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Notes Payable and Long-Term Debt | 6 Months Ended
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Feb. 28, 2014
Debt Disclosure [Abstract] |
Notes Payable and Long-Term Debt | Notes Payable and Long-Term Debt
| February 28, 2014 |  | August 31, 2013 |  | February 28, 2013
| (Dollars in thousands)
Notes payable | $ | 648,102 |  |  | $ | 521,864 |  |  | $ | 419,536 |
CHS Capital notes payable | 426,178 |  |  | 367,448 |  |  | 438,960 |
Total notes payable | $ | 1,074,280 |  |  | $ | 889,312 |  |  | $ | 858,496 |
On February 28, 2014, our primary committed line of credit was a five-year revolving facility with a committed amount of $2.5 billion. We had no amounts outstanding as of February 28, 2014, August 31, 2013 and February 28, 2013. Interest, net for the three and six months ended February 28, 2014 and 2013 is as follows:
| For the Three Months Ended |  | For the Six Months Ended
| February 28, 2014 |  | February 28, 2013 |  | February 28, 2014 |  | February 28, 2013
| (Dollars in thousands)
Interest expense | $ | 11,836 |  |  | $ | 23,219 |  |  | $ | 34,426 |  |  | $ | 47,655 |
Interest-purchase of NCRA noncontrolling interests | 21,273 |  |  | 33,991 |  |  | 32,397 |  |  | 80,687 |
Capitalized interest | (2,526 | ) |  | (2,694 | ) |  | (3,862 | ) |  | (5,596 | )
Interest income | (1,594 | ) |  | (1,131 | ) |  | (3,187 | ) |  | (2,151 | )
Interest, net | $ | 28,989 |  |  | $ | 53,385 |  |  | $ | 59,774 |  |  | $ | 120,595 |
We terminated interest rate swaps and recorded a resulting $13.5 million gain as a reduction to interest expense in our consolidated statements of operations for the three and six months ended February 28, 2014. See Note 9, Derivative Financial Instruments and Hedging Activities for additional information.

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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