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PREPAID EXPENSES AND OTHER CURRENT ASSETS | 12 Months Ended
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Dec. 31, 2016
PREPAID EXPENSES AND OTHER CURRENT ASSETS [Abstract] |
PREPAID EXPENSES AND OTHER CURRENT ASSETS |
4 | PREPAID EXPENSES AND OTHER CURRENT ASSETS
Prepaid expenses and other current assets consist of the following:
|  |  |  | December 31, |
|  |  |  | 2015 |  | 2016 |
|  |  |  | RMB |  | RMB |
Prepaid expenses and other current assets: |  |  |  |  |  |  |  |  |
Prepaid rental expenses |  |  |  |  | 17,925 |  |  | 25,038 |
Interest receivable from time deposits |  |  |  |  | 11,485 |  |  | 5,945 |
Prepaid advertising deposits |  |  |  |  | 10,975 |  |  | 11,875 |
Prepaid advertising expenses |  |  |  |  | 9,991 |  |  | 14,193 |
Prepaid value-added tax |  |  |  |  | 7,176 |  |  | 50,587 |
Housing loans made to employees |  | (a) |  |  | 2,290 |  |  | 4,968 |
Staff advances |  | (b) |  |  | 423 |  |  | 1,404 |
Others |  | (c) |  |  | 5,838 |  |  | 12,078 |
Total prepaid expenses and other current assets |  |  |  |  | 66,103 |  |  | 126,088 |
| (a) | Before 2016, the Company provided one-year housing loans to the employees to help them finance their purchase of apartments. In 2016, the Company provided five-year loans to the employees, which amounted to RMB12,751 and were included in other non-current assets.
| (b) | Staff advances are provided to staff for traveling and related expenses and are expensed when incurred.
| (c) | Others mainly represent other deposits, professional fees and other miscellaneous prepaid expenses.

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- Definition Entire disclosure for asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer. + References No definition available. + Details
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