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Land use rights, net | 12 Months Ended
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Dec. 31, 2016
Land use rights, net |
Land use rights, net | 11. Land use rights, net Land use rights, net, consist of the following:
|  | As of December 31, |
|  | 2015 |  | 2016 |
|  | RMB |  | RMB |
Land use rights |  | 1,999,424 |  | 2,567,271 |
Less: Accumulated amortization |  | (71,232 | ) | (119,760 | )
Net book value |  | 1,928,192 |  | 2,447,511 |
Amortization expenses for land use rights were RMB19,342, RMB30,360 and RMB48,528 for the years ended December 31, 2014, 2015 and 2016, respectively. As of December 31, 2016, amortization expenses related to the land use rights for future periods are estimated to be as follows:
|  | For the year ended December 31, |
|  | 2017 |  | 2018 |  | 2019 |  | 2020 |  | 2021 |  | 2022 and thereafter |
|  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |  | RMB |
Amortization expenses |  | 52,329 |  | 52,329 |  | 52,329 |  | 52,329 |  | 52,329 |  | 2,185,866 |

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