XML 72 R49.htm IDEA: XBRL DOCUMENT v3.25.2
Investments - NMFC Senior Loan Program IV LLC (Details)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended 11 Months Ended
Dec. 20, 2024
Jun. 30, 2025
USD ($)
investment
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
investment
Jun. 30, 2024
USD ($)
Dec. 20, 2024
Mar. 27, 2024
Dec. 31, 2024
USD ($)
investment
May 05, 2021
USD ($)
Schedule of Investments [Line Items]                  
Cost   $ 3,097,390 [1]   $ 3,097,390 [1]       $ 3,101,924 [2]  
Investments at fair value   3,000,696 [1]   3,000,696 [1]       3,091,024 [2]  
Interest and dividend receivable   43,156   43,156       42,379  
SLP IV                  
Schedule of Investments [Line Items]                  
Cost   112,400   112,400          
Dividend income   3,794 $ 4,004 7,728 $ 8,360        
Interest and dividend receivable   3,794   3,794       4,075  
SLP IV | SkyKnight Alpha                  
Schedule of Investments [Line Items]                  
Cost   30,600   $ 30,600          
SLP IV                  
Schedule of Investments [Line Items]                  
Investment period       5 years          
Cost   463,638   $ 463,638       474,738  
Investments at fair value   $ 453,120   $ 453,120       $ 469,326  
Number of investments on non-accrual | investment   0   0       0  
SLP IV | Delayed Draw Term Loan (DDTL)                  
Schedule of Investments [Line Items]                  
Unfunded commitments principal amount   $ 2,772   $ 2,772       $ 1,212  
SLP IV | Revolving Credit Facility                  
Schedule of Investments [Line Items]                  
Credit facility   $ 319,437   $ 319,437       $ 334,437  
SLP IV | Revolving Credit Facility | Credit Facility                  
Schedule of Investments [Line Items]                  
Maximum borrowing capacity                 $ 370,000
Interest rate margin 1.50%         1.90% 1.70%    
[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.