I tried to do a makeshift conversion to single speed by taking off the derailleur and shortening the chain but it wouldn't work with the 10speed chain and cassette. This is also when I discovered the cassette was trashed too.
I'll be taking my bike over to the bike shop this morning to have them look at the frame. The derailleur did some damage to a one of the seat stays and I am not a carbon expert so I want them to look at it. I am not sure what is going to happen if the frame is trashed. The beauty of bike designs is that the derailleur hangers are designed to rip off before they do damage to the frame. So getting the derailleur back on shouldn't be too big of a deal. However, one of the bolt sheared off and I am hoping the bike shop can get it out with out too much issues. I don't have to tools to drill out and retap the hole. The derailleur is a little banged up but doesn't look bent so it might be okay. I know I will have to replace the chain, hanger, and cassette.