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Note 18 BASIC AND DILUTED EARNINGS PER SHARE (Detail) - (Table 1) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Net income attributable to Ocwen Financial Corporation (in Dollars) $ 19,349 $ 22,074
Interest expense on Convertible Notes, net of income tax (1) (in Dollars) 99 [1] 293 [1]
Adjusted net income attributable to OCN (in Dollars) 19,448 22,367
Weighted average shares of common stock 130,649,595 100,762,446
Effect of dilutive elements:    
Dilutive weighted average shares of common stock 138,046,270 107,777,775
Diluted EPS (in Dollars per share) $ 0.14 $ 0.21
Stock options excluded from the computation of diluted EPS:    
Anti-dilutive(2) 151,250 [2] 20,000 [2]
Market-based(3) (in Dollars) $ 558,750 [3] $ 1,615,000 [3]
Basic EPS (in Dollars per share) $ 0.15 $ 0.22
Convertible Debt Securities [Member]
    
Effect of dilutive elements:    
Dilutive Elements 4,057,736 [1] 4,637,224 [1]
Stock Options [Member]
    
Effect of dilutive elements:    
Dilutive Elements 3,337,571 [2],[3] 2,378,105 [2],[3]
Restricted Stock [Member]
    
Effect of dilutive elements:    
Dilutive Elements 1,368  
[1] Prior to the redemption of the Convertible Notes in March 2012, we computed their effect on diluted EPS using the if-converted method. Interest expense and related amortization costs applicable to the Convertible Notes, net of income tax, were added back to net income. We assumed the conversion of the Convertible Notes into shares of common stock for purposes of computing diluted EPS unless the effect was anti-dilutive. The effect is anti-dilutive whenever interest expense on the Convertible Notes, net of income tax, per common share obtainable on conversion exceeds basic EPS. As disclosed in Note 13, we issued 4,635,159 shares of common stock upon conversion of the Convertible Notes.
[2] These stock options were anti-dilutive because their exercise price was greater than the average market price of our stock.
[3] Shares that are issuable upon the achievement of certain performance criteria related to OCN's stock price and an annualized rate of return to investors.