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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenue      
Servicing and subservicing fees $ 458,875 $ 321,699 $ 264,467
Process management fees 34,233 33,704 108,082
Other revenues 2,822 4,978 8,179
Total revenue 495,930 360,381 380,728
Operating expenses      
Compensation and benefits 99,844 87,644 87,620
Amortization of servicing rights 42,996 31,455 32,228
Servicing and origination 8,254 6,851 38,653
Technology and communications 33,617 25,644 20,066
Professional services 19,961 42,837 26,200
Occupancy and equipment 23,759 32,924 18,985
Other operating expenses 11,153 9,119 11,902
Total operating expenses 239,584 236,474 235,654
Income from operations 256,346 123,907 145,074
Other income (expense)      
Interest income 8,876 10,859 8,786
Interest expense (132,770) (85,923) (62,954)
Gain (loss) on trading securities   (7,968) 11,187
Loss on loans held for resale, net (4,529) (5,865) (11,132)
Equity in earnings (losses) of unconsolidated entities (746) 1,371 (2,933)
Other, net (4,182) 2,773 5,233
Other expense, net (133,351) (84,753) (51,813)
Income from continuing operations before income taxes 122,995 39,154 93,261
Income tax expense 44,672 5,545 96,110
Income (loss) from continuing operations 78,323 33,609 (2,849)
Income from discontinued operations, net of income taxes   4,383 3,121
Net income 78,323 37,992 272
Net loss (income) attributable to non-controlling interests 8 (8) 25
Net income attributable to OCN $ 78,331 $ 37,984 $ 297
Basic earnings per share      
Income (loss) from continuing operations (in Dollars per share) $ 0.75 $ 0.34 $ (0.04)
Income from discontinued operations (in Dollars per share)   $ 0.04 $ 0.04
Net income attributable to OCN (in Dollars per share) $ 0.75 $ 0.38  
Diluted earnings per share      
Income (loss) from continuing operations (in Dollars per share) $ 0.71 $ 0.32 $ (0.04)
Income from discontinued operations (in Dollars per share)   $ 0.04 $ 0.04
Net income attributable to OCN (in Dollars per share) $ 0.71 $ 0.36  
Weighted average common shares outstanding      
Basic (in Shares) 104,507,055 100,273,121 78,252,000
Diluted (in Shares) 111,855,961 107,483,015 78,252,000