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Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Increase (decrease) in net assets resulting from operations:        
Net investment income $ 40,674 $ 32,809 $ 118,990 $ 94,421
Net realized gains (losses) on investments and foreign currency 4,673 (388) 7,917 35,687
Net change in unrealized depreciation of investments and foreign currency (16,939) (24,937) (18,345) (68,259)
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell 0 0 (39) (2,021)
Benefit (provision) for taxes 291 30 66 (127)
Net increase in net assets resulting from operations 28,699 7,514 108,589 59,701
Capital transactions        
Offering costs (66) (34)    
Distributions declared to stockholders from net investment income (36,526) (30,538)    
Beginning of the period 1,337,962 1,365,201 1,326,191 1,342,612
Ending of the period $ 1,336,694 $ 1,345,098 $ 1,336,694 $ 1,345,098
Capital share activity        
Shares sold (in shares) 502,623 220,098 502,623 2,950,300
Shares issued from the reinvestment of distributions (in shares) 0 0 0 79,285
Net increase in shares outstanding (in shares) 502,623 220,098 502,623 3,029,585
Non-Controlling Interest in NMNLC        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations $ 3 $ (191) $ 490 $ (150)
Capital transactions        
Distributions declared to stockholders from net investment income (188) (257)    
Beginning of the period 11,861 13,591 11,718 21,367
Ending of the period 11,676 13,143 11,676 13,143
New Mountain Finance Corporation        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations 28,696 7,705 108,099 59,851
Capital transactions        
Net proceeds from shares sold 6,625 2,955 6,625 40,006
Offering costs (66) (34) (213) (160)
Distributions declared to stockholders from net investment income (36,338) (30,281) (103,966) (90,085)
Reinvestment of distributions 0 0 0 1,098
Total net decrease in net assets resulting from capital transactions (29,779) (27,360) (97,554) (49,141)
Net (decrease) increase in net assets (1,083) (19,655) 10,545 10,710
Beginning of the period 1,326,101 1,351,610 1,314,473 1,321,245
Ending of the period $ 1,325,018 $ 1,331,955 $ 1,325,018 $ 1,331,955