PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2017
PROPERTY AND EQUIPMENT, NET [Abstract]  
PROPERTY AND EQUIPMENT, NET
5
PROPERTY AND EQUIPMENT, NET
 
Property and equipment consists of the following:
 
 
 
December 31,
 
 
 
2016
 
2017
 
 
 
RMB
 
RMB
 
Office buildings
 
 
281,541
 
 
288,046
 
Furniture
 
 
18,078
 
 
29,405
 
Office equipment
 
 
271,862
 
 
362,254
 
Leasehold improvements
 
 
64,383
 
 
100,577
 
Total property and equipment
 
 
635,864
 
 
780,282
 
Less: accumulated depreciation
 
 
(198,527)
 
 
(260,591)
 
Property and equipment, net
 
 
437,337
 
 
519,691
 
 
Depreciation expense for property and equipment was allocated to the following:
 
 
 
Year Ended December 31,
 
 
 
2015
 
2016
 
2017
 
 
 
RMB
 
RMB
 
RMB
 
Cost of revenues
 
 
48,553
 
 
61,967
 
 
85,887
 
Selling and marketing expenses
 
 
2,694
 
 
3,226
 
 
5,313
 
General and administrative expenses
 
 
3,031
 
 
6,455
 
 
8,064
 
Research and development expenses
 
 
703
 
 
1,109
 
 
1,460
 
Total
 
 
54,981
 
 
72,757
 
 
100,724