Hi .. you will have to turn on debugging if you want to see real time events.
debug crypto engine Shows debug messages for the crypto engine.
debug crypto isakmp Shows debug messages for ISAKMP.
debug crypto ipsec
Try the below link which will give you more details
http://www.cisco.com/en/US/tech/tk583/tk372/technologies_tech_note09186a00800949c5.shtml
I hope it helps .. please rate it if it does !!!