XML 58 R42.htm IDEA: XBRL DOCUMENT v3.23.2
Investments - Selected Balance Sheet Information for SLP III and SLP IV (Details) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost $ 3,218,204 [1] $ 3,259,967 [2]
Investments at fair value 3,179,465 [1] 3,221,247 [2]
Receivable from unsettled securities sold 683 0
Total assets 3,296,981 3,354,927
Deferred financing costs, accumulated amortization 50,855 47,531
Deferred financing costs (net of accumulated amortization) (15,183) (17,199)
Payable for unsettled securities purchased 4,897 0
Total liabilities 1,959,019 2,028,736
Total liabilities and net assets 3,296,981 3,354,927
SLP III    
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost 701,816 681,288
Investments at fair value 675,809 639,327
Cash and other assets 19,963 17,149
Receivable from unsettled securities sold 1,183 0
Total assets 696,955 656,476
Credit facility 505,300 512,100
Deferred financing costs, accumulated amortization 5,414 4,840
Deferred financing costs (net of accumulated amortization) (1,160) (1,695)
Payable for unsettled securities purchased 29,291 0
Distribution payable 6,672 5,688
Other liabilities 7,531 6,492
Total liabilities 547,634 522,585
Members' capital 149,321 133,891
Total liabilities and net assets 696,955 656,476
SLP IV    
Investment Company, Nonconsolidated Subsidiary [Line Items]    
Investments, cost 505,549 504,875
Investments at fair value 484,074 473,762
Cash and other assets 16,152 12,853
Receivable from unsettled securities sold 865 0
Total assets 501,091 486,615
Credit facility 356,637 365,537
Deferred financing costs, accumulated amortization 1,295 997
Deferred financing costs (net of accumulated amortization) (1,718) (2,008)
Payable for unsettled securities purchased 12,460 0
Distribution payable 5,273 4,648
Other liabilities 6,291 5,410
Total liabilities 378,943 373,587
Members' capital 122,148 113,028
Total liabilities and net assets $ 501,091 $ 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.