Convert Paragraph Text

Unfortunately, there is no command to convert paragraph text (that is, text you've created using a text box) into regular point type (meaning type that is not confined to a text box). You'll have to do this conversion yourself by highlighting all the text in the text frame with the Type tool (T) and cutting it using the Command-X (PC: Control-X) keyboard shortcut. Then, deselecting the text box (Command-Shift-A [PC: Control-Shift-A]) and clicking with the Type tool on the artboard. This creates a new, single text insertion point and you can press Command-V (PC: Control-V) to paste the text. (You can tell the difference by clicking on the text with the Direct Selection tool (A), which will show a text bounding-box or a path, as seen here.)