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Financial statements

7 Property operating expenses

	2016	2015
Taxes	1,315	1,342
Insurance	164	115
Maintenance	1,738	946
Valuation fees	85	142
Property management fees	811	775
Promotion and marketing	195	212
Letting and lease renewal fees	498	482
Other operating expenses	1,221	857
Addition to provision for bad debts	544	198
Total property operating expenses	6,571	5,069

In 2016, € 0.2 million (2015: € 0.1 million) of the maintenance expenses related to unlet properties.