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Note 18 BASIC AND DILUTED EARNINGS PER SHARE (Tables)
 3 Months Ended
Mar. 31, 2012
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
    2012   2011
Basic EPS:        
Net income attributable to Ocwen Financial Corporation   $ 19,349     $ 22,074  
                 
Weighted average shares of common stock     130,649,595       100,762,446  
                 
Basic EPS   $ 0.15     $ 0.22  
                 
Diluted EPS:                
Net income attributable to Ocwen Financial Corporation   $ 19,349     $ 22,074  
Interest expense on Convertible Notes, net of income tax (1)     99       293  
Adjusted net income attributable to OCN   $ 19,448     $ 22,367  
                 
Weighted average shares of common stock     130,649,595       100,762,446  
Effect of dilutive elements:                
Convertible Notes (1)     4,057,736       4,637,224  
Stock options (2) (3)     3,337,571       2,378,105  
Common stock awards     1,368       —  
Dilutive weighted average shares of common stock     138,046,270       107,777,775  
                 
Diluted EPS   $ 0.14     $ 0.21  
                 
Stock options excluded from the computation of diluted EPS:                
Anti-dilutive(2)     151,250       20,000  
Market-based(3)     558,750       1,615,000