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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Schedule of Investments [Line Items]    
Cost $ 3,094,186 [1] $ 3,038,208 [2]
Fair Value 3,069,982 [1] 3,011,322 [2]
Software    
Schedule of Investments [Line Items]    
Cost 869,441 815,065
Fair Value 868,248 809,401
Business Services    
Schedule of Investments [Line Items]    
Cost 557,071 561,492
Fair Value 544,635 539,926
Healthcare    
Schedule of Investments [Line Items]    
Cost 515,624 516,086
Fair Value 472,543 477,854
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 199,074 188,851
Fair Value 198,620 211,550
Consumer Services    
Schedule of Investments [Line Items]    
Cost 175,150 192,796
Fair Value 174,980 192,501
Net Lease    
Schedule of Investments [Line Items]    
Cost 95,783 95,782
Fair Value 122,847 118,407
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 112,800 118,212
Fair Value 116,710 110,721
Financial Services    
Schedule of Investments [Line Items]    
Cost 105,938 104,330
Fair Value 107,697 105,138
Energy    
Schedule of Investments [Line Items]    
Cost 63,179 61,108
Fair Value 67,241 65,170
Packaging    
Schedule of Investments [Line Items]    
Cost 70,605 43,181
Fair Value 61,947 36,007
Food & Beverage    
Schedule of Investments [Line Items]    
Cost 24,533 20,370
Fair Value 27,608 22,055
Business Products    
Schedule of Investments [Line Items]    
Cost 22,529 22,630
Fair Value 22,521 22,628
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,764 20,576
Fair Value 19,330 19,112
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 9,295 25,329
Fair Value 12,655 28,452
First lien    
Schedule of Investments [Line Items]    
Cost 1,767,246 1,709,247
Fair Value 1,756,997 1,683,952
Second lien    
Schedule of Investments [Line Items]    
Cost 457,473 472,930
Fair Value 414,958 424,513
Subordinated    
Schedule of Investments [Line Items]    
Cost 104,581 100,236
Fair Value 95,231 90,948
Equity and other    
Schedule of Investments [Line Items]    
Cost 764,886 755,795
Fair Value $ 802,796 $ 811,909
[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.