XML 56 R46.htm IDEA: XBRL DOCUMENT v3.22.4

Fair Value Measurements (Details) - Schedule of quantitative information about level 3 fair value measurements of our investments - Level 3 [Member] - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2022	Sep. 30, 2022
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 135,341	$ 146,675
Senior Secured First Lien Term Loans [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 65,118	$ 65,428
Valuation Methodology	Income Approach	Income Approach
Unobservable Input	Market Yield	Market Yield
Range (Weighted Average)	8.50% - 29.0% (13.85%)	8.50% - 24.00% (10.57%)
Senior Secured First Lien Term Loans One [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 4,788	$ 3,807
Valuation Methodology	Market Approach	Market Approach
Unobservable Input	EBITDA Multiple	EBITDA Multiple
Range (Weighted Average)	4.0x - 7.25x (4.9x)	4.0x - 5.0x (4.5x)
Senior Secured First Lien Term Loans Two [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 4,755	$ 4,152
Valuation Methodology	Market Approach	Market Approach
Unobservable Input	Revenue Multiple	Revenue Multiple
Range (Weighted Average)	0.2x - 0.3x (0.3x)	0.2x - 0.3x (2.5x)
Senior Secured First Lien Term Loans Three [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 1,617	$ 865
Valuation Methodology	Market Approach	Income Approach
Unobservable Input	EBITDA Multiple	Market Spread
Range (Weighted Average)	21.0x - 22.0x (21.5x)	5.75% - 6.25% (6.00%)
Equity/Warrants [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 36,672	$ 47,138
Valuation Methodology	Cost Approach	Cost Approach
Unobservable Input	Replacement Cost	Replacement Cost
Range (Weighted Average)	N/A
Equity/Warrants One [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 11,244	$ 11,444
Valuation Methodology	Market Approach	Market Approach
Unobservable Input	EBITDA Multiple	EBITDA Multiple
Range (Weighted Average)	2.0x - 32.2x (6.49x)	2.0x - 21.0x (17.4x)
Equity/Warrants Two [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 10,036	$ 9,951
Valuation Methodology	Income Approach	Income Approach
Unobservable Input	Market Yield	Market Yield
Range (Weighted Average)	0.00% - 13.75% (6.52%)	8.50% - 13.25% (12.75%)
Equity/Warrants Three [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value	$ 1,111	$ 1,283
Valuation Methodology	Market Approach	Market Approach
Unobservable Input	Sum of the Parts/Estimated proceeds	Sum of the Parts/Estimated Proceeds
Range (Weighted Average)	6.9x - 7.6x (7.3x)	8.1x - 11.4x (9.8x)
Senior Secured First Lien Term Loans Four [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair Value		$ 2,607
Valuation Methodology		Market Approach
Unobservable Input		EBITDA Multiple
Range (Weighted Average)		9.0x - 10.0x (9.5x)

X

- Definition

Range (weighted average).

+ References

No definition available.

+ Details

Name:	pfx_RangeWeightedAverage
Namespace Prefix:	pfx_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Valuation technique.

+ References

No definition available.

+ Details

Name:	pfx_ValuationTechnique
Namespace Prefix:	pfx_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Description of uncertainty of fair value measurement from use of unobservable input, including, but not limited to, inter-relationships among inputs used in fair value measurement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258

+ Details

Name:	us-gaap_FairValueMeasurementsSensitivityAnalysisDescription
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Value of the investment at close of period. For schedules of investments that are categorized, the value would be aggregated by category. For investment in and advances to affiliates, if operations of any controlled companies are different in character from those of the company, group such affiliates within divisions and by type of activities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 210
-Section 50
-Paragraph 6
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=99383244&loc=d3e12121-115841

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-Section S99
-Paragraph 5D
-Subparagraph (SX 210.12-13D(Column C))
-URI https://asc.fasb.org/extlink&oid=122147990&loc=SL120429264-123010

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 946
-SubTopic 320
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-12B(Column C))
-URI https://asc.fasb.org/extlink&oid=122147990&loc=d3e611197-123010

+ Details

Name:	us-gaap_InvestmentOwnedAtFairValue
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_SeniorSecuredFirstLienTermLoansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_SeniorSecuredFirstLienTermLoansOneMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_SeniorSecuredFirstLienTermLoansTwoMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_SeniorSecuredFirstLienTermLoansThreeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_EquityWarrantsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_EquityWarrantsOneMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_EquityWarrantsTwoMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_EquityWarrantsThreeMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_InvestmentTypeAxis=pfx_SeniorSecuredFirstLienTermLoansFourMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: