XML 79 R56.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Fair Values of Financial Instruments (Quantitative Information About Level 3 Fair Value Measurements) (Details) - Fair Value, Measurements, Recurring $ in Thousands | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
--- | --- | ---
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments | $ 1,217,271 | $ 940,559
Significant Unobservable Inputs (Level 3) |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments | 1,217,271 | 940,559
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments |  | $ 940,559
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 6.00%
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 4.75%
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 8.00%
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 6.50%
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 6.91%
Real estate investments | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments, measurement input |  | 5.44%
Real estate investments | Significant Unobservable Inputs (Level 3) | Broker price opinion |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Real estate investments | 1,217,271 |
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies | $ 46,705 | $ 64,209
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 6.50% | 5.75%
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 5.25% | 4.25%
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 6.75% | 6.00%
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 5.25% | 4.75%
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 6.61% | 5.86%
Limited Partnerships and Limited Liability Companies, Real Estate | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Residual Capitalization Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 5.25% | 4.46%
Limited Partnerships and Limited Liability Companies, Infrastructure | Significant Unobservable Inputs (Level 3) | Discounted cash flow |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies | $ 106,426 |
Limited Partnerships and Limited Liability Companies, Infrastructure | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 11.00% |
Limited Partnerships and Limited Liability Companies, Infrastructure | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 11.00% |
Limited Partnerships and Limited Liability Companies, Infrastructure | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Limited partnerships and limited liability companies, measurement input | 11.00% |
Corporate securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | $ 20,603,416 | $ 24,161,921
Corporate securities | Significant Unobservable Inputs (Level 3) |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | 255,437 | 402,348
Corporate securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | $ 83,666 | $ 84,674
Unobservable liquidity premium, basis points | 0.0020 | 0.0020
Other asset backed securities |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | $ 6,058,198 | $ 5,908,702
Other asset backed securities | Significant Unobservable Inputs (Level 3) |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | 1,590,974 | 442,918
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Investments | $ 591,992 | $ 296,800
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, measurement input | 0.0526 | 0.0404
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Minimum | Weighted Average Lives |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, weighted average lives | 1 year 1 month 20 days | 8 years 9 months 14 days
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, measurement input | 0.2500 | 0.2858
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Maximum | Weighted Average Lives |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, weighted average lives | 12 years 1 month 2 days | 12 years 5 months 23 days
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Discount Rate |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, measurement input | 0.0692 | 0.0436
Other asset backed securities | Significant Unobservable Inputs (Level 3) | Discounted cash flow | Weighted Average | Weighted Average Lives |  |
Fair Value Measurement Inputs and Valuation Techniques [Line Items] |  |
Fixed maturity securities, weighted average lives | 5 years 8 months 8 days | 9 years 3 months 14 days

X
- Definition Discounted Cash Flow Methodology, Unobservable Liquidity Premium, Basis Points + References No definition available. + Details
Name: | ael_DiscountedCashFlowMethodologyUnobservableLiquidityPremiumBasisPoints
Namespace Prefix: | ael_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of input used to measure limited partnerships and limited liability companies. + References No definition available. + Details
Name: | ael_LimitedPartnershipsAndLimitedLiabilityCompaniesMeasurementInput
Namespace Prefix: | ael_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Real Estate Investments, Fair Value Disclosure + References No definition available. + Details
Name: | ael_RealEstateInvestmentsFairValueDisclosure
Namespace Prefix: | ael_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Value of input used to measure real estate investments. + References No definition available. + Details
Name: | ael_RealEstateInvestmentsMeasurementInput
Namespace Prefix: | ael_
Data Type: | dtr-types1:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Variable Interest Entity, Fair Value Disclosure + References No definition available. + Details
Name: | ael_VariableInterestEntityFairValueDisclosure
Namespace Prefix: | ael_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Value of input used to measure investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -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 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleMeasurementInput
Namespace Prefix: | us-gaap_
Data Type: | xbrli:decimalItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period between issuance and maturity of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + 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) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_DebtSecuritiesAvailableForSaleTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisValuationTechniquesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fair value portion of investment securities, including, but not limited to, marketable securities, derivative financial instruments, and investments accounted for under the equity method. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2 + Details
Name: | us-gaap_InvestmentsFairValueDisclosure
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementFrequencyAxis=us-gaap_FairValueMeasurementsRecurringMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=us-gaap_RealEstateInvestmentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=us-gaap_ValuationTechniqueDiscountedCashFlowMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputDiscountRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputCapRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_WeightedAverageMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_ValuationTechniqueAxis=ael_ValuationTechniqueBrokerPriceOpinionMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=ael_LimitedPartnershipsAndLimitedLiabilityCompaniesRealEstateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByAssetClassAxis=ael_LimitedPartnershipsAndLimitedLiabilityCompaniesInfrastructureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FinancialInstrumentAxis=us-gaap_AssetBackedSecuritiesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MeasurementInputTypeAxis=us-gaap_MeasurementInputExpectedTermMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |