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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenue        
Servicing and subservicing fees $ 465,964 $ 483,267 $ 1,448,096 $ 1,333,392
Gain on loans held for sale, net 27,218 28,262 110,041 72,912
Other revenues 20,516 19,711 59,896 76,014
Total revenue 513,698 531,240 1,618,033 1,482,318
Operating expenses        
Compensation and benefits 99,879 118,054 316,118 330,679
Amortization of mortgage servicing rights 60,783 79,183 186,075 197,435
Servicing and origination 49,739 34,236 129,473 89,740
Technology and communications 44,261 38,809 121,234 102,698
Professional services 160,704 19,090 212,745 99,228
Occupancy and equipment 24,697 30,786 82,504 74,631
Other operating expenses 14,976 26,102 101,547 66,007
Total operating expenses 455,039 346,260 1,149,696 960,418
Income from operations 58,659 184,980 468,337 521,900
Other income (expense)        
Interest expense (133,049) (116,885) (409,129) (319,564)
Gain (loss) on debt redemption 0 1,282 2,609 (12,556)
Other, net 2,124 68 14,797 9,115
Total other expense, net (130,925) (115,535) (391,723) (323,005)
Income (loss) before income taxes (72,266) 69,445 76,614 198,895
Income tax expense (benefit) 2,992 8,873 24,374 23,752
Net income (loss) (75,258) 60,572 52,240 175,143
Net income attributable to non-controlling interests (123) 0 (165) 0
Net income (loss) attributable to Ocwen stockholders (75,381) 60,572 52,075 175,143
Preferred stock dividends 0 (1,446) (1,163) (4,450)
Deemed dividends related to beneficial conversion feature of preferred stock (808) (4,401) (1,639) (6,573)
Net income (loss) attributable to Ocwen common stockholders $ (76,189) $ 54,725 $ 49,273 $ 164,120
Earnings (loss) per share attributable to Ocwen common stockholders        
Basic (in USD per share) $ (0.58) $ 0.40 $ 0.37 $ 1.21
Diluted (in USD per share) $ (0.58) $ 0.39 $ 0.36 $ 1.17
Weighted average common shares outstanding        
Basic (in shares) 130,551,197 135,787,834 133,318,381 135,705,892
Diluted (in shares) 130,551,197 [1] 140,057,195 [1] 136,881,326 [1] 139,747,490 [1]
[1] For the three months ended September 30, 2014, we have excluded the effect of the Preferred Shares, stock options and common stock awards from the computation of diluted EPS because of the anti-dilutive effect of our reported net loss.