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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenue    
Servicing and subservicing fees $ 155,103 $ 102,505
Process management fees 8,791 7,796
Other revenues 652 705
Total revenue 164,546 111,006
Operating expenses    
Compensation and benefits 30,783 14,787
Amortization of mortgage servicing rights 14,314 8,923
Servicing and origination 3,287 1,922
Technology and communications 9,349 6,872
Professional services 8,559 2,384
Occupancy and equipment 15,305 4,130
Other operating expenses 4,530 2,181
Total operating expenses 86,127 41,199
Income from operations 78,419 69,807
Other income (expense)    
Interest income 2,312 2,169
Interest expense (46,924) (37,543)
Loss on loans held for resale, net (420) (904)
Equity in earnings of unconsolidated entities 252 130
Other, net (3,520) 830
Other expense, net (48,300) (35,318)
Income before income taxes 30,119 34,489
Income tax expense 10,770 12,425
Net income 19,349 22,064
Net income attributable to non-controlling interests   10
Net income attributable to Ocwen Financial Corporation $ 19,349 $ 22,074
Earnings per share attributable to Ocwen Financial Corporation    
Basic (in Dollars per share) $ 0.15 $ 0.22
Diluted (in Dollars per share) $ 0.14 $ 0.21
Weighted average common shares outstanding    
Basic (in Shares) 130,649,595 100,762,446
Diluted (in Shares) 138,046,270 107,777,775