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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities    
Net increase in net assets resulting from operations $ 23,517 $ 28,084
Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities:    
Net realized (gains) losses on investments (37,825) 11,827
Net change in unrealized depreciation (appreciation) of investments and New Mountain Net Lease Corporation 49,077 (3,017)
Net change in unrealized (appreciation) depreciation on translation of assets and liabilities in foreign currencies (150) 23
Amortization of purchase discount (1,578) (1,762)
Amortization of deferred financing costs 2,227 1,985
Net change due to hedging activity (755) 0
Non-cash investment income (14,021) (16,527)
(Increase) decrease in operating assets:    
Cash received for purchase of undrawn portion of revolving credit or delayed draw facilities 97 120
Deferred tax asset 0 527
Interest and dividend receivable 1,200 949
Receivable from broker 0 (960)
Receivable from affiliates (34) 32
Other assets 454 (922)
(Decrease) increase in operating liabilities:    
Management fee payable (522) (20)
Incentive fee payable (1,911) 834
Payable for unsettled securities purchased 12,022 94,147
Interest payable 1,424 2,631
Deferred tax liability 22 0
Payable to broker 6,900 0
Other liabilities 1,174 (78)
Net cash flows provided by operating activities 103,916 68,279
Cash flows from financing activities    
Net proceeds from shares sold 0 47,919
Offering costs paid (75) (117)
Distributions paid (34,512) (38,265)
Repayment of 2022 Convertible Notes (1,216) 0
Proceeds from Unsecured Notes 0 296,994
Repayment of Unsecured Notes 0 (116,500)
Repayment of SBA-guaranteed debentures (37,500) 0
Distributions related to non-controlling interest in NMNLC (90) (197)
Deferred financing costs paid (1,405) (3,955)
Net cash flows used in financing activities (98,598) (30,803)
Net increase in cash and cash equivalents 5,318 37,476
Effect of foreign exchange rate changes on cash and cash equivalents (142) (99)
Cash and cash equivalents at the beginning of the period 80,320 70,090
Cash and cash equivalents at the end of the period 85,496 107,467
Supplemental disclosure of cash flow information    
Cash interest paid 27,085 25,360
Income taxes received (390) (10)
Non-cash operating activities:    
Non-cash activity on investments 61,007 20,291
Non-cash financing activities:    
Accrual for offering costs 84 79
Accrual for deferred financing costs 94 203
Investments including delayed draw facilities    
(Increase) decrease in operating assets:    
Cash paid for purchase of investments (121,120) (192,397)
Investments excluding drawn revolvers    
(Increase) decrease in operating assets:    
Proceeds from sale of investment 186,901 145,475
Drawn revolving credit facilities    
(Increase) decrease in operating assets:    
Cash paid for purchase of investments 0 (76)
Drawn revolvers    
(Increase) decrease in operating assets:    
Cash paid for purchase of investments (7,524) (7,705)
Proceeds from sale of investment 4,051 5,036
2022 Convertible Notes    
Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities:    
Amortization of debt discount (premium) (17) (29)
Unsecured Notes    
Adjustments to reconcile net increase in net assets resulting from operations to net cash (used in) provided by operating activities:    
Amortization of debt discount (premium) 307 102
Holdings Credit Facility    
Cash flows from financing activities    
Proceeds from credit facility 93,000 184,600
Repayments of credit facility (116,800) (408,100)
NMFC Credit Facility    
Cash flows from financing activities    
Proceeds from credit facility 0 18,083
Repayments of credit facility 0 (6,950)
DB Credit Facility    
Cash flows from financing activities    
Repayments of credit facility 0 (4,400)
NMNLC Credit Facility II    
Cash flows from financing activities    
Proceeds from credit facility 0 1,140
Repayments of credit facility $ 0 $ (1,055)