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Basic and Diluted Earnings (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
 
Three Months Ended March 31,
2018
 
2017
Basic income (loss) per share
 
 
 
Net income (loss) attributable to Ocwen stockholders
$
2,548

 
$
(32,724
)
 
 
 
 
Weighted average shares of common stock
133,121,465

 
124,014,928

 
 
 
 
Basic earnings (loss) per share
$
0.02

 
$
(0.26
)
 
 
 
 
Diluted earnings (loss) per share
 
 
 
Net income (loss) attributable to Ocwen stockholders
$
2,548

 
$
(32,724
)
 
 
 
 
Weighted average shares of common stock
133,121,465

 
124,014,928

Effect of dilutive elements
 
 
 
Stock option awards

 

Common stock awards
1,485,464

 

Dilutive weighted average shares of common stock
134,606,929

 
124,014,928

 
 
 
 
Diluted earnings (loss) per share
$
0.02

 
$
(0.26
)
 
 
 
 
Stock options and common stock awards excluded from the computation of diluted earnings per share
 
 
 
Anti-dilutive (1)
6,503,348

 
2,056,215

Market-based (2)
817,446

 
782,446

 
(1)
Stock options were anti-dilutive because their exercise price was greater than the average market price of Ocwen’s stock.
(2)
Shares that are issuable upon the achievement of certain market-based performance criteria related to Ocwen’s stock price.