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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
 [1]
Investments [Abstract]    
Fixed maturity securities, available for sale, at fair value (amortized cost of $38,537,462 as of 2023 and $44,866,019 as of 2022; allowance for credit losses of $4,030 as of 2023 and $3,347 as of 2021) $ 34,780,482 $ 39,804,617
Mortgage loans on real estate (net of allowance for credit losses of $38,135 as of 2023 and $36,972 as of 2022) 7,537,594 6,949,027
Real estate investments (2023 and 2022 include $1,327,704 and $1,056,063 related to consolidated variable interest entities) 1,334,247 1,056,063
Limited partnerships and limited liability companies (2023 and 2022 include $506,685 and $684,834 related to consolidated variable interest entities) 1,089,591 1,266,779
Derivative instruments 1,207,288 431,727
Other investments 2,277,822 1,817,085
Total investments 48,227,024 51,325,298
Cash and cash equivalents (2023 and 2022 include $35,745 and $27,235 related to consolidated variable interest entities) 9,772,586 1,919,669
Coinsurance deposits 14,582,728 13,254,956
Market risk benefits 479,694 229,871
Accrued investment income (2023 and 2022 include $2,862 and $3,444 related to consolidated variable interest entities) 459,332 497,851
Deferred policy acquisition costs 3,070,280 2,773,643
Deferred sales inducements 2,367,224 2,045,683
Deferred income taxes 152,652 438,434
Income taxes recoverable 37,854 55,498
Other assets (2023 and 2022 include $18,681 and $10,690 related to consolidated variable interest entities) 768,928 642,696
Total assets 79,918,302 73,183,599
Liabilities:    
Policy benefit reserves 60,901,641 58,781,836
Market risk benefits 3,146,554 2,455,492
Other policy funds and contract claims 188,856 512,790
Notes and loan payable 785,443 792,073
Subordinated debentures 79,107 78,753
Funds withheld for reinsurance liabilities 8,596,373 6,577,426
Other liabilities (2023 and 2022 include $93,520 and $78,644 related to consolidated variable interest entities) 3,172,554 1,614,479
Total liabilities 76,870,528 70,812,849
Stockholders' equity:    
Common stock; par value $1 per share; 200,000,000 shares authorized; issued and outstanding: 2023 - 79,337,818 shares (excluding 30,765,023 treasury shares); 2022 - 84,810,255 shares (excluding 24,590,353 treasury shares) 79,338 84,810
Additional paid-in capital 1,071,103 1,325,316
Accumulated other comprehensive loss (2,979,657) (3,746,230)
Retained earnings 4,852,448 4,685,593
Total stockholders' equity attributable to American Equity Investment Life Holding Company 3,023,260 2,349,517
Noncontrolling interests 24,514 21,233
Total stockholders' equity 3,047,774 2,370,750
Total liabilities and stockholders' equity 79,918,302 73,183,599
Preferred Stock, Series A    
Stockholders' equity:    
Preferred stock 16 16
Preferred Stock, Series B    
Stockholders' equity:    
Preferred stock $ 12 $ 12
[1] Certain prior period amounts have been recast. See Note 1 - Significant Accounting Policies for more information.