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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Schedule of Investments [Line Items]    
Cost $ 3,207,549 [1] $ 3,038,208 [2]
Fair Value 3,213,780 [1] 3,011,322 [2]
Software    
Schedule of Investments [Line Items]    
Cost 914,609 815,065
Fair Value 911,461 809,401
Business Services    
Schedule of Investments [Line Items]    
Cost 572,090 561,492
Fair Value 561,459 539,926
Healthcare    
Schedule of Investments [Line Items]    
Cost 520,473 516,086
Fair Value 505,753 477,854
Investment Funds (includes investments in joint ventures)    
Schedule of Investments [Line Items]    
Cost 252,400 252,400
Fair Value 252,400 252,400
Consumer Services    
Schedule of Investments [Line Items]    
Cost 199,355 192,796
Fair Value 199,540 192,501
Education    
Schedule of Investments [Line Items]    
Cost 199,296 188,851
Fair Value 193,736 211,550
Net Lease    
Schedule of Investments [Line Items]    
Cost 95,783 95,782
Fair Value 123,587 118,407
Financial Services    
Schedule of Investments [Line Items]    
Cost 119,553 104,330
Fair Value 121,880 105,138
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 114,318 118,212
Fair Value 116,212 110,721
Energy    
Schedule of Investments [Line Items]    
Cost 65,309 61,108
Fair Value 71,371 65,170
Packaging    
Schedule of Investments [Line Items]    
Cost 67,297 43,181
Fair Value 67,563 36,007
Food & Beverage    
Schedule of Investments [Line Items]    
Cost 34,817 20,370
Fair Value 37,295 22,055
Business Products    
Schedule of Investments [Line Items]    
Cost 22,370 22,630
Fair Value 22,395 22,628
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,554 20,576
Fair Value 19,159 19,112
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 9,325 25,329
Fair Value 9,969 28,452
First lien    
Schedule of Investments [Line Items]    
Cost 2,030,553 1,709,247
Fair Value 2,017,636 1,683,952
Second lien    
Schedule of Investments [Line Items]    
Cost 284,897 472,930
Fair Value 276,961 424,513
Subordinated    
Schedule of Investments [Line Items]    
Cost 117,270 100,236
Fair Value 106,788 90,948
Equity and other    
Schedule of Investments [Line Items]    
Cost 774,829 755,795
Fair Value $ 812,395 $ 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.