| Schedule of Net Assets |
The table below illustrates the effect of certain transactions on the net asset accounts of the Company during the three and nine months ended September 30, 2022: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated Overdistributed Earnings | | | | | | | | | Common Stock | | Paid in Capital in Excess | | Accumulated Net Investment | | Accumulated Net Realized | | Net Unrealized Appreciation | | Total Net Assets | | Non- Controlling Interest in | | Total | | | Shares | | Par Amount | | of Par | | Income | | (Losses) Gains | | (Depreciation) | | of NMFC | | NMNLC | | Net Assets | | Net assets at December 31, 2021 | 97,907,441 | | | $ | 979 | | | $ | 1,272,796 | | | $ | 118,330 | | | $ | (92,099) | | | $ | 21,239 | | | $ | 1,321,245 | | | $ | 21,367 | | | $ | 1,342,612 | | | Issuances of common stock | 1,591,121 | | | 16 | | | 21,556 | | | — | | | — | | | — | | | 21,572 | | | — | | | 21,572 | | |
|
|
| Offering costs | — | | | — | | | (52) | | | — | | | — | | | — | | | (52) | | | — | | | (52) | | | Distributions declared | — | | | — | | | — | | | (29,589) | | | — | | | — | | | (29,589) | | | (3,750) | | | (33,339) | | |
| Net increase (decrease) in net assets resulting from operations | — | | | — | | | — | | | 29,573 | | | 17,596 | | | (10,977) | | | 36,192 | | | 855 | | | 37,047 | | | Net assets at March 31, 2022 | 99,498,562 | | | $ | 995 | | | $ | 1,294,300 | | | $ | 118,314 | | | $ | (74,503) | | | $ | 10,262 | | | $ | 1,349,368 | | | $ | 18,472 | | | $ | 1,367,840 | | | Issuances of common stock | 1,218,366 | | | 12 | | | 16,565 | | | — | | | — | | | — | | | 16,577 | | | — | | | 16,577 | | |
|
|
| Offering costs | — | | | — | | | (74) | | | — | | | — | | | — | | | (74) | | | | | (74) | | | Distributions declared | — | | | — | | | — | | | (30,215) | | | — | | | — | | | (30,215) | | | (4,190) | | | (34,405) | | | Contributions related to non-controlling interest in NMNLC | — | | | — | | | — | | | — | | | — | | | — | | | — | | | 123 | | | 123 | | | Net increase (decrease) in net assets resulting from operations | — | | | — | | | — | | | 31,396 | | | 14,849 | | | (30,291) | | | 15,954 | | | (814) | | | 15,140 | | | Net assets at June 30, 2022 | 100,716,928 | | | $ | 1,007 | | | $ | 1,310,791 | | | $ | 119,495 | | | $ | (59,654) | | | $ | (20,029) | | | $ | 1,351,610 | | | $ | 13,591 | | | $ | 1,365,201 | | | Issuances of common stock | 220,098 | | | 2 | | | 2,953 | | | — | | | — | | | — | | | 2,955 | | | — | | | 2,955 | | |
|
|
| Offering costs | — | | | — | | | (34) | | | — | | | — | | | — | | | (34) | | | — | | | (34) | | | Distributions declared | — | | | — | | | — | | | (30,281) | | | — | | | — | | | (30,281) | | | (257) | | | (30,538) | | | Contributions related to non-controlling interest in NMNLC | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | Net increase (decrease) in net assets resulting from operations | — | | | — | | | — | | | 32,527 | | | (390) | | | (24,432) | | | 7,705 | | | (191) | | | 7,514 | | | Net assets at September 30, 2022 | 100,937,026 | | | $ | 1,009 | | | $ | 1,313,710 | | | $ | 121,741 | | | $ | (60,044) | | | $ | (44,461) | | | $ | 1,331,955 | | | $ | 13,143 | | | $ | 1,345,098 | |
The table below illustrates the effect of certain transactions on the net asset accounts of the Company during the three and nine months ended September 30, 2021: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Accumulated Undistributed (Overdistributed) Earnings | | | | | | | | | Common Stock | | Paid in Capital in Excess | | Accumulated Net Investment | | Accumulated Net Realized (Losses) | | Net Unrealized Appreciation | | Total Net Assets | | Non-Controlling Interest in | | Total | | | Shares | | Par Amount | | of Par | | Income | | Gains | | (Depreciation) | | of NMFC | | NMNLC | | Net Assets | | Net assets at December 31, 2020 | 96,827,342 | | | $ | 968 | | | $ | 1,269,671 | | | $ | 105,981 | | | $ | (88,250) | | | $ | (66,495) | | | $ | 1,221,875 | | | $ | 15,014 | | | $ | 1,236,889 | | |
|
|
|
|
| Distributions declared | — | | | — | | | — | | | (29,048) | | | — | | | — | | | (29,048) | | | (301) | | | (29,349) | | | Contributions related to non-controlling interest in NMNLC | — | | | — | | | — | | | — | | | — | | | — | | | — | | | 3,403 | | | 3,403 | | | Net increase (decrease) in net assets resulting from operations | — | | | — | | | — | | | 28,668 | | | (10,496) | | | 33,318 | | | 51,490 | | | 365 | | | 51,855 | | | Net assets at March 31, 2021 | 96,827,342 | | | $ | 968 | | | $ | 1,269,671 | | | $ | 105,601 | | | $ | (98,746) | | | $ | (33,177) | | | $ | 1,244,317 | | | $ | 18,481 | | | $ | 1,262,798 | | | Issuances of common stock | 79,646 | | | 1 | | 1,048 | | | — | | | — | | | — | | | 1,049 | | | — | | | 1,049 | | |
|
|
|
| Distributions declared | — | | | — | | | — | | | (29,048) | | | — | | | — | | | (29,048) | | | (330) | | | (29,378) | | | Distributions related to non-controlling interest in NMNLC | — | | | — | | | — | | | — | | | — | | | — | | | — | | | (2,561) | | | (2,561) | | | Net increase in net assets resulting from operations | — | | | — | | | — | | | 28,845 | | | 180 | | | 46,787 | | | 75,812 | | | 3,366 | | | 79,178 | | | Net assets at June 30, 2021 | 96,906,988 | | | $ | 969 | | | $ | 1,270,719 | | | $ | 105,398 | | | $ | (98,566) | | | $ | 13,610 | | | $ | 1,292,130 | | | $ | 18,956 | | | $ | 1,311,086 | | |
|
|
|
|
| Distributions declared | — | | | — | | | — | | | (29,072) | | | — | | | — | | | (29,072) | | | (278) | | | (29,350) | | | Contributions related to non-controlling interest in NMNLC | — | | | — | | | — | | | — | | | — | | | — | | | — | | | 317 | | | 317 | | | Net increase (decrease) in net assets resulting from operations | — | | | — | | | — | | | 30,338 | | | 23,008 | | | (31,499) | | | 21,847 | | | 1,058 | | | 22,905 | | | Net assets at September 30, 2021 | 96,906,988 | | | $ | 969 | | | $ | 1,270,719 | | | $ | 106,664 | | | $ | (75,558) | | | $ | (17,889) | | | $ | 1,284,905 | | | $ | 20,053 | | | $ | 1,304,958 | |
|