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Schedule I - Summary of Investments - Other Than Investments in Related Parties Level 1 (Notes)
12 Months Ended
Dec. 31, 2012
Summary of Investments, Other than Investments in Related Parties [Abstract]  
Summary of Investments, Other than Investments in Related Parties [Text Block]
Schedule I—Summary of Investments—Other
Than Investments in Related Parties

AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY

December 31, 2012

Column A
 
Column B
 
Column C
 
Column D
Type of Investment
 
Amortized
Cost(1)
 
Fair
Value
 
Amount at
which shown
in the balance
sheet
 
 
(Dollars in thousands)
Fixed maturity securities:
 
 
 
 
 
 
Available for sale:
 
 
 
 
 
 
United States Government full faith and credit
 
$
4,590

 
$
5,154

 
$
5,154

United States Government sponsored agencies
 
1,763,789

 
1,772,025

 
1,772,025

United States municipalities, states and territories
 
3,116,678

 
3,578,323

 
3,578,323

Foreign government obligations
 
86,099

 
105,259

 
105,259

Corporate securities
 
12,930,173

 
14,466,772

 
14,466,772

Residential mortgage backed securities
 
2,743,537

 
2,888,113

 
2,888,113

Commercial mortgage backed securities
 
354,870

 
357,982

 
357,982

Other asset backed securities
 
957,291

 
998,508

 
998,508

 
 
21,957,027

 
24,172,136

 
24,172,136

Held for investment:
 
 
 
 
 
 
Corporate security
 
76,088

 
61,521

 
76,088

Total fixed maturity securities
 
22,033,115

 
$
24,233,657

 
24,248,224

Equity securities, available for sale:
 
 
 
 
 
 
Non-redeemable preferred stocks
 
29,955

 
30,120

 
30,120

Common stocks
 
14,643

 
23,302

 
23,302

Total equity securities
 
44,598

 
53,422

 
53,422

Mortgage loans on real estate
 
2,623,940

 
2,848,235

 
2,623,940

Derivative instruments
 
196,106

 
415,258

 
415,258

Other investments
 
196,366

 
 

 
196,366

Total investments
 
$
25,094,125

 
 

 
$
27,537,210


(1)
On the basis of cost adjusted for repayments and amortization of premiums and accrual of discounts for fixed maturity securities and short-term investments, original cost for derivative instruments and unpaid principal balance less allowance for credit losses for mortgage loans.

See accompanying Report of Independent Registered Public Accounting Firm.