XML 38 R24.htm IDEA: XBRL DOCUMENT v3.24.2.u1

Interest Expense

6 Months Ended

Jun. 30, 2024

Other Income and Expenses [Abstract]

Interest Expense

Note 16 – Interest Expense

			Three Months Ended June 30,												Six Months Ended June 30,
			2024						2023						2024						2023
Mortgage loan financing facilities			$	24.8					$	19.8					$	43.5					$	33.4
MSR financing facilities			19.6						17.8						37.5						35.3
OFC Senior Secured Notes (1)			11.4						10.9						22.6						21.7
Advance match funded liabilities			9.3						10.4						19.8						21.1
PMC Senior Secured Notes			6.5						7.8						13.9						15.5
Escrow			1.4						1.6						3.2						3.5
			$	73.1					$	68.3					$	140.5					$	130.5

(1)Notes issued to Oaktree affiliates, inclusive of amortization of debt issuance costs and discount of $2.8 million and $5.6 million for the three and six months ended June 30, 2024, respectively, and $2.4 million and $4.7 million for the three and six months ended June 30, 2023, respectively.

X

- Definition

The disclosure of the cost of all borrowed funds accounted for as interest expense that was charged against earnings during the period, by category of interest-bearing liabilities.

+ References

No definition available.

+ Details

Name:	onit_InterestExpenseTextBlock
Namespace Prefix:	onit_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_OtherIncomeAndExpensesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration