Update:
After posting my error message and help from member
reixer, it turns out my battery drain had to do with a corrupt keychain. In order to fix my problem, I had to logout of iCloud on all of my devices, log back in, and resync my keychain. I fixed this late Tuesday and didn't do an unpair/repair to verify this was my actual problem.
As of today, my battery life has improved drastically. My usage stats since last night is 13 hours 23 minutes standby, 1 hour 42 minutes usage and I'm currently at 79% remaining.
I also haven't had any diagnostic logs since Tuesday afternoon.
See post
1,444 for my error log.