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Schedule II - Condensed Financial Information of Registrant (Condensed Statements of Cash Flows) (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating activities      
Net income available to American Equity Investment Life Holding Company stockholders $ 210,530 $ 1,920,219 [1] $ 553,023 [1]
Adjustments to reconcile net income to net cash provided by operating activities:      
Accrual of discount on equity security 3,473 2,640 [2] 19,861 [2]
Share-based compensation 29,296 15,827 [2] 24,601 [2]
Deferred income taxes 68,135 490,926 [2] 149,431 [2]
Changes in operating assets and liabilities:      
Other assets (154,726) 2,852 [2] (5,085) [2]
Other liabilities and intercompany payable 132,743 9,033 [2] (224,171) [2]
Net cash provided by operating activities 3,939,809 2,043,819 [2] 4,233,164 [2]
Investing activities      
Purchases of property, plant and equipment (50,084) (40,961) [2] (18,109) [2]
Net cash provided by (used in) investing activities 4,494,628 (2,454,911) [2] (6,224,307) [2]
Financing activities      
Repayment of loan payable (7,500) (3,750) [2] 0 [2]
Proceeds from issuance of loan payable 0 300,000 [2] 0 [2]
Proceeds from issuance of common stock, net 20,420 253,978 [2] 4,854 [2]
Acquisition of treasury stock (309,401) (566,567) [2] (99,415) [2]
Dividends paid on common stock 0 (30,205) [2] (31,450) [2]
Dividends paid on preferred stock (43,675) (43,675) [2] (43,675) [2]
Net cash used in financing activities (581,520) (2,178,221) [2] (2,595,397) [2]
Increase (decrease) in cash and cash equivalents 7,852,917 (2,589,313) [2] (4,586,540) [2]
Cash and cash equivalents at beginning of year [2] 1,919,669 4,508,982 9,095,522
Cash and cash equivalents at end of year 9,772,586 1,919,669 [2] 4,508,982 [2]
Cash paid during the year for interest:      
Interest paid 50,020 36,289 [2] 30,000 [2]
Parent Company      
Operating activities      
Net income available to American Equity Investment Life Holding Company stockholders 210,530 1,920,219 553,023
Adjustments to reconcile net income to net cash provided by operating activities:      
Provision for depreciation and amortization 2,655 4,925 1,232
Accrual of discount on equity security (13) (7) (10)
Equity in undistributed income of subsidiaries (129,658) (1,606,158) (278,421)
Non cash dividend from subsidiaries 0 0 (80,000)
Accrual of discount on debenture issued to subsidiary trust 354 332 309
Share-based compensation 6,425 6,023 10,235
Deferred income taxes 55,216 45,335 222,714
Changes in operating assets and liabilities:      
Receivable from subsidiaries 6,776 (6,085) (365)
Federal income tax recoverable/payable 131,838 (49,902) (222,569)
Other assets (7,978) (16,363) (5,054)
Other liabilities and intercompany payable 33,563 21,687 21,819
Net cash provided by operating activities 309,708 320,006 222,913
Investing activities      
Change in notes receivable from subsidiaries 85,654 79,346 (165,000)
Contribution to subsidiaries (21,420) (137,002) 0
Purchases of property, plant and equipment (7,402) (1,432) (12,642)
Net cash provided by (used in) investing activities 56,832 (59,088) (177,642)
Financing activities      
Financing fees incurred and deferred 0 (1,235) 0
Repayment of loan payable (7,500) (3,750) 0
Proceeds from issuance of loan payable 0 300,000 0
Proceeds from issuance of common stock, net 20,420 253,978 4,844
Acquisition of treasury stock (309,401) (566,567) (99,415)
Dividends paid on common stock 0 (30,567) (31,450)
Dividends paid on preferred stock (43,675) (43,675) (43,675)
Net cash used in financing activities (340,156) (91,816) (169,696)
Increase (decrease) in cash and cash equivalents 26,384 169,102 (124,425)
Cash and cash equivalents at beginning of year 531,347 362,245 486,670
Cash and cash equivalents at end of year 557,731 531,347 362,245
Parent Company | Notes and Loan Payable      
Cash paid during the year for interest:      
Interest paid 45,020 31,288 25,000
Parent Company | Subordinated Debentures      
Cash paid during the year for interest:      
Interest paid $ 5,000 $ 5,000 $ 5,000
[1] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.
[2] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.