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Schedule I - Summary of Investments - Other Than Investments in Related Parties
12 Months Ended
Dec. 31, 2019
SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]  
Schedule I - Summary of Investments - Other Than Investments in Related Parties
Schedule I—Summary of Investments—
Other Than Investments in Related Parties

AMERICAN EQUITY INVESTMENT LIFE HOLDING COMPANY

December 31, 2019

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
 
$
161,492

 
$
161,765

 
$
161,765

United States Government sponsored agencies
 
601,672

 
625,020

 
625,020

United States municipalities, states and territories
 
4,147,343

 
4,527,671

 
4,527,671

Foreign government obligations
 
186,993

 
205,096

 
205,096

Corporate securities
 
29,822,172

 
32,536,839

 
32,536,839

Residential mortgage backed securities
 
1,477,738

 
1,575,664

 
1,575,664

Commercial mortgage backed securities
 
5,591,167

 
5,786,279

 
5,786,279

Other asset backed securities
 
6,250,369

 
6,162,156

 
6,162,156

Total fixed maturity securities
 
48,238,946

 
51,580,490

 
51,580,490

Mortgage loans on real estate
 
3,448,793

 
3,536,446

 
3,448,793

Derivative instruments
 
412,163

 
1,355,989

 
1,355,989

Other investments
 
492,301

 
 
 
492,301

Total investments
 
$
52,592,203

 
 
 
$
56,877,573


(1)
On the basis of cost adjusted for other than temporary impairments, 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.