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Basic and Diluted Earnings per Share - Schedule of Basic EPS to Diluted EPS (Details) (USD $)
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Basic EPS:        
Net income attributable to Ocwen common stockholders $ 65,958,000 $ 63,057,000 $ 125,462,000 $ 109,395,000
Weighted average shares of common stock (in Shares) 134,221,668 135,690,264 134,724,905 135,664,242
Basic EPS (usd per share) $ 0.49 $ 0.46 $ 0.93 $ 0.81
Diluted EPS:        
Net income attributable to Ocwen common stockholders 65,958,000 63,057,000 125,462,000 109,395,000
Preferred stock dividends 0 [1] 2,605,000 [1] 0 [1] 0 [1]
Adjusted net income attributable to Ocwen 65,958,000 65,662,000 125,462,000 109,395,000
Weighted average shares of common stock (in Shares) 134,221,668 135,690,264 134,724,905 135,664,242
Effect of dilutive elements:        
Dilutive weighted average shares of common stock (in Shares) 137,705,793 144,721,047 138,423,012 139,591,958
Diluted EPS (usd per share) $ 0.48 $ 0.45 $ 0.91 $ 0.78
Stock options excluded from the computation of diluted EPS:        
Anti-dilutive Securities (in Shares) 50,000 [2] 0 [2] 25,000 [2] 0 [2]
Market-based [Member]
       
Stock options excluded from the computation of diluted EPS:        
Anti-dilutive Securities (in Shares) 272,500 [3] 1,530,000 [3] 272,500 [3] 1,530,000 [3]
Preferred shares [Member]
       
Effect of dilutive elements:        
Dilutive Securities 0 [1] 5,095,942 [1] 0 [1] 0 [1]
Stock options [Member]
       
Effect of dilutive elements:        
Dilutive Securities 3,479,499 3,924,536 3,693,916 3,913,463
Common stock awards [Member]
       
Effect of dilutive elements:        
Dilutive Securities $ 4,626 $ 10,305 $ 4,191 $ 14,253
[1] The effect of our Preferred Shares on diluted EPS is computed using the if-converted method. For purposes of computing diluted EPS, we assume the conversion of the Preferred Shares into shares of common stock unless the effect is anti-dilutive. Conversion of the Preferred Shares has not been assumed for the three and six months ended June 30, 2014 and for the six months ended June 30, 2013 because the effect would have been antidilutive.
[2] These options were anti-dilutive because their exercise price was greater than the average market price of our stock.
[3] Shares that are issuable upon the achievement of certain performance criteria related to Ocwen’s stock price and an annualized rate of return to investors.