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Equity (Tables)
 6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Allocation of Net Income to Common Stockholders and EPS Computations
The following table reflects the allocation of net income (loss) 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
Basic EPS (in thousands, except per share data)
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Basic net income (loss) attributable to Parsley Energy, Inc. Stockholders
$
40,746

 
$
(21,377
)
 
$
70,188

 
$
(40,731
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
245,698

 
158,662

 
233,255

 
147,313

Basic EPS attributable to Parsley Energy, Inc. Stockholders
$
0.17

 
$
(0.13
)
 
$
0.30

 
$
(0.28
)
Diluted EPS
 
 
 
 
 
 
 
Numerator:
 
 
 
 
 
 
 
Net income (loss) attributable to Parsley Energy, Inc. Stockholders
40,746

 
(21,377
)
 
70,188

 
(40,731
)
Diluted net income (loss) attributable to Parsley Energy, Inc. Stockholders
$
40,746

 
$
(21,377
)
 
$
70,188

 
$
(40,731
)
Denominator:
 
 
 
 
 
 
 
Basic weighted average shares outstanding
245,698

 
158,662

 
233,255

 
147,313

Effect of dilutive securities:
 
 
 
 
 
 
 
Time-Based Restricted Stock and Time-Based Restricted Stock Units
1,094

 
—

 
1,060

 
—

Diluted weighted average shares outstanding (1)
246,792

 
158,662

 
234,315

 
147,313

Diluted EPS attributable to Parsley Energy, Inc. Stockholders
$
0.17

 
$
(0.13
)
 
$
0.30

 
$
(0.28
)

(1)
As of June 30, 2017 and 2016, there were 640,062 and 453,863 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 six months ended June 30, 2017 and 2016, 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 June 30,
 
Six Months Ended June 30,
 
2017
 
2016
 
2017
 
2016
 
(In thousands)
Net income (loss) attributable to the noncontrolling interests of:
 
 
 
 
 
 
 
Parsley LLC
$
14,950

 
$
(6,085
)
 
$
23,957

 
$
(12,441
)
Pacesetter Drilling, LLC
98

 
(26
)
 
(61
)
 
(7
)
Total net income (loss) attributable to noncontrolling interest
$
15,048

 
$
(6,111
)
 
$
23,896

 
$
(12,448
)