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Basic and Diluted Earnings per Share - Schedule of Reconciliation of Calculation of Basic Earnings per Share to Diluted Earnings per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Basic earnings per share:        
Net income (loss) attributable to Ocwen common stockholders [1] $ (87,378) $ 9,738 $ (198,709) $ 44,093
Weighted average shares of common stock (in shares) 123,893,752 125,311,133 123,993,545 125,291,788
Basic earnings (loss) per share (in USD per share) $ (0.71) $ 0.08 $ (1.60) $ 0.35
Diluted earnings per share:        
Net income (loss) attributable to Ocwen common stockholders [1] $ (87,378) $ 9,738 $ (198,709) $ 44,093
Weighted average shares of common stock (in shares) 123,893,752 125,311,133 123,993,545 125,291,788
Effect of dilutive elements:        
Stock options (in shares) [1] 0 1,830,496 0 1,777,888
Common stock awards (in shares) [1] 0 10,850 0 6,502
Dilutive weighted average shares of common stock (in shares) 123,893,752 127,152,479 123,993,545 127,076,178
Diluted earnings (loss) per share (in USD per share) $ (0.71) $ 0.08 $ (1.60) $ 0.35
Stock options and common stock awards excluded from the computation of diluted earnings per share:        
Anti-dilutive Securities (in shares) [2] 7,979,821 1,846,374 7,482,868 1,928,638
Market Based [Member]        
Stock options and common stock awards excluded from the computation of diluted earnings per share:        
Anti-dilutive Securities (in shares) [3] 2,045,725 924,438 2,045,725 924,438
[1] For the three and six months ended June 30, 2016, we have excluded the effect of stock options and common stock awards from the computation of diluted earnings per share because of the anti-dilutive effect of our reported net loss.
[2] These stock options were anti-dilutive because their exercise price was greater than the average market price of Ocwen’s stock.
[3] Shares that are issuable upon the achievement of certain market-based performance criteria related to Ocwen’s stock price.