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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended 163 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2024
Cash flows from operating activities        
Net increase in net assets resulting from operations $ 114,503 $ 136,090 $ 74,528  
Adjustments to reconcile net (increase) decrease in net assets resulting from operations to net cash (used in) provided by operating activities:        
Net realized losses (gains) on investments and New Mountain Net Lease Corporation ("NMNLC") 41,832 32,854 (52,703)  
Net realized gains on translation of assets and liabilities in foreign currencies (420) (13) (827)  
Net change in unrealized (appreciation) depreciation of investments and NMNLC (15,675) (10,316) 84,134  
Net change in unrealized depreciation (appreciation) on translation of assets and liabilities in foreign currencies 606 (100) 1,115  
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell 3,000 39 4,883  
Amortization of purchase discount (7,406) (6,328) (5,631)  
Amortization of deferred financing costs 9,797 6,780 6,837  
Net change due to hedging activity 209 0 0  
Non-cash investment income (70,123) (61,492) (40,037)  
(Increase) decrease in operating assets:        
Cash paid for purchase of non-controlling interest in New Mountain Net Lease Corporation (4,666) 0 0  
Cash distribution received for purchase of non-controlling interest in New Mountain Net Lease Corporation 244 0 0  
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities 464 224 370  
Interest and dividend receivable 1,788 (7,907) (5,260)  
Receivable from affiliates (131) (82) 0  
Deferred tax liability (asset) 594 (594) 0  
Other assets (2,904) (6,623) 1,333  
(Decrease) increase in operating liabilities:        
Interest payable (3,235) 813 2,239  
Management fee payable 351 (408) 360  
Incentive fee payable 70 2,259 (1,207)  
Payable for unsettled securities purchased 0 0 (7,910)  
Deferred tax (liability) asset 1,410 (8,487) 8,474  
Payable to affiliates 0 (78) (478)  
Payable to broker 3,230 0 0  
Other liabilities (349) (272) 397  
Net cash flows provided by operating activities 41,999 332,729 35,006  
Cash flows from financing activities        
Net proceeds from shares sold 67,690 21,241 40,006 $ 1,034,550
Distributions paid (147,193) (150,737) (121,288)  
Offering costs paid (444) (409) (204)  
Proceeds from Unsecured Notes 594,981 115,000 75,000  
Repayment from Unsecured Notes (116,500) (140,000) (55,000)  
Proceeds from Convertible Notes 0 60,300 200,000  
Repayment of Convertible Notes 0 (116,816) (84,434)  
Contributions related to non-controlling interest in NMNLC 0 0 124  
Distributions related to non-controlling interest in NMNLC (925) (693) (9,569)  
Deferred financing costs paid (11,660) (11,888) (4,229)  
Net cash flows used in financing activities (31,360) (333,884) (21,502)  
Net increase (decrease) in cash and cash equivalents 10,639 (1,155) 13,504  
Effect of foreign exchange rate changes on cash and cash equivalents (409) 55 (391)  
Cash and cash equivalents at the beginning of the period 70,090 71,190 58,077  
Cash and cash equivalents at the end of the period 80,320 70,090 71,190 $ 80,320
Supplemental disclosure of cash flow information        
Cash interest paid 127,312 115,521 81,826  
Income taxes paid 152 11,577 901  
Non-cash operating activities:        
Non-cash activity on investments 26,350 15,772 0  
Non-cash financing activities:        
Value of shares issued in connection with reinvestment of distributions 0 0 1,098  
Accrual for offering costs 106 147 68  
Accrual for deferred financing costs 108 213 152  
Investments Including Delayed Draw Facilities        
(Increase) decrease in operating assets:        
Cash paid for purchase of investments (806,327) (283,663) (620,885)  
Investments Excluding Drawn Revolvers        
(Increase) decrease in operating assets:        
Proceeds from sale of investment 780,102 540,460 583,840  
Drawn Revolving Credit Facilities        
(Increase) decrease in operating assets:        
Cash paid for purchase of investments (48) 0 (185)  
Drawn Revolvers        
(Increase) decrease in operating assets:        
Cash paid for purchase of investments (37,194) (28,090) (41,078)  
Proceeds from sale of investment 31,657 27,793 42,827  
Holdings Credit Facility        
Cash flows from financing activities        
Proceeds from Credit Facility 592,700 199,600 277,400  
Repayments of Credit Facility (813,400) (303,500) (203,700)  
NMFC Credit Facility        
Cash flows from financing activities        
Proceeds from Credit Facility 125,279 348,500 212,707  
Repayments of Credit Facility (132,635) (353,550) (297,000)  
DB Credit Facility        
Cash flows from financing activities        
Proceeds from Credit Facility 0 8,000 108,600  
Repayments of Credit Facility (186,400) (8,000) (148,500)  
NMNLC Credit Facility II        
Cash flows from financing activities        
Proceeds from Credit Facility 7,710 6,305 5,288  
Repayments of Credit Facility (10,563) (7,237) (16,703)  
Convertible Notes        
Adjustments to reconcile net (increase) decrease in net assets resulting from operations to net cash (used in) provided by operating activities:        
Amortization of debt discount (premium) (116) (130) (130)  
Unsecured Notes        
Adjustments to reconcile net (increase) decrease in net assets resulting from operations to net cash (used in) provided by operating activities:        
Amortization of debt discount (premium) $ 736 $ 0 $ 0