Advanced neural network models have penetrated Automatic Speech Recognition (ASR) in recent years, however, in language modeling many systems still rely on traditional Back-off N-gram Language Models (BNLM) partly or entirely. The reason for this are the high cost and complexity of training and using neural language models, mostly possible by adding a second decoding pass (rescoring). In our recent work we have significantly improved the online performance of a conversational speech transcription system by transferring knowledge from a Recurrent Neural Network Language Model (RNNLM) to the single pass BNLM with text generation based data augmentation. In the present paper we analyze the amount of transferable knowledge and demonstrate that the neural augmented LM (RNN-BNLM) can help to capture almost 50% of the knowledge of the RNNLM yet by dropping the second decoding pass and making the system real-time capable. We also systematically compare word and subword LMs and show that subword-based neural text augmentation can be especially beneficial in under-resourced conditions. In addition, we show that using the RNN-BNLM in the first pass followed by a neural second pass, offline ASR results can be even significantly improved.