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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Operating activities    
Net income (loss) $ 5,903us-gaap_NetIncomeLoss $ (9,753)us-gaap_NetIncomeLoss
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Interest sensitive and index product benefits 282,825ael_InterestSensitiveAndIndexProductBenefits 317,192ael_InterestSensitiveAndIndexProductBenefits
Amortization of deferred sales inducements 10,953us-gaap_DeferredSalesInducementsAmortizationExpense 666us-gaap_DeferredSalesInducementsAmortizationExpense
Annuity product charges (28,682)us-gaap_InsuranceCommissionsAndFees (25,272)us-gaap_InsuranceCommissionsAndFees
Change in fair value of embedded derivatives 51,213us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet 92,619us-gaap_EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
Decrease in traditional life and accident and health insurance reserves (868)us-gaap_IncreaseDecreaseInInsuranceLiabilities (91)us-gaap_IncreaseDecreaseInInsuranceLiabilities
Policy acquisition costs deferred (121,822)us-gaap_DeferredPolicyAcquisitionCostsAdditions (93,333)us-gaap_DeferredPolicyAcquisitionCostsAdditions
Amortization of deferred policy acquisition costs 14,286us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense 7,194us-gaap_DeferredPolicyAcquisitionCostAmortizationExpense
Provision for depreciation and other amortization 1,267us-gaap_DepreciationAndAmortization 3,000us-gaap_DepreciationAndAmortization
Amortization of discounts and premiums on investments (1,428)us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments (2,829)us-gaap_AccretionAmortizationOfDiscountsAndPremiumsInvestments
Realized gains/losses on investments and net OTTI losses recognized in operations (4,747)us-gaap_GainLossOnInvestments 1,619us-gaap_GainLossOnInvestments
Change in fair value of derivatives 30,636us-gaap_GainLossOnDerivativeInstrumentsNetPretax (48,493)us-gaap_GainLossOnDerivativeInstrumentsNetPretax
Deferred income taxes (22,541)us-gaap_DeferredIncomeTaxExpenseBenefit (37,360)us-gaap_DeferredIncomeTaxExpenseBenefit
Loss on extinguishment of debt 0us-gaap_GainsLossesOnExtinguishmentOfDebt 3,977us-gaap_GainsLossesOnExtinguishmentOfDebt
Share-based compensation 1,687us-gaap_ShareBasedCompensation 37us-gaap_ShareBasedCompensation
Change in accrued investment income (31,682)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable (21,177)us-gaap_IncreaseDecreaseInAccruedInvestmentIncomeReceivable
Change in income taxes recoverable/payable 22,542us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable 7,909us-gaap_IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable
Change in other assets (918)us-gaap_IncreaseDecreaseInOtherOperatingAssets (339)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Change in other policy funds and contract claims (14,171)us-gaap_IncreaseDecreaseInOtherPolicyholderFunds (17,288)us-gaap_IncreaseDecreaseInOtherPolicyholderFunds
Change in collateral held for derivatives (326,248)ael_IncreaseDecreaseInDerivativeCollateral (98,351)ael_IncreaseDecreaseInDerivativeCollateral
Change in other liabilities (7,113)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities (30,056)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Other (1,307)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet (1,708)us-gaap_IncreaseDecreaseInOtherOperatingCapitalNet
Net cash provided by (used in) operating activities (140,215)us-gaap_NetCashProvidedByUsedInOperatingActivities 48,163us-gaap_NetCashProvidedByUsedInOperatingActivities
Sales, maturities, or repayments of investments:    
Fixed maturity securities - available for sale 276,734us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities 208,747us-gaap_ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
Mortgage loans on real estate 109,846us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable 84,735us-gaap_ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
Derivative instruments 214,667us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities 241,098us-gaap_ProceedsFromDerivativeInstrumentInvestingActivities
Other investments 7,218us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments 8,942us-gaap_ProceedsFromSaleAndMaturityOfOtherInvestments
Acquisition of investments:    
Fixed maturity securities - available for sale (1,434,934)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (974,244)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt
Mortgage loans on real estate (104,793)us-gaap_PaymentsToAcquireMortgageNotesReceivable (90,056)us-gaap_PaymentsToAcquireMortgageNotesReceivable
Derivative instruments (124,948)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities (103,330)us-gaap_PaymentsForDerivativeInstrumentInvestingActivities
Other investments (3,385)us-gaap_PaymentsToAcquireOtherInvestments (2,259)us-gaap_PaymentsToAcquireOtherInvestments
Purchases of property, furniture and equipment (295)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (200)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Net cash used in investing activities (1,059,890)us-gaap_NetCashProvidedByUsedInInvestingActivities (626,567)us-gaap_NetCashProvidedByUsedInInvestingActivities
Financing activities    
Receipts credited to annuity and single premium universal life policyholder account balances 1,307,792us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates 915,631us-gaap_ProceedsFromAnnuitiesAndInvestmentCertificates
Coinsurance deposits (33,061)ael_PaymentsForProceedsFromCoinsuranceDeposits (2,609)ael_PaymentsForProceedsFromCoinsuranceDeposits
Return of annuity policyholder account balances (492,242)us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates (475,280)us-gaap_RepaymentsOfAnnuitiesAndInvestmentCertificates
Financing fees incurred and deferred 0us-gaap_PaymentsOfFinancingCosts (100)us-gaap_PaymentsOfFinancingCosts
Repayment of notes payable 0us-gaap_RepaymentsOfNotesPayable (54,583)us-gaap_RepaymentsOfNotesPayable
Proceeds from amounts due under repurchase agreements 15,075us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase 0us-gaap_ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
Excess tax benefits realized from share-based compensation plans 2,828us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 3,087us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Proceeds from issuance of common stock 4,089us-gaap_ProceedsFromIssuanceOfCommonStock 6,093us-gaap_ProceedsFromIssuanceOfCommonStock
Change in checks in excess of cash balance (12,126)us-gaap_IncreaseDecreaseInOutstandingChecksFinancingActivities (32,192)us-gaap_IncreaseDecreaseInOutstandingChecksFinancingActivities
Net cash provided by financing activities 792,355us-gaap_NetCashProvidedByUsedInFinancingActivities 360,047us-gaap_NetCashProvidedByUsedInFinancingActivities
Decrease in cash and cash equivalents (407,750)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease (218,357)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and cash equivalents at beginning of period 701,514us-gaap_CashAndCashEquivalentsAtCarryingValue 897,529us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and cash equivalents at end of period 293,764us-gaap_CashAndCashEquivalentsAtCarryingValue 679,172us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash paid during period for interest:    
Interest expense 16,580us-gaap_InterestPaid 17,993us-gaap_InterestPaid
Cash paid during period for income taxes:    
Income taxes 114us-gaap_IncomeTaxesPaid 21,500us-gaap_IncomeTaxesPaid
Non-cash operating activity:    
Deferral of sales inducements 93,591us-gaap_DeferredSalesInducementsAdditions 72,687us-gaap_DeferredSalesInducementsAdditions
Non-cash investing and financing activities:    
Real estate acquired in satisfaction of mortgage loans 0us-gaap_TransferOfOtherRealEstate 1,713us-gaap_TransferOfOtherRealEstate
Common stock issued in extinguishment of debt $ 0us-gaap_StockIssuedDuringPeriodValueOther $ 23,177us-gaap_StockIssuedDuringPeriodValueOther