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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenue        
Servicing and subservicing fees $ 482,632 $ 200,335 $ 850,125 $ 355,424
Gain on loans held for sale, net 21,631   28,380  
Other revenues 25,702 11,046 56,303 20,489
Total revenue 529,965 211,381 934,808 375,913
Operating expenses        
Compensation and benefits 117,999 30,004 212,625 60,787
Amortization of servicing rights 70,369 19,097 118,252 33,411
Servicing and origination 11,747 5,877 34,423 9,150
Technology and communications 33,877 11,042 63,889 20,391
Professional services 66,652 5,943 80,138 14,502
Occupancy and equipment 25,596 10,280 43,845 25,585
Other operating expenses 48,556 3,661 65,258 8,191
Total operating expenses 374,796 85,904 618,430 172,017
Income from operations 155,169 125,477 316,378 203,896
Other income (expense)        
Interest income 9,114 2,038 16,223 4,350
Interest expense (99,868) (58,319) (193,284) (105,243)
Gain (loss) on debt redemption 3,192   (13,838)  
Other, net 19,903 968 13,366 (2,720)
Other expense, net (67,659) (55,313) (177,533) (103,613)
Income before income taxes 87,510 70,164 138,845 100,283
Income tax expense 10,789 25,331 16,977 36,101
Net income 76,721 44,833 121,868 64,182
Preferred stock dividends (1,519)   (3,004)  
Deemed dividend related to beneficial conversion feature of preferred stock (1,086)   (2,172)  
Net income attributable to Ocwen common stockholders $ 74,116 $ 44,833 $ 116,692 $ 64,182
Earnings per share attributable to Ocwen common stockholders        
Basic (in dollars per share) $ 0.55 $ 0.33 $ 0.86 $ 0.48
Diluted (in dollars per share) $ 0.53 $ 0.32 $ 0.84 $ 0.47
Weighted average common shares outstanding        
Basic (in shares) 135,690,264 134,856,101 135,664,242 132,752,848
Diluted (in shares) 144,721,047 138,155,373 139,591,958 138,100,822