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Investments in Affiliated Companies
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Investments in Affiliated Companies [Text Block] Investments in Affiliated Companies

The company owns a 50% interest in several joint ventures with Marubun Corporation (collectively "Marubun/Arrow") and several interests ranging from 43% to 50% in other joint ventures and equity method investments.  These investments are accounted for using the equity method.

The following table presents the company's investment in the following joint ventures at December 31:

  
 
2018
 
2017
Marubun/Arrow
 
$
73,253

 
$
70,167

Other
 
10,440

 
18,180

 
 
$
83,693

 
$
88,347



The equity in earnings of affiliated companies for the years ended December 31 consists of the following:

  
 
2018
 
2017
 
2016
Marubun/Arrow
 
$
5,543

 
$
6,842

 
$
7,629

Other
 
(7,875
)
 
(3,418
)
 
(56
)
 
 
$
(2,332
)
 
$
3,424

 
$
7,573



Under the terms of various joint venture agreements, the company is required to pay its pro-rata share of the third party debt of the joint ventures in the event that the joint ventures are unable to meet their obligations. At December 31, 2018, the company's pro-rata share of this debt was approximately $2,860. There were no outstanding borrowings under the third party debt agreements of the joint ventures as of December 31, 2017. The company believes there is sufficient equity in each of the joint ventures to meet the obligations.