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Basic and Diluted Earnings (Loss) per Share (Tables)
 3 Months Ended
Mar. 31, 2017
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
The following is a reconciliation of the calculation of basic loss per share to diluted loss per share:
 
For the Three Months Ended March 31,
 
2017
 
2016
Basic loss per share:
 
 
 
Net loss attributable to Ocwen stockholders
$
(32,724
)
 
$
(111,331
)
 
 
 
 
Weighted average shares of common stock
124,014,928

 
124,093,339

 
 
 
 
Basic loss per share
$
(0.26
)
 
$
(0.90
)
 
 
 
 
Diluted loss per share (1):
 
 
 
Net loss attributable to Ocwen stockholders
$
(32,724
)
 
$
(111,331
)
 
 
 
 
Weighted average shares of common stock
124,014,928

 
124,093,339

Effect of dilutive elements (1):
 
 
 
Stock option awards
—

 
—

Common stock awards
—

 
—

Dilutive weighted average shares of common stock
124,014,928

 
124,093,339

 
 
 
 
Diluted loss per share
$
(0.26
)
 
$
(0.90
)
 
 
 
 
Stock options and common stock awards excluded from the computation of diluted earnings per share:
 
 
 
Anti-dilutive (2)
2,056,215

 
6,985,914

Market-based (3)
782,446

 
2,080,938

 
(1)
For the three months ended March 31, 2017 and 2016, we have excluded the effect of stock options and common stock awards from the computation of diluted loss 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.