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Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Increase (decrease) in net assets resulting from operations:        
Net investment income $ 35,388 $ 40,674 $ 111,381 $ 118,990
Net realized (losses) gains on investments and foreign currency (1,986) 4,673 (44,979) 7,917
Net change in unrealized (depreciation) appreciation of investments, foreign currency and New Mountain Net Lease Corporation (8,471) (16,939) 25,164 (18,345)
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell 0 0 (3,000) (39)
(Provision) benefit for taxes (1,037) 291 (1,804) 66
Net increase in net assets resulting from operations 23,894 28,699 86,762 108,589
Capital transactions        
Offering costs (43) (66)    
Distributions declared to stockholders from net investment income (36,834) (36,526)    
Beginning of the period 1,386,517 1,337,962 1,331,723 1,326,191
Ending of the period $ 1,367,579 $ 1,336,694 $ 1,367,579 $ 1,336,694
Capital share activity        
Shares sold (in shares) 0 502,623 5,292,556 502,623
Net increase in shares outstanding (in shares) 0 502,623 5,292,556 502,623
Non-Controlling Interest in NMNLC        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations $ 5 $ 3 $ 994 $ 490
Capital transactions        
Distributions declared to stockholders from net investment income (166) (188)    
Beginning of the period 12,399 11,861 11,772 11,718
Ending of the period 6,283 11,676 6,283 11,676
New Mountain Finance Corporation        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations 23,889 28,696 85,768 108,099
Capital transactions        
Net proceeds from shares sold 0 6,625 67,691 6,625
Offering costs (43) (66) (512) (213)
Distributions declared to stockholders from net investment income (36,668) (36,338) (111,602) (103,966)
Total net decrease in net assets resulting from capital transactions (36,711) (29,779) (44,423) (97,554)
Net (decrease) increase in net assets (12,822) (1,083) 41,345 10,545
Beginning of the period 1,374,118 1,326,101 1,319,951 1,314,473
Ending of the period $ 1,361,296 $ 1,325,018 $ 1,361,296 $ 1,325,018