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Investments - Selected Balance Sheet Information for SLP III and SLP IV (Details) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost $ 3,302,614 [1] $ 3,259,967 [2]
Investments at fair value 3,270,326 [1] 3,221,247 [2]
Total assets 3,378,935 3,354,927
Deferred financing costs, accumulated amortization 49,187 47,531
Deferred financing costs (net of accumulated amortization) (16,699) (17,199)
Other liabilities 2,647 3,063
Total liabilities 2,040,441 2,028,736
Total liabilities and net assets 3,378,935 3,354,927
SLP III    
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost 684,051 681,288
Investments at fair value 651,129 639,327
Cash and other assets 19,548 17,149
Receivable from unsettled securities sold 8,816 0
Total assets 679,493 656,476
Credit facility 498,000 512,100
Deferred financing costs, accumulated amortization 5,211 4,840
Deferred financing costs (net of accumulated amortization) (1,325) (1,695)
Payable for unsettled securities purchased 28,024 0
Distribution payable 5,578 5,688
Other liabilities 7,203 6,492
Total liabilities 537,480 522,585
Members' capital 142,013 133,891
Total liabilities and net assets 679,493 656,476
SLP IV    
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost 503,359 504,875
Investments at fair value 477,724 473,762
Cash and other assets 14,645 12,853
Receivable from unsettled securities sold 7,525 0
Total assets 499,894 486,615
Credit facility 355,937 365,537
Deferred financing costs, accumulated amortization 1,145 997
Deferred financing costs (net of accumulated amortization) (1,860) (2,008)
Payable for unsettled securities purchased 4,558 0
Distribution payable 17,592 4,648
Other liabilities 6,051 5,410
Total liabilities 382,278 373,587
Members' capital 117,616 113,028
Total liabilities and net assets $ 499,894 $ 486,615
[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.