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I get the following error when I attempt to access the text file icon for the first time,

TIA,

Exception thrown:
System.Reflection.TargetInvocationException: Exception has been thrown by the target of an invocation. ---> System.TypeInitializationException: The type initializer for 'ICSharpCode.SharpDevelop.DefaultEditor.Gui.Editor.TextEditorDisplayBinding' threw an exception. ---> System.IO.DirectoryNotFoundException: Could not find a part of the path 'G:\apps\data\modes'.
 

SharpDevelop is installed into a directory structure like this:

SharpDevelop\bin
SharpDevelop\AddIns
SharpDevelop\data

Looks like you have somehow moved a part of the SharpDevelop installation to G:\apps\ so that the rest cannot be found anymore. Please reinstall.