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Basic and Diluted Earnings (Loss) per Share (Tables)
3 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
Three Months Ended March 31,
20212020
Basic earnings (loss) per share
Net income (loss)$8,543 $(25,489)
Weighted average shares of common stock
8,688,009 8,990,589 
Basic earnings (loss) per share$0.98 $(2.84)
Diluted earnings (loss) per share
Net income (loss)$8,543 $(25,489)
Weighted average shares of common stock8,688,009 8,990,589 
Effect of dilutive elements
Common stock warrants34,309 — 
Common stock awards155,174 — 
Dilutive weighted average shares of common stock
8,877,492 8,990,589 
Diluted earnings (loss) per share$0.96 $(2.84)
Stock options and common stock awards excluded from the computation of diluted earnings (loss) per share
Anti-dilutive (1)180,225 249,188 
Market-based (2)157,581 125,397 
(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.