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Basic and Diluted Earnings per Share - Schedule of Basic EPS to Diluted EPS (Details) (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended
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Mar. 31, 2015 | Mar. 31, 2014
Basic earnings per share: |  |  |  |
Net income attributable to Ocwen common stockholders | $ 34,355us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |  | $ 59,504us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic |
Weighted average shares of common stock (in shares) | 125,272,228us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |  | 135,227,067us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Basic earnings per share (in USD per share) | $ 0.27us-gaap_EarningsPerShareBasic |  | $ 0.44us-gaap_EarningsPerShareBasic |
Diluted earnings per share: |  |  |  |
Net income attributable to Ocwen common stockholders | 34,355us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted |  | 59,504us-gaap_NetIncomeLossAvailableToCommonStockholdersDiluted |
Preferred stock dividends | 0us-gaap_PreferredStockDividendsAndOtherAdjustments | [1] | 997us-gaap_PreferredStockDividendsAndOtherAdjustments | [1]
Adjusted net income attributable to Ocwen | $ 34,355us-gaap_NetIncomeLossAttributableToParentDiluted |  | $ 60,501us-gaap_NetIncomeLossAttributableToParentDiluted |
Weighted average shares of common stock (in shares) | 125,272,228us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |  | 135,227,067us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Effect of dilutive elements: |  |  |  |
Preferred stock (in shares) | 0us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock | [1] | 1,950,298us-gaap_IncrementalCommonSharesAttributableToConversionOfPreferredStock | [1]
Stock options (in shares) | 1,725,280us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements |  | 3,908,333us-gaap_IncrementalCommonSharesAttributableToShareBasedPaymentArrangements |
Common stock awards (in shares) | 2,154ocn_IncrementalCommonSharesAttributableToCommonStockAwards |  | 3,757ocn_IncrementalCommonSharesAttributableToCommonStockAwards |
Dilutive weighted average shares of common stock (in shares) | 126,999,662us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |  | 141,089,455us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
Diluted earnings per share (in USD per share) | $ 0.27us-gaap_EarningsPerShareDiluted |  | $ 0.43us-gaap_EarningsPerShareDiluted |
Stock options excluded from the computation of diluted EPS: |  |  |  |
Anti-dilutive Securities (in shares) | 2,010,902us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | [2] | 0us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount | [2]
Market Based [Member] |  |  |  |
Stock options excluded from the computation of diluted EPS: |  |  |  |
Anti-dilutive Securities (in shares) | 851,263us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis = ocn_MarketBasedMember | [3] | 547,500us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount / us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis = ocn_MarketBasedMember | [3]
[1] | Prior to the conversion of our remaining preferred stock into common stock in July 2014, we computed the effect on diluted earnings per share using the if-converted method. For purposes of computing diluted earnings per share, we assume the conversion of the preferred stock into shares of common stock unless the effect is anti-dilutive.
[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.

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