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Land use rights, net | 12 Months Ended
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Dec. 31, 2014
Land use rights, net |
Land use rights, net | 13. Land use rights, net Land use rights, net, consist of the following:
|  | As of December 31, |
|  | 2013 |  | 2014 |
|  | RMB |  | RMB |
Land use rights |  | 620,383 |  | 1,108,125 |
Less: Accumulated amortization |  | (21,530 | ) | (40,872 | )
Net book value |  | 598,853 |  | 1,067,253 |
Amortization expenses for land use rights were RMB9,565, RMB11,700 and RMB19,342 for the years ended December 31, 2012, 2013 and 2014, respectively. As of December 31, 2014, amortization expenses related to the land use rights for future periods are estimated to be as follows:
|  | For the years ended December 31, |
|  | 2015 |  | 2016 |  | 2017 |  | 2018 |  | 2019 |  | 2020 and thereafter |
|  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |
Amortization expenses |  | 22,162 |  | 22,162 |  | 22,162 |  | 22,162 |  | 22,162 |  | 956,443 |

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- Definition The entire disclosure related to land use rights. + References No definition available. + Details
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