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Notes Payable and Long-Term Debt (Tables)
 6 Months Ended
Feb. 28, 2015
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments

February 28, 2015

August 31, 2014

(Dollars in thousands)
Notes payable
$
1,015,783


$
840,699

CHS Capital notes payable
345,832


318,774

Total notes payable
$
1,361,615


$
1,159,473
Schedule of Interest,Net
Interest, net for the three and six months ended February 28, 2015 and 2014 is as follows:
 
For the Three Months Ended February 28,
 
For the Six Months Ended February 28,
 
2015
 
2014
 
2015
 
2014
 
(Dollars in thousands)
Interest expense
$
19,574

 
$
11,836

 
$
40,610

 
$
34,426

Interest-purchase of NCRA noncontrolling interests
4,860

 
21,273

 
18,928

 
32,397

Capitalized interest
(12,706
)
 
(2,526
)
 
(24,611
)
 
(3,862
)
Interest income
(2,238
)
 
(1,594
)
 
(4,836
)
 
(3,187
)
Interest, net
$
9,490

 
$
28,989

 
$
30,091

 
$
59,774


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 11, Derivative Financial Instruments and Hedging Activities for additional information.