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Consolidated Statements of Changes in Net Assets - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Increase (decrease) in net assets resulting from operations:        
Net investment income $ 34,585 $ 38,439 $ 69,226 $ 75,993
Net realized gains (losses) on investments and foreign currency 13,389 (31,166) 51,214 (42,993)
Net change in unrealized (depreciation) appreciation of investments, foreign currency and New Mountain Net Lease Corporation (40,078) 30,641 (89,005) 33,635
Net change in unrealized depreciation of securities purchased under collateralized agreements to resell 0 (3,000) 0 (3,000)
Provision for taxes (21) (130) (43) (767)
Net increase in net assets resulting from operations 7,875 34,784 31,392 62,868
Capital transactions        
Repurchase of shares under repurchase program (9,642)   (9,642)  
Offering costs   (388)    
Distributions declared to stockholders from net investment income (34,589) (36,834)    
Beginning of the period 1,348,178 1,369,183 1,359,291 1,331,723
Ending of the period $ 1,311,836 $ 1,386,517 $ 1,311,836 $ 1,386,517
Capital share activity        
Shares sold (in shares) 0 1,562,122 0 5,292,556
Conversion of 2022 Convertible Notes (in shares) 514 0 514 0
Shares repurchased under repurchase program (in shares) (925,216) 0 (925,216) 0
Net increase in shares outstanding (in shares) (924,702) 1,562,122 (924,702) 5,292,556
Non-Controlling Interest in NMNLC        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations $ 101 $ 313 $ 205 $ 989
Capital transactions        
Distributions declared to stockholders from net investment income (90) (165)    
Beginning of the period 5,966 12,251 5,952 11,772
Ending of the period 5,977 12,399 5,977 12,399
New Mountain Finance Corporation        
Increase (decrease) in net assets resulting from operations:        
Net increase in net assets resulting from operations 7,774 34,471 31,187 61,879
Capital transactions        
Net proceeds from shares sold 0 19,772 0 67,691
Repurchase of shares under repurchase program (9,642) 0 (9,642) 0
Offering costs 14 (388) (14) (469)
Distributions declared to stockholders from net investment income (34,499) (36,669) (69,011) (74,934)
Total net (decrease) increase in net assets resulting from capital transactions (44,127) (17,285) (78,667) (7,712)
Net (decrease) increase in net assets (36,353) 17,186 (47,480) 54,167
Beginning of the period 1,342,212 1,356,932 1,353,339 1,319,951
Ending of the period $ 1,305,859 $ 1,374,118 $ 1,305,859 $ 1,374,118