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Financial Highlights (Tables) | 9 Months Ended
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Sep. 30, 2023
Investment Company [Abstract] |
Schedule of Financial Highlights | The following information sets forth the Company's financial highlights for the nine months ended September 30, 2023 and September 30, 2022:
| Nine Months Ended
| September 30, 2023 |  | September 30, 2022
Per share data(1): |  |  |
Net asset value, January 1, 2023 and January 1, 2022, respectively | $ | 13.02 |  |  | $ | 13.49 |
Net investment income | 1.17 |  |  | 0.94 |
Net realized and unrealized losses (2) | (0.10) |  |  | (0.33) |
Total net increase | 1.07 |  |  | 0.61 |
Distributions declared to stockholders from net investment income | (1.03) |  |  | (0.90) |
Net asset value, September 30, 2023 and September 30, 2022, respectively | $ | 13.06 |  |  | $ | 13.20 |
Per share market value, September 30, 2023 and September 30, 2022, respectively | $ | 12.95 |  |  | $ | 11.53 |
Total return based on market value(3) | 13.49 | % |  | (9.64) | %
Total return based on net asset value(4) | 8.39 | % |  | 4.54 | %
Shares outstanding at end of period | 101,439,649 |  |  | 100,937,026 |
Average weighted shares outstanding for the period | 100,943,049 |  |  | 99,955,432 |
Average net assets for the period | $ | 1,322,558 |  |  | $ | 1,348,479 |
Ratio to average net assets(5): |  |  |
Net investment income | 11.95 | % |  | 9.27 | %
Total expenses, before waivers/reimbursements | 16.77 | % |  | 12.85 | %
Total expenses, net of waivers/reimbursements | 16.45 | % |  | 12.50 | %
Average debt outstanding—Holdings Credit Facility | $ | 603,154 |  |  | $ | 580,699 |
Average debt outstanding—Unsecured Notes | 433,661 |  |  | 525,456 |
Average debt outstanding—SBA-guaranteed debentures | 300,000 |  |  | 300,000 |
Average debt outstanding—DB Credit Facility | 186,429 |  |  | 217,817 |
Average debt outstanding—Convertible Notes | 340,881 |  |  | 201,250 |
Average debt outstanding—NMFC Credit Facility(6) | 104,227 |  |  | 156,303 |
Average debt outstanding—NMNLC Credit Facility II | 2,480 |  |  | 8,939 |
Asset coverage ratio(7) | 182.68 | % |  | 179.28 | %
Portfolio turnover | 4.36 | % |  | 14.38 | %
(1)Per share data is based on weighted average shares outstanding for the respective period (except for distributions declared to stockholders, which is based on actual rate per share). (2)Includes the accretive effect of common stock issuances per share, which for the nine months ended September 30, 2023 and September 30, 2022 were $0.00 and $0.01, respectively (3)Total return is calculated assuming a purchase of common stock at the opening of the first day of the year and a sale on the closing of the last business day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at prices obtained under the Company’s dividend reinvestment plan. Total return does not reflect sales load. (4)Total return is calculated assuming a purchase at net asset value on the opening of the first day of the year and a sale at net asset value on the last day of the period. Dividends and distributions, if any, are assumed for purposes of this calculation, to be reinvested at the net asset value on the last day of the respective quarter. Total return does not reflect sales load. (5)Interim periods are annualized. (6)Under the NMFC Credit Facility, the Company may borrow in U.S. dollars or certain other permitted currencies. As of September 30, 2023 and September 30, 2022, the Company had borrowings denominated in GBP of £22,850 and £22,850, respectively, and borrowings denominated in EUR of €700 and €700, respectively, that have been converted to U.S. dollars. (7)On November 5, 2014, the Company received exemptive relief from the SEC allowing the Company to modify the asset coverage requirement to exclude the SBA-guaranteed debentures from this calculation.

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- Definition Tabular disclosure of financial highlights. Includes, but is not limited to, per share information, income and expense ratios, total return, capital commitment and fee waiver. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480737/946-205-50-1 + Details
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