16.Financing Lease Liabilities

The Company’s financing lease liabilities consist of the following:

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The Company has lease arrangements for certain vehicles.  These leases typically have original terms not exceeding three years and contain residual value purchase options, which are reasonably certain of exercising. As of December 31, 2024, the Company had $1.3 million of leased vehicles included in capital assets, rolling stock (net).  For the year ended December 31, 2024, lease principal payments totaled $0.2 million and lease interest payments totaled $0.2 million for a combined lease payment total of $0.4 million. The weighted average interest rate of the leases is 14.1 percent, and the weighted average remaining life was 2.9 years as of December 31, 2024

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Lease liabilities maturities including residuals as of December 31, 2024 are as follows:

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