XML 124 R58.htm IDEA: XBRL DOCUMENT v2.4.0.8
Restatement of Previously Issued Consolidated Financial Statements - Consolidated Statement of Operations Restated (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest expense $ (139,873) $ (89,459)
Total other expense, net (130,364) (107,841)
Income before income taxes 71,703 55,292
Income tax expense 11,217 6,383
Net income 60,486 48,909
Net income attributable to Ocwen stockholders 60,501 48,909
Net income attributable to Ocwen common stockholders 59,504 46,338
Earnings per share attributable to Ocwen common stockholders    
Basic (usd per share) $ 0.44 $ 0.34
Diluted (usd per share) $ 0.43 $ 0.33
As Reported [Member]
   
Interest expense (122,616) (93,416)
Total other expense, net (113,107) (111,798)
Income before income taxes 88,960 51,335
Income tax expense 13,129 6,188
Net income 75,831 45,147
Net income attributable to Ocwen stockholders 75,846 45,147
Net income attributable to Ocwen common stockholders 74,849 42,576
Earnings per share attributable to Ocwen common stockholders    
Basic (usd per share) $ 0.55 $ 0.31
Diluted (usd per share) $ 0.54 $ 0.31
Restatement Adjustment [Member]
   
Interest expense (17,257) 3,957
Total other expense, net (17,257) 3,957
Income before income taxes (17,257) 3,957
Income tax expense (1,912) 195
Net income (15,345) 3,762
Net income attributable to Ocwen stockholders (15,345) 3,762
Net income attributable to Ocwen common stockholders $ (15,345) $ 3,762
Earnings per share attributable to Ocwen common stockholders    
Basic (usd per share) $ (0.11) $ 0.03
Diluted (usd per share) $ (0.11) $ 0.02