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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenue        
Servicing and subservicing fees $ 302,235 $ 360,017 $ 906,993 $ 1,203,541
Gain on loans held for sale, net 25,645 27,298 69,074 116,934
Other revenues 31,568 17,631 87,192 58,166
Total revenue [1] 359,448 404,946 1,063,259 1,378,641
Expenses        
Compensation and benefits 92,942 102,612 287,613 313,599
Amortization of mortgage servicing rights (2,558) 18,108 18,595 88,188
Servicing and origination 63,551 101,545 249,230 255,905
Technology and communications 25,941 37,182 85,519 117,793
Professional services 65,489 62,428 257,795 191,728
Occupancy and equipment 16,760 31,043 62,213 85,530
Other 9,553 34,808 24,388 65,593
Total expenses [1],[2] 271,678 387,726 985,353 1,118,336
Other income (expense)        
Interest income 5,158 5,693 14,488 16,306
Interest expense (110,961) (118,313) (308,083) (362,606)
Gain on sale of mortgage servicing rights, net 5,661 41,246 7,689 97,958
Other, net [1] 14,736 (1,764) 11,841 (12,552)
Total other expense, net (85,406) (73,138) (274,065) (260,894)
Income (loss) before income taxes 2,364 (55,918) (196,159) (589)
Income tax expense (benefit) (7,110) 10,832 (7,214) 21,866
Net income (loss) 9,474 (66,750) (188,945) (22,455)
Net income attributable to non-controlling interests (83) (119) (373) (321)
Net income (loss) attributable to Ocwen stockholders $ 9,391 $ (66,869) $ (189,318) $ (22,776)
Income (loss) per share attributable to Ocwen stockholders        
Basic (in USD per share) $ 0.08 $ (0.53) $ (1.53) $ (0.18)
Diluted (in USD per share) $ 0.08 $ (0.53) $ (1.53) $ (0.18)
Weighted average common shares outstanding        
Basic (in shares) 123,986,987 125,383,639 123,991,343 125,322,742
Diluted (in shares) 124,134,507 125,383,639 123,991,343 125,322,742
[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 September 30, 2016Depreciation expense$2,730 $48 $3,651 $6,429Amortization of mortgage servicing rights(2,634) 76 — (2,558)Amortization of debt discount240 — — 240Amortization of debt issuance costs 3,645 — 332 3,977 For the three months ended September 30, 2015Depreciation expense$694 $96 $4,256 $5,046Amortization of mortgage servicing rights18,023 85 — 18,108Amortization of debt discount329 — — 329Amortization of debt issuance costs 2,981 — 344 3,325 For the nine months ended September 30, 2016Depreciation expense$5,068 $184 $13,025 $18,277Amortization of mortgage servicing rights18,360 235 — 18,595Amortization of debt discount623 — — 623Amortization of debt issuance costs 9,466 — 1,009 10,475 For the nine months ended September 30, 2015Depreciation expense$1,736 $292 $11,439 $13,467Amortization of mortgage servicing rights87,926 262 — 88,188Amortization of debt discount1,022 — — 1,022Amortization of debt issuance costs 9,336 — 1,049 10,385