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RELATED PARTY TRANSACTION (Tables) | 12 Months Ended
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Dec. 31, 2018
RELATED PARTY TRANSACTION |
Schedule of transactions with related parties | (1) Related parties
Name of related parties |  | Relationship with the Group |
Mr. Chimin Cao |  | Chairman of the Board of Directors of the Company |
Ms. Zhiying Li |  | Spouse of Mr. Chimin Cao |
Hainan RYB |  | Equity method long-term investee of the Group |
(2) The significant related party transactions are as follows:
|  | Years ended December 31,
|  | 2016 |  | 2017 |  | 2018
Rental expense recorded: |  |  |  |  |  |
Ms. Zhiying Li (i) |  | 294 |  | 293 |  | 332
|  | 294 |  | 293 |  | 332
(3) The significant balances between the Group and its related parties are as follows:
|  | As of December 31,
|  | 2017 |  | 2018
Amounts due from: |  |  |  |
Hainan RYB (ii) |  | 126 |  | —
|  | 126 |  | —
| (i) |  | The transactions with the related party shown above represent the rental expenses recorded in each year.
| (ii) |  | The balances with related parties were interest-free, unsecured and repayable on demand.

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- Definition Tabular disclosure of related party transactions. Examples of related party transactions include, but are not limited to, transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners and (d) affiliates. + References No definition available. + Details
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