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Investments - Investment Cost and Fair Value by Type and by Industry (Details) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Schedule of Investments [Line Items]    
Cost $ 3,266,313 [1] $ 3,038,208 [2]
Fair Value 3,265,271 [1] 3,011,322 [2]
Software    
Schedule of Investments [Line Items]    
Cost 930,735 815,065
Fair Value 926,639 809,401
Business Services    
Schedule of Investments [Line Items]    
Cost 583,812 561,492
Fair Value 575,852 539,926
Healthcare    
Schedule of Investments [Line Items]    
Cost 521,248 516,086
Fair Value 508,572 477,854
Investment Funds (includes investments in joint ventures)    
Schedule of Investments [Line Items]    
Cost 272,400 252,400
Fair Value 272,400 252,400
Consumer Services    
Schedule of Investments [Line Items]    
Cost 198,419 192,796
Fair Value 198,868 192,501
Education    
Schedule of Investments [Line Items]    
Cost 202,259 188,851
Fair Value 187,313 211,550
Financial Services    
Schedule of Investments [Line Items]    
Cost 120,049 104,330
Fair Value 125,294 105,138
Net Lease    
Schedule of Investments [Line Items]    
Cost 93,649 95,782
Fair Value 124,880 118,407
Distribution & Logistics    
Schedule of Investments [Line Items]    
Cost 114,318 118,212
Fair Value 115,361 110,721
Packaging    
Schedule of Investments [Line Items]    
Cost 67,398 43,181
Fair Value 68,538 36,007
Energy    
Schedule of Investments [Line Items]    
Cost 66,746 61,108
Fair Value 64,808 65,170
Food & Beverage    
Schedule of Investments [Line Items]    
Cost 38,612 20,370
Fair Value 40,852 22,055
Business Products    
Schedule of Investments [Line Items]    
Cost 26,672 22,630
Fair Value 26,692 22,628
Consumer Products    
Schedule of Investments [Line Items]    
Cost 20,639 20,576
Fair Value 19,177 19,112
Specialty Chemicals & Materials    
Schedule of Investments [Line Items]    
Cost 9,357 25,329
Fair Value 10,025 28,452
First lien    
Schedule of Investments [Line Items]    
Cost 2,083,293 1,709,247
Fair Value 2,072,485 1,683,952
Second lien    
Schedule of Investments [Line Items]    
Cost 260,689 472,930
Fair Value 250,871 424,513
Subordinated    
Schedule of Investments [Line Items]    
Cost 120,011 100,236
Fair Value 109,811 90,948
Equity and other    
Schedule of Investments [Line Items]    
Cost 802,320 755,795
Fair Value $ 832,104 $ 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.