XML 55 R45.htm IDEA: XBRL DOCUMENT
v3.25.1

Credit Arrangements, Junior Subordinated Debentures (Details) $ / shares in Units, shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Mar. 31, 2025 USD ($) Quarter Trust $ / shares shares | Jun. 30, 2023 | Dec. 31, 2024
Debt Instruments [Abstract] |  |  |  |
Number of Connecticut statutory business trusts | Trust |  | 2 |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Net balance March 31, 2025 |  | $ 33,738 |  |
Net balance December 31, 2024 |  | $ 33,738 |  |
Junior Subordinated Debentures [Member] |  |  |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Basis spread on variable rate |  | 0.26161% |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  | us-gaap:SecuredOvernightFinancingRateSofrMember |  |
Variable rate term |  | 3 months | 3 months |
Investment, Variable Interest Rate, Type [Extensible Enumeration] |  |  | aame:LondonInterbankOfferedRateMember |
Debt instrument, effective interest rate percentage |  | 8.64% |  | 8.82%
Number of consecutive quarters for which interest payments can be deferred | Quarter |  | 20 |  |
Atlantic American Statutory Trust I [Member] | Junior Subordinated Debentures [Member] |  |  |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Principal amount owed March 31, 2025 | [1],[2] | $ 18,042 |  |
Less: Treasury debt | [1],[2],[3] | 0 |  |
Net balance March 31, 2025 | [1],[2] | 18,042 |  |
Net balance December 31, 2024 | [1],[2] | $ 18,042 |  |
Coupon rate |  | 3-Month SOFR + 0.26161% spread adj + 4.00% |  |
Interest payable |  | Quarterly |  |
Maturity date | [1],[2] | Dec. 04, 2032 |  |
Redeemable by issuer | [1],[2] | Yes |  |
Atlantic American Statutory Trust I [Member] | Trust Preferred Securities [Member] |  |  |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Coupon rate |  | 3-Month SOFR + 0.26161% spread adj + 4.00% |  |
Issuance date |  | Dec. 04, 2002 |  |
Securities issued (in shares) | shares |  | 17,500 |  |
Liquidation preference per security (in dollars per share) | $ / shares |  | $ 1 |  |
Liquidation value |  | $ 17,500 |  |
Distribution payable |  | Quarterly |  |
Distribution guaranteed by | [4] | Atlantic American Corporation |  |
Basis spread on variable rate |  | 4.00% |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  | us-gaap:SecuredOvernightFinancingRateSofrMember |  |
Atlantic American Statutory Trust II [Member] | Junior Subordinated Debentures [Member] |  |  |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Principal amount owed March 31, 2025 | [1],[2] | $ 23,196 |  |
Less: Treasury debt | [1],[2],[3] | (7,500) |  |
Net balance March 31, 2025 | [1],[2] | 15,696 |  |
Net balance December 31, 2024 | [1],[2] | $ 15,696 |  |
Coupon rate |  | 3-Month SOFR + 0.26161% spread adj + 4.10% |  |
Interest payable |  | Quarterly |  |
Maturity date | [1],[2] | May 15, 2033 |  |
Redeemable by issuer | [1],[2] | Yes |  |
Atlantic American Statutory Trust II [Member] | Trust Preferred Securities [Member] |  |  |  |
Financial structure of statutory business trusts [Abstract] |  |  |  |
Coupon rate |  | 3-Month SOFR + 0.26161% spread adj + 4.10% |  |
Issuance date |  | May 15, 2003 |  |
Securities issued (in shares) | shares |  | 22,500 |  |
Liquidation preference per security (in dollars per share) | $ / shares |  | $ 1 |  |
Liquidation value |  | $ 22,500 |  |
Distribution payable |  | Quarterly |  |
Distribution guaranteed by | [4] | Atlantic American Corporation |  |
Basis spread on variable rate |  | 4.10% |  |
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration] |  | us-gaap:SecuredOvernightFinancingRateSofrMember |  |
[1] | For each of the respective debentures, the Company has the right at any time, and from time to time, to defer payments of interest on the Junior Subordinated Debentures for a period not exceeding 20 consecutive quarters up to the debentures’ respective maturity dates. During any such period, interest will continue to accrue and the Company may not declare or pay any cash dividends or distributions on, or purchase, the Company’s common stock nor make any principal, interest or premium payments on or repurchase any debt securities that rank equally with or junior to the Junior Subordinated Debentures. The Company has the right at any time to dissolve each of the trusts and cause the Junior Subordinated Debentures to be distributed to the holders of the Trust Preferred Securities.
[2] | The Junior Subordinated Debentures are unsecured and rank junior and subordinate in right of payment to all senior debt of the Parent and are effectively subordinated to all existing and future liabilities of its subsidiaries.
[3] | On August 4, 2014, the Company acquired $7,500 of the Junior Subordinated Debentures.
[4] | The Parent has guaranteed, on a subordinated basis, all of the obligations under the Trust Preferred Securities, including payment of the redemption price and any accumulated and unpaid distributions to the extent of available funds and upon dissolution, winding up or liquidation.

X
- Definition Indicate "Yes" or "No" whether a debt instrument is redeemable by issuer. + References No definition available. + Details
Name: | aame_DebtInstrumentRedeemableByIssuer
Namespace Prefix: | aame_
Data Type: | us-types:yesNoItemType
Balance Type: | na
Period Type: | duration

X
- Definition Term of the interest rate that fluctuates over time as a result of an underlying benchmark interest rate or index, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | aame_DebtInstrumentTermOfVariableRate
Namespace Prefix: | aame_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | aame_FinancialStructureOfStatutoryBusinessTrustsAbstract
Namespace Prefix: | aame_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The per share liquidation preference of trust preferred securities. + References No definition available. + Details
Name: | aame_LiquidationPreferencePerTrustPreferredSecurity
Namespace Prefix: | aame_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The aggregate liquidation value of trust preferred securities. + References No definition available. + Details
Name: | aame_LiquidationValueTrustPreferredSecurities
Namespace Prefix: | aame_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition This line item represents number of consecutive quarters for which interest payments can be deferred during the reporting period. + References No definition available. + Details
Name: | aame_NumberOfConsecutiveQuartersInterestPaymentsCanBeDeferred
Namespace Prefix: | aame_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition This line item represents number of Connecticut statutory business trusts. + References No definition available. + Details
Name: | aame_NumberOfStatutoryBusinessTrusts
Namespace Prefix: | aame_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of treasury debt as of balance sheet date. + References No definition available. + Details
Name: | aame_TreasuryDebt
Namespace Prefix: | aame_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Description of the entity which guarantees trust preferred securities. + References No definition available. + Details
Name: | aame_TrustPreferredSecuritiesDistributionGuaranteedBy
Namespace Prefix: | aame_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of the frequency of periodic payments (monthly, quarterly, annual) on trust preferred securities. + References No definition available. + Details
Name: | aame_TrustPreferredSecuritiesDistributionPayable
Namespace Prefix: | aame_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The number of trust preferred securities issued. + References No definition available. + Details
Name: | aame_TrustPreferredSecuritiesIssued
Namespace Prefix: | aame_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Description of the frequency of periodic payments (monthly, quarterly, annual). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 + Details
Name: | us-gaap_DebtInstrumentFrequencyOfPeriodicPayment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482949/835-30-55-8 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482900/835-30-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482925/835-30-45-2 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-6 + Details
Name: | us-gaap_DebtInstrumentInterestRateEffectivePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Description of the interest rate as being fixed or variable, and, if variable, identification of the index or rate on which the interest rate is based and the number of points or percentage added to that index or rate to set the rate, and other pertinent information, such as frequency of rate resets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_DebtInstrumentInterestRateTerms
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date the debt instrument was issued, in YYYY-MM-DD format. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B + Details
Name: | us-gaap_DebtInstrumentIssuanceDate1
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2)(i) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482106/820-10-50-2 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481139/470-20-50-1B + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates type of variable interest rate on debt instrument. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 470 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477734/942-470-50-3 + Details
Name: | us-gaap_DebtInstrumentVariableInterestRateTypeExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DebtInstrumentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Indicates type of variable interest rate of investment. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.12-12A(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-12(Column A)(Footnote 4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-1 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-12B(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 320 -Name Accounting Standards Codification -Section S99 -Paragraph 6 -Subparagraph (SX 210.12-14(Column A)(Footnote 3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477271/946-320-S99-6 + Details
Name: | us-gaap_InvestmentVariableInterestRateTypeExtensibleEnumeration
Namespace Prefix: | us-gaap_
Data Type: | enum2:enumerationSetItemType
Balance Type: | na
Period Type: | instant

X
- Definition Including the current and noncurrent portions, the carrying value of junior subordinated long-term debt owed to unconsolidated subsidiary trusts as of the balance sheet date. Such debt places a lender in a lien position behind debt having a higher priority of repayment in liquidation of the entity's assets and was initially scheduled to be repaid after one year or beyond the normal operating cycle if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
Name: | us-gaap_JuniorSubordinatedDebentureOwedToUnconsolidatedSubsidiaryTrust
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including the current and noncurrent portions, carrying value as of the balance sheet date of long-term debt (with maturities initially due after one year or beyond the operating cycle if longer) identified as Junior Subordinated Notes, which have a lower priority than senior instruments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
Name: | us-gaap_JuniorSubordinatedNotes
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_JuniorSubordinatedDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=aame_AtlanticAmericanStatutoryTrustIMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_TrustPreferredSecuritiesSubjectToMandatoryRedemptionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=aame_AtlanticAmericanStatutoryTrustIIMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |