XML 24 R27.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Commercial Mortgage Banking (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2013
Text Block [Abstract] |
Summary of Changes in Carrying Value of Mortgage Servicing Rights | The following tables summarize the changes in carrying value of MSRs for the nine months ended September 30, 2013 and 2012: (Expressed in thousands)
Balance, as of December 31, 2012 |  | $ | 26,983 |
Originations (1) |  |  | 5,668 |
Purchases |  |  | 1,108 |
Disposals (1) |  |  | (4,518 | )
Amortization expense |  |  | (1,120 | )
Balance, as of September 30, 2013 |  | $ | 28,121 |
(1) | Includes refinancing.
(Expressed in thousands)
Balance, as of December 31, 2011 |  | $ | 22,795 |
Originations (1) |  |  | 4,337 |
Purchases |  |  | 2,582 |
Disposals (1) |  |  | (450 | )
Amortization expense |  |  | (2,337 | )
Balance, as of September 30, 2012 |  | $ | 26,927 |
(1) | Includes refinancing.
Schedule of Amortization Expense | Servicing rights are amortized using the straight-line method over 10 years. Amortization expense for the next five years is as follows: (Expressed in thousands)
2013 |  | $ | 3,538 |
2014 |  |  | 3,531 |
2015 |  |  | 3,531 |
2016 |  |  | 3,498 |
2017 |  |  | 3,435 |
Thereafter |  |  | 10,588 |
|  | $ | 28,121 |
Components of Mortgage Servicing Rights Fees | The Company receives fees during the course of servicing the mortgage loans. The amount of these fees for the three and nine months ended September 30, 2013 and 2012 were as follows: (Expressed in thousands)
|  | For the Three Months Ended September 30, |  |  | For the Nine Months Ended September 30, |
|  | 2013 |  |  | 2012 |  |  | 2013 |  |  | 2012 |
Servicing fees |  | $ | 1,287 |  |  | $ | 1,080 |  |  | $ | 3,739 |  |  | $ | 3,016 |
Late fees |  |  | 19 |  |  |  | 25 |  |  |  | 94 |  |  |  | 25 |
Ancillary fees |  |  | 170 |  |  |  | 128 |  |  |  | 291 |  |  |  | 320 |
Total MSR fees |  | $ | 1,476 |  |  | $ | 1,233 |  |  | $ | 4,124 |  |  | $ | 3,361 |

X
- Definition Servicing revenue and fees. + References No definition available. + Details
Name: | opy_ServicingRevenueAndFeesTableTextBlock
Namespace Prefix: | opy_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=26713463&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of activity in the balance of servicing assets subsequently measured at amortized cost. Includes, but is not limited to, beginning and ending balances, additions, disposals, and amortization. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 860 -SubTopic 50 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7882072&loc=d3e122739-111746 + Details
Name: | us-gaap_ScheduleOfServicingAssetsAtAmortizedValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_TextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration