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Schedule I - Summary of Investments - Other Than Investments in Related Parties (Tables)
12 Months Ended
Dec. 31, 2017
Summary of Investments, Other than Investments in Related Parties [Abstract]  
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, 2017

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
 
$
11,861

 
$
11,876

 
$
11,876

United States Government sponsored agencies
 
1,308,290

 
1,305,017

 
1,305,017

United States municipalities, states and territories
 
3,804,360

 
4,166,812

 
4,166,812

Foreign government obligations
 
228,214

 
239,360

 
239,360

Corporate securities
 
28,127,653

 
29,878,971

 
29,878,971

Residential mortgage backed securities
 
1,028,484

 
1,105,567

 
1,105,567

Commercial mortgage backed securities
 
5,531,922

 
5,544,850

 
5,544,850

Other asset backed securities
 
3,075,975

 
3,120,536

 
3,120,536

 
 
43,116,759

 
45,372,989

 
45,372,989

Held for investment:
 
 
 

 

Corporate security
 
77,041

 
76,460

 
77,041

Total fixed maturity securities
 
43,193,800

 
45,449,449

 
45,450,030

Mortgage loans on real estate
 
2,665,531

 
2,670,037

 
2,665,531

Derivative instruments
 
373,244

 
1,568,380

 
1,568,380

Other investments
 
616,764

 
 
 
616,764

Total investments
 
$
46,849,339

 
 
 
$
50,300,705


(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.