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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Consolidated VIE) (Details)
¥ in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2016
USD ($)
Right
Dec. 31, 2016
CNY (¥)
Right
Dec. 31, 2015
CNY (¥)
Dec. 31, 2014
CNY (¥)
Dec. 31, 2016
CNY (¥)
VIE arrangements          
Maximum equity interests in internet business owned by foreign investors 50.00%       50.00%
Assets          
Cash and cash equivalents $ 139,453   ¥ 846,120 ¥ 1,378 ¥ 968,225
Restricted cash 175,470 [1]   483,965 [1]   1,218,286 [1]
Accounts receivable 4,117   82,993   28,581
Prepaid expenses and other assets 67,228   246,723   466,763
Amounts due from related parties 242   86,889   1,678
Held-to-maturity investments 14,247   30,000   98,917
Available-for-sale investments 166,787       1,158,000
Property, equipment and software, net 5,113   16,183   35,503
Deferred tax assets 62,855   175,862   436,402
Total assets 688,952   2,190,003   4,783,388
Liabilities          
Accounts payable 1,972 [2]   4,499 [2]   13,691 [2]
Amounts due to related parties 1,672   3,668   11,609
Liabilities from quality assurance program 211,868 [3]   546,332 [3]   1,471,000 [3]
Deferred revenue 23,667   117,484   164,318
Accrued expenses and other liabilities 81,257   288,171   564,165
Total liabilities 380,739   1,213,061   2,643,469
Net revenue 466,368 ¥ 3,237,991 1,313,639 196,525  
Net (loss)/income 160,795 1,116,398 275,339 (27,708)  
Net cash (used in)/ provided by operating activities 304,398 2,113,435 861,277 (227,041)  
Net cash used in investing activities $ (204,762) ¥ (1,421,663) (282,589) (3,577)  
Loan agreements between FOS and each of the shareholders of the respective VIE companies          
VIE arrangements          
Percentage of equity interest in VIE companies and FOS elects to exercise its exclusive equity purchase option, would result the loan to be repaid immediately 100.00% 100.00%      
Term of the loan 10 years 10 years      
Consolidated VIEs          
VIE arrangements          
Authority to terminate the VIE exclusive business cooperation agreement | Right 0 0      
Consolidated VIE assets collateral for obligations pertaining to VIE         0
Assets          
Cash and cash equivalents $ 62,438   144,535   433,510
Restricted cash 160,565   453,230   1,114,805
Accounts receivable 3,433   82,993   23,838
Prepaid expenses and other assets 57,421   234,204   398,675
Amounts due from related parties 242   86,889   1,678
Held-to-maturity investments     30,000    
Available-for-sale investments 71,727       498,000
Property, equipment and software, net 638   4,392   4,427
Deferred tax assets 62,855   175,862   436,402
Total assets 419,319   1,212,105   2,911,335
Liabilities          
Accounts payable 1,951   4,499   13,544
Amounts due to related parties 995   3,426   6,907
Liabilities from quality assurance program 211,868   546,332   1,471,000
Deferred revenue 23,667   117,484   164,318
Accrued expenses and other liabilities 73,151   244,438   507,890
Total liabilities 311,632   916,179   ¥ 2,163,659
Net revenue 466,336 ¥ 3,237,768 1,316,761 196,525  
Net (loss)/income 208,135 1,445,081 465,679 (27,708)  
Net cash (used in)/ provided by operating activities 347,862 2,415,204 812,496 (227,041)  
Net cash used in investing activities $ (67,884) ¥ (471,321) ¥ (35,486) ¥ (3,577)  
[1] The Company consolidated Huijin No. 28 Single Capital Trust E1, Yiren Elite Loan Trust Beneficial Right Asset Backed Special Plan, CreditEase Wealth Consumer Credit Investment Fund and Huijin No. 28 Single Capital Trust E2 as a whole, which are named “Assets Backed Financing Entities” or the “ABFE”, see Note 2.
[2] VIE companies refers to Heng Cheng and Yi Ren Wealth Management, see Note 2.
[3] Liabilities from quality assurance program refers to Liabilities from risk reserve fund guarantee in previous annual report.