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Quarterly Results of Operations (Unaudited) - Schedule of Quarterly Results of Operations (Unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]                      
Revenue $ 323,904 $ 359,448 $ 373,054 $ 330,757 $ 362,457 $ 404,946 $ 463,251 $ 510,444 $ 1,387,163 [1] $ 1,741,098 [1] $ 2,111,325 [1]
Expenses 237,901 271,678 385,018 328,657 359,848 387,726 352,252 378,358 1,223,254 [1],[2] 1,478,184 [1],[2] 2,035,208 [1],[2]
Other income (expense), net (96,205) (85,406) (84,434) (104,225) (131,881) [3] (73,138) [3] (98,499) [3] (89,257) [3] (370,270) (392,775) (519,276)
Loss before income taxes (10,202) 2,364 (96,398) (102,125) (129,272) (55,918) 12,500 42,829 (206,361) (129,861) (443,159)
Income tax expense (benefit) 228 (7,110) (9,180) 9,076 94,985 10,832 2,594 8,440 (6,986) 116,851 26,396
Net loss (10,430) 9,474 (87,218) (111,201) (224,257) (66,750) 9,906 34,389 (199,375) (246,712) (469,555)
Net loss (income) attributable to non-controlling interests (14) (83) (160) (130) 16 (119) (168) (34) (387) (305) (245)
Net loss attributable to Ocwen common stockholders $ (10,444) $ 9,391 $ (87,378) $ (111,331) $ (224,241) $ (66,869) $ 9,738 $ 34,355 $ (199,762) [4] $ (247,017) [4] $ (472,602) [4]
Earnings (loss) per share attributable to Ocwen common stockholders                      
Basic (in dollars per share) $ (0.08) $ 0.08 $ (0.71) $ (0.90) $ (1.79) $ (0.53) $ 0.08 $ 0.27 $ (1.61) $ (1.97) $ (3.60)
Diluted (in dollars per share) $ (0.08) $ 0.08 $ (0.71) $ (0.90) $ (1.79) $ (0.53) $ 0.08 $ 0.27 $ (1.61) $ (1.97) $ (3.60)
[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 year ended December 31, 2016: Depreciation expense$6,804 $228 $18,306 $25,338Amortization of mortgage servicing rights32,669 309 — 32,978Amortization of debt discount727 — 3,450 4,177Amortization of debt issuance costs 13,455 — 12,207 25,662 For the year ended December 31, 2015: Depreciation expense$2,990 $380 $15,789 $19,159Amortization of mortgage servicing rights98,849 345 — 99,194Amortization of debt discount2,680 — — 2,680Amortization of debt issuance costs 21,269 — 1,395 22,664 For the year ended December 31, 2014: Depreciation expense$9,955 $332 $11,623 $21,910Amortization of mortgage servicing rights249,471 705 199 250,375Amortization of debt discount1,318 — — 1,318Amortization of debt issuance costs 4,294 — 845 5,139
[3] Other income (expense), net for 2015 includes gains (losses) on the sale of MSRs in the first, second, third and fourth quarter of $26.4 million, $30.3 million, $41.2 million and $(14.0) million, respectively.
[4] For 2016, 2015 and 2014, we have excluded the effect of preferred stock, 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.