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Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Investment income      
PIK interest income $ 17,326 $ 23,343 $ 17,002
Non-cash dividend income 22,543 19,485 13,447
Total investment income 294,630 270,959 273,711
Expenses      
Interest and other financing expenses 92,421 73,098 78,047
Management fee 46,617 52,960 53,032
Incentive fee 29,901 29,710 29,211
Professional fees 3,433 3,197 3,537
Administrative expenses 4,131 4,461 4,408
Other general and administrative expenses 2,338 1,923 1,845
Total expenses 178,841 165,349 170,080
Less: management and incentive fees waived (see Note 5) (4,402) (13,104) (12,811)
Less: expenses waived and reimbursed (see Note 5) (238) (244) (924)
Net expenses 174,201 152,001 156,345
Net investment income before income taxes 120,429 118,958 117,366
Income tax expense 825 118 22
Net investment income 119,604 118,840 117,344
Net realized gains (losses):      
Investments 52,703 (3,864) (2,802)
New Mountain Net Lease Corporation 0 0 812
Foreign currency 827 15 0
Net change in unrealized (depreciation) appreciation:      
Investments (84,134) 92,386 (53,718)
Securities purchased under collateralized agreements to resell (4,883) 0 0
Foreign currency (1,115) (81) 0
New Mountain Net Lease Corporation 0 0 (812)
(Provision) benefit for taxes (8,474) (114) 1,013
Net realized and unrealized (losses) gains (45,076) 88,342 (55,507)
Net increase in net assets resulting from operations 74,528 207,182 61,837
Less: Net increase (decrease) in net assets resulting from operations related to non-controlling interest in New Mountain Net Lease Corporation 204 (5,783) (3,364)
Net increase in net assets resulting from operations related to New Mountain Finance Corporation $ 74,732 $ 201,399 $ 58,473
Basic earnings per share (in dollars per share) $ 0.75 $ 2.08 $ 0.60
Weighted average shares of common stock outstanding - basic (in shares) 100,202,847 96,952,959 96,827,342
Diluted earnings per share (in dollars per share) $ 0.74 $ 1.91 $ 0.60
Weighted average shares of common stock outstanding - diluted (in shares) 115,426,198 110,210,545 110,084,927
Distributions declared per share (in dollars per share) $ 1.22 $ 1.20 $ 1.24
Distributions paid per share (in dollars per share) $ 1.22 $ 1.20 $ 1.24
Non-controlled/Non-affiliated      
Investment income      
Interest income (excluding Payment-in-kind ("PIK") interest income) $ 184,367 $ 159,189 $ 184,705
PIK interest income 11,767 8,582 9,057
Dividend income 193 915 0
Non-cash dividend income 14,071 10,153 9,235
Other income 9,156 14,106 5,133
Net realized gains (losses):      
Investments (737) (3,167) (4,305)
Net change in unrealized (depreciation) appreciation:      
Investments (81,197) (23,466) (47,907)
Non-controlled/Affiliated      
Investment income      
Interest income (excluding Payment-in-kind ("PIK") interest income) 1,062 1,579 2,042
PIK interest income 1,043 434 (1,083)
Dividend income 0 288 2,611
Non-cash dividend income 4,109 4,835 (3,085)
Other income 250 345 1,282
Net realized gains (losses):      
Investments 0 8,338 (3,497)
Net change in unrealized (depreciation) appreciation:      
Investments (9,156) 66,505 (3,233)
Controlled      
Investment income      
Interest income (excluding Payment-in-kind ("PIK") interest income) 9,438 5,470 7,803
PIK interest income 4,516 14,327 9,028
Dividend income 43,149 41,659 32,347
Non-cash dividend income 4,363 4,497 7,297
Other income 7,146 4,580 7,339
Net realized gains (losses):      
Investments 53,440 (9,035) 4,188
Net change in unrealized (depreciation) appreciation:      
Investments $ 6,219 $ 49,347 $ (1,766)