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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue        
Servicing and subservicing fees $ 307,262 $ 396,983 $ 604,758 $ 843,524
Gain on loans held for sale, net 27,857 45,132 43,429 89,636
Other revenues 37,935 21,136 55,624 40,535
Total revenue [1] 373,054 463,251 703,811 973,695
Expenses        
Compensation and benefits 98,422 105,843 194,671 210,987
Amortization of mortgage servicing rights 8,347 31,586 21,153 70,080
Servicing and origination 89,987 52,558 185,679 154,360
Technology and communications 32,709 41,260 59,578 80,611
Professional services 121,399 72,369 192,306 129,300
Occupancy and equipment 20,708 28,773 45,453 54,487
Other 13,446 19,863 14,835 30,785
Total expenses [1],[2] 385,018 352,252 713,675 730,610
Other income (expense)        
Interest income 5,140 5,038 9,330 10,613
Interest expense (91,033) (124,897) (197,122) (244,293)
Gain on sale of mortgage servicing rights, net 853 30,306 2,028 56,712
Other, net [1] 606 (8,946) (2,895) (10,788)
Total other expense, net (84,434) (98,499) (188,659) (187,756)
Income (loss) before income taxes (96,398) 12,500 (198,523) 55,329
Income tax expense (benefit) (9,180) 2,594 (104) 11,034
Net income (loss) (87,218) 9,906 (198,419) 44,295
Net income attributable to non-controlling interests (160) (168) (290) (202)
Net income (loss) attributable to Ocwen stockholders $ (87,378) $ 9,738 $ (198,709) $ 44,093
Earnings (loss) per share attributable to Ocwen stockholders        
Basic (in USD per share) $ (0.71) $ 0.08 $ (1.60) $ 0.35
Diluted (in USD per share) $ (0.71) $ 0.08 $ (1.60) $ 0.35
Weighted average common shares outstanding        
Basic (in shares) 123,893,752 125,311,133 123,993,545 125,291,788
Diluted (in shares) 123,893,752 127,152,479 123,993,545 127,076,178
[1] Inter-segment billings for services rendered to other segments are recorded as revenues, as contra-expense or as other income, depending on the type of service that is rendered.
[2] Depreciation and amortization expense are as follows: Servicing Lending Corporate Items and Other Business Segments ConsolidatedFor the three months ended June 30, 2016Depreciation expense$1,206 $65 $5,539 $6,810Amortization of mortgage servicing rights8,269 78 — 8,347Amortization of debt discount178 — — 178Amortization of debt issuance costs 2,889 — 332 3,221 For the three months ended June 30, 2015Depreciation expense$513 $92 $3,470 $4,075Amortization of mortgage servicing rights31,499 87 — 31,586Amortization of debt discount337 — — 337Amortization of debt issuance costs 3,183 — 373 3,556 For the six months ended June 30, 2016Depreciation expense$2,340 $136 $9,374 $11,850Amortization of mortgage servicing rights20,994 159 — 21,153Amortization of debt discount383 — — 383Amortization of debt issuance costs 5,822 — 676 6,498 For the six months ended June 30, 2015Depreciation expense$1,042 $197 $7,181 $8,420Amortization of mortgage servicing rights69,903 177 — 70,080Amortization of debt discount693 — — 693Amortization of debt issuance costs 6,606 — 705 7,311