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Equity (Tables)
 9 Months Ended
Sep. 30, 2016
Equity [Abstract]  
Allocation of Net Income to Common Stockholders and EPS Computations
The following table reflects the allocation of net income to common stockholders and EPS computations for the periods indicated based on a weighted average number of common stock outstanding for the period:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
Basic EPS (in thousands, except per share data)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Basic net (loss) income attributable to Parsley Energy, Inc. Stockholders
$
(2,706
)
 
$
909

 
$
(43,437
)
 
$
(35,244
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
173,241

 
109,218

 
156,018

 
106,212

Basic EPS attributable to Parsley Energy, Inc. Stockholders
$
(0.02
)
 
$
0.01

 
$
(0.28
)
 
$
(0.33
)
Diluted EPS
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net (loss) income attributable to Parsley Energy, Inc. Stockholders
(2,706
)
 
909

 
(43,437
)
 
(35,244
)
Diluted net (loss) income attributable to Parsley Energy, Inc. Stockholders
$
(2,706
)
 
$
909

 
$
(43,437
)
 
$
(35,244
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
173,241

 
109,218

 
156,018

 
106,212

Effect of dilutive securities:
 
 
 
 
 
 
 
Restricted Stock and Restricted Stock Units
—

 
374

 
—

 
—

Diluted weighted average shares outstanding (1)
173,241

 
109,592

 
156,018

 
106,212

Diluted EPS attributable to Parsley Energy, Inc. Stockholders
$
(0.02
)
 
$
0.01

 
$
(0.28
)
 
$
(0.33
)

(1)
As of September 30, 2016 and 2015, there were 453,863 and 211,935 shares, respectively, related to performance-based restricted stock units that could be converted to common shares in the future based on predetermined performance and market goals. These units were not included in the computation of EPS for the three and nine months ended September 30, 2016 and 2015, respectively, because the performance and market conditions had not been met, assuming the end of the reporting period was the end of the contingency period.
Summary of Noncontrolling Interest Income (Loss)
The following table summarizes the noncontrolling interest income (loss):
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2016
 
2015
 
2016
 
2015
 
(In thousands)
Net income (loss) attributable to the noncontrolling interests of:
 
 
 
 
 
 
 
Parsley LLC
$
799

 
$
2,295

 
$
(11,643
)
 
$
(11,293
)
Pacesetter Drilling, LLC
266

 
(561
)
 
260

 
(558
)
Total net income (loss) attributable to noncontrolling interest
$
1,065

 
$
1,734

 
$
(11,383
)
 
$
(11,851
)