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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 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Basic earnings per share:        
Net income (loss) attributable to Ocwen common stockholders [1] $ 9,391 $ (66,869) $ (189,318) $ (22,776)
Weighted average shares of common stock 123,986,987 125,383,639 123,991,343 125,322,742
Basic earnings (loss) per share (in USD per share) $ 0.08 $ (0.53) $ (1.53) $ (0.18)
Diluted earnings per share:        
Net income (loss) attributable to Ocwen common stockholders [1] $ 9,391 $ (66,869) $ (189,318) $ (22,776)
Weighted average shares of common stock 123,986,987 125,383,639 123,991,343 125,322,742
Effect of dilutive elements:        
Stock options (in shares) [1] 0 0 0 0
Common stock awards (in shares) [1] 147,520 0 0 0
Dilutive weighted average shares of common stock (in shares) 124,134,507 125,383,639 123,991,343 125,322,742
Diluted earnings (loss) per share (in USD per share) $ 0.08 $ (0.53) $ (1.53) $ (0.18)
Stock options and common stock awards excluded from the computation of diluted earnings per share:        
Anti-dilutive Securities (in shares) [2] 6,890,882 2,037,872 7,285,539 1,965,049
Market Based [Member]        
Stock options and common stock awards excluded from the computation of diluted earnings per share:        
Anti-dilutive Securities (in shares) [3] 1,917,456 924,438 1,917,456 924,438
[1] For the nine months ended September 30, 2016 and for the three and nine months ended September 30, 2015, 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.