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Basic and Diluted Earnings (Loss) per Share (Tables)
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Reconciliation of Calculation of Basic Loss per Share to Diluted Loss per Share
Three Months Ended June 30,Six Months Ended June 30,
2021202020212020
Basic earnings (loss) per share
Net income (loss)$(10,322)$1,954 $(1,779)$(23,535)
Weighted average shares of common stock
8,999,544 8,651,273 8,844,637 8,820,931 
Basic earnings (loss) per share$(1.15)$0.23 $(0.20)$(2.67)
Diluted earnings (loss) per share
Net income (loss)$(10,322)$1,954 $(1,779)$(23,535)
Weighted average shares of common stock8,999,544 8,651,273 8,844,637 8,820,931 
Effect of dilutive elements
Common stock awards— 10,217 — — 
Dilutive weighted average shares of common stock
8,999,544 8,661,490 8,844,637 8,820,931 
Diluted earnings (loss) per share$(1.15)$0.23 $(0.20)$(2.67)
Stock options and common stock awards excluded from the computation of diluted earnings (loss) per share
Anti-dilutive (1)119,262 211,729 149,744 245,410 
Market-based (2)41,528 125,397 41,528 125,397 
(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.