XML 158 R129.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Mezzanine Equity - Schedule of Carrying Value of Preferred Shares (Details) (USD $) In Thousands, unless otherwise specified | 12 Months Ended | 0 Months Ended
--- | --- | ---
Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2012
Preferred Stock [Roll Forward] |  |  |  |  |  |
Beginning balance | $ 60,361 us-gaap_PreferredStockValue |  |  |  |  |
Conversion of Preferred Shares | (62,000)us-gaap_ConversionOfStockAmountConverted1 |  | (100,000)us-gaap_ConversionOfStockAmountConverted1 |  | 0 us-gaap_ConversionOfStockAmountConverted1 |
Ending balance | 0 us-gaap_PreferredStockValue |  | 60,361 us-gaap_PreferredStockValue |  |  |
Series A Preferred Stock [Member] |  |  |  |  |  |
Preferred Stock [Roll Forward] |  |  |  |  |  |
Beginning balance | 60,361 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  | 153,372 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  |  | 162,000 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember
Discount for beneficial conversion feature |  |  |  |  |  | (8,688)us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember
Conversion of Preferred Shares | (62,000)us-gaap_ConversionOfStockAmountConverted1 / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  | (100,000)us-gaap_ConversionOfStockAmountConverted1 / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  |  |
Accretion of BCF discount (Deemed dividend) | 1,639 us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember | [1] | 6,989 us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember | [1] |  | 60 us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember
Ending balance | $ 0 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  | $ 60,361 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember |  | $ 153,372 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember | $ 153,372 us-gaap_PreferredStockValue / us-gaap_StatementClassOfStockAxis = us-gaap_SeriesAPreferredStockMember
[1] | Accretion includes $0.8 million and $3.5 million accelerated write-off of the unamortized discount related to the conversion of Preferred Shares during 2014 and 2013, respectively.

X
- Details
Name: | ocn_PreferredStockRollForward
Namespace Prefix: | ocn_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The sum of the periodic adjustments of the differences between securities' face values and purchase prices that are charged against earnings. This is called accretion if the security was purchased at a discount and amortization if it was purchased at premium. As a noncash item, this element is an adjustment to net income when calculating cash provided by or used in operations using the indirect method. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
Name: | us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The value of the stock converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4332-108586 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4313-108586 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
Name: | us-gaap_ConversionOfStockAmountConverted1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of a favorable spread to a debt holder between the amount of debt being converted and the value of the securities received upon conversion. This is an embedded conversion feature of convertible debt issued that is in-the-money at the commitment date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Beneficial Conversion Feature -URI http://asc.fasb.org/extlink&oid=6505963 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 + Details
Name: | us-gaap_DebtInstrumentConvertibleBeneficialConversionFeature
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 29 -Article 5 + Details
Name: | us-gaap_PreferredStockValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |