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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Operations) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Net investment income $ 2,272,798 $ 2,307,463 [1] $ 2,037,475 [1]
Other revenue 75,866 42,245 [1] 16,160 [1]
Total revenues 2,835,970 1,413,825 [1] 3,689,961 [1]
Expenses:      
Interest expense on notes and loan payable 45,890 32,098 [1] 25,581 [1]
Interest expense on subordinated debentures issued to subsidiary trusts 5,355 5,331 [1] 5,324 [1]
Other operating costs and expenses 301,581 239,526 [1] 241,882 [1]
Total benefits and expenses 2,538,918 (1,017,887) [1] 2,987,175 [1]
Income tax expense (benefit) 85,133 511,135 [1] 149,763 [1]
Net income available to American Equity Investment Life Holding Company stockholders 210,530 1,920,219 [1] 553,023 [1]
Less: Preferred stock dividends 43,675 43,675 [1] 43,675 [1]
Net income available to American Equity Investment Life Holding Company common stockholders 166,855 1,876,544 [1] 509,348 [1]
Parent Company      
Revenues:      
Net investment income 24,469 6,733 114
Dividends from subsidiary trusts 165 155 159
Dividends from subsidiaries 0 325,000 250,000
Other revenue 31,049 19,153 8,511
Total revenues 152,962 465,215 389,507
Expenses:      
Interest expense on notes and loan payable 45,890 32,098 25,581
Interest expense on subordinated debentures issued to subsidiary trusts 5,355 5,331 5,324
Other operating costs and expenses 133,831 114,792 72,435
Total benefits and expenses 185,076 152,221 103,340
Income (loss) before income taxes and equity in undistributed income of subsidiaries (32,114) 312,994 286,167
Income tax expense (benefit) (112,986) (1,067) 11,565
Income before equity in undistributed income of subsidiaries 80,872 314,061 274,602
Equity in undistributed income of subsidiaries 129,658 1,606,158 278,421
Net income available to American Equity Investment Life Holding Company stockholders 210,530 1,920,219 553,023
Less: Preferred stock dividends 43,675 43,675 43,675
Net income available to American Equity Investment Life Holding Company common stockholders 166,855 1,876,544 509,348
Investment Advisory Fees | Parent Company      
Revenues:      
Investment advisory fees 93,005 110,094 126,643
Affiliated Entity | Parent Company      
Revenues:      
Surplus note interest from subsidiary $ 4,274 $ 4,080 $ 4,080
[1] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.