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Note 24 BASIC AND DILUTED EARNINGS PER SHARE (Detail) - Table 1 (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net income attributable to Ocwen common stockholders $ 180,778 $ 78,331 $ 37,984
Preferred stock dividends (1)    [1]    [1]    [1]
Interest expense on Convertible Notes, net of income tax (2) 107 [2] 1,187 [2] 1,122 [2]
Adjusted net income attributable to Ocwen 181,885 79,518 39,106
Weighted average shares of common stock (in Shares) 133,912,643 104,507,055 100,273,121
Effect of dilutive elements:      
Dilutive weighted average shares of common stock (in Shares) 138,521,279 111,855,961 107,483,015
Diluted EPS (in Dollars per share) $ 1.31 $ 0.71 $ 0.36
Stock options excluded from the computation of diluted EPS:      
Anti-dilutive Securities (in Shares) 143,125 [3] 27,031 [3] 20,000 [3]
Basic EPS (in Dollars per share) $ 1.35 $ 0.75 $ 0.38
Market Based [Member]
     
Stock options excluded from the computation of diluted EPS:      
Anti-dilutive Securities (in Shares) 1,535,000 [4] 468,750 [4] 1,615,000 [4]
Preferred Stock [Member]
     
Effect of dilutive elements:      
Dilutive Securities    [1]    [1]    [1]
Debt Securities Convertible Notes [Member]
     
Effect of dilutive elements:      
Dilutive Securities 1,008,891 [2] 4,637,224 [2] 4,637,224 [2]
Employee Stock Option [Member]
     
Effect of dilutive elements:      
Dilutive Securities 3,593,419 2,711,682 2,571,282
Common Stock Awards [Member]
     
Effect of dilutive elements:      
Dilutive Securities $ 6,326   $ 1,388
[1] The effect of our Preferred Shares on diluted EPS is computed using the if-converted method. We assumed no conversion to common shares for 2012 because the effect was anti-dilutive.
[2] Prior to the redemption of the Convertible Notes in March 2012, we also 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. As disclosed in Note 15, we issued 4,635,159 shares of common stock upon conversion of $56,410 of the Convertible Notes.
[3] These stock options were anti-dilutive because their exercise price was greater than the average market price of our stock.
[4] 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. See Note 25 for additional information regarding these market-condition options.