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Basic and Diluted Earnings (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2020
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
Three Months Ended September 30,Nine Months Ended September 30,
2020201920202019
Basic earnings (loss) per share
Net loss$(9,420)$(42,767)$(32,955)$(176,998)
Weighted average shares of common stock
8,669,550 8,973,053 8,770,102 8,955,288 
Basic loss per share$(1.09)$(4.77)$(3.76)$(19.76)
Diluted earnings (loss) per share
Net loss$(9,420)$(42,767)$(32,955)$(176,998)
Weighted average shares of common stock8,669,550 8,973,053 8,770,102 8,955,288 
Effect of dilutive elements
Stock option awards— — — — 
Common stock awards— — — — 
Dilutive weighted average shares of common stock
8,669,550 8,973,053 8,770,102 8,955,288 
Diluted loss per share$(1.09)$(4.77)$(3.76)$(19.76)
Stock options and common stock awards excluded from the computation of diluted loss per share
Anti-dilutive (1)193,144 196,875 218,020 222,870 
Market-based (2)125,395 60,147 125,395 60,147 
 
(1)Includes stock options that are anti-dilutive because their exercise price was greater than the average market price of Ocwen’s stock, and stock awards that are anti-dilutive based on the application of the treasury stock method.
(2)Shares that are issuable upon the achievement of certain market-based performance criteria related to Ocwen’s stock price.