XML 32 R121.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Derivative Financial Instruments and Hedging Activities - Schedule of Changes in Notional Balance of Holdings of Derivatives (Details) (USD $) In Thousands, unless otherwise specified |  |  | 9 Months Ended |  | 9 Months Ended |  | 9 Months Ended |  | 9 Months Ended |  | 9 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2013 Interest Rate Lock Commitments [Member] | Dec. 31, 2012 Interest Rate Lock Commitments [Member] | Sep. 30, 2013 U S Treasury Futures [Member] | Dec. 31, 2012 U S Treasury Futures [Member] | Sep. 30, 2013 Forward Mortgage Backed Securities Trades [Member] | Dec. 31, 2012 Forward Mortgage Backed Securities Trades [Member] | Sep. 30, 2013 Interest Rate Cap [Member] | Dec. 31, 2012 Interest Rate Cap [Member] | Sep. 30, 2013 Interest Rate Swap [Member] | Dec. 31, 2012 Interest Rate Swap [Member]
Derivative Notional Balance [Roll Forward] |  |  |  |  |  |  |  |  |  |  |  |  |  |
Notional Amount, beginning balance |  |  |  |  | $ 1,112,519 |  | $ 109,000 |  | $ 1,638,979 |  | $ 1,025,000 |  | $ 1,495,955 |
Derivative Additions |  |  |  |  | 5,887,759 |  | 85,000 |  | 10,578,176 |  | 1,900,000 |  | 1,280,000 |
Amortization Of Derivative |  |  |  |  | (228,806) |  | 0 |  | (33,372) |  | (56,000) |  | 0 |
Derivative Maturities |  |  |  |  | (5,124,849) |  | 0 |  | (4,156,314) |  | 0 |  | (295,604) |
Derivative Terminations |  |  |  |  | (895,187) |  | (194,000) |  | (7,076,821) |  | (1,001,000) |  | (2,480,351) |
Notional Amount, ending balance |  |  |  |  | 751,436 |  | 0 |  | 950,648 |  | 1,868,000 |  | 0 |
Fair value of derivative assets (liabilities) at: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative, Fair Value, Net | $ 15,494 | [1] | $ 10,795 | [1] | $ 5,781 | $ 8,433 | $ (1,258) | $ 0 | $ (1,719) | $ 6,905 | $ 168 | $ 442 | $ (10,836) | $ 0
Derivative Maturity Period |  |  |  |  | Jan. 2014 - Apr. 2014 |  |  |  | Jan. 2014 - Feb. 2014 |  | Nov. 2016 |  |  |
[1] | See Note 19 — Derivative Financial Instruments and Hedging Activities for additional information regarding derivatives.

X
- Definition Aggregate notional amount specified by the derivative(s). Expressed as an absolute value. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Article 12 -Section 13 -Sentence Column B + Details
Name: | invest_DerivativeNotionalAmount
Namespace Prefix: | invest_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Represents amount for amortization of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_AmortizationOfDerivative
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents an increase in derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeAdditions
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Represents amount for maturities of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeMaturities
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents a maturity period of derivative. + References No definition available. + Details
Name: | ocn_DerivativeMaturityPeriod
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Represents amount for termination of derivative instruments during the period. + References No definition available. + Details
Name: | ocn_DerivativeTerminations
Namespace Prefix: | ocn_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Definition Fair value of the assets less the liabilities of a derivative or group of derivatives. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13433-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41228-113958 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=28364263&loc=d3e13495-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 45 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6945355&loc=d3e41271-113958 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant