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INTANGIBLE ASSETS, NET
9 Months Ended
Sep. 30, 2017
INTANGIBLE ASSETS, NET  
INTANGIBLE ASSETS, NET

6 INTANGIBLE ASSETS, NET

        Intangible assets consisted of the following:

                                                                                                                                                                                    

 

 

As of
December 31,
2016

 

As of
September 30,
2017

 

Customer relationships

 

 

104,322

 

 

280,822

 

Favorable lease

 

 

15,500

 

 

15,500

 

Others

 

 

 

 

6,000

 

​  

​  

​  

​  

 

 

 

119,822

 

 

302,322

 

Less: accumulated amortization

 

 

(27,253

)

 

(43,093

)

​  

​  

​  

​  

Intangible assets, net

 

 

92,569

 

 

259,229

 

​  

​  

​  

​  

​  

​  

​  

​  

        Amortization of intangible assets was RMB10,070 and RMB15,840 for the nine-month periods ended September 30, 2016 and 2017, respectively.