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Notes Payable and Long-Term Debt (Tables)
 6 Months Ended
Feb. 28, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
 
 
 
 
 
 
 
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
Schedule of Interest,Net
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.