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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Schedule of Investments [Line Items]    
Cost $ 3,168,719 [1] $ 3,259,967 [2]
Fair Value 3,111,903 [1] 3,221,247 [2]
Software    
Schedule of Investments [Line Items]    
Cost 831,652 916,259
Fair Value 820,492 897,008
Business Services    
Schedule of Investments [Line Items]    
Cost 606,262 661,079
Fair Value 540,834 592,868
Healthcare    
Schedule of Investments [Line Items]    
Cost 560,096 586,311
Fair Value 535,665 548,383
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 221,749 200,117
Fair Value 249,225 239,301
Consumer Services    
Schedule of Investments [Line Items]    
Cost 163,407 126,392
Fair Value 161,335 123,880
Net Lease    
Schedule of Investments [Line Items]    
Cost 95,782 96,041
Fair Value 118,081 120,986
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 110,807 111,096
Fair Value 104,712 102,410
Financial Services    
Schedule of Investments [Line Items]    
Cost 102,058 96,021
Fair Value 102,875 95,839
Energy    
Schedule of Investments [Line Items]    
Cost 59,872 55,507
Fair Value 63,935 61,564
Information Technology    
Schedule of Investments [Line Items]    
Cost 58,688 58,638
Fair Value 59,189 58,165
Packaging    
Schedule of Investments [Line Items]    
Cost 42,964 43,124
Fair Value 38,814 40,547
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 26,046 25,363
Fair Value 27,804 60,268
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,622 20,850
Fair Value 19,014 20,624
Business Products    
Schedule of Investments [Line Items]    
Cost 10,772 10,769
Fair Value 10,788 7,004
Food & Beverage    
Schedule of Investments [Line Items]    
Cost 5,542  
Fair Value 6,740  
First lien    
Schedule of Investments [Line Items]    
Cost 1,759,410 1,816,091
Fair Value 1,691,480 1,753,967
Second lien    
Schedule of Investments [Line Items]    
Cost 567,583 632,990
Fair Value 529,613 561,207
Subordinated    
Schedule of Investments [Line Items]    
Cost 95,993 85,774
Fair Value 86,238 76,659
Equity and other    
Schedule of Investments [Line Items]    
Cost 745,733 725,112
Fair Value $ 804,572 $ 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.