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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Schedule of Investments [Line Items]    
Cost $ 3,038,208 [1] $ 3,259,967 [2]
Fair Value 3,011,322 [1] 3,221,247 [2]
Software    
Schedule of Investments [Line Items]    
Cost 815,065 916,259
Fair Value 809,401 897,008
Business Services    
Schedule of Investments [Line Items]    
Cost 561,492 661,079
Fair Value 539,926 592,868
Healthcare    
Schedule of Investments [Line Items]    
Cost 516,086 586,311
Fair Value 477,854 548,383
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 188,851 200,117
Fair Value 211,550 239,301
Consumer Services    
Schedule of Investments [Line Items]    
Cost 192,796 126,392
Fair Value 192,501 123,880
Net Lease    
Schedule of Investments [Line Items]    
Cost 95,782 96,041
Fair Value 118,407 120,986
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 118,212 111,096
Fair Value 110,721 102,410
Financial Services    
Schedule of Investments [Line Items]    
Cost 104,330 96,021
Fair Value 105,138 95,839
Energy    
Schedule of Investments [Line Items]    
Cost 61,108 55,507
Fair Value 65,170 61,564
Packaging    
Schedule of Investments [Line Items]    
Cost 43,181 43,124
Fair Value 36,007 40,547
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 25,329 25,363
Fair Value 28,452 60,268
Information Technology    
Schedule of Investments [Line Items]    
Cost   58,638
Fair Value   58,165
Food & Beverage    
Schedule of Investments [Line Items]    
Cost 20,370  
Fair Value 22,055  
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,576 20,850
Fair Value 19,112 20,624
Business Products    
Schedule of Investments [Line Items]    
Cost 22,630 10,769
Fair Value 22,628 7,004
First lien    
Schedule of Investments [Line Items]    
Cost 1,709,247 1,816,091
Fair Value 1,683,952 1,753,967
Second lien    
Schedule of Investments [Line Items]    
Cost 472,930 632,990
Fair Value 424,513 561,207
Subordinated    
Schedule of Investments [Line Items]    
Cost 100,236 85,774
Fair Value 90,948 76,659
Equity and other    
Schedule of Investments [Line Items]    
Cost 755,795 725,112
Fair Value $ 811,909 $ 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.