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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net income $ 19,349 $ 22,064
Other comprehensive income (loss), net of income taxes:    
Unrealized foreign currency translation income arising during the period (1) 1 [1] 20 [1]
Change in deferred loss on cash flow hedges arising during the period (2) (1,187) [2] 1,945 [2]
Reclassification adjustment for losses on cash flow hedges included in net income (3) 4,259 [3] 155 [3]
Net change in deferred loss on cash flow hedges 3,072 2,100
Other (4) 1 [4] 1 [4]
Total other comprehensive income, net of income taxes 3,074 2,121
Comprehensive income 22,423 24,185
Comprehensive income attributable to Ocwen Financial Corporation $ 22,423 $ 24,185
[1] Net of income tax expense of $13 for the three months ended March 31, 2011.
[2] Net of income tax benefit (expense) of $704 and $(1,073) for the three months ended March 31, 2012 and 2011, respectively.
[3] Net of income tax expense of $2,408 and $88 for the three months ended March 31, 2012 and 2011, respectively.
[4] Net of income tax expense of $1 and $1 for the three months ended March 31, 2012 and 2011, respectively.