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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Schedule of Investments [Line Items]    
Cost $ 3,302,614 [1] $ 3,259,967 [2]
Fair Value 3,270,326 [1] 3,221,247 [2]
Software    
Schedule of Investments [Line Items]    
Cost 951,994 916,259
Fair Value 933,923 897,008
Business Services    
Schedule of Investments [Line Items]    
Cost 639,640 661,079
Fair Value 577,406 592,868
Healthcare    
Schedule of Investments [Line Items]    
Cost 582,366 586,311
Fair Value 558,625 548,383
Investment Funds (includes investments in joint ventures)    
Schedule of Investments [Line Items]    
Cost 252,400 252,400
Fair Value 252,400 252,400
Education    
Schedule of Investments [Line Items]    
Cost 202,706 200,117
Fair Value 243,339 239,301
Consumer Services    
Schedule of Investments [Line Items]    
Cost 152,247 126,392
Fair Value 150,766 123,880
Net Lease    
Schedule of Investments [Line Items]    
Cost 96,041 96,041
Fair Value 120,623 120,986
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 111,266 111,096
Fair Value 103,157 102,410
Financial Services    
Schedule of Investments [Line Items]    
Cost 98,346 96,021
Fair Value 99,197 95,839
Energy    
Schedule of Investments [Line Items]    
Cost 56,820 55,507
Fair Value 62,876 61,564
Information Technology    
Schedule of Investments [Line Items]    
Cost 58,654 58,638
Fair Value 58,865 58,165
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 25,354 25,363
Fair Value 40,795 60,268
Packaging    
Schedule of Investments [Line Items]    
Cost 43,177 43,124
Fair Value 40,731 40,547
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,833 20,850
Fair Value 19,976 20,624
Business Products    
Schedule of Investments [Line Items]    
Cost 10,770 10,769
Fair Value 7,647 7,004
First lien    
Schedule of Investments [Line Items]    
Cost 1,862,802 1,816,091
Fair Value 1,798,746 1,753,967
Second lien    
Schedule of Investments [Line Items]    
Cost 616,660 632,990
Fair Value 562,413 561,207
Subordinated    
Schedule of Investments [Line Items]    
Cost 87,726 85,774
Fair Value 78,282 76,659
Equity and other    
Schedule of Investments [Line Items]    
Cost 735,426 725,112
Fair Value $ 830,885 $ 829,414
[1] New Mountain Finance Corporation (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act
[2] New Mountain Finance Corporation (the "Company") generally acquires its investments in private transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). These investments are generally subject to certain limitations on resale, and may be deemed to be "restricted securities" under the Securities Act.