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Subordinated Debentures Level 3 (Tables)

12 Months Ended

Dec. 31, 2012

Subordinated Borrowings [Abstract]

Schedule of Subordinated Borrowing [Table Text Block]

Following is a summary of subordinated debt obligations to the trusts at December 31, 2012 and 2011:

	December 31,
	2012				2011				Interest Rate			Due Date
	(Dollars in thousands)
American Equity Capital Trust I	$	—			$	22,893			8%
American Equity Capital Trust II	76,259				76,090				5%			June 1, 2047
American Equity Capital Trust III	27,840				27,840				*LIBOR +	3.90%		April 29, 2034
American Equity Capital Trust IV	12,372				12,372				*LIBOR +	4.00%		January 8, 2034
American Equity Capital Trust VII	10,830				10,830				*LIBOR +	3.75%		December 14, 2034
American Equity Capital Trust VIII	20,620				20,620				*LIBOR +	3.75%		December 15, 2034
American Equity Capital Trust IX	15,470				15,470				*LIBOR +	3.65%		June 15, 2035
American Equity Capital Trust X	20,620				20,620				*LIBOR +	3.65%		September 15, 2035
American Equity Capital Trust XI	20,620				20,620				*LIBOR +	3.65%		December 15, 2035
American Equity Capital Trust XII	41,238				41,238				*LIBOR +	3.50%		April 7, 2036
	$	245,869			$	268,593

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- Definition

Tabular disclosure of borrowings under subordinated debt agreements that qualify as available in computing net capital under SEC uniform net capital rules for broker-dealers, including restrictive covenants, collateral, interest rates and due dates, amounts due by date and amount owed in total.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Audit and Accounting Guide (AAG)

-Number AAG-BRD

-Paragraph 80

-Subparagraph Exhibit 4-8

-IssueDate 2006-05-01

-Chapter 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher AICPA

-Name Audit and Accounting Guide (AAG)

-Number AAG-BRD

-Paragraph 80

-Subparagraph Exhibit 4-8, 9

-IssueDate 2006-05-01

-Chapter 4

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

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- Details

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