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Quarterly Results of Operations (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results of Operations (Unaudited)
 
Quarters Ended
 
December 31,
2013
 
September 30,
2013
 
June 30,
2013
 
March 31,
2013
Revenue
$
555,955

 
$
531,240

 
$
544,812

 
$
406,266

Operating expenses (1)
340,876

 
346,260

 
371,508

 
242,650

Income from operations
215,079

 
184,980

 
173,304

 
163,616

Other expense
(94,976
)
 
(108,705
)
 
(85,794
)
 
(112,281
)
Income before income taxes
120,103

 
76,275

 
87,510

 
51,335

Income tax expense
14,824

 
9,273

 
10,789

 
6,188

Net income
105,279

 
67,002

 
76,721

 
45,147

Preferred stock dividends
(581
)
 
(1,446
)
 
(1,519
)
 
(1,485
)
Deemed dividend related to beneficial conversion feature of preferred stock
(416
)
 
(4,401
)
 
(1,086
)
 
(1,086
)
Net income attributable to Ocwen common stockholders
$
104,282

 
$
61,155

 
$
74,116

 
$
42,576

 
 
 
 
 
 
 
 
Earnings per share attributable to Ocwen common stockholders
 
 
 
 
 
 
 
Basic
$
0.77

 
$
0.45

 
$
0.55

 
$
0.31

Diluted
$
0.74

 
$
0.44

 
$
0.53

 
$
0.31

 
Quarters Ended
 
December 31,
2012
 
September 30,
2012
 
June 30,
2012
 
March 31,
2012
Revenue
$
236,590

 
$
232,700

 
$
211,381

 
$
164,532

Operating expenses
99,097

 
92,793

 
85,904

 
86,113

Income from operations
137,493

 
139,907

 
125,477

 
78,419

Other expense
(61,014
)
 
(59,161
)
 
(55,313
)
 
(48,300
)
Income before income taxes
76,479

 
80,746

 
70,164

 
30,119

Income tax expense
11,138

 
29,346

 
25,331

 
10,770

Net income
65,341

 
51,400

 
44,833

 
19,349

Preferred stock dividends
(85
)
 
—

 
—

 
—

Deemed dividend related to beneficial conversion feature of preferred stock
(60
)
 
—

 
—

 
—

Net income attributable to Ocwen common stockholders
$
65,196

 
$
51,400

 
$
44,833

 
$
19,349

 
 
 
 
 
 
 
 
Earnings per share attributable to Ocwen common stockholders
 
 
 
 
 
 
 
Basic
$
0.48

 
$
0.38

 
$
0.33

 
$
0.15

Diluted
$
0.47

 
$
0.37

 
$
0.32

 
$
0.14

(1)
Operating expenses for the second quarter of 2013 include a $52.8 million charge recorded in connection with an agreement with the CFPB, various state attorneys general and other agencies regarding certain foreclosure-related matters. See Note 28 — Commitments and Contingencies for additional information regarding this agreement.