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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenue      
Servicing and subservicing fees $ 1,823,559 $ 804,407 $ 458,838
Gain (loss) on loans held for sale, net 121,694 215 (2)
Other revenues 93,020 40,581 37,055
Total revenue 2,038,273 845,203 495,891
Operating expenses      
Compensation and benefits 442,777 122,341 99,844
Amortization of servicing rights 282,781 72,897 42,996
Servicing and origination 112,127 25,542 8,217
Technology and communications 140,466 45,362 33,617
Professional services 123,886 29,213 19,961
Occupancy and equipment 105,145 47,044 23,759
Other operating expenses 94,112 21,508 11,153
Total operating expenses 1,301,294 363,907 239,547
Income from operations 736,979 481,296 256,344
Other income (expense)      
Interest income 22,355 8,329 8,876
Interest expense (395,586) (223,455) (132,770)
Gain (loss) on debt redemption (8,681) (2,167) 3,651
Other, net (2,588) (6,495) (13,106)
Total other expense, net (384,500) (223,788) (133,349)
Income before income taxes 352,479 257,508 122,995
Income tax expense 42,061 76,585 44,672
Net income 310,418 180,923 78,323
Net loss attributable to non-controlling interests 0 0 8
Net income attributable to Ocwen stockholders 310,418 180,923 78,331
Preferred stock dividends (5,031) (85) 0
Deemed dividends related to beneficial conversion feature of preferred stock (6,989) (60) 0
Net income attributable to Ocwen common stockholders $ 298,398 $ 180,778 $ 78,331
Earnings per share attributable to Ocwen common stockholders      
Basic (usd per share) $ 2.20 $ 1.35 $ 0.75
Diluted (usd per share) $ 2.13 $ 1.31 $ 0.71
Weighted average common shares outstanding      
Basic (in shares) 135,678,088 133,912,643 104,507,055
Diluted (in shares) 139,800,506 138,521,279 111,855,961