XML 65 R73.htm IDEA: XBRL DOCUMENT
v2.4.0.8

NOTE 5 FAIR VALUE OF FINANCIAL INSTRUMENTS (Detail) - (Table 2) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 9 Months Ended
--- | --- | ---
Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012
Fair Value Of Financial Instrument [Line Items] |  |  |  |  |  |  |  |
Beginning balance | $ 100,347 |  | $ (14,905) |  | $ 74,545 |  | $ (16,676) |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |
Purchases |  |  |  |  | 72 |  |  |
Issuances | 4,338 |  |  |  | 1,429 |  |  |
Sales |  |  |  |  | 24,156 |  |  |
Settlements | (448) |  | 102 |  | (1,518) |  | 2,524 |
Total | 3,890 |  | 102 |  | 24,139 |  | 2,524 |
Total realized and unrealized gains and (losses) |  |  |  |  |  |  |  |
Included in Other, net | (722) | [1] | 1,397 | [1] | 17,194 | [1] | 6,645 | [1]
Included in Other comprehensive income (loss) |  | [1] | (2,688) | [1] | (12,363) | [1] | (8,587) | [1]
Total | (722) | [1] | (1,291) | [1] | 4,831 | [1] | (1,942) | [1]
Transfers in and / or out of Level 3 |  |  |  |  |  |  |  |
Ending balance | 103,515 |  | (16,094) |  | 103,515 |  | (16,094) |
Loans - restricted for securitization investors |  |  |  |  |  |  |  |
Fair Value Of Financial Instrument [Line Items] |  |  |  |  |  |  |  |
Beginning balance | 76,649 |  |  |  |  |  |  |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |
Purchases |  |  |  |  | 10,251 |  |  |
Issuances | 211,052 |  |  |  | 274,081 |  |  |
Sales |  |  |  |  |  |  |  |
Settlements | (1,293) |  |  |  | (2,164) |  |  |
Total | 209,759 |  |  |  | 282,168 |  |  |
Total realized and unrealized gains and (losses) |  |  |  |  |  |  |  |
Included in Other, net | 4,445 | [1] |  | [1] | 8,685 | [1] |  | [1]
Included in Other comprehensive income (loss) |  | [1] |  | [1] |  | [1] |  | [1]
Total | 4,445 | [1] |  | [1] | 8,685 | [1] |  | [1]
Transfers in and / or out of Level 3 |  |  |  |  |  |  |  |
Ending balance | 290,853 |  |  |  | 290,853 |  |  |
Secured borrowings - owed to securitization investors |  |  |  |  |  |  |  |
Fair Value Of Financial Instrument [Line Items] |  |  |  |  |  |  |  |
Beginning balance | (73,641) |  |  |  |  |  |  |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |
Purchases |  |  |  |  | (10,179) |  |  |
Issuances | (206,714) |  |  |  | (272,652) |  |  |
Sales |  |  |  |  |  |  |  |
Settlements | 1,021 |  |  |  | 1,888 |  |  |
Total | (205,693) |  |  |  | (280,943) |  |  |
Total realized and unrealized gains and (losses) |  |  |  |  |  |  |  |
Included in Other, net | (4,942) | [1] |  | [1] | (3,333) | [1] |  | [1]
Included in Other comprehensive income (loss) |  | [1] |  | [1] |  | [1] |  | [1]
Total | (4,942) | [1] |  | [1] | (3,333) | [1] |  | [1]
Transfers in and / or out of Level 3 |  |  |  |  |  |  |  |
Ending balance | (284,276) |  |  |  | (284,276) |  |  |
Derivative Financial Instruments |  |  |  |  |  |  |  |
Fair Value Of Financial Instrument [Line Items] |  |  |  |  |  |  |  |
Beginning balance | 176 |  | (14,905) |  | (10,668) |  | (16,676) |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |
Purchases |  |  |  |  |  |  |  |
Issuances |  |  |  |  |  |  |  |
Sales |  |  |  |  | 24,156 |  |  |
Settlements | (176) |  | 102 |  | (1,242) |  | 2,524 |
Total | (176) |  | 102 |  | 22,914 |  | 2,524 |
Total realized and unrealized gains and (losses) |  |  |  |  |  |  |  |
Included in Other, net |  | [1] | 1,397 | [1] | 117 | [1] | 6,645 | [1]
Included in Other comprehensive income (loss) |  | [1] | (2,688) | [1] | (12,363) | [1] | (8,587) | [1]
Total |  | [1] | (1,291) | [1] | (12,246) | [1] | (1,942) | [1]
Transfers in and / or out of Level 3 |  |  |  |  |  |  |  |
Ending balance |  |  | (16,094) |  |  |  | (16,094) |
MSRs at Fair Value |  |  |  |  |  |  |  |
Fair Value Of Financial Instrument [Line Items] |  |  |  |  |  |  |  |
Beginning balance | 97,163 |  |  |  | 85,213 |  |  |
Purchases, issuances, sales and settlements: |  |  |  |  |  |  |  |
Purchases |  |  |  |  |  |  |  |
Issuances |  |  |  |  |  |  |  |
Sales |  |  |  |  |  |  |  |
Settlements |  |  |  |  |  |  |  |
Total |  |  |  |  |  |  |  |
Total realized and unrealized gains and (losses) |  |  |  |  |  |  |  |
Included in Other, net | (225) | [1] |  | [1] | 11,725 | [1] |  | [1]
Included in Other comprehensive income (loss) |  | [1] |  | [1] |  | [1] |  | [1]
Total | (225) | [1] |  | [1] | 11,725 | [1] |  | [1]
Transfers in and / or out of Level 3 |  |  |  |  |  |  |  |
Ending balance | $ 96,938 |  |  |  | $ 96,938 |  |  |
[1] | For derivative financial instruments held at September 30, 2012, total net losses were $1.3 million and $7.7 million for the three and nine months ended September 30, 2012, respectively.

X
- Definition Amount of gain (loss) recognized arising from assets measured at fair value on a recurring basis using unobservable inputs (level 3). + References No definition available. + Details
Name: | ocn_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarningsAndOtherComprehensiveIncomeLoss
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | ocn_FairValueOfFinancialInstrumentLineItems
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | ocn_TotalRealizedAndUnrealizedGainsAndLosses1Abstract
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in the income statement for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInEarnings1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of gain (loss) recognized in other comprehensive income (loss) for financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1a) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainLossIncludedInOtherComprehensiveIncomeLoss
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of issuances of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of purchases of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchases
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of purchases, (sales), issuances and (settlements) of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph c -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetPurchasesSalesIssuancesSettlementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of sale of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of settlement of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSettlements
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Amount of transfer of financial instrument classified as an asset into (out of) level 3 of the fair value hierarchy. + References No definition available. + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetTransfersNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Fair value of financial instrument classified as an asset measured using unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 + Details
Name: | us-gaap_FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant