XML 96 R72.htm IDEA: XBRL DOCUMENT v3.25.0.1
Borrowings - NMNLC Credit Facilities (Details) - USD ($)
$ in Thousands
 12 Months Ended
Nov. 01, 2022
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
May 01, 2022
Mar. 15, 2022
Line of Credit Facility [Line Items]                
Amortization of financing costs   $ 9,797 $ 6,780 $ 6,837        
NMNLC Credit Facility II                
Line of Credit Facility [Line Items]                
Credit facility outstanding balance   0 2,853          
Revolving Credit Facility | NMNLC Credit Facility II                
Line of Credit Facility [Line Items]                
Credit facility outstanding balance   0 2,853 3,785        
Revolving Credit Facility | NMNLC Credit Facility II | Credit Facility                
Line of Credit Facility [Line Items]                
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] SOFR              
Interest expense   161 186 252        
Non-usage fee   1 1 3        
Amortization of financing costs   $ 81 $ 87 $ 58        
Weighted average interest rate   7.50% 7.20% 3.50%        
Effective interest rate   11.60% 11.00% 4.40%        
Average debt outstanding   $ 2,362 $ 2,506 $ 7,195 $ 3,501 $ 0    
NMNLC and NM CLFX LP | Revolving Credit Facility | NMNLC Credit Facility II | Credit Facility                
Line of Credit Facility [Line Items]                
Interest rate margin 2.25%              
Commitment fee percentage on unused capacity 0.05%              
Maximum amount of borrowings available $ 27,500              
NMNLC and NM CLFX LP | Revolving Credit Facility | NMNLC Credit Facility II | Credit Facility | Minimum                
Line of Credit Facility [Line Items]                
Interest rate margin 0.35%              
New Mountain Net Lease Corporation | Revolving Credit Facility | NMNLC Credit Facility II | Credit Facility                
Line of Credit Facility [Line Items]                
Maximum amount of borrowings available             $ 10,000 $ 20,000