I am just wondering if there is a way to easily edit this text.
It appears to be an image??
Graphic Design Stack Exchange is a question and answer site for Graphic Design professionals, students, and enthusiasts. It only takes a minute to sign up.Sign up to join this community
No easy way as far I know. You have to rewrite with the text tool, try to find a similar font of the image. Use this website to find the font (or get similar types) https://www.myfonts.com/WhatTheFont/
It depends if you are trying to "re-write" or edit in another way. It IS an image, and it's possible to do an Image Trace if you just want to change some things. Keep in mind, once you do this, each letter will be an individual object, not an editable letter. However, you could always use a similar font to supplement... there are several options depending on what you're trying to change.
I'm assuming you aren't stealing this logo from someone else and just want to change some things for yourself...
If I were you, I would:
Here's a more extensive guide to Image Tracing: http://blogs.adobe.com/adobeillustrator/2013/07/image-trace-in-illustrator-a-tutorial-and-guide.html
*edit: I can't see your layers, but perhaps this is already done?? I guess we would just need to see more info on what you want to accomplish :)