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Net Assets (Tables) | 12 Months Ended
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Dec. 31, 2023
Stockholders' Equity Note [Abstract] |
Schedule of Net Assets | During the years ended December 31, 2023, December 31, 2022 and December 31, 2021, the Company's reclassifications of amounts for book purposes arising from permanent book/tax differences primarily related to return of capital distributions were as follows:
| Year Ended December 31,
| 2023 |  | 2022 |  | 2021
Undistributed net investment income | $ | (5,367) |  |  | $ | 33,152 |  |  | $ | 10,476 |
Distributions in excess of net realized gains | 898 |  |  | (25,449) |  |  | — |
Additional paid-in-capital | 4,469 |  |  | (7,703) |  |  | (10,476) |
The table below illustrates the effect of certain transactions on the net asset accounts of the Company during the years ended December 31, 2023, December 31, 2022 and December 31, 2021:
|  |  |  |  |  |  |  |  |  |  |  |  | Accumulated Overdistributed Earnings |  |  |  |  |  |
|  | Common Stock |  |  |  |  | Paid in Capital in Excess of Par |  |  | Accumulated Net Investment Income |  |  | Accumulated Net Realized Gains (Losses) |  |  | Net Unrealized Appreciation (Depreciation) |  | Total Net Assets of NMFC |  | Non-Controlling Interest in NMNLC |  | Total Net Assets
|  | Shares |  |  | Par Amount |  |  |  |  |  |  |  |  |  |  |  |
Net assets at December 31, 2020 |  | 96,827,342 |  |  |  | $ | 968 |  |  |  |  |  | $ | 1,269,671 |  |  |  | $ | 105,981 |  |  |  | $ | (88,250) |  |  |  | $ | (66,495) |  |  | $ | 1,221,875 |  |  | $ | 15,014 |  |  | $ | 1,236,889 |
Issuances of common stock |  | 1,080,099 |  |  |  | 11 |  |  |  |  |  | 14,644 |  |  |  | — |  |  |  | — |  |  |  | — |  |  | 14,655 |  |  | — |  |  | 14,655 |
Offering costs |  | — |  |  |  | — |  |  |  |  |  | (231) |  |  |  | — |  |  | — |  | — |  |  |  | — |  |  | (231) |  |  | — |  |  | (231) |
Distributions declared |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | (116,453) |  |  |  | — |  |  |  | — |  |  | (116,453) |  |  | (1,222) |  |  | (117,675) |
Contributions related to non-controlling interest in NMNLC |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | — |  |  | 1,792 |  |  | 1,792 |
Net increase (decrease) in net assets resulting from operations |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | 117,514 |  |  |  | (3,849) |  |  |  | 87,734 |  |  | 201,399 |  |  | 5,783 |  |  | 207,182 |
Tax reclassifications related to return of capital distributions (See Note 10) |  | — |  |  |  | — |  |  |  |  |  | (11,288) |  |  |  | 11,288 |  |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  | — |
Net assets at December 31, 2021 |  | 97,907,441 |  |  |  | $ | 979 |  |  |  |  |  | $ | 1,272,796 |  |  |  | $ | 118,330 |  |  |  | $ | (92,099) |  |  |  | $ | 21,239 |  |  | $ | 1,321,245 |  |  | $ | 21,367 |  |  | $ | 1,342,612 |
Issuances of common stock |  | 3,029,585 |  |  |  | 30 |  |  |  |  |  | 41,074 |  |  |  | — |  |  |  | — |  |  |  | — |  |  | 41,104 |  |  | — |  |  | 41,104 |
Offering costs |  | — |  |  |  | — |  |  |  |  |  | (222) |  |  |  | — |  |  |  | — |  |  |  | — |  |  | (222) |  |  | — |  |  | (222) |
Distributions declared |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | (122,386) |  |  |  | — |  |  |  | — |  |  | (122,386) |  |  | (9,569) |  |  | (131,955) |
Contributions related to non-controlling interest in NMNLC |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | — |  |  | 124 |  |  | 124 |
Net increase (decrease) in net assets resulting from operations |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | 118,497 |  |  |  | 49,476 |  |  |  | (93,241) |  |  | 74,732 |  |  | (204) |  |  | 74,528 |
Tax reclassifications related to return of capital distributions (See Note 10) |  | — |  |  |  | — |  |  |  |  |  | (7,703) |  |  |  | 33,152 |  |  |  | (25,449) |  |  |  | — |  |  | — |  |  | — |  |  | — |
Net assets at December 31, 2022 |  | 100,937,026 |  |  |  | $ | 1,009 |  |  |  |  |  | $ | 1,305,945 |  |  |  | $ | 147,593 |  |  |  | $ | (68,072) |  |  |  | $ | (72,002) |  |  | $ | 1,314,473 |  |  | $ | 11,718 |  |  | $ | 1,326,191 |
Issuances of common stock |  | 1,621,833 |  |  |  | 17 |  |  |  |  |  | 21,224 |  |  |  | — |  |  |  | — |  |  |  | — |  |  | 21,241 |  |  | — |  |  | 21,241 |
Offering costs |  | — |  |  |  | — |  |  |  |  |  | (369) |  |  |  | — |  |  |  | — |  |  |  | — |  |  | (369) |  |  | — |  |  | (369) |
Distributions declared |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | (150,737) |  |  |  | — |  |  |  | — |  |  | (150,737) |  |  | (693) |  |  | (151,430) |
Contributions related to non-controlling interest in NMNLC |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | — |  |  | — |  |  | — |  |  | — |
Net increase (decrease) in net assets resulting from operations |  | — |  |  |  | — |  |  |  |  |  | — |  |  |  | 158,918 |  |  |  | (32,841) |  |  |  | 9,266 |  |  | 135,343 |  |  | 747 |  |  | 136,090 |
Tax reclassifications related to return of capital distributions (See Note 10) |  | — |  |  |  | — |  |  |  |  |  | 4,469 |  |  |  | (5,367) |  |  |  | 898 |  |  |  | — |  |  | — |  |  | — |  |  | — |
Net assets at December 31, 2023 |  | 102,558,859 |  |  |  | $ | 1,026 |  |  |  |  |  | $ | 1,331,269 |  |  |  | $ | 150,407 |  |  |  | $ | (100,015) |  |  |  | $ | (62,736) |  |  | $ | 1,319,951 |  |  | $ | 11,772 |  |  | $ | 1,331,723 |

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