expected to be recognized over a weighted-average period of 2.1 years. We generally issue shares of our common stock for the exercises of stock options, RSUs, PUs and shares of our common stock under our ESPP from unissued reserved shares.
Income (Loss) Per Share-Basic and Diluted	Income (Loss) Per Share—Basic and Diluted Basic income (loss) per common share is calculated by dividing income (loss) by the weighted average number of common shares outstanding. The calculation of diluted income (loss) per share is consistent with that of basic income (loss) per share but gives effect to all potential common shares (that is, securities such as stock options, warrants or convertible securities) that were outstanding during the period, unless the effect is antidilutive.
Income Taxes	Income Taxes We provide for income taxes during interim periods based on our estimate of the effective tax rate for the year. Discrete items and changes in our estimate of the annual effective tax rate are recorded in the period they occur. Our effective tax rate is subject to variability in the future due to, among other items: (1) changes in the mix of income between our qualified REIT subsidiaries and our domestic taxable REIT subsidiaries ("TRSs"), as well as among the jurisdictions in which we operate; (2) tax law changes; (3) volatility in foreign exchange gains and losses; (4) the timing of the establishment and reversal of tax reserves; and (5) our ability to utilize net operating losses that we generate. Our effective tax rates for the three and six months ended June 30, 2015 were 12.1% and 19.6% , respectively. For the three months ended June 30, 2016, we had a net loss from continuing operations before provision of income taxes of $3,881 and a provision for income taxes of $10,839 ; as such our effective tax rate for the three months ended June 30, 2016 is not meaningful. Our effective tax rate for the six months ended June 30, 2016 was 32.0% . The primary reconciling items between the federal statutory tax rate of 35.0% and our overall effective tax rates in the three and six months ended June 30, 2015 were the benefit derived from the dividends paid deduction, differences in the rates of tax at which our foreign earnings are subject, including foreign exchange gains and losses in different jurisdictions with different tax rates, and state income taxes.
Fair Value Measurements	Fair Value Measurements Our financial assets or liabilities that are carried at fair value are required to be measured using inputs from the three levels of the fair value hierarchy. A financial asset or liability's classification within the hierarchy is determined based on the lowest level input that is significant to the fair value measurement. The three levels of the fair value hierarchy are as follows: Level 1—Inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date. Level 2—Inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3—Unobservable inputs that reflect our assumptions about the assumptions that market participants would use in pricing the asset or liability
Property, Plant and Equipment and Long-Lived Assets	Property, Plant and Equipment and Long-Lived Assets During the three and six months ended June 30, 2015 , we capitalized $6,395 and $12,435 of costs, respectively, associated with the development of internal use computer software projects. During the three and six months ended June 30, 2016, we capitalized $5,135 and $8,538 of costs, respectively, associated with the development of internal use computer software projects. Consolidated loss on disposal/write-down of property, plant and equipment (excluding real estate), net for the three and six months ended June 30, 2015 was $515 and $848 , respectively, which was primarily associated with the write-off of certain property associated with our North American Records and Information Management Business segment. Consolidated gain on disposal/write-down of property, plant and equipment (excluding real estate), net for the three and six months ended June 30, 2016 was $626 and $1,077 , respectively, which was primarily associated with the retirement of leased vehicles accounted for as capital lease assets within our North American Records and Information Management Business segment.
Recent Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"). ASU 2014-09 provides guidance for management to reassess revenue recognition as it relates to: (1) transfer of control, (2) variable consideration, (3) allocation of transaction price based on relative standalone selling price, (4) licenses, (5) time value of money, and (6) contract costs. Further disclosures will be required to provide a better understanding of revenue that has been recognized and revenue that is expected to be recognized in the future from existing contracts. In August 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date ("ASU 2015-14"). ASU 2015-14 deferred the effective date of ASU 2014-09 for one year, making it effective for us on January 1, 2018, with early adoption permitted as of January 1, 2017. We will adopt ASU 2014-09 as of January 1, 2018. We are currently evaluating the impact ASU 2014-09 will have on our consolidated financial statements. In August 2014, the FASB issued ASU No. 2014-15, Presentation of Financial Statements Going Concern (Subtopic 205-40) (“ASU 2014-15”). ASU 2014-15 requires management to assess an entity’s ability to continue as a going concern by incorporating and expanding upon certain principles of current United States auditing standards. Specifically, the amendments (1) provide a definition of the term “substantial doubt”, (2) require an evaluation every reporting period, including interim periods, (3) provide principles for considering the mitigating effect of management’s plans, (4) require certain disclosures when substantial doubt is alleviated as a result of consideration of management’s plans, (5) require an express statement and other disclosures when substantial doubt is still present, and (6) require an assessment for a period of one year after the date that the financial statements are issued (or available to be issued). ASU 2014-15 is effective for us on January 1, 2017, with early adoption permitted. We will adopt ASU 2014-15 as of January 1, 2017. We do not believe that the adoption of ASU 2014-15 will have an impact on our consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810): Amendments to the Consolidation Analysis (“ASU 2015‑02”). ASU 2015-02 affects reporting entities that are required to evaluate whether they should consolidate certain legal entities. We adopted ASU 2015-02 on January 1, 2016. The adoption of ASU 2015-02 did not impact our consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes ("ASU 2015-17"). ASU No. 2015-17 eliminates the requirement for reporting entities to present deferred tax liabilities and assets as current and noncurrent in a classified balance sheet. Instead, reporting entities will be required to classify all deferred tax assets and liabilities as noncurrent. The amendments in ASU 2015-17 may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. ASU 2015-17 is effective for us on January 1, 2017, with early adoption permitted. We are currently evaluating the impact ASU 2015-17 will have on our consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities ("ASU 2016-01"). ASU 2016-01 requires that most equity investments be measured at fair value, with subsequent changes in fair value recognized in net income. The pronouncement also impacts financial liabilities under the fair value option and the presentation and disclosure requirements for financial instruments. ASU 2016-01 is effective for us on January 1, 2018. We do not believe that the adoption of ASU 2016-01 will have a material impact on our consolidated financial statements. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) ("ASU 2016-02"). ASU 2016-02 requires lessees to recognize assets and liabilities on the balance sheet for the rights and obligations created by all leases with terms of more than 12 months. ASU 2016-02 also will require certain qualitative and quantitative disclosures designed to give financial statement users information on the amount, timing, and uncertainty of cash flows arising from leases. ASU 2016-02 will be effective for us on January 1, 2019, with early adoption permitted. We are currently evaluating the impact ASU 2016-02 will have on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-07, Simplifying the Transition to the Equity Method of Accounting ("ASU 2016-07"). ASU 2016-07 eliminates the requirement for a reporting entity to apply the equity method of accounting retrospectively when they obtain significant influence over a previously held investment. Furthermore, under ASU 2016-07, for any available-for-sale securities that become eligible for the equity method of accounting, the unrealized gain or loss recorded within other comprehensive income (loss) associated with the securities should be recognized in earnings at the date the investment initially qualifies for the use of the equity method. We adopted ASU 2016-07 on April 1, 2016. The adoption of ASU 2016-07 did not have a material impact on our consolidated financial statements. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation-Improvements to Employee Share-Based Payment Accounting ("ASU 2016-09"). ASU 2016-09 involves several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Under ASU 2016-09, income tax benefits and deficiencies are to be recognized as income tax expense or benefit in the statement of operations and the tax effects of exercised or vested awards should be treated as discrete items in the reporting period in which they occur. Additionally, under ASU 2016-09, excess tax benefits should be classified along with other income tax cash flows as an operating activity. ASU 2016-09 will be effective for us on January 1, 2017, with early adoption permitted. We are currently evaluating the impact ASU 2016-09 will have on our consolidated financial statements.

Summary of Significant Accoun25

Summary of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2016
Accounting Policies [Abstract]
Schedule of foreign currency gain/loss	Total loss on foreign currency transactions for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Total loss on foreign currency transactions $ 1,656 $ 17,193 $ 23,922 $ 4,651
Schedule of carrying value of goodwill, net for each of the reporting units	Carrying Value North American Records and Information Management(1) $ 1,342,723 North American Secure Shredding(1) 73,021 North American Data Management(2) 369,907 Adjacent Businesses - Data Centers(3) — Adjacent Businesses - Consumer Storage(3) 4,636 Adjacent Businesses - Fine Arts(3) 21,550 UKI(4) 260,202 Continental Western Europe(4) 63,442 Emerging Markets - Europe(5) 87,378 Latin America(5) 78,537 Australia(5) 47,786 Southeast Asia(5) 5,683 India(5) 6,113 Total $ 2,360,978 _______________________________________________________________________________ (1) This reporting unit is included in the North American Records and Information Management Business segment. (2) This reporting unit is included in the North American Data Management Business segment. (3) This reporting unit is included in the Corporate and Other Business segment. (4) This reporting unit is included in the Western European Business segment. (5) This reporting unit is included in the Other International Business segment. The carrying value of goodwill, net for each of our reporting units as of June 30, 2016 is as follows: Carrying Value North American Records and Information Management $ 2,081,192 North American Secure Shredding 151,187 North American Data Management 503,913 Adjacent Businesses - Data Centers — Adjacent Businesses - Consumer Storage 4,636 Adjacent Businesses - Fine Arts 22,911 UKI 337,012 Continental Western Europe 116,290 Northern and Eastern Europe(1) 138,021 Latin America 141,145 Australia and New Zealand 150,727 Southeast Asia 174,802 Africa and India(2) 18,254 Total $ 3,840,090 _______________________________________________________________________________ (1) Included in this reporting unit at June 30, 2016 is the goodwill associated with our March 2016 acquisition of Archyvu Sistemos as more fully disclosed in Note 4. (2) Included in this reporting unit at June 30, 2016 is the goodwill associated with our March 2016 acquisition of Docufile Holdings Proprietary Limited as more fully disclosed in Note 4.
Schedule of changes in the carrying value of goodwill attributable to each reportable operating segment	The changes in the carrying value of goodwill attributable to each reportable operating segment for the six months ended June 30, 2016 are as follows: North American North American Western European Business Other International Business Corporate and Other Business Total Gross Balance as of December 31, 2015 $ 1,620,425 $ 423,606 $ 381,149 $ 225,626 $ 26,186 $ 2,676,992 Deductible goodwill acquired during the year — — — — — — Non-deductible goodwill acquired during the year 812,945 132,251 154,750 425,426 215 1,525,587 Goodwill reclassified as assets held for sale (see Note 10) (3,332 ) — — (40,089 ) — (43,421 ) Fair value and other adjustments(1) (157 ) — — (515 ) 1,146 474 Currency effects 7,649 1,873 (25,706 ) 12,563 — (3,621 ) Gross Balance as of June 30, 2016 $ 2,437,530 $ 557,730 $ 510,193 $ 623,011 $ 27,547 $ 4,156,011 Accumulated Amortization Balance as of December 31, 2015 $ 204,681 $ 53,699 $ 57,505 $ 129 $ — $ 316,014 Currency effects 470 118 (614 ) (67 ) — (93 ) Accumulated Amortization Balance as of June 30, 2016 $ 205,151 $ 53,817 $ 56,891 $ 62 $ — $ 315,921 Net Balance as of December 31, 2015 $ 1,415,744 $ 369,907 $ 323,644 $ 225,497 $ 26,186 $ 2,360,978 Net Balance as of June 30, 2016 $ 2,232,379 $ 503,913 $ 453,302 $ 622,949 $ 27,547 $ 3,840,090 Accumulated Goodwill Impairment Balance as of December 31, 2015 $ 85,909 $ — $ 46,500 $ — $ — $ 132,409 Accumulated Goodwill Impairment Balance as of June 30, 2016 $ 85,909 $ — $ 46,500 $ — $ — $ 132,409 _______________________________________________________________________________ (1) Total fair value and other adjustments primarily include net adjustments of $656 related to property, plant and equipment and customer relationship intangible assets, partially offset by $182 of cash received related to certain acquisitions completed in 2015.
Components of amortizable intangible assets	The components of our finite-lived intangible assets as of December 31, 2015 and June 30, 2016 are as follows: December 31, 2015 June 30, 2016 Gross Carrying Accumulated Net Carrying Gross Carrying Accumulated Net Carrying Customer relationship intangible assets and Customer Inducements $ 937,174 $ (333,860 ) $ 603,314 $ 1,663,678 $ (352,869 ) $ 1,310,809 Core Technology(1) 3,370 (3,370 ) — 1,625 (1,625 ) — Trademarks and Non-Compete Agreements(1) 7,741 (4,955 ) 2,786 24,448 (6,164 ) 18,284 Total $ 948,285 $ (342,185 ) $ 606,100 $ 1,689,751 $ (360,658 ) $ 1,329,093 _______________________________________________________________________________ (1) Included in Other, a component of Other Assets, net in the accompanying Consolidated Balance Sheets.
Schedule of amortization expenses	Amortization expense associated with finite-lived intangible assets and deferred financing costs for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Amortization expense associated with finite-lived intangible assets and deferred financing costs $ 13,593 $ 24,395 $ 26,845 $ 38,958
Stock-based compensation expense for Employee Stock-Based Awards related to continuing operations	Stock-based compensation expense for Employee Stock-Based Awards included in the accompanying Consolidated Statements of Operations is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ 46 $ 25 $ 91 $ 52 Selling, general and administrative expenses 7,875 9,003 14,686 15,861 Total stock-based compensation $ 7,921 $ 9,028 $ 14,777 $ 15,913
Summary of the weighted average assumptions used for stock option grants	The weighted average assumptions used for grants in the respective period are as follows: Six Months Ended Weighted Average Assumptions 2015 2016 Expected volatility 28.6 % 27.2 % Risk-free interest rate 1.70 % 1.32 % Expected dividend yield 5 % 7 % Expected life 5.5 years 5.6 years
Summary of stock option activity	A summary of our stock options outstanding as of June 30, 2016 by vesting terms is as follows: June 30, 2016 Stock Options Outstanding % of Stock Options Outstanding Three-year vesting period (10 year contractual life) 2,856,930 70.1 % Five-year vesting period (10 year contractual life) 948,752 23.3 % Ten-year vesting period (12 year contractual life) 271,138 6.6 % 4,076,820 A summary of stock option activity for the six months ended June 30, 2016 is as follows: Stock Options Weighted Weighted Average Outstanding at December 31, 2015 3,688,814 $ 27.79 Granted 1,408,788 33.88 Exercised (998,993 ) 23.94 Forfeited (10,526 ) 34.16 Expired (11,263 ) 30.60 Outstanding at June 30, 2016 4,076,820 $ 30.81 6.91 $ 39,796 Options exercisable at June 30, 2016 1,897,278 $ 25.70 4.34 $ 27,818 Options expected to vest 2,030,097 $ 35.27 9.15 $ 11,180
Aggregate intrinsic value of stock options exercised	The aggregate intrinsic value of stock options exercised for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Aggregate intrinsic value of stock options exercised $ 1,716 $ 9,926 $ 5,883 $ 11,359
Summary of restricted stock and RSU activity	The fair value of RSUs vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of RSUs vested $ 3,600 $ 2,807 $ 19,184 $ 17,785 A summary of RSU activity for the six months ended June 30, 2016 is as follows: RSUs Weighted- Non-vested at December 31, 2015 1,217,597 $ 33.68 Granted 596,401 31.26 Vested (528,210 ) 33.67 Forfeited (33,563 ) 34.31 Non-vested at June 30, 2016 1,252,225 $ 32.51 Cash dividends accrued and paid on RSUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on RSUs $ 631 $ 616 $ 1,301 $ 1,247 Cash dividends paid on RSUs 571 196 2,300 1,831
Schedule of performance units	The fair value of earned PUs that vested during the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Fair value of earned PUs that vested $ 44 $ 1,174 $ 2,107 $ 5,255 Cash dividends accrued and paid on PUs for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cash dividends accrued on PUs $ 214 $ 263 $ 425 $ 525 Cash dividends paid on PUs — — 1,015 645
Summary of Performance Unit (PU) activity	A summary of PU activity for the six months ended June 30, 2016 is as follows: Original PU Adjustment(1) Total Weighted- Non-vested at December 31, 2015 520,764 (86,959 ) 433,805 $ 34.11 Granted 221,662 — 221,662 35.11 Vested (148,403 ) — (148,403 ) 35.41 Forfeited/Performance or Market Conditions Not Achieved (2,106 ) (34,079 ) (36,185 ) 44.36 Non-vested at June 30, 2016 591,917 (121,038 ) 470,879 $ 33.38 _______________________________________________________________________________ (1) Represents an increase or decrease in the number of original PUs awarded based on either the final performance criteria or market condition achievement at the end of the performance period of such PUs or a change in estimated awards based on the forecasted performance against the predefined targets.
Calculation of basic and diluted net income (loss) per share attributable to the entity	The calculation of basic and diluted income (loss) per share for the three and six months ended June 30, 2015 and 2016 is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Income (loss) from continuing operations $ 54,007 $ (14,720 ) $ 95,746 $ 48,321 Total income (loss) from discontinued operations $ — $ 1,587 $ — $ 1,587 Net income (loss) attributable to Iron Mountain Incorporated $ 53,330 $ (13,968 ) $ 94,426 $ 48,806 Weighted-average shares—basic 210,699,000 246,387,000 210,468,000 228,957,000 Effect of dilutive potential stock options 958,714 — 1,091,022 622,293 Effect of dilutive potential RSUs and PUs 419,002 — 603,880 450,100 Weighted-average shares—diluted 212,076,716 246,387,000 212,162,902 230,029,393 Earnings (losses) per share—basic: Income (loss) from continuing operations $ 0.26 $ (0.06 ) $ 0.45 $ 0.21 Total income (loss) from discontinued operations $ — $ 0.01 $ — $ 0.01 Net income (loss) attributable to Iron Mountain Incorporated $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Earnings (losses) per share—diluted: Income (loss) from continuing operations $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Total income (loss) from discontinued operations $ — $ 0.01 $ — $ 0.01 Net income (loss) attributable to Iron Mountain Incorporated $ 0.25 $ (0.06 ) $ 0.45 $ 0.21 Antidilutive stock options, RSUs and PUs, excluded from the calculation 1,335,373 1,594,475 846,803 2,208,135
Assets and liabilities carried at fair value measured on a recurring basis	The assets and liabilities carried at fair value measured on a recurring basis as of December 31, 2015 and June 30, 2016 , respectively, are as follows: Fair Value Measurements at Description Total Carrying Value at December 31, 2015 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Time Deposits(1) $ 18,645 $ — $ 18,645 $ — Trading Securities 10,371 9,514 (2) 857 (1) — Available-for-Sale Securities 624 624 (2) — — Fair Value Measurements at Description Total Carrying Value at June 30, 2016 Quoted prices in active markets (Level 1) Significant other observable inputs (Level 2) Significant unobservable inputs (Level 3) Time Deposits(1) $ 18,743 $ — $ 18,743 $ — Trading Securities 10,357 9,877 (2) 480 (1) — _______________________________________________________________________________ (1) Time deposits and certain trading securities are measured based on quoted prices for similar assets and/or subsequent transactions. (2) Available-for-sale securities and certain trading securities are measured at fair value using quoted market prices.
Schedule of changes in accumulated other comprehensive items, net	The changes in accumulated other comprehensive items, net for the three months ended June 30, 2015 and 2016 , respectively, are as follows: Foreign Market Value Total Balance as of March 31, 2015 $ (132,084 ) $ 1,002 $ (131,082 ) Other comprehensive income (loss): Foreign currency translation adjustments 1,332 — 1,332 Total other comprehensive income (loss) 1,332 — 1,332 Balance as of June 30, 2015 $ (130,752 ) $ 1,002 $ (129,750 ) Foreign Market Value Total Balance as of March 31, 2016 $ (152,160 ) $ — $ (152,160 ) Other comprehensive income (loss): Foreign currency translation adjustments 2,871 — 2,871 Total other comprehensive income (loss) 2,871 — 2,871 Balance as of June 30, 2016 $ (149,289 ) $ — $ (149,289 ) The changes in accumulated other comprehensive items, net for the six months ended June 30, 2015 and 2016 , respectively, are as follows: Foreign Market Value Total Balance as of December 31, 2014 $ (76,010 ) $ 979 $ (75,031 ) Other comprehensive (loss) income: Foreign currency translation adjustments (54,742 ) — (54,742 ) Market value adjustment for securities — 23 23 Total other comprehensive (loss) income (54,742 ) 23 (54,719 ) Balance as of June 30, 2015 $ (130,752 ) $ 1,002 $ (129,750 ) Foreign Market Value Total Balance as of December 31, 2015 $ (175,651 ) $ 734 $ (174,917 ) Other comprehensive income (loss): Foreign currency translation adjustments 26,362 — 26,362 Market value adjustment for securities — (734 ) (734 ) Total other comprehensive income (loss) 26,362 (734 ) 25,628 Balance as of June 30, 2016 $ (149,289 ) $ — $ (149,289 )
Other expense (income), net	Other expense (income), net for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Foreign currency transaction losses (gains), net $ 1,656 $ 17,193 $ 23,922 $ 4,651 Debt extinguishment expense — 9,283 — 9,283 Other, net 348 (835 ) 431 (230 ) $ 2,004 $ 25,641 $ 24,353 $ 13,704

Derivative Instruments and He26

Derivative Instruments and Hedging Activities (Tables)	6 Months Ended
	Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	Net cash payments included in cash from operating activities related to settlements associated with foreign currency forward contracts for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Net cash payments $ 12,368 $ — $ 29,188 $ —
Fair value of derivative instruments, amount of (gain) loss recognized in income	osses for our derivative instruments for the three and six months ended June 30, 2015 and 2016 are as follows: Amount of (Gain) Loss Recognized in Three Months Ended June 30, Six Months Ended June 30, Derivatives Not Designated as Location of (Gain) Loss 2015 2016 2015 2016 Foreign exchange contracts Other expense (income), net $ (8,119 ) $ — $ 20,414 $ —
Foreign exchange gains related to currency translation adjustments	As a result, we recorded the following foreign exchange (losses) gains, net of tax, related to the change in fair value of such debt due to currency translation adjustments, which is a component of accumulated other comprehensive items, net: Three Months Ended Six Months Ended 2015 2016 2015 2016 Foreign exchange (losses) gains $ (1,464 ) $ 754 $ 3,466 $ (588 ) Less: Tax (benefit) expense on foreign exchange (losses) gains — — — — Foreign exchange (losses) gains, net of tax $ (1,464 ) $ 754 $ 3,466 $ (588 )

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Business Acquisition, Pro Forma Information	Three Months Ended Six Months Ended 2015 2016 2015 2016 Total Revenues $ 951,707 $ 948,494 $ 1,883,588 $ 1,885,211 Income (Loss) from Continuing Operations $ 64,920 $ 21,062 $ (28,291 ) $ 78,145 Per Share Income (Loss) from Continuing Operations - Basic $ 0.25 $ 0.08 $ (0.11 ) $ 0.30 Per Share Income (Loss) from Continuing Operations - Diluted $ 0.25 $ 0.08 $ (0.11 ) $ 0.30
Schedule of Business Acquisitions, by Acquisition	A summary of the cumulative consideration paid and the preliminary allocation of the purchase price paid for all of our 2016 acquisitions is as follows: Recall Other Fiscal 2016 Year Acquisitions (excluding Recall) Total Cash Paid (gross of cash acquired)(1) $ 331,834 $ 22,241 $ 354,075 Fair Value of Common Stock Issued 1,835,026 — 1,835,026 Fair Value of Noncontrolling Interests — — 3,506 3,506 Total Consideration 2,166,860 25,747 2,192,607 Fair Value of Identifiable Assets Acquired: Cash 76,773 567 77,340 Accounts Receivable and Prepaid Expenses 207,516 2,677 210,193 Fair Value of Divestments(2) 127,111 — 127,111 Other Assets 45,139 541 45,680 Property, Plant and Equipment(3) 708,439 8,565 717,004 Customer Relationship Intangible Assets(4) 730,056 10,614 740,670 Debt Assumed (789,567 ) — (789,567 ) Accounts Payable, Accrued Expenses and Other Liabilities (257,698 ) (8,338 ) (266,036 ) Deferred Income Taxes (192,515 ) (2,860 ) (195,375 ) Total Fair Value of Identifiable Net Assets Acquired 655,254 11,766 667,020 Goodwill Initially Recorded(5) $ 1,511,606 $ 13,981 $ 1,525,587 _______________________________________________________________________________ (1) Included in cash paid for acquisitions in the Consolidated Statement of Cash Flows for the six months ended June 30, 2016 is net cash acquired of $77,340 and cash received of $182 related to acquisitions made in previous years. (2) Represents the fair value, less costs to sell, of the Initial United States Divestments, the Seattle/Atlanta Divestments, the Recall Canadian Divestments and the UK Divestments. (3) Consists primarily of buildings, racking structures, leasehold improvements and computer hardware and software. These assets are depreciated using the straight-line method with the useful lives as noted in Note 2.f. to Notes to Consolidated Financial Statements included in our Annual Report. (4) The weighted average lives of customer relationship intangible assets associated with acquisitions in 2016 was 14 years , primarily related to the customer relationship intangible assets associated with the Recall Transaction. (5) The goodwill associated with Recall is primarily attributable to the assembled workforce, expanded market opportunities and costs and other operating synergies anticipated upon the integration of the operations of us and Recall. The revenues included in our Consolidated Statements of Operations for the three and six months ended June 30, 2016 related to Recall are as follows: Three Months Ended Six Months Ended Storage Rental $ 68,650 $ 68,650 Service 52,140 52,140 Total Revenues $ 120,790 $ 120,790

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Schedule of carrying amount and fair value of long-term debt instruments	Long-term debt is as follows: December 31, 2015 Debt Unamortized Deferred Financing Costs Carrying Amount Fair Revolving Credit Facility(1) $ 784,438 $ (9,410 ) $ 775,028 $ 784,438 Term Loan(1) 243,750 — 243,750 243,750 6% Senior Notes due 2020 (the "6% Notes due 2020")(2)(3)(4) 1,000,000 (16,124 ) 983,876 1,052,500 6 1 / 8 % CAD Senior Notes due 2021 (the "CAD Notes")(2)(5) 144,190 (1,924 ) 142,266 147,074 6 1 / 8 % GBP Senior Notes due 2022 (the "GBP Notes")(2)(4)(6) 592,140 (8,757 ) 583,383 606,944 6% Senior Notes due 2023 (the "6% Notes due 2023")(2)(3) 600,000 (8,420 ) 591,580 618,000 5 3 / 4 % Senior Subordinated Notes due 2024 (the "5 3 / 4 % Notes")(2)(3) 1,000,000 (11,902 ) 988,098 961,200 Real Estate Mortgages, Capital Leases and Other(7) 333,559 (1,070 ) 332,489 333,559 Accounts Receivable Securitization Program(8) 205,900 (692 ) 205,208 205,900 Total Long-term Debt 4,903,977 (58,299 ) 4,845,678 Less Current Portion (88,068 ) — (88,068 ) Long-term Debt, Net of Current Portion $ 4,815,909 $ (58,299 ) $ 4,757,610 June 30, 2016 Debt Unamortized Deferred Financing Costs Carrying Amount Fair Revolving Credit Facility(1) $ 1,350,534 $ (9,122 ) $ 1,341,412 $ 1,350,534 Term Loan(1) 237,500 — 237,500 237,500 6% Notes due 2020(2)(3)(4) 1,000,000 (14,427 ) 985,573 1,052,500 CAD Notes(2)(5) 154,353 (1,878 ) 152,475 158,598 4 3 / 8 % Senior Notes due 2021 (the "4 3 / 8 % Notes")(2)(3)(4) 500,000 (7,897 ) 492,103 501,875 GBP Notes(2)(4)(6) 535,664 (7,332 ) 528,332 535,664 6% Notes due 2023(2)(3) 600,000 (7,871 ) 592,129 632,250 5 3 / 4 % Notes(2)(3) 1,000,000 (11,216 ) 988,784 1,006,250 5 3 / 8 % Senior Notes due 2026 (the "5 3 / 8 % Notes")(2)(4)(9) 250,000 (3,978 ) 246,022 243,125 Real Estate Mortgages, Capital Leases and Other(7) 435,775 (1,300 ) 434,475 435,775 Accounts Receivable Securitization Program(8) 217,300 (538 ) 216,762 217,300 Total Long-term Debt 6,281,126 (65,559 ) 6,215,567 Less Current Portion (112,509 ) — (112,509 ) Long-term Debt, Net of Current Portion $ 6,168,617 $ (65,559 ) $ 6,103,058 ______________________________________________________________________________ (1) The capital stock or other equity interests of most of our United States subsidiaries, 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 ("Canada Company") 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 Canadian dollar subfacility under the Revolving Credit Facility (defined below). The fair value (Level 3 of fair value hierarchy described at Note 2.g.) 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, 2015 and June 30, 2016 , respectively. (2) The fair values (Level 1 of fair value hierarchy described at Note 2.g.) of these debt instruments are based on quoted market prices for these notes on December 31, 2015 and June 30, 2016 , respectively. (3) Collectively, the "Parent Notes." IMI is the direct obligor on the Parent Notes, which are fully and unconditionally guaranteed, on a senior or senior subordinated basis, as the case may be, by its direct and indirect 100% owned United States subsidiaries that represent the substantial majority of our United States operations (the "Guarantors"). These guarantees are joint and several obligations of the Guarantors. Canada Company, Iron Mountain Europe PLC ("IME"), the Special Purpose Subsidiaries (as defined below) and the remainder of our subsidiaries do not guarantee the Parent Notes. See Note 6. (4) The 6% Notes due 2020, the 4 3 / 8 % Notes, the GBP Notes and the 5 3 / 8 % Notes (collectively, 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. (5) Canada Company is the direct obligor on the CAD Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6. (6) IME is the direct obligor on the GBP Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6. (7) We believe the fair value (Level 3 of fair value hierarchy described at Note 2.g.) of this debt approximates its carrying value. (8) The Special Purpose Subsidiaries are the obligors under this program. We believe the fair value (Level 3 of fair value hierarchy described at Note 2.g.) of this debt approximates its carrying value. (9) Iron Mountain US Holdings, Inc. ("IM US Holdings"), a 100% owned subsidiary of IMI and one of the Guarantors, is the direct obligor on the 5 3 / 8 % Notes, which are fully and unconditionally guaranteed, on a senior basis, by IMI and the other Guarantors. These guarantees are joint and several obligations of IMI and the Guarantors. See Note 6.
Schedule of Leverage and Fixed Charge Ratios	Our leverage and fixed charge coverage ratios under the Credit Agreement as of December 31, 2015 and June 30, 2016, respectively, and our leverage ratio under our indentures as of December 31, 2015 and June 30, 2016, respectively, are as follows: December 31, 2015 June 30, 2016 Maximum/Minimum Allowable Net total lease adjusted leverage ratio 5.6 5.8 Maximum allowable of 6.5 Net secured debt lease adjusted leverage ratio 2.6 2.9 Maximum allowable of 4.0 Bond leverage ratio (not lease adjusted) 5.5 5.4 Maximum allowable of 6.5 Fixed charge coverage ratio 2.4 2.6 Minimum allowable of 1.5
Schedule of Line of Credit Facilities	Commitment fees and letters of credit fees, which are based on the unused balances under the Former Revolving Credit Facility, the Revolving Credit Facility and the Accounts Receivable Securitization Program (as defined below) for the three and six months ended June 30, 2015 and 2016 are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Commitment fees and letters of credit fees $ 991 $ 344 $ 1,858 $ 1,029

Selected Consolidated Financi29

Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors (Tables)	6 Months Ended
	Jun. 30, 2016
Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors
Schedule of selected consolidated Balance sheet statements of Parent, Guarantors, Canada Company and Non-Guarantors	CONSOLIDATED BALANCE SHEETS December 31, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 151 $ 6,472 $ 13,182 $ 108,576 $ — $ 128,381 Accounts receivable — 14,069 30,428 519,904 — 564,401 Intercompany receivable — 1,038,141 — — (1,038,141 ) — Other current assets 898 106,670 2,305 55,286 (29 ) 165,130 Total Current Assets 1,049 1,165,352 45,915 683,766 (1,038,170 ) 857,912 Property, Plant and Equipment, Net 661 1,600,886 137,100 758,511 — 2,497,158 Other Assets, Net: Long-term notes receivable from affiliates and intercompany receivable 3,255,049 1,869 — — (3,256,918 ) — Investment in subsidiaries 797,666 459,429 27,731 2,862 (1,287,688 ) — Goodwill — 1,618,593 152,975 589,410 — 2,360,978 Other 623 392,987 22,637 218,292 — 634,539 Total Other Assets, Net 4,053,338 2,472,878 203,343 810,564 (4,544,606 ) 2,995,517 Total Assets $ 4,055,048 $ 5,239,116 $ 386,358 $ 2,252,841 $ (5,582,776 ) $ 6,350,587 Liabilities and Equity Intercompany Payable $ 879,649 $ — $ 5,892 $ 152,600 $ (1,038,141 ) $ — Current Portion of Long-Term Debt — 41,159 — 46,938 (29 ) 88,068 Total Other Current Liabilities 56,740 454,924 26,804 215,295 — 753,763 Long-Term Debt, Net of Current Portion 2,608,818 674,190 284,798 1,189,804 — 4,757,610 Long-Term Notes Payable to Affiliates and Intercompany Payable 1,000 3,255,049 869 — (3,256,918 ) — Other Long-term Liabilities — 115,950 37,402 69,187 — 222,539 Commitments and Contingencies (See Note 8) Total Iron Mountain Incorporated Stockholders' Equity 508,841 697,844 30,593 559,251 (1,287,688 ) 508,841 Noncontrolling Interests — — — 19,766 — 19,766 Total Equity 508,841 697,844 30,593 579,017 (1,287,688 ) 528,607 Total Liabilities and Equity $ 4,055,048 $ 5,239,116 $ 386,358 $ 2,252,841 $ (5,582,776 ) $ 6,350,587 CONSOLIDATED BALANCE SHEETS (Continued) June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Assets Current Assets: Cash and cash equivalents $ 402 $ 11,026 $ 3,316 $ 222,245 $ — $ 236,989 Accounts receivable — 62,157 37,479 610,890 — 710,526 Intercompany receivable 878,096 351,042 — — (1,229,138 ) — Other current assets — 168,098 5,952 23,866 (29 ) 197,887 Assets held for sale (see Note 10) — 23,118 25,294 95,556 — 143,968 Total Current Assets 878,498 615,441 72,041 952,557 (1,229,167 ) 1,289,370 Property, Plant and Equipment, Net 572 1,785,370 159,880 1,250,426 — 3,196,248 Other Assets, Net: Long-term notes receivable from affiliates and intercompany receivable 3,609,376 1,000 — — (3,610,376 ) — Investment in subsidiaries 882,989 554,230 34,442 141,392 (1,613,053 ) — Goodwill — 2,445,469 235,715 1,158,906 — 3,840,090 Other — 787,825 55,886 571,635 — 1,415,346 Total Other Assets, Net 4,492,365 3,788,524 326,043 1,871,933 (5,223,429 ) 5,255,436 Total Assets $ 5,371,435 $ 6,189,335 $ 557,964 $ 4,074,916 $ (6,452,596 ) $ 9,741,054 Liabilities and Equity Intercompany Payable $ — $ — $ 1,389 $ 1,227,749 $ (1,229,138 ) $ — Current Portion of Long-Term Debt — 45,458 — 67,080 (29 ) 112,509 Total Other Current Liabilities 57,457 461,102 33,895 295,432 — 847,886 Liabilities held for sale (see Note 10) — — — 21,634 — 21,634 Long-Term Debt, Net of Current Portion 3,091,903 1,119,548 286,547 1,605,060 — 6,103,058 Long-Term Notes Payable to Affiliates and Intercompany Payable 1,000 3,609,376 — — (3,610,376 ) — Other Long-term Liabilities — 162,073 60,299 187,565 — 409,937 Commitments and Contingencies (See Note 8) Total Iron Mountain Incorporated Stockholders' Equity 2,221,075 791,778 175,834 645,441 (1,613,053 ) 2,221,075 Noncontrolling Interests — — — 24,955 — 24,955 Total Equity 2,221,075 791,778 175,834 670,396 (1,613,053 ) 2,246,030 Total Liabilities and Equity $ 5,371,435 $ 6,189,335 $ 557,964 $ 4,074,916 $ (6,452,596 ) $ 9,741,054
Schedule of selected consolidated Income statements of Parent, Guarantors, Canada Company and Non-Guarantors	CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) Three Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 305,913 $ 30,804 $ 124,492 $ — $ 461,209 Service — 189,268 16,108 93,149 — 298,525 Intercompany service — 1,055 — 22,126 (23,181 ) — Total Revenues — 496,236 46,912 239,767 (23,181 ) 759,734 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 196,080 6,642 123,561 — 326,283 Selling, general and administrative 24 149,051 3,795 63,015 — 215,885 Intercompany service charges — 6,400 15,726 1,055 (23,181 ) — Depreciation and amortization 45 56,360 3,165 27,979 — 87,549 Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net — 440 — 75 — 515 Total Operating Expenses 69 408,331 29,328 215,685 (23,181 ) 630,232 Operating (Loss) Income (69 ) 87,905 17,584 24,082 — 129,502 Interest Expense (Income), Net 39,222 (6,415 ) 8,342 24,938 — 66,087 Other Expense (Income), Net 1,127 3,139 (10 ) (2,252 ) — 2,004 (Loss) Income from Continuing Operations Before (Benefit) Provision for Income Taxes (40,418 ) 91,181 9,252 1,396 — 61,411 (Benefit) Provision for Income Taxes — (1,037 ) 4,796 3,645 — 7,404 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (93,748 ) (643 ) (874 ) (4,456 ) 99,721 — Net Income (Loss) 53,330 92,861 5,330 2,207 (99,721 ) 54,007 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 677 — 677 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 53,330 $ 92,861 $ 5,330 $ 1,530 $ (99,721 ) $ 53,330 Net Income (Loss) $ 53,330 $ 92,861 $ 5,330 $ 2,207 $ (99,721 ) $ 54,007 Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments (1,464 ) — 1,037 1,427 — 1,000 Equity in Other Comprehensive Income (Loss) of Subsidiaries 2,796 2,907 1,542 1,037 (8,282 ) — Total Other Comprehensive Income (Loss) 1,332 2,907 2,579 2,464 (8,282 ) 1,000 Comprehensive Income (Loss) 54,662 95,768 7,909 4,671 (108,003 ) 55,007 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 345 — 345 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 54,662 $ 95,768 $ 7,909 $ 4,326 $ (108,003 ) $ 54,662 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Three Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 329,672 $ 32,331 $ 176,679 $ — $ 538,682 Service — 199,349 16,907 128,810 — 345,066 Intercompany service — 1,013 — 19,903 (20,916 ) — Total Revenues — 530,034 49,238 325,392 (20,916 ) 883,748 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 216,871 6,929 171,849 — 395,649 Selling, general and administrative 521 191,193 4,595 80,768 — 277,077 Intercompany service charges — 3,809 16,094 1,013 (20,916 ) — Depreciation and amortization 44 67,666 3,962 43,350 — 115,022 (Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net — (839 ) — 213 — (626 ) Total Operating Expenses 565 478,700 31,580 297,193 (20,916 ) 787,122 Operating (Loss) Income (565 ) 51,334 17,658 28,199 — 96,626 Interest Expense (Income), Net 28,069 (6,064 ) 11,348 41,513 — 74,866 Other Expense (Income), Net 50,845 761 64 (26,029 ) — 25,641 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (79,479 ) 56,637 6,246 12,715 — (3,881 ) Provision (Benefit) for Income Taxes — 7,813 2,174 852 — 10,839 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (65,511 ) (31,766 ) (1,315 ) (4,707 ) 103,299 — (Loss) Income from Continuing Operations (13,968 ) 80,590 5,387 16,570 (103,299 ) (14,720 ) Income (Loss) from Discontinued Operations — 890 635 62 — 1,587 Net (Loss) Income (13,968 ) 81,480 6,022 16,632 (103,299 ) (13,133 ) Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 835 — 835 Net (Loss) Income Attributable to Iron Mountain Incorporated $ (13,968 ) $ 81,480 $ 6,022 $ 15,797 $ (103,299 ) $ (13,968 ) Net (Loss) Income $ (13,968 ) $ 81,480 $ 6,022 $ 16,632 $ (103,299 ) $ (13,133 ) Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments 754 — (4,894 ) 6,929 — 2,789 Equity in Other Comprehensive Income (Loss) of Subsidiaries 2,117 (2,569 ) (48 ) (4,894 ) 5,394 — Total Other Comprehensive Income (Loss) 2,871 (2,569 ) (4,942 ) 2,035 5,394 2,789 Comprehensive (Loss) Income (11,097 ) 78,911 1,080 18,667 (97,905 ) (10,344 ) Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 753 — 753 Comprehensive (Loss) Income Attributable to Iron Mountain Incorporated $ (11,097 ) $ 78,911 $ 1,080 $ 17,914 $ (97,905 ) $ (11,097 ) CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 610,505 $ 61,672 $ 247,904 $ — $ 920,081 Service — 370,133 32,665 186,141 — 588,939 Intercompany service — 1,407 — 38,545 (39,952 ) — Total Revenues — 982,045 94,337 472,590 (39,952 ) 1,509,020 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 392,741 13,807 241,389 — 647,937 Selling, general and administrative 97 281,243 7,962 122,997 — 412,299 Intercompany service charges — 6,400 32,145 1,407 (39,952 ) — Depreciation and amortization 91 111,763 6,217 55,429 — 173,500 Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net — 762 — 86 — 848 Total Operating Expenses 188 792,909 60,131 421,308 (39,952 ) 1,234,584 Operating (Loss) Income (188 ) 189,136 34,206 51,282 — 274,436 Interest Expense (Income), Net 78,392 (13,092 ) 16,545 49,140 — 130,985 Other (Income) Expense, Net (911 ) 4,522 (137 ) 20,879 — 24,353 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (77,669 ) 197,706 17,798 (18,737 ) — 119,098 Provision (Benefit) for Income Taxes — 8,665 7,859 6,828 — 23,352 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (172,095 ) 18,097 (1,933 ) (9,939 ) 165,870 — Net Income (Loss) 94,426 170,944 11,872 (15,626 ) (165,870 ) 95,746 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,320 — 1,320 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 94,426 $ 170,944 $ 11,872 $ (16,946 ) $ (165,870 ) $ 94,426 Net Income (Loss) $ 94,426 $ 170,944 $ 11,872 $ (15,626 ) $ (165,870 ) $ 95,746 Other Comprehensive (Loss) Income: Foreign Currency Translation Adjustments 3,466 — (6,903 ) (51,738 ) — (55,175 ) Market Value Adjustments for Securities — 23 — — — 23 Equity in Other Comprehensive (Loss) Income of Subsidiaries (58,185 ) (57,989 ) (1,465 ) (6,903 ) 124,542 — Total Other Comprehensive (Loss) Income (54,719 ) (57,966 ) (8,368 ) (58,641 ) 124,542 (55,152 ) Comprehensive Income (Loss) 39,707 112,978 3,504 (74,267 ) (41,328 ) 40,594 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 887 — 887 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 39,707 $ 112,978 $ 3,504 $ (75,154 ) $ (41,328 ) $ 39,707 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 638,669 $ 59,936 $ 301,288 $ — $ 999,893 Service — 384,656 31,549 218,340 — 634,545 Intercompany service — 2,026 — 37,248 (39,274 ) — Total Revenues — 1,025,351 91,485 556,876 (39,274 ) 1,634,438 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 419,409 13,719 288,626 — 721,754 Selling, general and administrative 593 339,826 7,968 136,456 — 484,843 Intercompany service charges — 7,163 30,085 2,026 (39,274 ) — Depreciation and amortization 89 123,919 7,041 71,177 — 202,226 (Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net — (1,409 ) 6 326 — (1,077 ) Total Operating Expenses 682 888,908 58,819 498,611 (39,274 ) 1,407,746 Operating (Loss) Income (682 ) 136,443 32,666 58,265 — 226,692 Interest Expense (Income), Net 68,053 (14,594 ) 21,382 67,087 — 141,928 Other Expense (Income), Net 51,731 4,243 44 (42,314 ) — 13,704 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (120,466 ) 146,794 11,240 33,492 — 71,060 Provision (Benefit) for Income Taxes — 16,673 4,040 2,026 — 22,739 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (169,272 ) (54,696 ) (2,686 ) (7,835 ) 234,489 — Income (Loss) from Continuing Operations 48,806 184,817 9,886 39,301 (234,489 ) 48,321 Income (Loss) from Discontinued Operations — 890 635 62 — 1,587 Net Income (Loss) 48,806 185,707 10,521 39,363 (234,489 ) 49,908 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,102 — 1,102 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 48,806 $ 185,707 $ 10,521 $ 38,261 $ (234,489 ) $ 48,806 Net Income (Loss) $ 48,806 $ 185,707 $ 10,521 $ 39,363 $ (234,489 ) $ 49,908 Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments (588 ) — (3,105 ) 30,460 — 26,767 Market Value Adjustments for Securities — (734 ) — — — (734 ) Equity in Other Comprehensive Income (Loss) of Subsidiaries 26,216 21,530 613 (3,105 ) (45,254 ) — Total Other Comprehensive Income (Loss) 25,628 20,796 (2,492 ) 27,355 (45,254 ) 26,033 Comprehensive Income (Loss) 74,434 206,503 8,029 66,718 (279,743 ) 75,941 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 1,507 — 1,507 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 74,434 $ 206,503 $ 8,029 $ 65,211 $ (279,743 ) $ 74,434
Schedule of selected consolidated cash flow statements of Parent, Guarantors, Canada Company and Non-Guarantors	CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 610,505 $ 61,672 $ 247,904 $ — $ 920,081 Service — 370,133 32,665 186,141 — 588,939 Intercompany service — 1,407 — 38,545 (39,952 ) — Total Revenues — 982,045 94,337 472,590 (39,952 ) 1,509,020 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 392,741 13,807 241,389 — 647,937 Selling, general and administrative 97 281,243 7,962 122,997 — 412,299 Intercompany service charges — 6,400 32,145 1,407 (39,952 ) — Depreciation and amortization 91 111,763 6,217 55,429 — 173,500 Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net — 762 — 86 — 848 Total Operating Expenses 188 792,909 60,131 421,308 (39,952 ) 1,234,584 Operating (Loss) Income (188 ) 189,136 34,206 51,282 — 274,436 Interest Expense (Income), Net 78,392 (13,092 ) 16,545 49,140 — 130,985 Other (Income) Expense, Net (911 ) 4,522 (137 ) 20,879 — 24,353 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (77,669 ) 197,706 17,798 (18,737 ) — 119,098 Provision (Benefit) for Income Taxes — 8,665 7,859 6,828 — 23,352 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (172,095 ) 18,097 (1,933 ) (9,939 ) 165,870 — Net Income (Loss) 94,426 170,944 11,872 (15,626 ) (165,870 ) 95,746 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,320 — 1,320 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 94,426 $ 170,944 $ 11,872 $ (16,946 ) $ (165,870 ) $ 94,426 Net Income (Loss) $ 94,426 $ 170,944 $ 11,872 $ (15,626 ) $ (165,870 ) $ 95,746 Other Comprehensive (Loss) Income: Foreign Currency Translation Adjustments 3,466 — (6,903 ) (51,738 ) — (55,175 ) Market Value Adjustments for Securities — 23 — — — 23 Equity in Other Comprehensive (Loss) Income of Subsidiaries (58,185 ) (57,989 ) (1,465 ) (6,903 ) 124,542 — Total Other Comprehensive (Loss) Income (54,719 ) (57,966 ) (8,368 ) (58,641 ) 124,542 (55,152 ) Comprehensive Income (Loss) 39,707 112,978 3,504 (74,267 ) (41,328 ) 40,594 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 887 — 887 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 39,707 $ 112,978 $ 3,504 $ (75,154 ) $ (41,328 ) $ 39,707 CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Continued) Six Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Revenues: Storage rental $ — $ 638,669 $ 59,936 $ 301,288 $ — $ 999,893 Service — 384,656 31,549 218,340 — 634,545 Intercompany service — 2,026 — 37,248 (39,274 ) — Total Revenues — 1,025,351 91,485 556,876 (39,274 ) 1,634,438 Operating Expenses: Cost of sales (excluding depreciation and amortization) — 419,409 13,719 288,626 — 721,754 Selling, general and administrative 593 339,826 7,968 136,456 — 484,843 Intercompany service charges — 7,163 30,085 2,026 (39,274 ) — Depreciation and amortization 89 123,919 7,041 71,177 — 202,226 (Gain) Loss on disposal/write-down of property, plant and equipment (excluding real estate), net — (1,409 ) 6 326 — (1,077 ) Total Operating Expenses 682 888,908 58,819 498,611 (39,274 ) 1,407,746 Operating (Loss) Income (682 ) 136,443 32,666 58,265 — 226,692 Interest Expense (Income), Net 68,053 (14,594 ) 21,382 67,087 — 141,928 Other Expense (Income), Net 51,731 4,243 44 (42,314 ) — 13,704 (Loss) Income from Continuing Operations Before Provision (Benefit) for Income Taxes (120,466 ) 146,794 11,240 33,492 — 71,060 Provision (Benefit) for Income Taxes — 16,673 4,040 2,026 — 22,739 Equity in the (Earnings) Losses of Subsidiaries, Net of Tax (169,272 ) (54,696 ) (2,686 ) (7,835 ) 234,489 — Income (Loss) from Continuing Operations 48,806 184,817 9,886 39,301 (234,489 ) 48,321 Income (Loss) from Discontinued Operations — 890 635 62 — 1,587 Net Income (Loss) 48,806 185,707 10,521 39,363 (234,489 ) 49,908 Less: Net Income (Loss) Attributable to Noncontrolling Interests — — — 1,102 — 1,102 Net Income (Loss) Attributable to Iron Mountain Incorporated $ 48,806 $ 185,707 $ 10,521 $ 38,261 $ (234,489 ) $ 48,806 Net Income (Loss) $ 48,806 $ 185,707 $ 10,521 $ 39,363 $ (234,489 ) $ 49,908 Other Comprehensive Income (Loss): Foreign Currency Translation Adjustments (588 ) — (3,105 ) 30,460 — 26,767 Market Value Adjustments for Securities — (734 ) — — — (734 ) Equity in Other Comprehensive Income (Loss) of Subsidiaries 26,216 21,530 613 (3,105 ) (45,254 ) — Total Other Comprehensive Income (Loss) 25,628 20,796 (2,492 ) 27,355 (45,254 ) 26,033 Comprehensive Income (Loss) 74,434 206,503 8,029 66,718 (279,743 ) 75,941 Comprehensive Income (Loss) Attributable to Noncontrolling Interests — — — 1,507 — 1,507 Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated $ 74,434 $ 206,503 $ 8,029 $ 65,211 $ (279,743 ) $ 74,434 CONSOLIDATED STATEMENTS OF CASH FLOWS Six Months Ended June 30, 2015 Parent Guarantors Canada Non- Eliminations Consolidated Cash Flows from Operating Activities: Cash Flows from Operating Activities $ (77,187 ) $ 203,751 $ 13,218 $ 39,956 $ — $ 179,738 Cash Flows from Investing Activities: Capital expenditures — (86,883 ) (8,914 ) (43,559 ) — (139,356 ) Cash paid for acquisitions, net of cash acquired — (5,736 ) (5,399 ) (10,579 ) — (21,714 ) Intercompany loans to subsidiaries 245,945 172,666 — — (418,611 ) — Investment in subsidiaries (10,000 ) (10,000 ) — — 20,000 — Decrease in restricted cash 33,860 — — — — 33,860 Acquisitions of customer relationships and customer inducements — (20,247 ) (690 ) (3,270 ) — (24,207 ) Proceeds from sales of property and equipment and other, net (including real estate) — 327 6 472 — 805 Cash Flows from Investing Activities 269,805 50,127 (14,997 ) (56,936 ) (398,611 ) (150,612 ) Cash Flows from Financing Activities: Repayment of revolving credit and term loan facilities and other debt — (3,640,841 ) (331,819 ) (942,385 ) — (4,915,045 ) Proceeds from revolving credit and term loan facilities and other debt — 3,616,000 334,633 1,124,402 — 5,075,035 Debt (repayment to) financing from and equity (distribution to) contribution from noncontrolling interests, net — — — (830 ) — (830 ) Intercompany loans from parent — (240,118 ) 877 (179,370 ) 418,611 — Equity contribution from parent — 10,000 — 10,000 (20,000 ) — Parent cash dividends (203,229 ) — — — — (203,229 ) Net proceeds (payments) associated with employee stock-based awards 9,454 — — — — 9,454 Excess tax benefit (deficiency) from stock-based compensation 260 — — — — 260 Payment of debt financing and stock issuance costs (29 ) (110 ) — (975 ) — (1,114 ) Cash Flows from Financing Activities (193,544 ) (255,069 ) 3,691 10,842 398,611 (35,469 ) Effect of exchange rates on cash and cash equivalents — (67 ) (14 ) (2,411 ) — (2,492 ) (Decrease) Increase in cash and cash equivalents (926 ) (1,258 ) 1,898 (8,549 ) — (8,835 ) Cash and cash equivalents, beginning of period 2,399 4,713 4,979 113,842 — 125,933 Cash and cash equivalents, end of period $ 1,473 $ 3,455 $ 6,877 $ 105,293 $ — $ 117,098 CONSOLIDATED STATEMENTS OF CASH FLOWS (Continued) Six Months Ended June 30, 2016 Parent Guarantors Canada Non- Eliminations Consolidated Cash Flows from Operating Activities: Cash Flows from Operating Activities—Continuing Operations $ (107,370 ) $ 203,070 $ 23,827 $ 86,078 $ — $ 205,605 Cash Flows from Operating Activities—Discontinued Operations — 393 690 62 — 1,145 Cash Flows from Operating Activities (107,370 ) 203,463 24,517 86,140 — 206,750 Cash Flows from Investing Activities: Capital expenditures — (97,647 ) (1,048 ) (64,970 ) — (163,665 ) Cash paid for acquisitions, net of cash acquired — 4,074 (2,381 ) (278,246 ) — (276,553 ) Intercompany loans to subsidiaries (148,811 ) (265,060 ) — — 413,871 — Investment in subsidiaries (1,585 ) (1,585 ) — — 3,170 — Acquisitions of customer relationships and customer inducements — (13,492 ) — (3,254 ) — (16,746 ) Net proceeds from divestments (see Note 10) — 53,950 — — — 53,950 Proceeds from sales of property and equipment and other, net (including real estate) — 92 — 279 — 371 Cash Flows from Investing Activities—Continuing Operations (150,396 ) (319,668 ) (3,429 ) (346,191 ) 417,041 (402,643 ) Cash Flows from Investing Activities—Discontinued Operations — — 90 — — 90 Cash Flows from Investing Activities (150,396 ) (319,668 ) (3,339 ) (346,191 ) 417,041 (402,553 ) Cash Flows from Financing Activities: Repayment of revolving credit, term loan and bridge facilities and other debt (1,096,706 ) (3,554,881 ) (861,740 ) (1,873,787 ) — (7,387,114 ) Proceeds from revolving credit, term loan and bridge facilities and other debt 1,083,681 3,285,396 843,281 1,974,447 — 7,186,805 Net proceeds from sales of senior notes 492,500 246,250 — — — 738,750 Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net — — — 456 — 456 Intercompany loans from parent — 146,909 (14,427 ) 281,389 (413,871 ) — Equity contribution from parent — 1,585 — 1,585 (3,170 ) — Parent cash dividends (232,596 ) — — — — (232,596 ) Net proceeds (payments) associated with employee stock-based awards 18,641 — — — — 18,641 Excess tax benefit (deficiency) from stock-based compensation 29 — — — — 29 Payment of debt financing and stock issuance costs (7,532 ) (4,500 ) — — — (12,032 ) Cash Flows from Financing Activities—Continuing Operations 258,017 120,759 (32,886 ) 384,090 (417,041 ) 312,939 Cash Flows from Financing Activities—Discontinued Operations — — — — — — Cash Flows from Financing Activities 258,017 120,759 (32,886 ) 384,090 (417,041 ) 312,939 Effect of exchange rates on cash and cash equivalents — — 1,842 (10,370 ) — (8,528 ) Increase (Decrease) in cash and cash equivalents 251 4,554 (9,866 ) 113,669 — 108,608 Cash and cash equivalents, beginning of period 151 6,472 13,182 108,576 — 128,381 Cash and cash equivalents, end of period $ 402 $ 11,026 $ 3,316 $ 222,245 $ — $ 236,989

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2016
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: North American North American Western European Business Other International Business Corporate Business Total For the Three Months Ended June 30, 2015 Total Revenues $ 448,887 $ 99,600 $ 98,269 $ 108,313 $ 4,665 $ 759,734 Depreciation and Amortization 46,293 5,498 11,615 14,731 9,412 87,549 Depreciation 41,335 5,300 10,131 10,141 9,317 76,224 Amortization 4,958 198 1,484 4,590 95 11,325 Adjusted OIBDA 176,787 50,622 27,325 20,620 (52,126 ) 223,228 Expenditures for Segment Assets 44,467 9,039 4,950 20,754 15,617 94,827 Capital Expenditures 30,929 2,039 4,140 14,254 13,218 64,580 Cash Paid (Received) for Acquisitions, Net of Cash Acquired 8,178 — (309 ) 5,015 2,399 15,283 Acquisitions of Customer Relationships and Customer Inducements 5,360 7,000 1,119 1,485 — 14,964 For the Three Months Ended June 30, 2016 Total Revenues 481,470 103,270 118,198 165,669 15,141 883,748 Depreciation and Amortization 57,465 6,077 15,069 25,897 10,514 115,022 Depreciation 47,867 5,832 11,698 18,323 9,810 93,530 Amortization 9,598 245 3,371 7,574 704 21,492 Adjusted OIBDA 189,138 57,081 33,273 41,931 (59,989 ) 261,434 Expenditures for Segment Assets 19,872 3,750 (1,158 ) 281,589 45,461 349,514 Capital Expenditures 14,734 2,302 5,978 15,380 44,419 82,813 Cash (Received) Paid for Acquisitions, Net of Cash Acquired (2,546 ) (59 ) (7,103 ) 265,879 1,042 257,213 Acquisitions of Customer Relationships and Customer Inducements 7,684 1,507 (33 ) 330 — 9,488 As of and for the Six Months Ended June 30, 2015 Total Revenues 891,574 196,835 197,334 214,051 9,226 1,509,020 Depreciation and Amortization 91,596 10,842 22,896 29,154 19,012 173,500 Depreciation 81,671 10,584 19,959 19,931 18,870 151,015 Amortization 9,925 258 2,937 9,223 142 22,485 Adjusted OIBDA 358,267 101,910 56,357 41,876 (103,964 ) 454,446 Total Assets (1)(2) 3,632,747 652,212 913,199 952,146 228,446 6,378,750 Expenditures for Segment Assets 86,842 13,988 12,538 43,302 28,607 185,277 Capital Expenditures 64,109 6,946 8,550 33,543 26,208 139,356 Cash Paid (Received) for Acquisitions, Net of Cash Acquired 8,778 (21 ) 2,510 8,048 2,399 21,714 Acquisitions of Customer Relationships and Customer Inducements 13,955 7,063 1,478 1,711 — 24,207 As of and for the Six Months Ended June 30, 2016 Total Revenues 926,151 199,613 212,074 267,010 29,590 1,634,438 Depreciation and Amortization 102,815 11,747 26,320 40,183 21,161 202,226 Depreciation 88,122 11,254 20,369 29,225 19,950 168,920 Amortization 14,693 493 5,951 10,958 1,211 33,306 Adjusted OIBDA 365,695 110,541 65,219 63,507 (108,382 ) 496,580 Total Assets (1) 5,202,917 786,019 1,172,297 2,085,246 494,575 9,741,054 Expenditures for Segment Assets 66,538 8,577 4,902 313,745 63,202 456,964 Capital Expenditures 56,822 7,129 10,037 27,542 62,135 163,665 Cash (Received) Paid for Acquisitions, Net of Cash Acquired (2,676 ) (59 ) (7,103 ) 285,349 1,042 276,553 Acquisitions of Customer Relationships and Customer Inducements 12,392 1,507 1,968 854 25 16,746 ______________________________________________________________________________ (1) Excludes all intercompany receivables or payables and investment in subsidiary balances. (2) During the fourth quarter of 2015, we adopted ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs (“ASU 2015-03”). ASU 2015-03 requires debt issuance costs to be presented in the balance sheet as a reduction of the related debt liability rather than an asset. Total assets as of June 30, 2015 for the Western European Business, Other International Business and Corporate and Other Business segments have been reduced by $9,907 , $788 , and $33,132 , respectively, to reflect the adoption of ASU 2015-03.
Schedule of reconciliation of Adjusted OIBDA to income from continuing operations before provision (benefit) for income taxes on a consolidated basis	A reconciliation of Adjusted OIBDA to income (loss) from continuing operations before provision (benefit) for income taxes is as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Adjusted OIBDA $ 223,228 $ 261,434 $ 454,446 $ 496,580 Less: Depreciation and Amortization 87,549 115,022 173,500 202,226 Loss (Gain) on Disposal/Write-Down of Property, Plant and Equipment (Excluding Real Estate), Net 515 (626 ) 848 (1,077 ) Recall Costs(1) 5,662 50,412 5,662 68,739 Interest Expense, Net 66,087 74,866 130,985 141,928 Other Expense (Income), Net 2,004 25,641 24,353 13,704 Income (Loss) from Continuing Operations before Provision (Benefit) for Income Taxes $ 61,411 $ (3,881 ) $ 119,098 $ 71,060 _______________________________________________________________________________ (1) Includes operating expenditures associated with our acquisition of Recall, including operating expenditures to complete the Recall Transaction, including advisory and professional fees and costs to complete the Divestments required in connection with receipt of regulatory approval and to provide transitional services required to support the divested businesses during a transition period ("Recall Deal Close & Divestment Costs"), as well as operating expenditures to integrate Recall with our existing operations, including moving, severance, facility upgrade, REIT conversion and system upgrade costs ("Recall Integration Costs" and, collectively with Recall Deal Close & Divestment Costs, "Recall Costs").

Stockholders' Equity Matters (T

Stockholders' Equity Matters (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Schedule of dividend declared and payments	In fiscal year 2015 and in the first six months of 2016 , our board of directors declared the following dividends: Declaration Date Dividend Record Date Total Payment Date February 19, 2015 $ 0.4750 March 6, 2015 $ 99,795 March 20, 2015 May 28, 2015 0.4750 June 12, 2015 100,119 June 26, 2015 August 27, 2015 0.4750 September 11, 2015 100,213 September 30, 2015 October 29, 2015 0.4850 December 1, 2015 102,438 December 15, 2015 February 18, 2016 0.4850 March 7, 2016 102,651 March 21, 2016 May 25, 2016 0.4850 June 6, 2016 127,469 June 24, 2016

Divestments (Tables)

Divestments (Tables)	6 Months Ended
	Jun. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	Our assets and liabilities held for sale as of June 30, 2016 are comprised of the following: Description Seattle/Atlanta Divestments Australia Divestment Business Recall Canadian Divestments Iron Mountain Canadian Divestments UK Divestments Total Assets held for sale: Accounts receivable $ — $ 8,957 $ — $ — $ — $ 8,957 Deferred income taxes — 1,388 — — — 1,388 Prepaid expenses and other — 582 — — — 582 Property, plant and equipment, net — 23,952 — 1,666 — 25,618 Goodwill — 40,089 — 3,332 — 43,421 Estimated fair value of assets held for sale, less costs to sell 23,118 — 20,333 — 5,433 48,884 Customer relationships and customer inducements — 14,627 — — — 14,627 Other — 491 — — — 491 $ 23,118 $ 90,086 $ 20,333 $ 4,998 $ 5,433 $ 143,968 Liabilities held for sale: Accounts payable $ — $ 1,484 $ — $ — $ — $ 1,484 Accrued expenses — 5,318 — — — 5,318 Deferred revenue — 1,712 — — — 1,712 Other long-term liabilities — 8,726 — — — 8,726 Deferred rent — 2,621 — — — 2,621 Other — — — — 1,773 1,773 $ — $ 19,861 $ — $ — $ 1,773 $ 21,634 The table below summarizes certain results of operations of the Recall Divestments: Three Months Ended June 30, 2016 Description Initial United States Divestments(1) Seattle/Atlanta Divestments Recall Canadian Divestments UK Divestments Total Total Revenues $ — $ 1,810 $ 1,888 $ 311 $ 4,009 Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes — 934 867 75 1,876 Provision (Benefit) for Income Taxes — 44 232 13 289 Income (Loss) from Discontinued Operations, Net of Tax $ — $ 890 $ 635 $ 62 $ 1,587 Six Months Ended June 30, 2016 Description Initial Seattle/Atlanta Divestments Recall Canadian Divestments UK Divestments Total Total Revenues $ — $ 1,810 $ 1,888 $ 311 $ 4,009 Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes — 934 867 75 1,876 Provision (Benefit) for Income Taxes — 44 232 13 289 Income (Loss) from Discontinued Operations, Net of Tax $ — $ 890 $ 635 $ 62 $ 1,587 ______________________________________________________________________________ (1) The Access Sale occurred nearly simultaneously with the closing of the Recall Transaction. Accordingly, the revenue and expenses associated with the Initial United States Divestments are not included in our Consolidated Statements of Operations for the three and six months ended June 30, 2016, respectively, and the cash flows associated with the Initial United States Divestments are not included in our Consolidated Statement of Cash Flows for the six months ended June 30, 2016, due to the immaterial nature of the revenues, expenses and cash flows related to the Initial United States Divestments for the period of time we owned these businesses (May 2, 2016 through May 4, 2016).

Transformation Initiative Trans

Transformation Initiative Transformation Initiative (Tables)	6 Months Ended
	Jun. 30, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	Costs included in the accompanying Consolidated Statements of Operations associated with the Transformation Initiative are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ — $ — $ — Selling, general and administrative expenses — 76 — 5,819 Total $ — $ 76 $ — $ 5,819
Restructuring Costs Recorded By Segment [Table Text Block]	Costs recorded by segment associated with the Transformation Initiative are as follows: Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ — $ — $ 2,289 North American Data Management Business — — — 395 Western European Business — — — 204 Other International Business — — — — Corporate and Other Business — 76 — 2,931 Total $ — $ 76 $ — $ 5,819

Recall Costs (Tables)

Recall Costs (Tables)	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Acquisition costs Included in Statement of Operations	Recall Costs included in the accompanying Consolidated Statements of Operations are as follows: Recall Deal Close & Divestment Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ — $ — $ — Selling, general and administrative expenses 5,662 24,716 5,662 32,077 Total Recall Deal Close & Divestment Costs $ 5,662 $ 24,716 $ 5,662 $ 32,077 Recall Integration Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 Cost of sales (excluding depreciation and amortization) $ — $ 331 $ — $ 331 Selling, general and administrative expenses — 25,365 — 36,331 Total Recall Integration Costs $ — $ 25,696 $ — $ 36,662 Total Recall Costs $ 5,662 $ 50,412 $ 5,662 $ 68,739 Recall Costs included in the accompanying Consolidated Statements of Operations by segment are as follows: Recall Deal Close & Divestment Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ — $ — $ — North American Data Management Business — — — — Western European Business — — — — Other International Business — — — — Corporate and Other Business 5,662 24,716 5,662 32,077 Total Recall Deal Close & Divestment Costs $ 5,662 $ 24,716 $ 5,662 $ 32,077 Recall Integration Costs Three Months Ended Six Months Ended 2015 2016 2015 2016 North American Records and Information Management Business $ — $ 2,794 $ — $ 2,833 North American Data Management Business — 517 — 517 Western European Business — 3,913 — 4,130 Other International Business — 5,517 — 5,948 Corporate and Other Business — 12,955 — 23,234 Total Recall Integration Costs $ — $ 25,696 $ — $ 36,662 Total Recall Costs ` $ 5,662 $ 50,412 $ 5,662 $ 68,739

General (Details)

General (Details) - USD ($) $ / shares in Units, $ in Thousands	May 02, 2016	Jun. 30, 2016	Apr. 29, 2016
Business Acquisition [Line Items]
Cash consideration		$ 354,075
Consideration transferred		2,192,607
Recall
Business Acquisition [Line Items]
Cash consideration	$ 331,800	331,834
Price per outstanding share			$ 36.53
Consideration transferred	$ 2,166,900	$ 2,166,860
Recall | Common Stock
Business Acquisition [Line Items]
Acquisition, shares of common stock issued	50,233,412	50,233,412

Summary of Significant Accoun36

Summary of Significant Accounting Policies - (Gain) Loss on Foreign Currency Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accounting Policies [Abstract]
Total loss on foreign currency transactions	$ 17,193	$ 1,656	$ 4,651	$ 23,922

Summary of Significant Accoun37

Summary of Significant Accounting Policies - Goodwill (Details) - USD ($) $ in Thousands	Oct. 01, 2015	Jun. 30, 2016
Goodwill
Goodwill impairment charge	$ 0
Minimum | Initial Costs For Transport Of Boxes [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		1 year
Minimum | Customer Relationships Current Record Management Vendor Or Payments To Customers [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		1 year
Minimum | Other Intangible Assets [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		5 years
Minimum | Customer Relationships [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		10 years
Maximum | Initial Costs For Transport Of Boxes [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		30 years
Maximum | Customer Relationships Current Record Management Vendor Or Payments To Customers [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		15 years
Maximum | Other Intangible Assets [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		10 years
Maximum | Customer Relationships [Member]
Goodwill
Finite-Lived Intangible Asset, Useful Life		30 years

Summary of Significant Accoun38

Summary of Significant Accounting Policies - Schedule of Carrying Value of Goodwill, by Reporting Unit (Details) - USD ($) $ in Thousands	Oct. 01, 2015	Jun. 30, 2016	Dec. 31, 2015
Goodwill
Goodwill, Impairment Loss	$ 0
Goodwill		$ 3,840,090	$ 2,360,978
North American Records and Information Management business
Goodwill
Goodwill		2,232,379	1,415,744
North American Records and Information Management business | North American Records And Information Management
Goodwill
Goodwill		2,081,192	1,342,723
North American Records and Information Management business | North American Secure Shredding
Goodwill
Goodwill		151,187	73,021
North American Data Management Business
Goodwill
Goodwill		503,913	369,907
Corporate and Other
Goodwill
Goodwill		27,547	26,186
Corporate and Other | Adjacent Businesses - Data Centers
Goodwill
Goodwill		0	0
Corporate and Other | Adjacent Businesses - Consumer Storage [Member]
Goodwill
Goodwill		4,636	4,636
Corporate and Other | Adjacent Businesses - Fine Arts [Member]
Goodwill
Goodwill		22,911	21,550
Western European Business
Goodwill
Goodwill		453,302	323,644
Western European Business | United Kingdom, Ireland, Norway [Member]
Goodwill
Goodwill			260,202
Western European Business | UKI
Goodwill
Goodwill		337,012
Western European Business | Continental Western Europe
Goodwill
Goodwill		116,290	63,442
Other International Business | Emerging Markets - Eastern Europe
Goodwill
Goodwill		138,021
Other International Business | Latin America
Goodwill
Goodwill		141,145	78,537
Other International Business | Australia and New Zealand
Goodwill
Goodwill		150,727
Other International Business | Southeast Asia
Goodwill
Goodwill		174,802
Other International Business | Emerging Markets - Europe [Member]
Goodwill
Goodwill			87,378
Other International Business | Australia Singapore [Member]
Goodwill
Goodwill			47,786
Other International Business | Greater China [Member]
Goodwill
Goodwill			5,683
Other International Business | INDIA
Goodwill
Goodwill			$ 6,113
Other International Business | Africa, India [Member]
Goodwill
Goodwill		$ 18,254

Summary of Significant Accoun39

Summary of Significant Accounting Policies - Schedule of Changes in Carrying Value of Goodwill, by Reportable Operating Segment (Details) - USD ($) $ in Thousands	Oct. 01, 2015	Jun. 30, 2016
Goodwill
Goodwill, Impairment Loss	$ 0
Business Acquisition, Goodwill, Expected Tax Deductible Amount		$ 0
Gross amount of goodwill [Roll Forward]
Beginning balance		2,676,992
Non-deductible goodwill acquired during the year		1,525,587
Goodwill reclassified as assets held for sale		(43,421)
Fair value and other adjustments		474
Currency effects		(3,621)
Ending balance		4,156,011
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		316,014
Currency effects		(93)
Accumulated amortization. ending balance		315,921
Net goodwill, beginning balance		2,360,978
Net goodwill, ending balance		3,840,090
Accumulated goodwill impairment, beginning balance		132,409
Accumulated goodwill impairment, ending balance		132,409
Fair value and other adjustments related to property, plant and equipment and customer relationships		656
Cash received related to prior year acquisitions		182
North American Records and Information Management Business
Goodwill
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0
Gross amount of goodwill [Roll Forward]
Beginning balance		1,620,425
Non-deductible goodwill acquired during the year		812,945
Goodwill reclassified as assets held for sale		(3,332)
Fair value and other adjustments		(157)
Currency effects		7,649
Ending balance		2,437,530
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		204,681
Currency effects		470
Accumulated amortization. ending balance		205,151
Net goodwill, beginning balance		1,415,744
Net goodwill, ending balance		2,232,379
Accumulated goodwill impairment, beginning balance		85,909
Accumulated goodwill impairment, ending balance		85,909
North American Data Management Business
Goodwill
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0
Gross amount of goodwill [Roll Forward]
Beginning balance		423,606
Non-deductible goodwill acquired during the year		132,251
Goodwill reclassified as assets held for sale		0
Fair value and other adjustments		0
Currency effects		1,873
Ending balance		557,730
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		53,699
Currency effects		118
Accumulated amortization. ending balance		53,817
Net goodwill, beginning balance		369,907
Net goodwill, ending balance		503,913
Accumulated goodwill impairment, beginning balance		0
Accumulated goodwill impairment, ending balance		0
Western European Business
Goodwill
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0
Gross amount of goodwill [Roll Forward]
Beginning balance		381,149
Non-deductible goodwill acquired during the year		154,750
Goodwill reclassified as assets held for sale		0
Fair value and other adjustments		0
Currency effects		(25,706)
Ending balance		510,193
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		57,505
Currency effects		(614)
Accumulated amortization. ending balance		56,891
Net goodwill, beginning balance		323,644
Net goodwill, ending balance		453,302
Accumulated goodwill impairment, beginning balance		46,500
Accumulated goodwill impairment, ending balance		46,500
Other International Business
Goodwill
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0
Gross amount of goodwill [Roll Forward]
Beginning balance		225,626
Non-deductible goodwill acquired during the year		425,426
Goodwill reclassified as assets held for sale		(40,089)
Fair value and other adjustments		(515)
Currency effects		12,563
Ending balance		623,011
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		129
Currency effects		(67)
Accumulated amortization. ending balance		62
Net goodwill, beginning balance		225,497
Net goodwill, ending balance		622,949
Accumulated goodwill impairment, beginning balance		0
Accumulated goodwill impairment, ending balance		0
Corporate and Other
Goodwill
Business Acquisition, Goodwill, Expected Tax Deductible Amount		0
Gross amount of goodwill [Roll Forward]
Beginning balance		26,186
Non-deductible goodwill acquired during the year		215
Goodwill reclassified as assets held for sale		0
Fair value and other adjustments		1,146
Currency effects		0
Ending balance		27,547
Goodwill accumulated amortization [Roll Forward]
Accumulated amortization. beginning balance		0
Currency effects		0
Accumulated amortization. ending balance		0
Net goodwill, beginning balance		26,186
Net goodwill, ending balance		27,547
Accumulated goodwill impairment, beginning balance		0
Accumulated goodwill impairment, ending balance		$ 0

Summary of Significant Accoun40

Summary of Significant Accounting Policies - Schedule of Components of Amortizable Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Amortizable intangible assets
Gross carrying amount	$ 1,689,751		$ 1,689,751		$ 948,285
Accumulated amortization	(360,658)		(360,658)		(342,185)
Net carrying amount	1,329,093		1,329,093		606,100
Amortization of other deferred charges	24,395	$ 13,593	38,958	$ 26,845
Customer Relationships and Acquisition Costs
Amortizable intangible assets
Gross carrying amount	1,663,678		1,663,678		937,174
Accumulated amortization	(352,869)		(352,869)		(333,860)
Net carrying amount	1,310,809		1,310,809		603,314
Core Technology
Amortizable intangible assets
Gross carrying amount	1,625		1,625		3,370
Accumulated amortization	(1,625)		(1,625)		(3,370)
Net carrying amount	0		0		0
Trademarks and Non-Compete Agreements
Amortizable intangible assets
Gross carrying amount	24,448		24,448		7,741
Accumulated amortization	(6,164)		(6,164)		(4,955)
Net carrying amount	$ 18,284		$ 18,284		$ 2,786
Minimum | Initial Costs For Transport Of Boxes [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			1 year
Minimum | Customer Relationships Current Record Management Vendor Or Payments To Customers [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			1 year
Minimum | Other Intangible Assets [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			5 years
Maximum | Initial Costs For Transport Of Boxes [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			30 years
Maximum | Customer Relationships Current Record Management Vendor Or Payments To Customers [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			15 years
Maximum | Other Intangible Assets [Member]
Amortizable intangible assets
Finite-Lived Intangible Asset, Useful Life			10 years

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Stock-Based Compensation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Employee stock-based awards
Weighted Average Common Shares Outstanding-Basic (in shares)	246,387,000	210,699,000	228,957,000	210,468,000
Stock-based compensation	$ 9,028	$ 7,921	$ 15,913	$ 14,777
Stock-based compensation expense (income), net of tax	$ 7,011	$ 5,467	$ 11,925	$ 10,413
Stock-based compensation expense per basic and diluted share (in dollars per share)	$ 0.03	$ 0.03	$ 0.05	$ 0.05
Excess tax benefit (deficiency) from stock-based compensation			$ 29	$ 260
Summary of option activity
Options outstanding balance, end of period (in shares)	4,076,820		4,076,820
Share-Based Compensation, aggregate disclosures
Employee stock-based awards, unrecognized compensation costs on nonvested awards	$ 47,863		$ 47,863
Employee stock-based awards, unrecognized compensation costs on nonvested awards, weighted average period of recognition			2 years 1 month 17 days
Continuing Operations
Employee stock-based awards
Stock-based compensation	9,028	$ 7,921	$ 15,913	14,777
Continuing Operations | Cost of sales (excluding depreciation and amortization)
Employee stock-based awards
Stock-based compensation	25	46	52	91
Continuing Operations | Selling, general and administrative expenses
Employee stock-based awards
Stock-based compensation	$ 9,003	7,875	$ 15,861	$ 14,686
Three year vesting options
Employee stock-based awards
Certain options as a percentage of total outstanding options	70.10%		70.10%
Summary of option activity
Options outstanding balance, end of period (in shares)	2,856,930		2,856,930
Five year vesting options
Employee stock-based awards
Certain options as a percentage of total outstanding options	23.30%		23.30%
Summary of option activity
Options outstanding balance, end of period (in shares)	948,752		948,752
Ten year vesting options
Employee stock-based awards
Certain options as a percentage of total outstanding options	6.60%		6.60%
Summary of option activity
Options outstanding balance, end of period (in shares)	271,138		271,138
Stock Options
Employee stock-based awards
Weighted average fair value of options granted (in dollars per share)			$ 2.49	$ 4.99
Weighted average assumptions used for grants
Expected volatility (as a percent)			27.20%	28.60%
Risk-free interest rate (as a percent)			1.32%	1.70%
Expected dividend yield (as a percent)			7.00%	5.00%
Expected life of the option			5 years 7 months	5 years 6 months
Summary of option activity
Options outstanding balance, beginning of period (in shares)			3,688,814
Options granted (in shares)			1,408,788
Options exercised (in shares)			(998,993)
Options forfeited (in shares)			(10,526)
Options expired (in shares)			(11,263)
Options outstanding balance, end of period (in shares)	4,076,820		4,076,820
Options exercisable balance (in shares)	1,897,278		1,897,278
Options expected to vest (in shares)	2,030,097		2,030,097
Weighted Average Exercise Price
Weighted average exercise price, options outstanding balance beginning of period (in dollars per share)			$ 27.79
Weighted average exercise price, options granted (in dollars per share)			33.88
Weighted average exercise price, options exercised (in dollars per share)			23.94
Weighted average exercise price, options forfeited (in dollars per share)			34.16
Weighted average exercise price, options expired (in dollars per share)			30.60
Weighted average exercise price, options outstanding balance end of period (in dollars per share)	$ 30.81		30.81
Weighted average exercise price, options exercisable (in dollars per share)	25.70		25.70
Weighted average exercise price, options expected to vest (in dollars per share)	$ 35.27		$ 35.27
Weighted average remaining contractual term
Weighted average remaining contractual term, options outstanding			6 years 10 months 28 days
Weighted average remaining contractual term, options exercisable			4 years 4 months 2 days
Weighted average remaining contractual term, options expected to vest			9 years 1 month 24 days
Aggregate intrinsic value
Aggregate intrinsic value, options outstanding	$ 39,796		$ 39,796
Aggregate intrinsic value, options exercisable	27,818		27,818
Aggregate intrinsic value, options expected to vest	11,180		11,180
Aggregate intrinsic value of stock options exercised
Aggregate intrinsic value of stock options exercised	$ 9,926	1,716	$ 11,359	$ 5,883
Employee Stock Purchase Plan
Employee Stock Purchase Plan
Percentage of market price for the purchase of shares			95.00%
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period			56,662	59,569
Employee stock purchase plan, shares available for grant	781,767		781,767
Performance units
Dividends accrued
Accrued cash dividends	$ 263	214	$ 525	$ 425
Cash dividends paid	$ 0	0	$ 645	1,015
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options
Non-vested at the beginning of the period (in shares)			433,805
Granted (in shares)			221,662
Vested (in shares)			(148,403)
Forfeited (in shares)			(36,185)
Non-vested at the end of the period (in shares)	470,879		470,879
Weighted average grant date fair value
Weighted average grant date fair value, non-vested, beginning of period (in dollars per share)			$ 34.11
Weighted average grant date fair value, granted (in dollars per share)			35.11
Weighted average grant date fair value, vested (in dollars per share)			35.41
Weighted average grant date fair value, forfeited (in dollars per share)			44.36
Weighted average grant date fair value, non-vested, end of period (in dollars per share)	$ 33.38		$ 33.38
Total fair value of shares or units vested	$ 1,174	44	$ 5,255	2,107
Performance units disclosure
Period of anniversary from the date of grant			3 years
Qualifying age for grant of performance units			55 years
Qualifying service period			10 years
Performance units | PUs granted in 2014
Performance units disclosure
Percentage of achievement of the predefined revenue and ROIC targets	0.00%		0.00%
Performance units | PUs granted in 2015
Performance units disclosure
Percentage of achievement of the predefined revenue and ROIC targets	100.00%		100.00%
Performance units | Two Thousand Sixteen [Member] [Member]
Performance units disclosure
Percentage of achievement of the predefined revenue and ROIC targets	100.00%		100.00%
Performance units | Revenue or revenue growth and return on invested capital | PUs granted in 2014
Performance units disclosure
Performance period			3 years
Performance units | Market condition associated with shareholder return of common stock
Performance units disclosure
Performance period			3 years
Performance units | Minimum | Revenue or revenue growth and return on invested capital | PUs granted in 2014
Performance units disclosure
Percentage payout rate	0.00%		0.00%
Performance units | Minimum | Market condition associated with shareholder return of common stock
Performance units disclosure
Percentage payout rate	0.00%		0.00%
Performance units | Maximum | Revenue or revenue growth and return on invested capital | PUs granted in 2014
Performance units disclosure
Percentage payout rate	200.00%		200.00%
Performance units | Maximum | Market condition associated with shareholder return of common stock
Performance units disclosure
Percentage payout rate	200.00%		200.00%
Original PU Awards
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options
Non-vested at the beginning of the period (in shares)			520,764
Granted (in shares)			221,662
Vested (in shares)			(148,403)
Forfeited (in shares)			(2,106)
Non-vested at the end of the period (in shares)	591,917		591,917
PUs Adjustment
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options
Non-vested at the beginning of the period (in shares)			(86,959)
Granted (in shares)			0
Vested (in shares)			0
Forfeited (in shares)			(34,079)
Non-vested at the end of the period (in shares)	(121,038)		(121,038)
Restricted Stock Units
Employee stock-based awards
Accrued cash dividends	$ 616	631	$ 1,247	1,301
Dividends accrued
Cash dividends paid	$ 196	571	$ 1,831	2,300
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options
Non-vested at the beginning of the period (in shares)			1,217,597
Granted (in shares)			596,401
Vested (in shares)			(528,210)
Forfeited (in shares)			(33,563)
Non-vested at the end of the period (in shares)	1,252,225		1,252,225
Weighted average grant date fair value
Weighted average grant date fair value, non-vested, beginning of period (in dollars per share)			$ 33.68
Weighted average grant date fair value, granted (in dollars per share)			31.26
Weighted average grant date fair value, vested (in dollars per share)			33.67
Weighted average grant date fair value, forfeited (in dollars per share)			34.31
Weighted average grant date fair value, non-vested, end of period (in dollars per share)	$ 32.51		$ 32.51
Total fair value of shares or units vested	$ 2,807	$ 3,600	$ 17,785	$ 19,184
Restricted Stock Units | Minimum
Employee stock-based awards
Award vesting period			3 years
Restricted Stock Units | Maximum
Employee stock-based awards
Award vesting period			5 years

Summary of Significant Accoun42

Summary of Significant Accounting Policies - Income Per Share, Allowance for Doubful Accounts, Income Taxes, and Concentration of Credit Risk (Details) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)bank$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Jun. 30, 2016USD ($)bank$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares	Dec. 31, 2015USD ($)bank	Dec. 31, 2014USD ($)
Income (Loss) Per Share-Basic and Diluted
Income (loss) from continuing operations	$ (14,720)	$ 54,007	$ 48,321	$ 95,746
Total income (loss) from discontinued operations	1,587	0	1,587	0
Net income (loss) attributable to Iron Mountain Incorporated	$ (13,968)	$ 53,330	$ 48,806	$ 94,426
Weighted-average shares—basic | shares	246,387,000	210,699,000	228,957,000	210,468,000
Effect of dilutive potential stock options (in shares) | shares	0	958,714	622,293	1,091,022
Effect of dilutive potential restricted stock, RSUs and PUs (in shares) | shares	0	419,002	450,100	603,880
Weighted-average shares—diluted | shares	246,387,000	212,077,000	230,029,000	212,163,000
Earnings (Losses) per share-basic:
Income (Loss) from continuing operations (in dollars per share) | $ / shares	$ (0.06)	$ 0.26	$ 0.21	$ 0.45
Total (loss) income discontinued operations (in dollars per share) | $ / shares	0.01	0	0.01	0
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) | $ / shares	(0.06)	0.25	0.21	0.45
Earnings (Losses) per share-diluted:
Income (Loss) from continuing operations (in dollars per share) | $ / shares	(0.06)	0.25	0.21	0.45
Total (loss) income from discontinued operations (in dollars per share) | $ / shares	0.01	0	0.01	0
Net Income (Loss) Attributable to Iron Mountain Incorporated (in dollars per share) | $ / shares	$ (0.06)	$ 0.25	$ 0.21	$ 0.45
Antidilutive stock options, RSUs and PUs, excluded from the calculation (in shares) | shares	1,594,475	1,335,373	2,208,135	846,803
Income Taxes:
Effective tax rates (as a percent)		12.10%	32.00%	19.60%
Income (Loss) From Continuing Operations Before Income Taxes, Minority Interest, and (Gain) Loss on Disposition of Real Estate	$ (3,881)	$ 61,411	$ 71,060	$ 119,098
Provision (Benefit) for Income Taxes	$ 10,839	7,404	$ 22,739	$ 23,352
Federal statutory tax rate (as a percent)			35.00%	35.00%
Concentrations of Credit Risk
Number of global banks with cash, cash equivalent and restricted cash held on deposit | bank	5		5		4
Cash and cash equivalents	$ 236,989	$ 117,098	$ 236,989	$ 117,098	$ 128,381	$ 125,933
Money market funds and time deposits	$ 18,743		$ 18,743		$ 18,645

Summary of Significant Accoun43

Summary of Significant Accounting Policies - Fair Value Measurements (Details) - Fair value measured on recurring basis - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Quoted prices in active markets (Level 1)
Assets and liabilities carried at fair value measured on a recurring basis
Time deposits	$ 0	$ 0
Trading securities	9,877	9,514
Available-for-sale Securities		624
Significant other observable inputs (Level 2)
Assets and liabilities carried at fair value measured on a recurring basis
Time deposits	18,743	18,645
Trading securities	480	857
Available-for-sale Securities		0
Significant unobservable inputs (Level 3)
Assets and liabilities carried at fair value measured on a recurring basis
Time deposits	0	0
Trading securities	0	0
Available-for-sale Securities		0
Estimate of Fair Value Measurement [Member]
Assets and liabilities carried at fair value measured on a recurring basis
Time deposits	18,743	18,645
Trading securities	$ 10,357	10,371
Available-for-sale Securities		$ 624

Summary of Significant Accoun44

Summary of Significant Accounting Policies - Accumulated Other Comprehensive Income and Other Expenses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accumulated other comprehensive items, net
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	$ (152,160)	$ (131,082)	$ (174,917)	$ (75,031)
Other comprehensive loss:
Foreign currency translation adjustments	2,871	1,332	26,362	(54,742)
Market value adjustments for securities			(734)	23
Total Other comprehensive (loss) income	2,871	1,332	25,628	(54,719)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(149,289)	(129,750)	(149,289)	(129,750)
Other Expense (Income), Net:
Total loss on foreign currency transactions	17,193	1,656	4,651	23,922
Debt extinguishment expense	9,283	0	9,283	0
Other, net	(835)	348	(230)	431
Other (Income) Expense, Net	25,641	2,004	13,704	24,353
Foreign currency translation adjustments
Accumulated other comprehensive items, net
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	(152,160)	(132,084)	(175,651)	(76,010)
Other comprehensive loss:
Foreign currency translation adjustments	2,871	1,332	26,362	(54,742)
Market value adjustments for securities			0	0
Total Other comprehensive (loss) income	2,871	1,332	26,362	(54,742)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	(149,289)	(130,752)	(149,289)	(130,752)
Market value adjustments for securities
Accumulated other comprehensive items, net
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning Balance	0	1,002	734	979
Other comprehensive loss:
Foreign currency translation adjustments	0	0	0	0
Market value adjustments for securities			(734)	23
Total Other comprehensive (loss) income	0	0	(734)	23
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending Balance	$ 0	$ 1,002	$ 0	$ 1,002

Summary of Significant Accoun45

Summary of Significant Accounting Policies - Property, Plant and Equipment and Long-Lived Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Accounting Policies [Abstract]
Capitalization of internal use computer software	$ 5,135	$ 6,395	$ 8,538	$ 12,435
Loss (gain) on disposal/write-down of property, plant and equipment (excluding real estate)	$ 626	$ 515	$ 1,077	$ 848

Summary of Significant Accoun46

Summary of Significant Accounting Policies - Cash dividends on RSUs (Details) - Restricted Stock Units - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Employee stock-based awards
Accrued cash dividends	$ 616	$ 631	$ 1,247	$ 1,301
Cash dividends paid	$ 196	$ 571	$ 1,831	$ 2,300

Derivative Instruments and He47

Derivative Instruments and Hedging Activities (Details) € in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016EUR (€)	Jun. 30, 2015EUR (€)
6 3/4% Notes | Net Investment Hedging [Member] | Designated as Hedging Instrument [Member]
Derivative instruments
Notional amount of derivatives | €					€ 30,102	€ 35,786
Derivatives used in Net Investment Hedge, Net of Tax	$ 16,508		$ 16,508
Foreign exchange contracts
Derivative instruments
Net cash payments from foreign currency forward contracts	$ 0	$ 12,368	$ 0	$ 29,188

Derivative Instruments and He48

Derivative Instruments and Hedging Activities - Amount of (Gain) Loss in Income on Derivatives (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivatives Not Designated as Hedging Instruments | Foreign exchange contracts | Other (income) expense, net
Gains and losses on derivative instruments
Amount of (Gain) Loss Recognized in Income on Derivatives	$ 0	$ (8,119)	$ 0	$ 20,414

Derivative Instruments and He49

Derivative Instruments and Hedging Activities - Schedule of Foreign Exchange Gains Related to Fair of Debt (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Foreign exchange (losses) gains	$ 754	$ (1,464)	$ (588)	$ 3,466
Less: Tax (benefit) expense on foreign exchange (losses) gains	0	0	0	0
Foreign exchange (losses) gains, net of tax	$ 754	$ (1,464)	$ (588)	$ 3,466

Acquisitions (Details)

Acquisitions (Details) $ / shares in Units, $ in Thousands	May 04, 2016USD ($)	May 02, 2016USD ($)shares	Mar. 31, 2016USD ($)	Jun. 30, 2016USD ($)city	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)cityshares	Jun. 30, 2015USD ($)	Apr. 29, 2016$ / shares
Business Acquisition [Line Items]
Cash consideration						$ 354,075
Consideration transferred						2,192,607
Disposal Group, Including Discontinued Operation, Revenue				$ 4,009		4,009
Net proceeds from divestments (see Note 10)						$ 53,950	$ 0
Initial United States Divestments
Business Acquisition [Line Items]
Number of cities subjected to the Scheme of Arrangement divestment | city				13		13
Discontinued Operations, Disposed of by Sale | Initial United States Divestments
Business Acquisition [Line Items]
Disposal Group, Including Discontinued Operation, Revenue				$ 0		$ 0
Disposal, consideration	$ 80,000
Net proceeds from divestments (see Note 10)	55,000
Disposal Group, Including Discontinued Operation, Contingent Receivable	$ 25,000
Disposal Group, Held-for-sale, Not Discontinued Operations | Australia Divestment Business And Iron Mountain Canadian Divestments [Member]
Business Acquisition [Line Items]
Disposal Group, Including Discontinued Operation, Revenue				14,126	$ 13,995	27,151	27,442
Disposal Group, Including Discontinued Operation, Operating Income (Loss)				$ 218	$ 557	755	$ 1,551
Docufile Holdings Proprietary Limited [Member]
Business Acquisition [Line Items]
Consideration transferred			$ 15,000
Archyvu Sistemos [Member]
Business Acquisition [Line Items]
Consideration transferred			$ 5,100
Other Fiscal 2016 Year Acquisitions (excluding Recall)
Business Acquisition [Line Items]
Cash consideration						22,241
Consideration transferred						25,747
Recall
Business Acquisition [Line Items]
Cash consideration		$ 331,800				331,834
Price per outstanding share | $ / shares								$ 36.53
Consideration transferred		$ 2,166,900				$ 2,166,860
Recall | Common Stock
Business Acquisition [Line Items]
Acquisition, shares of common stock issued | shares		50,233,412				50,233,412

Acquisitions - Schedule of Purc

Acquisitions - Schedule of Purchase Price Allocation (Details) - USD ($) $ in Thousands	May 02, 2016	Jun. 30, 2016
Business Acquisition [Line Items]
Cash Paid (gross of cash acquired)		$ 354,075
Fair Value of Common Stock Issued		1,835,026
Fair Value of Noncontrolling Interests		3,506
Total Consideration		2,192,607
Fair Value of Identifiable Assets Acquired:
Cash		77,340
Accounts Receivable and Prepaid Expenses		210,193
Fair Value of Divestments		127,111
Other Assets		45,680
Property, Plant and Equipment		717,004
Customer Relationship Intangible Assets		740,670
Debt Assumed		(789,567)
Accounts Payable, Accrued Expenses and Other Liabilities		(266,036)
Deferred Income Taxes		(195,375)
Total Fair Value of Identifiable Net Assets Acquired		667,020
Non-deductible goodwill acquired during the year		1,525,587
Recall
Business Acquisition [Line Items]
Cash Paid (gross of cash acquired)	$ 331,800	331,834
Fair Value of Common Stock Issued		1,835,026
Fair Value of Noncontrolling Interests		0
Total Consideration	$ 2,166,900	2,166,860
Fair Value of Identifiable Assets Acquired:
Cash		76,773
Accounts Receivable and Prepaid Expenses		207,516
Fair Value of Divestments		127,111
Other Assets		45,139
Property, Plant and Equipment		708,439
Customer Relationship Intangible Assets		730,056
Debt Assumed		(789,567)
Accounts Payable, Accrued Expenses and Other Liabilities		(257,698)
Deferred Income Taxes		(192,515)
Total Fair Value of Identifiable Net Assets Acquired		655,254
Non-deductible goodwill acquired during the year		1,511,606
Other Fiscal 2016 Year Acquisitions (excluding Recall)
Business Acquisition [Line Items]
Cash Paid (gross of cash acquired)		22,241
Fair Value of Common Stock Issued		0
Fair Value of Noncontrolling Interests		3,506
Total Consideration		25,747
Fair Value of Identifiable Assets Acquired:
Cash		567
Accounts Receivable and Prepaid Expenses		2,677
Fair Value of Divestments		0
Other Assets		541
Property, Plant and Equipment		8,565
Customer Relationship Intangible Assets		10,614
Debt Assumed		0
Accounts Payable, Accrued Expenses and Other Liabilities		(8,338)
Deferred Income Taxes		(2,860)
Total Fair Value of Identifiable Net Assets Acquired		11,766
Non-deductible goodwill acquired during the year		13,981
Cash Acquired from Acquisition		77,340
Cash Received Related to Acquisitions in Previous Years		$ 182
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life		14 years

Acquisitions - Pro Forma Financ

Acquisitions - Pro Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 948,494	$ 951,707	$ 1,885,211	$ 1,883,588
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax	$ 21,062	$ 64,920	$ 78,145	$ (28,291)
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax, Per Share, Basic	$ 0.08	$ 0.25	$ 0.30	$ (0.11)
Business Acquisition, Pro Forma Income (Loss) from Continuing Operations, Net of Tax, Per Share, Diluted	$ 0.08	$ 0.25	$ 0.30	$ (0.11)
Income (Loss) from Continuing Operations	$ (14,720)	$ 54,007	$ 48,321	$ 95,746
Per Share Income (Loss) from Continuing Operations - Basic (in dollars per share)	$ (0.06)	$ 0.25	$ 0.21	$ 0.45
Per Share Income (Loss) from Continuing Operations - Diluted (in dollars per share)	$ (0.06)	$ 0.25	$ 0.21	$ 0.45
Recall
Business Acquisition [Line Items]
Business Combination Separately Recognized Transactions Expenses And Losses Recognized, Incurred to Date	$ 133,791		$ 133,791

Acquisitions - Revenues Related

Acquisitions - Revenues Related to Recall Acquisition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Acquisition [Line Items]
Storage rental	$ 538,682	$ 461,209	$ 999,893	$ 920,081
Service	345,066	298,525	634,545	588,939
Total Revenues	883,748	$ 759,734	1,634,438	$ 1,509,020
Recall
Business Acquisition [Line Items]
Storage rental	68,650		68,650
Service	52,140		52,140
Total Revenues	$ 120,790		$ 120,790

Debt Schedule of Long Term Debt

Debt Schedule of Long Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Long-term Debt, Gross	$ 6,281,126	$ 4,903,977
Current portion of long-term debt	(112,509)	(88,068)
Long-term Debt, Net of Current Portion	6,103,058	4,757,610
Unamortized Debt Issuance Expense	(65,559)	(58,299)
Long-term Debt	6,215,567	4,845,678
Long-term Debt, Current Maturities	(112,509)	(88,068)
Long Term Debt, Gross, Net of Current Portion	6,168,617	4,815,909
Long-term Debt, Excluding Current Maturities	6,103,058	4,757,610
Revolving Credit Facility
Debt Instrument [Line Items]
Long-term Debt, Gross	1,350,534	784,438
Fair Value	1,350,534	784,438
Unamortized Debt Issuance Expense	(9,122)	(9,410)
Long-term Debt	1,341,412	775,028
6% Senior Notes due 2020
Debt Instrument [Line Items]
Long-term Debt, Gross	1,000,000	1,000,000
Fair Value	1,052,500	1,052,500
Unamortized Debt Issuance Expense	(14,427)	(16,124)
Long-term Debt	985,573	983,876
Senior Subsidiary Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	154,353	144,190
Fair Value	$ 158,598	$ 147,074
Stated interest rate (as a percent)	6.125%	6.125%
Unamortized Debt Issuance Expense	$ (1,878)	$ (1,924)
Long-term Debt	152,475	142,266
Senior Notes 4.375 Percent due 2021
Debt Instrument [Line Items]
Long-term Debt, Gross	500,000
Fair Value	501,875
Unamortized Debt Issuance Expense	7,897
Long-term Debt	492,103
GBP Senior Notes 6.125 Percent, Due 2022
Debt Instrument [Line Items]
Long-term Debt, Gross	535,664	592,140
Fair Value	$ 535,664	$ 606,944
Stated interest rate (as a percent)	6.125%	6.125%
Unamortized Debt Issuance Expense	$ (7,332)	$ (8,757)
Long-term Debt	528,332	583,383
6% Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	600,000	600,000
Fair Value	$ 632,250	$ 618,000
Stated interest rate (as a percent)	6.00%	6.00%
Unamortized Debt Issuance Expense	$ (7,871)	$ (8,420)
Long-term Debt	592,129	591,580
The 5 3/4% Notes
Debt Instrument [Line Items]
Long-term Debt, Gross	1,000,000	1,000,000
Fair Value	$ 1,006,250	$ 961,200
Stated interest rate (as a percent)	5.75%	5.75%
Unamortized Debt Issuance Expense	$ (11,216)	$ (11,902)
Long-term Debt	988,784	988,098
Senior Notes 5.375 Percent due 2026
Debt Instrument [Line Items]
Long-term Debt, Gross	250,000
Fair Value	243,125
Unamortized Debt Issuance Expense	3,978
Long-term Debt	246,022
Accounts Receivable Securitization Program
Debt Instrument [Line Items]
Long-term Debt, Gross	217,300	205,900
Fair Value	217,300	205,900
Unamortized Debt Issuance Expense	(538)	(692)
Long-term Debt	216,762	205,208
Real Estate Mortgages, Capital Leases and Other
Debt Instrument [Line Items]
Long-term Debt, Gross	435,775	333,559
Fair Value	435,775	333,559
Unamortized Debt Issuance Expense	(1,300)	(1,070)
Long-term Debt	434,475	332,489
New Credit Agreement | Revolving Credit Facility
Debt Instrument [Line Items]
Carrying amount on long-term debt	1,350,534
New Credit Agreement | Term Loan Facility
Debt Instrument [Line Items]
Long-term Debt, Gross	237,500	243,750
Carrying amount on long-term debt	237,500
Fair Value	237,500	243,750
Unamortized Debt Issuance Expense	0	0
Long-term Debt	$ 237,500	$ 243,750

Debt (Details)

Debt (Details) € in Thousands, CAD in Thousands, AUD in Thousands	Jul. 02, 2015USD ($)bank	Mar. 06, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2016AUD	Jun. 30, 2016CAD	Jun. 30, 2016EUR (€)	Jun. 24, 2016USD ($)	Apr. 19, 2016USD ($)	Dec. 31, 2015USD ($)
Debt
Capital stock of subsidiaries pledged to secure debt (as a percent)			66.00%		66.00%		66.00%	66.00%	66.00%
Ownership in U.S. subsidiaries that are considered guarantor (as a percent)			100.00%		100.00%		100.00%	100.00%	100.00%
Number of banks supporting New Credit Agreement | bank	25
Current portion of long-term debt			$ 112,509,000		$ 112,509,000							$ 88,068,000
Debt extinguishment expense			9,283,000	$ 0	$ 9,283,000	$ 0
Debt covenants
Dividends Limit, Percent					95.00%
Dividends Limit, Leverage Ratio Trigger					6
Long-term Debt, Gross			6,281,126,000		$ 6,281,126,000							$ 4,903,977,000
Net proceeds from sales of senior notes					738,750,000	0
Cash pool agreement, net cash position			6,500,000		6,500,000
Cash pool agreement, gross cash position			46,400,000		46,400,000
Cash pool agreement, outstanding borrowings			$ 39,900,000		$ 39,900,000
New Credit Agreement
Debt
Maximum borrowing capacity										$ 2,000,000,000
Average interest rate (as a percent)			2.70%		2.70%		2.70%	2.70%	2.70%
New Credit Agreement | Minimum
Debt
Commitment fee percentage					0.25%
New Credit Agreement | Maximum
Debt
Commitment fee percentage					0.40%
Accounts Receivable Securitization Program | Secured Debt [Member]
Debt
Maximum borrowing capacity		$ 250,000,000
Effective interest rate (as a percent)			1.40%		1.40%		1.40%	1.40%	1.40%
Commitment fee (as a percent)		0.40%
Accounts Receivable from Securitization			$ 217,300,000		$ 217,300,000
Credit Agreement
Debt
Capital stock of subsidiaries pledged to secure debt (as a percent)			66.00%		66.00%		66.00%	66.00%	66.00%
Debt covenants
Net total lease adjusted leverage ratio			5.8		5.8		5.8	5.8	5.8			5.6
Net secured debt lease adjusted leverage ratio			2.9		2.9		2.9	2.9	2.9			2.6
Bond leverage ratio, per indentures			5.4		5.4		5.4	5.4	5.4			5.5
Fixed charge coverage ratio			2.6		2.6		2.6	2.6	2.6			2.4
Credit Agreement | Minimum
Debt covenants
Fixed charge coverage ratio			1.5		1.5		1.5	1.5	1.5
Credit Agreement | Maximum
Debt covenants
Net total lease adjusted leverage ratio			6.5		6.5		6.5	6.5	6.5
Net secured debt lease adjusted leverage ratio			4		4		4	4	4
Bond leverage ratio, per indentures			6.5		6.5		6.5	6.5	6.5
Revolving Credit Facility
Debt
Letters of credit outstanding			$ 58,163,000		$ 58,163,000
Period of earnings before interest, taxes, depreciation, amortization and rent expense (EBITDAR) for calculation of remaining borrowing capacity					12 months
Remaining amount available for borrowing under credit facility			341,303,000		$ 341,303,000
Fair Value			1,350,534,000		1,350,534,000							$ 784,438,000
Commitment fees and letters of credit fees			344,000	$ 991,000	1,029,000	$ 1,858,000
Debt covenants
Long-term Debt, Gross			1,350,534,000		1,350,534,000							784,438,000
Revolving Credit Facility | New Credit Agreement
Debt
Maximum borrowing capacity	$ 1,500,000,000									1,750,000,000
Optional additional commitments										250,000,000
Carrying amount on long-term debt			$ 1,350,534,000		$ 1,350,534,000
Average interest rate (as a percent)			3.00%		3.00%		3.00%	3.00%	3.00%
Revolving Credit Facility | New Credit Agreement | Minimum
Debt
Effective interest rate (as a percent)			2.30%		2.30%		2.30%	2.30%	2.30%
Revolving Credit Facility | New Credit Agreement | Maximum
Debt
Effective interest rate (as a percent)			4.80%		4.80%		4.80%	4.80%	4.80%
Term Loan Facility | New Credit Agreement
Debt
Maximum borrowing capacity										$ 250,000,000
Amount of quarterly installments based on the original principal (as a percentage)	$ 3,125,000
Carrying amount on long-term debt			$ 237,500,000		$ 237,500,000
Average interest rate (as a percent)			2.70%		2.70%		2.70%	2.70%	2.70%
Fair Value			$ 237,500,000		$ 237,500,000							243,750,000
Debt covenants
Long-term Debt, Gross			237,500,000		237,500,000							$ 243,750,000
Term Loan Facility | New Credit Agreement | USD
Debt
Carrying amount on long-term debt			671,200,000		671,200,000
Term Loan Facility | New Credit Agreement | CAD
Debt
Carrying amount on long-term debt | CAD								CAD 166,000
Term Loan Facility | New Credit Agreement | AUD
Debt
Carrying amount on long-term debt | AUD							AUD 347,000
Term Loan Facility | New Credit Agreement | EUR
Debt
Carrying amount on long-term debt | €									€ 263,850
Bridge Loan | Unsecured Bridge Term Loan [Member]
Debt
Principal amount of notes											$ 850,000,000
Senior Notes 4.375 Percent due 2021
Debt
Fair Value			501,875,000		501,875,000
Debt covenants
Long-term Debt, Gross			500,000,000		500,000,000
Senior Notes 5.375 Percent due 2026
Debt
Fair Value			243,125,000		243,125,000
Debt covenants
Long-term Debt, Gross			$ 250,000,000		$ 250,000,000

Debt Covenant Ratios (Details)

Debt Covenant Ratios (Details) - Credit Agreement	Jun. 30, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Net total lease adjusted leverage ratio	5.8	5.6
Net secured debt lease adjusted leverage ratio	2.9	2.6
Bond leverage ratio, per indentures	5.4	5.5
Fixed charge coverage ratio	2.6	2.4
Maximum
Debt Instrument [Line Items]
Net total lease adjusted leverage ratio	6.5
Net secured debt lease adjusted leverage ratio	4
Bond leverage ratio, per indentures	6.5
Minimum
Debt Instrument [Line Items]
Fixed charge coverage ratio	1.5

Debt Commitment Fees (Details)

Debt Commitment Fees (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revolving Credit Facility
Debt Instrument [Line Items]
Commitment fees and letters of credit fees	$ 344	$ 991	$ 1,029	$ 1,858

Selected Consolidated Financi58

Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors - Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Consolidating financial statements
Percentage of subsidiaries owned	100.00%
Current Assets:
Cash and Cash Equivalents	$ 236,989	$ 128,381	$ 117,098	$ 125,933
Accounts Receivable	710,526	564,401
Intercompany Receivable	0	0
Other Current Assets	197,887	165,130
Assets Held for Sale	143,968
Total Current Assets	1,289,370	857,912
Property, Plant and Equipment, Net	3,196,248	2,497,158
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	0	0
Investment in Subsidiaries	0	0
Goodwill	3,840,090	2,360,978
Other	1,415,346	634,539
Total Other Assets, Net	5,255,436	2,995,517
Total Assets	9,741,054	6,350,587	6,378,750
Liabilities and Equity
Intercompany Payable	0	0
Current Portion of Long-term Debt	112,509	88,068
Total Other Current Liabilities	847,886	753,763
Liabilities Held for Sale	21,634
Long-term Debt, Net of Current Portion	6,103,058	4,757,610
Long-term Notes Payable to Affiliates and Intercompany Payable	0	0
Other Long-term Liabilities	409,937	222,539
Commitments and Contingencies (see Note 8)
Total Iron Mountain Incorporated Stockholders' Equity	2,221,075	508,841
Noncontrolling Interests	24,955	19,766
Total Equity	2,246,030	528,607	722,225	869,955
Total Liabilities and Equity	9,741,054	6,350,587
Eliminations
Current Assets:
Cash and Cash Equivalents	0	0	0	0
Accounts Receivable	0	0
Intercompany Receivable	(1,229,138)	(1,038,141)
Other Current Assets	(29)	(29)
Assets Held for Sale	0
Total Current Assets	(1,229,167)	(1,038,170)
Property, Plant and Equipment, Net	0	0
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	(3,610,376)	(3,256,918)
Investment in Subsidiaries	(1,613,053)	(1,287,688)
Goodwill	0	0
Other	0	0
Total Other Assets, Net	(5,223,429)	(4,544,606)
Total Assets	(6,452,596)	(5,582,776)
Liabilities and Equity
Intercompany Payable	(1,229,138)	(1,038,141)
Current Portion of Long-term Debt	(29)	(29)
Total Other Current Liabilities	0	0
Liabilities Held for Sale	0
Long-term Debt, Net of Current Portion	0	0
Long-term Notes Payable to Affiliates and Intercompany Payable	(3,610,376)	(3,256,918)
Other Long-term Liabilities	0	0
Total Iron Mountain Incorporated Stockholders' Equity	(1,613,053)	(1,287,688)
Noncontrolling Interests	0	0
Total Equity	(1,613,053)	(1,287,688)
Total Liabilities and Equity	(6,452,596)	(5,582,776)
Parent | Reportable legal entities
Current Assets:
Cash and Cash Equivalents	402	151	1,473	2,399
Accounts Receivable	0	0
Intercompany Receivable	878,096	0
Other Current Assets	0	898
Assets Held for Sale	0
Total Current Assets	878,498	1,049
Property, Plant and Equipment, Net	572	661
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	3,609,376	3,255,049
Investment in Subsidiaries	882,989	797,666
Goodwill	0	0
Other	0	623
Total Other Assets, Net	4,492,365	4,053,338
Total Assets	5,371,435	4,055,048
Liabilities and Equity
Intercompany Payable	0	879,649
Current Portion of Long-term Debt	0	0
Total Other Current Liabilities	57,457	56,740
Liabilities Held for Sale	0
Long-term Debt, Net of Current Portion	3,091,903	2,608,818
Long-term Notes Payable to Affiliates and Intercompany Payable	1,000	1,000
Other Long-term Liabilities	0	0
Total Iron Mountain Incorporated Stockholders' Equity	2,221,075	508,841
Noncontrolling Interests	0	0
Total Equity	2,221,075	508,841
Total Liabilities and Equity	5,371,435	4,055,048
Guarantors | Reportable legal entities
Current Assets:
Cash and Cash Equivalents	11,026	6,472	3,455	4,713
Accounts Receivable	62,157	14,069
Intercompany Receivable	351,042	1,038,141
Other Current Assets	168,098	106,670
Assets Held for Sale	23,118
Total Current Assets	615,441	1,165,352
Property, Plant and Equipment, Net	1,785,370	1,600,886
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	1,000	1,869
Investment in Subsidiaries	554,230	459,429
Goodwill	2,445,469	1,618,593
Other	787,825	392,987
Total Other Assets, Net	3,788,524	2,472,878
Total Assets	6,189,335	5,239,116
Liabilities and Equity
Intercompany Payable	0	0
Current Portion of Long-term Debt	45,458	41,159
Total Other Current Liabilities	461,102	454,924
Liabilities Held for Sale	0
Long-term Debt, Net of Current Portion	1,119,548	674,190
Long-term Notes Payable to Affiliates and Intercompany Payable	3,609,376	3,255,049
Other Long-term Liabilities	162,073	115,950
Total Iron Mountain Incorporated Stockholders' Equity	791,778	697,844
Noncontrolling Interests	0	0
Total Equity	791,778	697,844
Total Liabilities and Equity	6,189,335	5,239,116
Canada Company | Reportable legal entities
Current Assets:
Cash and Cash Equivalents	3,316	13,182	6,877	4,979
Accounts Receivable	37,479	30,428
Intercompany Receivable	0	0
Other Current Assets	5,952	2,305
Assets Held for Sale	25,294
Total Current Assets	72,041	45,915
Property, Plant and Equipment, Net	159,880	137,100
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	0	0
Investment in Subsidiaries	34,442	27,731
Goodwill	235,715	152,975
Other	55,886	22,637
Total Other Assets, Net	326,043	203,343
Total Assets	557,964	386,358
Liabilities and Equity
Intercompany Payable	1,389	5,892
Current Portion of Long-term Debt	0	0
Total Other Current Liabilities	33,895	26,804
Liabilities Held for Sale	0
Long-term Debt, Net of Current Portion	286,547	284,798
Long-term Notes Payable to Affiliates and Intercompany Payable	0	869
Other Long-term Liabilities	60,299	37,402
Total Iron Mountain Incorporated Stockholders' Equity	175,834	30,593
Noncontrolling Interests	0	0
Total Equity	175,834	30,593
Total Liabilities and Equity	557,964	386,358
Non-Guarantors | Reportable legal entities
Current Assets:
Cash and Cash Equivalents	222,245	108,576	$ 105,293	$ 113,842
Accounts Receivable	610,890	519,904
Intercompany Receivable	0	0
Other Current Assets	23,866	55,286
Assets Held for Sale	95,556
Total Current Assets	952,557	683,766
Property, Plant and Equipment, Net	1,250,426	758,511
Other Assets, Net:
Long-term Notes Receivable from Affiliates and Intercompany Receivable	0	0
Investment in Subsidiaries	141,392	2,862
Goodwill	1,158,906	589,410
Other	571,635	218,292
Total Other Assets, Net	1,871,933	810,564
Total Assets	4,074,916	2,252,841
Liabilities and Equity
Intercompany Payable	1,227,749	152,600
Current Portion of Long-term Debt	67,080	46,938
Total Other Current Liabilities	295,432	215,295
Liabilities Held for Sale	21,634
Long-term Debt, Net of Current Portion	1,605,060	1,189,804
Long-term Notes Payable to Affiliates and Intercompany Payable	0	0
Other Long-term Liabilities	187,565	69,187
Total Iron Mountain Incorporated Stockholders' Equity	645,441	559,251
Noncontrolling Interests	24,955	19,766
Total Equity	670,396	579,017
Total Liabilities and Equity	$ 4,074,916	$ 2,252,841

Selected Consolidated Financi59

Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors - Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Revenues:
Storage Rental	$ 538,682	$ 461,209	$ 999,893	$ 920,081
Service	345,066	298,525	634,545	588,939
Intercompany Service	0	0	0	0
Total Revenues	883,748	759,734	1,634,438	1,509,020
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	395,649	326,283	721,754	647,937
Selling, General and Administrative	277,077	215,885	484,843	412,299
Intercompany Service Cost of Sales	0	0	0	0
Depreciation and Amortization	115,022	87,549	202,226	173,500
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	(626)	515	(1,077)	848
Total Operating Expenses	787,122	630,232	1,407,746	1,234,584
Operating Income (Loss)	96,626	129,502	226,692	274,436
Interest Expense (Income), Net	74,866	66,087	141,928	130,985
Other (Income) Expense, Net	25,641	2,004	13,704	24,353
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	(3,881)	61,411	71,060	119,098
Provision (Benefit) for Income Taxes	10,839	7,404	22,739	23,352
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	0	0	0	0
Income (Loss) from Continuing Operations	(14,720)	54,007	48,321	95,746
(Loss) Income from Discontinued Operations, Net of Tax	1,587		1,587	0
Net income (loss)	(13,133)	54,007	49,908	95,746
Less: Net Income (Loss) Attributable to Noncontrolling Interests	835	677	1,102	1,320
Net income (loss) attributable to Iron Mountain Incorporated	(13,968)	53,330	48,806	94,426
Net income (loss)	(13,133)	54,007	49,908	95,746
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	2,789	1,000	26,767	(55,175)
Market Value Adjustments for Securities			(734)	23
Equity in Other Comprehensive Income (Loss) of Subsidiaries	0	0	0	0
Total Other Comprehensive Income (Loss)	2,789	1,000	26,033	(55,152)
Comprehensive Income (Loss)	(10,344)	55,007	75,941	40,594
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	753	345	1,507	887
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	(11,097)	54,662	74,434	39,707
Eliminations
Revenues:
Storage Rental	0	0	0	0
Service	0	0	0	0
Intercompany Service	(20,916)	(23,181)	(39,274)	(39,952)
Total Revenues	(20,916)	(23,181)	(39,274)	(39,952)
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	0	0	0	0
Selling, General and Administrative	0	0	0	0
Intercompany Service Cost of Sales	(20,916)	(23,181)	(39,274)	(39,952)
Depreciation and Amortization	0	0	0	0
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	0	0	0	0
Total Operating Expenses	(20,916)	(23,181)	(39,274)	(39,952)
Operating Income (Loss)	0	0	0	0
Interest Expense (Income), Net	0	0	0	0
Other (Income) Expense, Net	0	0	0	0
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	0	0	0	0
Provision (Benefit) for Income Taxes	0	0	0	0
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	103,299	99,721	234,489	165,870
Income (Loss) from Continuing Operations	(103,299)		(234,489)
(Loss) Income from Discontinued Operations, Net of Tax	0		0
Net income (loss)	(103,299)	(99,721)	(234,489)	(165,870)
Less: Net Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Net income (loss) attributable to Iron Mountain Incorporated	(103,299)	(99,721)	(234,489)	(165,870)
Net income (loss)	(103,299)	(99,721)	(234,489)	(165,870)
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	0	0	0	0
Market Value Adjustments for Securities			0	0
Equity in Other Comprehensive Income (Loss) of Subsidiaries	5,394	(8,282)	(45,254)	124,542
Total Other Comprehensive Income (Loss)	5,394	(8,282)	(45,254)	124,542
Comprehensive Income (Loss)	(97,905)	(108,003)	(279,743)	(41,328)
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	(97,905)	(108,003)	(279,743)	(41,328)
Parent | Reportable legal entities
Revenues:
Storage Rental	0	0	0	0
Service	0	0	0	0
Intercompany Service	0	0	0	0
Total Revenues	0	0	0	0
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	0	0	0	0
Selling, General and Administrative	521	24	593	97
Intercompany Service Cost of Sales	0	0	0	0
Depreciation and Amortization	44	45	89	91
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	0	0	0	0
Total Operating Expenses	565	69	682	188
Operating Income (Loss)	(565)	(69)	(682)	(188)
Interest Expense (Income), Net	28,069	39,222	68,053	78,392
Other (Income) Expense, Net	50,845	1,127	51,731	(911)
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	(79,479)	(40,418)	(120,466)	(77,669)
Provision (Benefit) for Income Taxes	0	0	0	0
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	(65,511)	(93,748)	(169,272)	(172,095)
Income (Loss) from Continuing Operations	(13,968)		48,806
(Loss) Income from Discontinued Operations, Net of Tax	0		0
Net income (loss)	(13,968)	53,330	48,806	94,426
Less: Net Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Net income (loss) attributable to Iron Mountain Incorporated	(13,968)	53,330	48,806	94,426
Net income (loss)	(13,968)	53,330	48,806	94,426
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	754	(1,464)	(588)	3,466
Market Value Adjustments for Securities				0
Equity in Other Comprehensive Income (Loss) of Subsidiaries	2,117	2,796	26,216	(58,185)
Total Other Comprehensive Income (Loss)	2,871	1,332	25,628	(54,719)
Comprehensive Income (Loss)	(11,097)	54,662	74,434	39,707
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	(11,097)	54,662	74,434	39,707
Guarantors | Reportable legal entities
Revenues:
Storage Rental	329,672	305,913	638,669	610,505
Service	199,349	189,268	384,656	370,133
Intercompany Service	1,013	1,055	2,026	1,407
Total Revenues	530,034	496,236	1,025,351	982,045
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	216,871	196,080	419,409	392,741
Selling, General and Administrative	191,193	149,051	339,826	281,243
Intercompany Service Cost of Sales	3,809	6,400	7,163	6,400
Depreciation and Amortization	67,666	56,360	123,919	111,763
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	(839)	440	(1,409)	762
Total Operating Expenses	478,700	408,331	888,908	792,909
Operating Income (Loss)	51,334	87,905	136,443	189,136
Interest Expense (Income), Net	(6,064)	(6,415)	(14,594)	(13,092)
Other (Income) Expense, Net	761	3,139	4,243	4,522
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	56,637	91,181	146,794	197,706
Provision (Benefit) for Income Taxes	7,813	(1,037)	16,673	8,665
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	(31,766)	(643)	(54,696)	18,097
Income (Loss) from Continuing Operations	80,590		184,817
(Loss) Income from Discontinued Operations, Net of Tax	890		890
Net income (loss)	81,480	92,861	185,707	170,944
Less: Net Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Net income (loss) attributable to Iron Mountain Incorporated	81,480	92,861	185,707	170,944
Net income (loss)	81,480	92,861	185,707	170,944
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	0	0	0	0
Market Value Adjustments for Securities			(734)	23
Equity in Other Comprehensive Income (Loss) of Subsidiaries	(2,569)	2,907	21,530	(57,989)
Total Other Comprehensive Income (Loss)	(2,569)	2,907	20,796	(57,966)
Comprehensive Income (Loss)	78,911	95,768	206,503	112,978
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	0	0		0
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	78,911	95,768	206,503	112,978
Canada Company | Reportable legal entities
Revenues:
Storage Rental	32,331	30,804	59,936	61,672
Service	16,907	16,108	31,549	32,665
Intercompany Service	0	0	0	0
Total Revenues	49,238	46,912	91,485	94,337
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	6,929	6,642	13,719	13,807
Selling, General and Administrative	4,595	3,795	7,968	7,962
Intercompany Service Cost of Sales	16,094	15,726	30,085	32,145
Depreciation and Amortization	3,962	3,165	7,041	6,217
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	0	0	6	0
Total Operating Expenses	31,580	29,328	58,819	60,131
Operating Income (Loss)	17,658	17,584	32,666	34,206
Interest Expense (Income), Net	11,348	8,342	21,382	16,545
Other (Income) Expense, Net	64	(10)	44	(137)
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	6,246	9,252	11,240	17,798
Provision (Benefit) for Income Taxes	2,174	4,796	4,040	7,859
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	(1,315)	(874)	(2,686)	(1,933)
Income (Loss) from Continuing Operations	5,387		9,886
(Loss) Income from Discontinued Operations, Net of Tax	635		635
Net income (loss)	6,022	5,330	10,521	11,872
Less: Net Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Net income (loss) attributable to Iron Mountain Incorporated	6,022	5,330	10,521	11,872
Net income (loss)	6,022	5,330	10,521	11,872
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	(4,894)	1,037	(3,105)	(6,903)
Market Value Adjustments for Securities			0	0
Equity in Other Comprehensive Income (Loss) of Subsidiaries	(48)	1,542	613	(1,465)
Total Other Comprehensive Income (Loss)	(4,942)	2,579	(2,492)	(8,368)
Comprehensive Income (Loss)	1,080	7,909	8,029	3,504
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	0	0	0	0
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	1,080	7,909	8,029	3,504
Non-Guarantors | Reportable legal entities
Revenues:
Storage Rental	176,679	124,492	301,288	247,904
Service	128,810	93,149	218,340	186,141
Intercompany Service	19,903	22,126	37,248	38,545
Total Revenues	325,392	239,767	556,876	472,590
Operating Expenses:
Cost of sales (excluding depreciation and amortization)	171,849	123,561	288,626	241,389
Selling, General and Administrative	80,768	63,015	136,456	122,997
Intercompany Service Cost of Sales	1,013	1,055	2,026	1,407
Depreciation and Amortization	43,350	27,979	71,177	55,429
Loss (Gain) on Disposal/Write-down of Property, Plant and Equipment (Excluding Real Estate), net	213	75	326	86
Total Operating Expenses	297,193	215,685	498,611	421,308
Operating Income (Loss)	28,199	24,082	58,265	51,282
Interest Expense (Income), Net	41,513	24,938	67,087	49,140
Other (Income) Expense, Net	(26,029)	(2,252)	(42,314)	20,879
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	12,715	1,396	33,492	(18,737)
Provision (Benefit) for Income Taxes	852	3,645	2,026	6,828
Equity in the (Earnings) Losses of Subsidiaries, Net of Tax	(4,707)	(4,456)	(7,835)	(9,939)
Income (Loss) from Continuing Operations	16,570		39,301
(Loss) Income from Discontinued Operations, Net of Tax	62		62
Net income (loss)	16,632	2,207	39,363	(15,626)
Less: Net Income (Loss) Attributable to Noncontrolling Interests	835	677	1,102	1,320
Net income (loss) attributable to Iron Mountain Incorporated	15,797	1,530	38,261	(16,946)
Net income (loss)	16,632	2,207	39,363	(15,626)
Other Comprehensive Income (Loss):
Foreign Currency Translation Adjustments	6,929	1,427	30,460	(51,738)
Market Value Adjustments for Securities			0	0
Equity in Other Comprehensive Income (Loss) of Subsidiaries	(4,894)	1,037	(3,105)	(6,903)
Total Other Comprehensive Income (Loss)	2,035	2,464	27,355	(58,641)
Comprehensive Income (Loss)	18,667	4,671	66,718	(74,267)
Comprehensive Income (Loss) Attributable to Noncontrolling Interests	753	345	1,507	887
Comprehensive Income (Loss) Attributable to Iron Mountain Incorporated	$ 17,914	$ 4,326	$ 65,211	$ (75,154)

Selected Consolidated Financi60

Selected Consolidated Financial Statements of Parent, Guarantors, Canada Company and Non-Guarantors - Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			$ 205,605	$ 179,738
Cash Flows from Operating Activities—Discontinued Operations			1,145	0
Cash Flows from Operating Activities			206,750	179,738
Cash Flows from Investing Activities:
Capital expenditures	$ (82,813)	$ (64,580)	(163,665)	(139,356)
Cash paid for acquisitions, net of cash acquired	(257,213)	(15,283)	(276,553)	(21,714)
Intercompany loans to subsidiaries			0	0
Investment in subsidiaries			0	0
Acquisitions of customer relationships and customer inducements	9,488	14,964	16,746	24,207
Net proceeds from divestments (see Note 10)			53,950	0
Decrease in restricted cash			0	33,860
Proceeds from sales of property and equipment and other, net (including real estate)			371	805
Cash Flows from Investing Activities—Continuing Operations			(402,643)	(150,612)
Cash Flows from Investing Activities—Discontinued Operations			90	0
Cash Flows from Investing Activities			(402,553)	(150,612)
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			(7,387,114)	(4,915,045)
Proceeds from revolving credit, term loan and bridge facilities and other debt			7,186,805	5,075,035
Net proceeds from sales of senior notes			738,750	0
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			456	(830)
Intercompany loans from parent			0	0
Equity contribution from parent			0	0
Parent cash dividends			(232,596)	(203,229)
Net proceeds (payments) associated with employee stock-based awards			18,641	9,454
Excess tax benefit (deficiency) from stock-based compensation			29	260
Payment of debt financing and stock issuance costs			(12,032)	(1,114)
Cash Flows from Financing Activities—Continuing Operations			312,939	(35,469)
Cash Flows from Financing Activities—Discontinued Operations			0	0
Net Cash Provided by (Used in) Financing Activities			312,939	(35,469)
Effect of exchange rates on cash and cash equivalents			(8,528)	(2,492)
(Decrease) Increase in cash and cash equivalents			108,608	(8,835)
Cash and cash equivalents, beginning of period			128,381	125,933
Cash and cash equivalents, end of period	236,989	117,098	236,989	117,098
Eliminations
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			0
Cash Flows from Operating Activities—Discontinued Operations			0
Cash Flows from Operating Activities			0	0
Cash Flows from Investing Activities:
Capital expenditures			0	0
Cash paid for acquisitions, net of cash acquired			0	0
Intercompany loans to subsidiaries			413,871	(418,611)
Investment in subsidiaries			3,170	20,000
Acquisitions of customer relationships and customer inducements			0	0
Net proceeds from divestments (see Note 10)			0
Decrease in restricted cash				0
Proceeds from sales of property and equipment and other, net (including real estate)			0	0
Cash Flows from Investing Activities—Continuing Operations			417,041
Cash Flows from Investing Activities—Discontinued Operations			0
Cash Flows from Investing Activities			417,041	(398,611)
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			0	0
Proceeds from revolving credit, term loan and bridge facilities and other debt			0	0
Net proceeds from sales of senior notes			0
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			0	0
Intercompany loans from parent			(413,871)	418,611
Equity contribution from parent			(3,170)	(20,000)
Parent cash dividends			0	0
Net proceeds (payments) associated with employee stock-based awards			0	0
Excess tax benefit (deficiency) from stock-based compensation			0	0
Payment of debt financing and stock issuance costs			0	0
Cash Flows from Financing Activities—Continuing Operations			(417,041)	398,611
Cash Flows from Financing Activities—Discontinued Operations			0
Net Cash Provided by (Used in) Financing Activities			(417,041)
Effect of exchange rates on cash and cash equivalents			0	0
(Decrease) Increase in cash and cash equivalents			0	0
Cash and cash equivalents, beginning of period			0	0
Cash and cash equivalents, end of period	0	0	0	0
Parent | Reportable legal entities
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			(107,370)
Cash Flows from Operating Activities—Discontinued Operations			0
Cash Flows from Operating Activities			(107,370)	(77,187)
Cash Flows from Investing Activities:
Capital expenditures			0	0
Cash paid for acquisitions, net of cash acquired			0	0
Intercompany loans to subsidiaries			(148,811)	245,945
Investment in subsidiaries			(1,585)	(10,000)
Acquisitions of customer relationships and customer inducements			0	0
Net proceeds from divestments (see Note 10)			0
Decrease in restricted cash				33,860
Proceeds from sales of property and equipment and other, net (including real estate)			0	0
Cash Flows from Investing Activities—Continuing Operations			(150,396)
Cash Flows from Investing Activities—Discontinued Operations			0
Cash Flows from Investing Activities			(150,396)	269,805
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			(1,096,706)	0
Proceeds from revolving credit, term loan and bridge facilities and other debt			1,083,681	0
Net proceeds from sales of senior notes			492,500
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			0	0
Intercompany loans from parent			0	0
Equity contribution from parent			0	0
Parent cash dividends			(232,596)	(203,229)
Net proceeds (payments) associated with employee stock-based awards			18,641	9,454
Excess tax benefit (deficiency) from stock-based compensation			29	260
Payment of debt financing and stock issuance costs			(7,532)	(29)
Cash Flows from Financing Activities—Continuing Operations			258,017	(193,544)
Cash Flows from Financing Activities—Discontinued Operations			0
Net Cash Provided by (Used in) Financing Activities			258,017
Effect of exchange rates on cash and cash equivalents			0	0
(Decrease) Increase in cash and cash equivalents			251	(926)
Cash and cash equivalents, beginning of period			151	2,399
Cash and cash equivalents, end of period	402	1,473	402	1,473
Guarantors | Reportable legal entities
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			203,070
Cash Flows from Operating Activities—Discontinued Operations			393
Cash Flows from Operating Activities			203,463	203,751
Cash Flows from Investing Activities:
Capital expenditures			(97,647)	(86,883)
Cash paid for acquisitions, net of cash acquired			4,074	(5,736)
Intercompany loans to subsidiaries			(265,060)	172,666
Investment in subsidiaries			(1,585)	(10,000)
Acquisitions of customer relationships and customer inducements			13,492	20,247
Net proceeds from divestments (see Note 10)			53,950
Decrease in restricted cash				0
Proceeds from sales of property and equipment and other, net (including real estate)			92	327
Cash Flows from Investing Activities—Continuing Operations			(319,668)
Cash Flows from Investing Activities—Discontinued Operations			0
Cash Flows from Investing Activities			(319,668)	50,127
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			(3,554,881)	(3,640,841)
Proceeds from revolving credit, term loan and bridge facilities and other debt			3,285,396	3,616,000
Net proceeds from sales of senior notes			246,250
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			0	0
Intercompany loans from parent			146,909	(240,118)
Equity contribution from parent			1,585	10,000
Parent cash dividends			0	0
Net proceeds (payments) associated with employee stock-based awards			0	0
Excess tax benefit (deficiency) from stock-based compensation			0	0
Payment of debt financing and stock issuance costs			(4,500)	(110)
Cash Flows from Financing Activities—Continuing Operations			120,759	(255,069)
Cash Flows from Financing Activities—Discontinued Operations			0
Net Cash Provided by (Used in) Financing Activities			120,759
Effect of exchange rates on cash and cash equivalents			0	(67)
(Decrease) Increase in cash and cash equivalents			4,554	(1,258)
Cash and cash equivalents, beginning of period			6,472	4,713
Cash and cash equivalents, end of period	11,026	3,455	11,026	3,455
Canada Company | Reportable legal entities
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			23,827
Cash Flows from Operating Activities—Discontinued Operations			690
Cash Flows from Operating Activities			24,517	13,218
Cash Flows from Investing Activities:
Capital expenditures			(1,048)	(8,914)
Cash paid for acquisitions, net of cash acquired			(2,381)	(5,399)
Intercompany loans to subsidiaries			0	0
Investment in subsidiaries			0	0
Acquisitions of customer relationships and customer inducements			0	690
Net proceeds from divestments (see Note 10)			0
Decrease in restricted cash				0
Proceeds from sales of property and equipment and other, net (including real estate)			0	6
Cash Flows from Investing Activities—Continuing Operations			(3,429)
Cash Flows from Investing Activities—Discontinued Operations			90
Cash Flows from Investing Activities			(3,339)	(14,997)
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			(861,740)	(331,819)
Proceeds from revolving credit, term loan and bridge facilities and other debt			843,281	334,633
Net proceeds from sales of senior notes			0
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			0	0
Intercompany loans from parent			(14,427)	877
Equity contribution from parent			0	0
Parent cash dividends			0	0
Net proceeds (payments) associated with employee stock-based awards			0	0
Excess tax benefit (deficiency) from stock-based compensation			0	0
Payment of debt financing and stock issuance costs			0	0
Cash Flows from Financing Activities—Continuing Operations			(32,886)	3,691
Cash Flows from Financing Activities—Discontinued Operations			0
Net Cash Provided by (Used in) Financing Activities			(32,886)
Effect of exchange rates on cash and cash equivalents			1,842	(14)
(Decrease) Increase in cash and cash equivalents			(9,866)	1,898
Cash and cash equivalents, beginning of period			13,182	4,979
Cash and cash equivalents, end of period	3,316	6,877	3,316	6,877
Non-Guarantors | Reportable legal entities
Cash Flows from Operating Activities:
Cash Flows from Operating Activities—Continuing Operations			86,078
Cash Flows from Operating Activities—Discontinued Operations			62
Cash Flows from Operating Activities			86,140	39,956
Cash Flows from Investing Activities:
Capital expenditures			(64,970)	(43,559)
Cash paid for acquisitions, net of cash acquired			(278,246)	(10,579)
Intercompany loans to subsidiaries			0	0
Investment in subsidiaries			0	0
Acquisitions of customer relationships and customer inducements			3,254	3,270
Net proceeds from divestments (see Note 10)			0
Decrease in restricted cash				0
Proceeds from sales of property and equipment and other, net (including real estate)			279	472
Cash Flows from Investing Activities—Continuing Operations			(346,191)
Cash Flows from Investing Activities—Discontinued Operations			0
Cash Flows from Investing Activities			(346,191)	(56,936)
Cash Flows from Financing Activities:
Repayment of revolving credit, term loan and bridge facilities and other debt			(1,873,787)	(942,385)
Proceeds from revolving credit, term loan and bridge facilities and other debt			1,974,447	1,124,402
Net proceeds from sales of senior notes			0
Debt financing from (repayment to) and equity contribution from (distribution to) noncontrolling interests, net			456	(830)
Intercompany loans from parent			281,389	(179,370)
Equity contribution from parent			1,585	10,000
Parent cash dividends			0	0
Net proceeds (payments) associated with employee stock-based awards			0	0
Excess tax benefit (deficiency) from stock-based compensation			0	0
Payment of debt financing and stock issuance costs			0	(975)
Cash Flows from Financing Activities—Continuing Operations			384,090	10,842
Cash Flows from Financing Activities—Discontinued Operations			0
Net Cash Provided by (Used in) Financing Activities			384,090
Effect of exchange rates on cash and cash equivalents			(10,370)	(2,411)
(Decrease) Increase in cash and cash equivalents			113,669	(8,549)
Cash and cash equivalents, beginning of period			108,576	113,842
Cash and cash equivalents, end of period	$ 222,245	$ 105,293	$ 222,245	$ 105,293

Segment Information - Additiona

Segment Information - Additional Information (Details)	6 Months Ended
	Jun. 30, 2016segment
Segment Reporting [Abstract]
Number of operating segments	5

Segment Information - Segment R

Segment Information - Segment Reporting Information by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Segment information
Unamortized Debt Issuance Expense	$ 65,559		$ 65,559		$ 58,299
Total Revenues	883,748	$ 759,734	1,634,438	$ 1,509,020
Depreciation and Amortization	115,022	87,549	202,226	173,500
Depreciation	93,530	76,224	168,920	151,015
Amortization	21,492	11,325	33,306	22,485
Adjusted OIBDA	261,434	223,228	496,580	454,446
Total Assets	9,741,054	6,378,750	9,741,054	6,378,750	$ 6,350,587
Expenditures for Segment Assets	349,514	94,827	456,964	185,277
Capital Expenditures	82,813	64,580	163,665	139,356
Cash Paid for Acquisitions, Net of Cash Acquired	257,213	15,283	276,553	21,714
Acquisitions of customer relationships and customer inducements	9,488	14,964	16,746	24,207
North American Records and Information Management business
Segment information
Total Revenues	481,470	448,887	926,151	891,574
Depreciation and Amortization	57,465	46,293	102,815	91,596
Depreciation	47,867	41,335	88,122	81,671
Amortization	9,598	4,958	14,693	9,925
Adjusted OIBDA	189,138	176,787	365,695	358,267
Total Assets	5,202,917	3,632,747	5,202,917	3,632,747
Expenditures for Segment Assets	19,872	44,467	66,538	86,842
Capital Expenditures	14,734	30,929	56,822	64,109
Cash Paid for Acquisitions, Net of Cash Acquired	(2,546)	8,178	(2,676)	8,778
Acquisitions of customer relationships and customer inducements	7,684	5,360	12,392	13,955
North American Data Management Business
Segment information
Total Revenues	103,270	99,600	199,613	196,835
Depreciation and Amortization	6,077	5,498	11,747	10,842
Depreciation	5,832	5,300	11,254	10,584
Amortization	245	198	493	258
Adjusted OIBDA	57,081	50,622	110,541	101,910
Total Assets	786,019	652,212	786,019	652,212
Expenditures for Segment Assets	3,750	9,039	8,577	13,988
Capital Expenditures	2,302	2,039	7,129	6,946
Cash Paid for Acquisitions, Net of Cash Acquired	(59)	0	(59)	(21)
Acquisitions of customer relationships and customer inducements	1,507	7,000	1,507	7,063
Western European Business
Segment information
Unamortized Debt Issuance Expense		9,907		9,907
Total Revenues	118,198	98,269	212,074	197,334
Depreciation and Amortization	15,069	11,615	26,320	22,896
Depreciation	11,698	10,131	20,369	19,959
Amortization	3,371	1,484	5,951	2,937
Adjusted OIBDA	33,273	27,325	65,219	56,357
Total Assets	1,172,297	913,199	1,172,297	913,199
Expenditures for Segment Assets	(1,158)	4,950	4,902	12,538
Capital Expenditures	5,978	4,140	10,037	8,550
Cash Paid for Acquisitions, Net of Cash Acquired	(7,103)	(309)	(7,103)	2,510
Acquisitions of customer relationships and customer inducements	(33)	1,119	1,968	1,478
Other International Business
Segment information
Unamortized Debt Issuance Expense		788		788
Total Revenues	165,669	108,313	267,010	214,051
Depreciation and Amortization	25,897	14,731	40,183	29,154
Depreciation	18,323	10,141	29,225	19,931
Amortization	7,574	4,590	10,958	9,223
Adjusted OIBDA	41,931	20,620	63,507	41,876
Total Assets	2,085,246	952,146	2,085,246	952,146
Expenditures for Segment Assets	281,589	20,754	313,745	43,302
Capital Expenditures	15,380	14,254	27,542	33,543
Cash Paid for Acquisitions, Net of Cash Acquired	265,879	5,015	285,349	8,048
Acquisitions of customer relationships and customer inducements	330	1,485	854	1,711
Corporate and Other
Segment information
Unamortized Debt Issuance Expense		33,132		33,132
Total Revenues	15,141	4,665	29,590	9,226
Depreciation and Amortization	10,514	9,412	21,161	19,012
Depreciation	9,810	9,317	19,950	18,870
Amortization	704	95	1,211	142
Adjusted OIBDA	(59,989)	(52,126)	(108,382)	(103,964)
Total Assets	494,575	228,446	494,575	228,446
Expenditures for Segment Assets	45,461	15,617	63,202	28,607
Capital Expenditures	44,419	13,218	62,135	26,208
Cash Paid for Acquisitions, Net of Cash Acquired	1,042	2,399	1,042	2,399
Acquisitions of customer relationships and customer inducements	$ 0	$ 0	$ 25	$ 0

Segment Information - Reconcili

Segment Information - Reconciliation to Income Before Provision for Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Reconciliation of Adjusted OIBDA to income from continuing operations before provision (benefit) for income taxes on a consolidated basis
Adjusted OIBDA	$ 261,434	$ 223,228	$ 496,580	$ 454,446
Less: Depreciation and Amortization	115,022	87,549	202,226	173,500
Loss (Gain) on disposal/write-down of property, plant and equipment (excluding real estate), net	(626)	515	(1,077)	848
Interest Expense (Income), Net	74,866	66,087	141,928	130,985
Other Expense (Income), Net	25,641	2,004	13,704	24,353
Income (Loss) from Continuing Operations Before Provision (Benefit) for Income Taxes	(3,881)	61,411	71,060	119,098
Recall
Reconciliation of Adjusted OIBDA to income from continuing operations before provision (benefit) for income taxes on a consolidated basis
Business Combination, Acquisition Related Costs	$ 50,412	$ 5,662	$ 68,739	$ 5,662

Commitments and Contingencies (

Commitments and Contingencies (Details) € in Thousands, $ in Thousands	6 Months Ended
	Jun. 30, 2016USD ($)customerlawsuit	Jun. 30, 2016EUR (€)customerlawsuit	Jan. 31, 2015customerclaimbox
Buenos Aires, Argentina
Commitments and Contingencies
Maximum facility revenue as a percentage of consolidated revenues	0.50%	0.50%
Insurance Settlement
Commitments and Contingencies
Reasonably possible additional losses | $	$ 21,000
Italy Fire
Commitments and Contingencies
Number of customer lawsuits | customer	5	5
Number of customer lawsuits settled | lawsuit	4	4
Loss Contingency, Pending Claims, Number | lawsuit	1	1
Loss Contingency, Damages Sought, Value | €		€ 42,600
Brooklyn Fire
Commitments and Contingencies
Loss Contingency, Pending Claims, Number | claim			2
Loss Contingency, Number Customer-Owned Items Lost | box			900,000
Loss Contingency, Number Of Customers Impacted | customer			1,200

Stockholders' Equity Matters -

Stockholders' Equity Matters - Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 24, 2016	May 25, 2016	Mar. 21, 2016	Feb. 18, 2016	Dec. 15, 2015	Oct. 29, 2015	Sep. 30, 2015	Aug. 27, 2015	Jun. 26, 2015	May 28, 2015	Mar. 20, 2015	Feb. 19, 2015	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Equity [Abstract]
Dividends Declared per Common Share (in dollars per share)		$ 0.4850		$ 0.4850		$ 0.4850		$ 0.4750		$ 0.4750		$ 0.4750	$ 0.5174	$ 0.4752	$ 1.0051	$ 0.9499
Dividends, Common Stock	$ 127,469		$ 102,651		$ 102,438		$ 100,213		$ 100,119		$ 99,795				$ 231,512	$ 201,722

Divestments (Details)

Divestments (Details) - USD ($) $ in Thousands	May 04, 2016	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash proceeds from divestment		$ 53,950	$ 0
Initial United States Divestments | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal, consideration	$ 80,000
Cash proceeds from divestment	55,000
Additional cash receivable, contingent consideration	$ 25,000
Additional cash receivable, contingent consideration, period of evaluation	27 months

Divestments - Assets and Liabil

Divestments - Assets and Liabilities Held For Sale (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets held for sale:
Accounts receivable	$ 8,957
Deferred income taxes	1,388
Prepaid expenses and other	582
Property, plant and equipment, net	25,618
Goodwill	43,421
Estimated fair value of assets held for sale, less costs to sell	48,884
Customer relationships and customer inducements	14,627
Other	491
Assets held for sale	143,968	$ 0
Liabilities held for sale:
Accounts payable	1,484
Accrued expenses	5,318
Deferred revenue	1,712
Other long-term liabilities	8,726
Deferred rent	2,621
Other	1,773
Liabilities held for sale	21,634	$ 0
Seattle/Atlanta Divestments | Discontinued Operations, Held-for-sale
Assets held for sale:
Accounts receivable	0
Deferred income taxes	0
Prepaid expenses and other	0
Property, plant and equipment, net	0
Goodwill	0
Estimated fair value of assets held for sale, less costs to sell	23,118
Customer relationships and customer inducements	0
Other	0
Assets held for sale	23,118
Liabilities held for sale:
Accounts payable	0
Accrued expenses	0
Deferred revenue	0
Other long-term liabilities	0
Deferred rent	0
Other	0
Liabilities held for sale	0
Australia Divestment Business | Disposal Group, Held-for-sale, Not Discontinued Operations
Assets held for sale:
Accounts receivable	8,957
Deferred income taxes	1,388
Prepaid expenses and other	582
Property, plant and equipment, net	23,952
Goodwill	40,089
Estimated fair value of assets held for sale, less costs to sell	0
Customer relationships and customer inducements	14,627
Other	491
Assets held for sale	90,086
Liabilities held for sale:
Accounts payable	1,484
Accrued expenses	5,318
Deferred revenue	1,712
Other long-term liabilities	8,726
Deferred rent	2,621
Other	0
Liabilities held for sale	19,861
Recall Canadian Divestments | Discontinued Operations, Held-for-sale
Assets held for sale:
Accounts receivable	0
Deferred income taxes	0
Prepaid expenses and other	0
Property, plant and equipment, net	0
Goodwill	0
Estimated fair value of assets held for sale, less costs to sell	20,333
Customer relationships and customer inducements	0
Other	0
Assets held for sale	20,333
Liabilities held for sale:
Accounts payable	0
Accrued expenses	0
Deferred revenue	0
Other long-term liabilities	0
Deferred rent	0
Other	0
Liabilities held for sale	0
Iron Mountain Canadian Divestments | Disposal Group, Held-for-sale, Not Discontinued Operations
Assets held for sale:
Accounts receivable	0
Deferred income taxes	0
Prepaid expenses and other	0
Property, plant and equipment, net	1,666
Goodwill	3,332
Estimated fair value of assets held for sale, less costs to sell	0
Customer relationships and customer inducements	0
Other	0
Assets held for sale	4,998
Liabilities held for sale:
Accounts payable	0
Accrued expenses	0
Deferred revenue	0
Other long-term liabilities	0
Deferred rent	0
Other	0
Liabilities held for sale	0
UK Divestments | Discontinued Operations, Held-for-sale
Assets held for sale:
Accounts receivable	0
Deferred income taxes	0
Prepaid expenses and other	0
Property, plant and equipment, net	0
Goodwill	0
Estimated fair value of assets held for sale, less costs to sell	5,433
Customer relationships and customer inducements	0
Other	0
Assets held for sale	5,433
Liabilities held for sale:
Accounts payable	0
Accrued expenses	0
Deferred revenue	0
Other long-term liabilities	0
Deferred rent	0
Other	1,773
Liabilities held for sale	$ 1,773

Divestments - Results of Operat

Divestments - Results of Operations, Recall Divestments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	$ 4,009		$ 4,009
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	1,876		1,876
Discontinued Operation, Tax Effect of Discontinued Operation	289		289
Total income (loss) from discontinued operations	1,587	$ 0	1,587	$ 0
Seattle/Atlanta Divestments | Discontinued Operations, Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	1,810		1,810
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	934		934
Discontinued Operation, Tax Effect of Discontinued Operation	44		44
Total income (loss) from discontinued operations	890		890
Recall Canadian Divestments | Discontinued Operations, Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	1,888		1,888
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	867		867
Discontinued Operation, Tax Effect of Discontinued Operation	232		232
Total income (loss) from discontinued operations	635		635
UK Divestments | Discontinued Operations, Held-for-sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	311		311
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	75		75
Discontinued Operation, Tax Effect of Discontinued Operation	13		13
Total income (loss) from discontinued operations	62		62
Initial United States Divestments | Discontinued Operations, Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Including Discontinued Operation, Revenue	0		0
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	0		0
Discontinued Operation, Tax Effect of Discontinued Operation	0		0
Total income (loss) from discontinued operations	$ 0		$ 0

Transformation Initiative (Deta

Transformation Initiative (Details) - Transformation Initiative [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	$ 15,986		$ 15,986
Restructuring and Related Cost, Incurred Cost	76	$ 0	5,819	$ 0
Restructuring Costs	76		5,819
Restructuring Reserve	1,588		1,588
North American Records and Information Management business
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0	2,289	0
Corporate and Other
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	76	0	2,931	0
Western European Business
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0	204	0
North American Data Management Business
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0	395	0
Other International Business
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0	0	0
Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	76	0	5,819	0
Cost of sales (excluding depreciation and amortization)
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 0	$ 0	$ 0	$ 0

Recall Costs (Details)

Recall Costs (Details) - Recall $ in Thousands	Jun. 30, 2016USD ($)
Business Combination, Separately Recognized Transactions [Line Items]
Business Combination Separately Recognized Transactions Additional Disclosures, Expected Acquisition Costs	$ 300,000
Recall Deal Close and Divestment Costs
Business Combination, Separately Recognized Transactions [Line Items]
Business Combination Separately Recognized Transactions Additional Disclosures, Expected Acquisition Costs	80,000
Recall Integration Costs
Business Combination, Separately Recognized Transactions [Line Items]
Business Combination, Separately Recognized Transactions, Accrued Liability	14,100
Business Combination Separately Recognized Transactions Additional Disclosures, Expected Acquisition Costs	$ 220,000

Recall Costs - Recall Costs Inc

Recall Costs - Recall Costs Included in Statements of Operations (Details) - Recall - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	$ 50,412,000	$ 5,662,000	$ 68,739,000	$ 5,662,000
Recall Deal Close and Divestment Costs
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	24,716,000	5,662,000	32,077,000	5,662,000
Recall Deal Close and Divestment Costs | Cost of sales (excluding depreciation and amortization)
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	0	0	0	0
Recall Deal Close and Divestment Costs | Selling, general and administrative expenses
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	24,716,000	5,662,000	32,077,000	5,662,000
Recall Integration Costs
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	25,696,000	0	36,662,000	0
Recall Integration Costs | Cost of sales (excluding depreciation and amortization)
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	331,000	0	331,000	0
Recall Integration Costs | Selling, general and administrative expenses
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	$ 25,365,000	$ 0	$ 36,331,000	$ 0

Recall Costs - Recall Costs by

Recall Costs - Recall Costs by Segment (Details) - Recall - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	$ 50,412,000	$ 5,662,000	$ 68,739,000	$ 5,662,000
Recall Deal Close and Divestment Costs
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	24,716,000	5,662,000	32,077,000	5,662,000
Recall Deal Close and Divestment Costs | North American Records and Information Management business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	0	0	0	0
Recall Deal Close and Divestment Costs | North American Data Management Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	0	0	0	0
Recall Deal Close and Divestment Costs | Western European Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	0	0	0	0
Recall Deal Close and Divestment Costs | Other International Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	0	0	0	0
Recall Deal Close and Divestment Costs | Corporate and Other
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	24,716,000	5,662,000	32,077,000	5,662,000
Recall Integration Costs
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	25,696,000	0	36,662,000	0
Recall Integration Costs | North American Records and Information Management business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	2,794,000	0	2,833,000	0
Recall Integration Costs | North American Data Management Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	517,000	0	517,000	0
Recall Integration Costs | Western European Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	3,913,000	0	4,130,000	0
Recall Integration Costs | Other International Business
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	5,517,000	0	5,948,000	0
Recall Integration Costs | Corporate and Other
Business Combination, Separately Recognized Transactions [Line Items]
Total Recall Costs	$ 12,955,000	$ 0	$ 23,234,000	$ 0

Subsequent Events (Details)

Subsequent Events (Details) € in Thousands, $ in Thousands	5 Months Ended		6 Months Ended
	Dec. 31, 2016USD ($)region	Dec. 31, 2016EUR (€)region	Jun. 30, 2016USD ($)
Subsequent events
Estimated consideration | $			$ 2,192,607
Subsequent Event | Santa Fe | Scenario, Forecast
Subsequent events
Number of regions acquired | region	10	10
Estimated consideration	$ 30,200	€ 27,000