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Basic and Diluted Earnings (Loss) per Share (Tables)
9 Months Ended
Sep. 30, 2021
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,
2021202020212020
Basic earnings (loss) per share
Net income (loss)$21,552 $(9,420)$19,773 $(32,955)
Weighted average shares of common stock
9,189,030 8,669,550 8,960,696 8,770,102 
Basic earnings (loss) per share$2.35 $(1.09)$2.21 $(3.76)
Diluted earnings (loss) per share
Net income (loss)$21,552 $(9,420)$19,773 $(32,955)
Weighted average shares of common stock9,189,030 8,669,550 8,960,696 8,770,102 
Effect of dilutive elements
Common stock warrants65,593 — 97,426 — 
Common stock awards147,235 — 161,049 — 
Contingent issuance of common stock— — 51,580 — 
Dilutive weighted average shares of common stock
9,401,858 8,669,550 9,270,751 8,770,102 
Diluted earnings (loss) per share$2.29 $(1.09)$2.13 $(3.76)
Stock options and common stock awards excluded from the computation of diluted earnings (loss) per share
Anti-dilutive (1)166,153 193,144 155,213 218,020 
Market-based (2)87,509 125,395 87,509 125,395 
(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.