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Land use rights, net | 12 Months Ended
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Dec. 31, 2015
Land use rights, net |
Land use rights, net | 12. Land use rights, net Land use rights, net, consist of the following:
|  | As of December 31, |
|  | 2014 |  | 2015 |
|  | RMB |  | RMB |
Land use rights |  | 1,108,125 |  | 1,999,424 |
Less: Accumulated amortization |  | (40,872 | ) | (71,232 | )
Net book value |  | 1,067,253 |  | 1,928,192 |
Amortization expenses for land use rights were RMB11,700, RMB19,342 and RMB30,360 for the years ended December 31, 2013, 2014 and 2015, respectively. As of December 31, 2015, amortization expenses related to the land use rights for future periods are estimated to be as follows:
|  | For the year ended December 31, |
|  | 2016 |  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 and thereafter |
|  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |
Amortization expenses |  | 40,802 |  | 40,802 |  | 40,802 |  | 40,802 |  | 40,802 |  | 1,724,182 |

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